Marc Andreessen. Photo: Steve Jennings/Getty Images

Marc Andreessen, a tech pioneer who is cofounder and general partner at the venture capital firm Andreessen Horowitz, is out with a rare window into his thinking, "It's Time to Build," arguing that Western institutions' failure to prepare for the coronavirus pandemic "will reverberate for the rest of the decade."

The takeaway: "Every step of the way, to everyone around us, we should be asking the question, what are you building?"

What he said:

"In the U.S., we don’t even have the ability to get federal bailout money to the people and businesses that need it. ...
"Medical equipment and financial conduits involve no rocket science whatsoever. At least therapies and vaccines are hard! Making masks and transferring money are not hard. We could have these things but we chose not to — specifically we chose not to have the mechanisms, the factories, the systems to make these things. We chose not to *build*.
"You don’t just see this smug complacency, this satisfaction with the status quo and the unwillingness to build, in the pandemic, or in health care generally. You see it throughout Western life, and specifically throughout American life."

Go deeper

Updated Oct 7, 2020 - Health

World coronavirus updates

Expand chart
Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand now has active no coronavirus cases in the community after the final six people linked to the Auckland cluster recovered, the country's Health Ministry confirmed in an email Wednesday.

The big picture: The country's second outbreak won't officially be declared closed until there have been "no new cases for two incubation periods," the ministry said. Auckland will join the rest of NZ in enjoying no domestic restrictions from late Wednesday, Prime Minister Jacinda Ardern said, declaring that NZ had "beat the virus again."

South Carolina caterer: Loans kept many businesses afloat during COVID pandemic

Axios' Sara Fischer (L) and Sameka Jenkins, owner Carolima’s Lowcountry Cuisine. Photo: Axios screenshot.

Many small businesses would have gone under without financial aid during widespread closures caused by the coronavirus pandemic, Carolima’s Lowcountry Cuisine owner Sameka Jenkins said at an Axios virtual event Tuesday.

Zoom in: Jenkins said her South Carolina-based company received an Economic Injury Disaster Loan from the Small Business Administration to ease the financial effects of the crisis.

Senate Republicans criticize their own stimulus bill

Photo: Tasos Katopodis/Getty Images

Multiple Republicans made clear on Tuesday that they are not on board with several key provisions in the $1 trillion stimulus bill released by Senate GOP leadership Monday. Many said they find the process confusing, messy and not reflective of the Republican conference. 

Why it matters: For a Senate Republican bill, it’s remarkable how many Senate Republicans hate it.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!