Market failing to provide for human needs?

How could that be?

Bill Gates: capitalism means male baldness research gets more funding than malaria

“Our priorities are tilted by marketplace imperatives,” he said. “The malaria vaccine in humanist terms is the biggest need. But it gets virtually no funding. But if you are working on male baldness or other things you get an order of magnitude more research funding because of the voice in the marketplace than something like malaria.”

Efforts to cut emissions and fossil fuel use by 80 percent by 2050 deemed ‘extremely challenging’ by a panel of experts: ‘On its own, the market would not make this transition.’