Big Pharma and the Rise of Gangster Capitalism – Astute News

Yes, you read that correctly: a medication that’s been in use for 68 years went from $40 a dose in 2001 to $38,892 today. Don’t you love the pricing? Not a round 38 grand, but $38,892. You gotta love these gangsters!

There’s another related term to describe this form of capitalism: racketeering.That’s what mobsters do–operate rackets.

The Big Pharma racket enriches a number of gangs practicing gangster capitalism: the drug companies themselves, of course, but some doctors are profiting from the racket, and so are pharmaceutical lobbyists:

Study highlights role of doctor conflicts of interest in Medicare spending on Mallinckrodt drug Acthar Study published in JAMA indicates nearly 90 percent of doctors prescribing HP Acthar Gel took payments from drug’s manufacturer.

via Big Pharma and the Rise of Gangster Capitalism – Astute News

One thought on “Big Pharma and the Rise of Gangster Capitalism – Astute News”

  1. THIS PLANET IS COMPRISED OF NOTHING BUT GANGSTERS, WHETHER THEY BE CAPITALISTIC GANGSTERS OR COMMUNISTS GANGSTERS, ONE THING FOR CERTAIN THEY ALL GO UNDER AN ASSUMED NAME OF LEADERS. I SAY LEADERS OF THE EVIL QUEST. CAPITALIST TELL THEIR FOLKS LIES, AND COMMUNISTS DO THE SAME DAMNED THING, MUST SAY THEY DO PUT ON A GOOD ACT, BUT NO ACT THAT IS GOING TO AMOUNT TO ANY GOOD. MY LATE MOTHER ALWAYS TOLD ME THERE ARE TWO KINDS OF GOODS: (1) GOOD, AND (2) GOOD FOR NOTHING.

    https://glblgeopolitics.wordpress.com/2018/08/06/americans-live-in-a-world-of-lies/

    Like

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