The economy, as you know it, exists because government says, "Nope, we know best!" It is a survival of the fittest environment solely because the people in charge of the government don't want Star Trek socialism.

It is true that the majority of COVID deaths are among the population that one government called "life unworthy of life." But the decision to let them die off for the greater good is, itself, a form of saying "Nope, we know best." When a pandemic hits, you don't get to not choose a response.