Another important change is that some of the key tenets of neoliberalism have been undermined by this crisis... [F]irst... this view that the less state there is the better... has been totally exposed, as countries that have had their government intervening, oddly to test, trace and isolate the infected people, such as South Korea, New Zealand, Denmark, Vietnam... have minimized the spread of disease... [I]n Vietnam officially the death toll from Covid-19 is zero. ...[E]ven if you do not believe that... number it is very very low. In contrast the UK, the US, Brazil, countries that have refused to take quick public action, trying to believe that the greater economic freedom... the better... have had to... go into severe lockdown, and despite that, have produced a huge number of infected people and death.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Another important change is that some of the key tenets of neoliberalism have been undermined by this crisis... [F]irst... this view that the less state there is the better... has been totally exposed, as countries that have had their government intervening, oddly to test, trace and isolate the infected people, such as South Korea, New Zealand, Denmark, Vietnam... have minimized the spread of disease... [I]n Vietnam officially the death toll from Covid-19 is zero. ...[E]ven if you do not believe that... number it is very very low. In contrast the UK, the US, Brazil, countries that have refused to take quick public action, trying to believe that the greater economic freedom... the better... have had to... go into severe lockdown, and despite that, have produced a huge number of infected people and death." in the context of "" to mean that wisdom is timeless.