If you or someone you know has recently been blessed (or cursed, depending on who you ask) to be a parent in the United States, you probably know about the lack of crisis-level child formulas on American shelves. The latest estimate of the out-of-stock rate for Baby Formula is 43%, according to the data assembly.
How do we get here? If you listen to mainstream economists, politicians, or corporations, the answer is complex and usually involves a mixture of ambiguities. “Supply-chain problems” Blaming Kovid-19, as well as somehow being blamed for the conflict in Ukraine. This is nonsense, and fortunately most Americans realize that the installation has left them to dry in the rain again.
The story of the problems faced by millions of working families and parents across the country reveals just how sick our economic system is. According to a 2011 USDA report, Abbott Laboratories is the manufacturer of 43% of all infant formulas found in the United States. A handful of other companies make up another 57%, one of them being Nestl এর’s infamous history of misconduct.
Abbott Nutrition is the sole supplier to most women, children and children’s organizations in the state and the more than 1.2 million children served by WIC are limited to certain brands. “Contract formula.” This is important because in February, parents reported multiple cases of child sickness and two child deaths after eating products made at an Abbott plant in Michigan.
However, the FDA was alerted to multiple crimes and shady health practices in early October 2021, when a whistleblower report reached their desk. The FDA did not inspect the plant until January 31, 2022, and no withdrawal was issued until February 17, 2022. The agency has, of course, promised to investigate on its own, but a spokesman said the source of the benefit was already in question. “The source of the infection is unlikely to be the case” And “There was no outbreak due to products from the facility.” The FDA, however, observed that many health regulations were violated and harmful bacteria were present in the production line of baby formula.
Between these results and the highly questionable practice given in the Whistleblower report, why did the FDA take so long to respond? Why the complaint is not being filed? Why isn’t anyone being blamed? Because we have a government and a corporate world who share a bed and a bank account and regular people work together to ensure that they continue to be crushed and crushed as long as they maintain their profits. The Michigan plant is closed, and when such a large concentration is allowed in a market as important as the baby formula, a plant closure and integrated corner cutting (as described in the Whistleblower report) will undoubtedly begin to affect the lives of millions of parents and families. Not only that, as there is no way to expand the baby formula market with more babies being born, there is no incentive in the profit-driven economic system to save formula surplus in times of scarcity. . The same can be said about the lack of certain health products, such as sanitizers and masks, in the wake of the Kovid outbreak.
So what has the US government decided to do to address these shortcomings and provide relief to parents? With its infinite budget to send troops to Somalia, to bail out the rich and powerful, and to supply arms to Ukraine, the government must do something. Yet so far, it has continued its centuries-long policy of doing nothing to help working people. What should the government do? First, the people of Abbott and the FDA should be held accountable, like any other person, because their negligence has resulted in deaths and losses while Abbott continues to make billions upon billions of dollars in profits. From December 2021 to March 2022, Abbott’s revenue grew 13.76%, while the company spent billions of dollars on stock buybacks instead of fixing their benefits.
Abbott and other formula makers have moved away from hunting habits over the years, so their accountable conversations should start at the very end. In the end, though, nationalization may be the answer. If Abbott’s wealth and production facilities are nationalized, they may be driven by the interests of society, community and family as a means of luxury for a select group of elites at the expense of the rest of us. The state could take the lead in creating baby formula at a much lower cost due to the lack of advertising and administrative costs facing private companies. Abbott’s staff should also be given a seat at the table in terms of policy, production, planning and management of normal activities. The state should take an educative and leading role until the workers themselves are better equipped and ready to run things. It will also have a positive effect on record-breaking inflation as this state-owned enterprise may push their more affordable products as reference prices for similar products.
The Biden administration has already acknowledged the failure of the so-called free market through the Defense Production Act of 1950, which gives the federal government broad powers over the economy in times of crisis and in response to national defense or economic issues. The security of Americans. This law will be used by manufacturers to complete orders relating to formula ingredients before any other order. This is a step in the right direction, but why did it take so long and why do we not apply this argument to every other example where neo-liberalism, capitalism and orthodox economics fail to provide for the people? Some commentators have even dared to attack this move as a violation “Private Property Rights” And to give more power to the federal government. We need a government in which we, on behalf of the people, are willing to fight against the established economic forces and the oligarchs who win their battles at the expense of everyday people. This type of government will not be led by Biden or Trump or any other Democrat or Republican, but will be led by We the People.
The statements, opinions and opinions expressed in this column do not merely represent the author and RT’s.
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