I actually know a lot about this topic personally and while it would be naive to say that big pharma is full of sweet little angels I do know that it doesnt all just come down to them gouging people or running on monopolies. One big problem in the industry is insurance both public and private. You can also get most drugs for free if you are low income by filling out a few forms and sending them in to the drugs manufacturer. Again, I am not saying that big pharma doesnt have problems and they do make giant profits and some shady business practices but this article does leave some facts out. Good post though and a topic people dont see discussed much so I was glad to see it up front, upvoat from me my friend and keep up the quality contributions.
Big Pharma's monopoly is exactly what allows them to gouge people. They trick is that they gouge people in a roundabout way by employing government force to stomp out competition, be exempted from liability, and force taxpayers to pay for their products.
You are right but at the same time taxpayers benefit in a great way from paying for the products. Not disagreeing just pointing it out. I have no tie to big pharma but I have been dealing with them for years and like I said while they are not perfect, imo, they are not the devil either.
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Flagger ago
I actually know a lot about this topic personally and while it would be naive to say that big pharma is full of sweet little angels I do know that it doesnt all just come down to them gouging people or running on monopolies. One big problem in the industry is insurance both public and private. You can also get most drugs for free if you are low income by filling out a few forms and sending them in to the drugs manufacturer. Again, I am not saying that big pharma doesnt have problems and they do make giant profits and some shady business practices but this article does leave some facts out. Good post though and a topic people dont see discussed much so I was glad to see it up front, upvoat from me my friend and keep up the quality contributions.
Charlie_Prime ago
Big Pharma's monopoly is exactly what allows them to gouge people. They trick is that they gouge people in a roundabout way by employing government force to stomp out competition, be exempted from liability, and force taxpayers to pay for their products.
Flagger ago
You are right but at the same time taxpayers benefit in a great way from paying for the products. Not disagreeing just pointing it out. I have no tie to big pharma but I have been dealing with them for years and like I said while they are not perfect, imo, they are not the devil either.