"The general failure is illustrated dramatically by the most severe immediate problem: lack of ventilators, a lethal failure, forcing doctors and nurses to make the agonizing decision of who to kill.

The Obama administration had recognized the potential problem. It ordered high-quality low-cost ventilators from a small company that was then bought by a large corporation, Covidien, which shelved the project, apparently because the products might compete with its own high-cost ventilators. It then informed the government that it wanted to cancel the contract because it was not profitable enough..."

https://truthout.org/articles/chomsky-and-pollin-to-heal-from-covid-19-we-must-imagine-a-different-world/