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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce.
That's a 10,000%+ markup. Shameful.
Wait, is “head of huge business is primarily concerned with profits, not with public well-being” a conspiracy theory or standard operating practice under capitalism?
It’s an oversimplified way to describe an operating practice under capitalism. Every publicly traded company is required to deliver the most profit to their shareholders, and they can get sued if shareholders don’t think the company is doing that. However, there are multiple philosophies on how to get the most profit, so the evilness of a company is on a spectrum.
Private companies are also beholden to their shareholders, but not exclusively for profit. Some may want to make huge sums of money by any means necessary. Others might want to invest in sustainable and ethical companies. Others might not care about profit at all.
Wait, is “head of huge business is primarily concerned with profits, not with public well-being” a conspiracy theory or standard operating practice under capitalism?
It’s an oversimplified way to describe an operating practice under capitalism. Every publicly traded company is required to deliver the most profit to their shareholders, and they can get sued if shareholders don’t think the company is doing that. However, there are multiple philosophies on how to get the most profit, so the evilness of a company is on a spectrum.
Private companies are also beholden to their shareholders, but not exclusively for profit. Some may want to make huge sums of money by any means necessary. Others might want to invest in sustainable and ethical companies. Others might not care about profit at all.
Standard practice. Suggesting the vaccine will give you the disease is conspiracy theory.
Good job I didn’t suggest that anywhere then.
Then what exactly are you suggesting