> The reality is probably closer to the fact that there isn't anything governments can do about it.

They can proactively close schools, government jobs. They can roll out bailout programs to encourage business closings that would otherwise cause the businesses to go bankrupt. They can aggressively close borders, and enforce quarantines with military force. They can mandate the production of respirators, testing kits and other medical necessities.

Government can do A LOT that no other actor can, so I don't quite get where you're coming from with this statement.