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« Last call for the autumn mix... | Main | Coupla quick links from the pba blogroll »
pharmaceuticals and the health care "industry"
November 29, 2004
Eric from Total Information Awareness has an awesome post about The Conflict On Drugs:
I do not mean to demonize the pharmaceutical industry. They are merely seeking to maximize their influence, profits and power. In the process, they have spearheaded many important scientific breakthroughs that have saved lives, and greatly benefited society as a whole. But at times, the industry will be seduced by the same siren's song that big business inevitably falls prey to: profits over public welfare. Since this is an inextricable conflict of interest, it is necessary to rein in such unchecked power. Greater regulation of the industry is needed in order to insure that its beneficial qualities are maximized, and any conflicts of interest are minimized and taken out of the decision making process - whether it be legislation mandating that all test results of drugs are released to doctors and consumers, or reinvigorating the FDA with a sense of purpose for performing its oversight duties.
I remember walking around downtown Austin with George during SXSW 2 years ago, and I said something about "healthcare consumers" and the thought of that, and the fact that it so easily rolled out of my mouth as if it was a concept that had no inherent conflict, made me laugh out loud, even though it wasn't actually funny.
In fact, if one wanted to argue that capitalism is based on flawed and cruel logic, one only needs to consider the idea that healthcare is a commodity...
But that's not really what Eric talks about in the article - so go read it.
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