- cross-posted to:
- news@lemmy.world
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
- news@lemmy.world
J&J, Merck, and Bristol Myers Squibb spend billions more on executives and stockholders than on R&D — Senate report points to greed and ‘patent thickets’ as key reasons for high prices::Senate report points to greed and “patent thickets” as key reasons for high prices.
You must log in or register to comment.
Behold the “efficiency” of market capitalism the self-serving economists love crowing about.
Efficient at making wealthy sociopaths richer for doing nothing, using the value of your labor, and nothing else.
Efficiency of capitalism is moving profits from the bottom to the top while expending the least amount of capital on products and employees.
The only people who treat capitalism like some sort of “fixer” for something like government are sycophants and the same ones that completely ignore privatization fucking over government (and the taxpayer) wirh cost overruns and wealthy executives.
They saw an opportunity to make money and took it. All else be damned.
We clearly know the problem with the world of today. However, we can’t do shit about it because US democracy is an absolute sham.
Choice A: unbridled consumption
Choice B: unbridled consumption
How can you call a country with a two-party political system a democracy is the real question here? Yes, you have primary and the political agenda of the candidates differ to some extent but this isn’t really a democracy in my eyes.
For me democracy is to have a plurality of political parties, to form a government with other political parties and people to have a real choice and what you have in the US isn’t exactly that.
💯
This info graphic illustrates perfectly how First Past the Post would play out in a country like Sweden.
