Thursday, August 25, 2016

Greed

Some CEO type has decided that she needs a whole lot of money. Her company manufactures life-saving epinephrine injectors...something people with intense allergies use on emergency basis. Now, she seems to have a problem.
She wants more money. She already makes millions, but she wants more. What to do? What to do?
 
Simple.
Raise the price of the medicine 400
or 500%.
There.
Her problem solved.
 
But wait! There's more!
 
Lots of people depend on this medicine. It has saved countless lives because it stops the affected person's throat from sealing, stopping their breathing, all sorts of other hell before they die. They used this medicine for years. It worked.
Now, it is priced out of their range. It has gone from quite expensive to outrageously expensive.
 
I sincerely doubt this person cares.
But the public uproar was loud.
Somebody threatened to take this CEO person and the  company to court to have the government order them to lower the price.
Only...there is no real law that would allow it, other then common decency, that is.
 
A couple of months ago, some swine raised the price of a particular AIDS drug about 700% or thereabouts. Public outrage embarrassed the company, but not the young snot who stood to make gazillions out of this price increase.
Heh heh, seems that there was another company manufacturing the same drug. Theirs cost very little to make and they sold it for a reasonable price.
 
He got nailed for some other crime...out on bail I believe, but still facing a trial.
Public outrage works.
 
Voting against big business' greed, voting for people who are not in anything for the money, that works, too.
 
Go for it.

2 comments:

  1. So terrible. Someone commented somewhere asking if her job was 500% harder. LOL

    ReplyDelete
  2. Yeah it must be tough dealing with one's conscience while counting all that money....

    ReplyDelete