View all newsletters
Sign up to our newsletters

Support 110 years of independent journalism.

  1. Politics
  2. The Staggers
24 March 2021

Boris Johnson believes the vaccine roll-out is a by-product of greed. Why the surprise?

The idea that the profit motive yields success is essential to Conservative thought. So why is Johnson embarrassed?

By Stephen Bush

What is wrong with Boris Johnson’s comment to a meeting of back-bench Conservative MPs that the United Kingdom’s successful vaccine roll-out is “because of capitalism, because of greed”? I ask because, while the answer is obvious if you want to dismantle capitalism, it is, to be frank, unclear to me what the answer to that question is if you don’t.

Indeed, Johnson’s implicit argument – that the profit motive, free competition between different pharmaceutical companies in search of a buck, and so forth – is essential to all Conservative thought about the economy, much Liberal Democrat thought about the economy and a large chunk of Labour thinking about the economy, too.

It’s true to say that the developers of one of the coronavirus vaccines, AstraZeneca, have agreed to forego some profit by selling it at cost during the pandemic and on a no-profit basis to low- and middle-income countries in perpetuity. But they will, of course expect and hope to make a profit selling doses to the rest of the world once the pandemic is over – and the reality is that AstraZeneca’s dealings with poorer countries during the pandemic are more complicated than the headlines suggest. Yet no sooner had Johnson said it than he tried to unsay it, telling Conservative MPs “actually I regret saying it”, and adding “forget I said that”.

While you can point to the light-hearted phrasing, the actual statement is no more surprising than if Keir Starmer were to say: “This country, like a marriage, it is at its best when we all come together”. It would be particularly surprising to hear Starmer make an argument for social democracy in that way and that manner, but as a bland statement of what the Labour leader believes, the subtext is not new or surprising.

Part of the problem is that Johnson’s government lacks intellectual self-confidence or coherence. We saw this, again, at Prime Minister’s Questions on 24 March in which Starmer opted to major on cuts to the armed forces. What was interesting is how Johnson dealt with the issue: not by making an argument for the spending cuts but by trying to claim they simply weren’t happening. 

Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team. The best way to sign up for The Green Transition is via spotlightonpolicy.substack.com
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
THANK YOU

That’s been the pattern in the Prime Minister’s statements, whether to Starmer or to back-bench MPs from across the House since Rishi Sunak’s Budget. Whether he is facing questions from his own side about cuts to international development or from Labour about nurses’s pay or the armed forces, the Prime Minister’s approach is simply to argue that, actually, these cuts aren’t really happening, and when you look closely at the figures the government is being incredibly generous.

There is, of course, another approach available, which is to make an argument that these cuts and tax rises are happening but they’re necessary, because we need to “balance the books” after the pandemic: the argument made by the Conservatives in 2010, 2015 and 2017. But like the argument that “greed” is the cause of the UK’s successful vaccine roll-out, it is, avowedly, a case rooted in a philosophical argument for the government’s political aims and, for whatever reason, Johnson seems nervous of making it, both in public and in private.

Content from our partners
Unlocking the potential of a national asset, St Pancras International
Time for Labour to turn the tide on children’s health
How can we deliver better rail journeys for customers?

Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team. The best way to sign up for The Green Transition is via spotlightonpolicy.substack.com
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
THANK YOU