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Time to Overhaul the World Economy?

Due to COVID-19, around 4.7 crore people may lose their jobs and over 10 lakh people may need ventilators in the US.

Due to COVID-19, around 4.7 crore people may lose their jobs and over 10 lakh people may need ventilators in the US. However, there are only 1 lakh ventilators available in the US hospitals. According to a Harvard report of 2009, every year around 45,000 people in the US lose their lives due to lack of medical insurance. "If this is the case in the world's richest economy, then is it time to overhaul the world's economic system?," questions senior journalist Aunindyo. 

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