Monopoly medicine has allowed for the normalisation of a neoliberal approach in an arena it should never have penetrated: global health. As a result of pandemic profits, a wave of new billionaires has emerged – in stark contrast with the destitution faced elsewhere, and with the disturbing persisting inequality to access which is quickly becoming a vaccine apartheid.
Since the beginning of the pandemic, nine new people have become billionaires off vaccine fortunes, with a combined net wealth of $19.3 billion (£13.6 billion). According to the People’s Vaccine Alliance, between them, their net worth is enough to fully vaccinate all people in low-income countries 1.3 times over. The Alliance, comprised of nine NGOs including Amnesty International, Oxfam, and UNAIDS, has led campaigns against this wealth proliferation following their analysis of Forbes Rich List data…
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