News from New York times
By Neil Irwin
Nov. 14, 2020Updated 6:19 a.m. ET
https://www.nytimes.com/2020/11/14/upshot/pandemic-capitalism-vaccine.html
After Pfizer announced highly successful preliminary results for its coronavirus vaccine, Trump administration officials said the good news reflected the success of their Operation Warp Speed program to accelerate vaccine development. Pfizer executives stressed the opposite, noting the company had developed the vaccine with its own resources, not government grants.
That was true, but not the whole story. Over the summer, Pfizer had reached a $1.95 billion “advance purchase” agreement with the United States government, ensuring it would be well compensated for eventually delivering 100 million doses of vaccine. In other words, though the government did not directly fund the drug development, it created the groundwork in which the pharmaceutical company could spend research dollars with abandon, knowing that success would be financially rewarded.
It may seem like a trivial case of a company and an administration each claiming credit for some happy news. But it speaks to a deeper reality the pandemic has revealed — both what is amazing about capitalism, and how the free market alone comes up short in solving enormous problems.
Analyzing text relying on questions
What is the thesis or central idea of the text?
Who is the intended audience?
How does the author structure the text?
What are the key parts of the text?
What does the author do to generate interest in the argument?
The central idea of the text is about capitalism and how free market alone comes up short in solving enormous problems related to vaccine that is implemented in the US.
Intended audience of the news is free readers who are interested in politics and medicine-trade. The text is purposed for advanced level of the English language.
The structure of the text presents the causal relationship between an specific event, idea, or concept and the events, ideas, or concept that follow. This type of text examines the similarities and differences between two or more people, events, concepts, ideas, etc. and sets up a problem or problems, explains the solution, and then discusses the effects of the solution.
The Pandemic Is Showing Us How Capitalism Is Amazing, and Inadequate; highly successful preliminary results for its coronavirus vaccine; “advance purchase”; free market;
The author tells us about free market which is considered best sides rather than previous results and urges that capitalism and how free market alone comes up short in solving enormous problems related to vaccine.
It would be well compensated for eventually delivering 100 million doses of vaccine* the sentences is a bright sample for generating interest in argument which the reader tries to understand through the text.
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