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Book Review: “At What Cost: Modern Capitalism and the Future of Health”

by Shreeya

Freudenberg’s “At What Cost,” published in 2021, offers a comprehensive examination of the contemporary intertwining of capitalism and public health, particularly exacerbated by corporate and governmental responses to the Covid pandemic.

Key Themes:

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Corporate Influence: Freudenberg delves into the exponential rise of corporate control over the health economy, accentuating the resultant expansion of profits. He exposes how corporations wield influence over the US political and regulatory landscape, impacting public health across various sectors.

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Deregulation and Privatization: Through meticulous analysis, Freudenberg illustrates the consequences of deregulation and privatization across education, labor rights, food security, transportation, and healthcare systems. These shifts, influenced by neoliberal ideologies, have profound implications for global health and societal well-being.

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Labor Conditions and Corporate Power: The book scrutinizes the imposition of neo-feudal working conditions by corporate giants like Walmart and tech companies, which undermine labor unions and externalize costs to workers and governments. With millions of precarious workers in the US, concerns about corporate control intensify.

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Research and Innovation: Freudenberg highlights the dominance of corporate funding in research, raising questions about its impact on innovation. Corporate investments in promoting ultra-processed foods, childcare, and education further illustrate the sway of profit-driven interests in shaping societal norms.

Policy Challenges: The book challenges policymakers to grapple with the complex intersection of public health objectives and neoliberal capitalism. It critiques the neoliberal paradigm’s hollowing out of public services, privatization of national assets, and erosion of democratic principles.

Alternative Paradigms: Freudenberg advocates for a return to Keynesian welfare economics and social justice models, emphasizing inclusivity, human rights, and labor empowerment. He proposes transformative changes to detoxify modern capitalism’s detrimental effects on public health.

Implications and Recommendations:

Freudenberg’s analysis serves as a clarion call for policymakers and public health practitioners to reevaluate the societal and economic frameworks driving contemporary health outcomes.

The book offers alternative policies and actions aimed at fostering sustainable, people-centered public health priorities, aligning with WHO’s One Health Agenda and addressing social determinants of health.

By shedding light on the legal, financial, and access implications of global capitalism, Freudenberg equips stakeholders with the intellectual tools to advocate for systemic change in public health governance.

Conclusion:

“At What Cost” is a seminal text that illuminates the intricate nexus between modern capitalism and public health. Freudenberg’s rigorous analysis and policy prescriptions provide a roadmap for advancing a comprehensive public health agenda in the 21st century, grounded in equity, sustainability, and social justice.

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