7 Ways Capitalism Kills... and May Be About to Get Deadlier
January 17th, 2017
Guest writer for Wake Up World
We’ve seen what damage capitalism can do, but it’s possible we ain’t seen nothing yet.
In each of the following areas of our lives, capitalism has been a deadly force in the past. Now, prospects for the future seem even worse as President-elect Donald Trump’s cabinet picks take shape…
1. Medications
How capitalism kills: In 1996 Purdue Pharma began marketing its painkiller OxyContin with a promotional campaign unlike any other seen before. As noted in the American Journal of Public Health, “the high availability of OxyContin correlated with increased abuse, diversion, and addiction, and by 2004 OxyContin had become a leading drug of abuse in the United States.”
About 75% of heroin addicts used prescription opioids before turning to heroin. Deaths related to heroin have more than tripled since 2010, and a dramatic surge in overdoses has occurred among children. Opioid use is also triggering a rise in hepatitis C, which kills 19,000 people every year, most of whom can’t get treatment because the drug manufacturer Gilead Sciences charges $84,000 for pills that cost less than $300 to produce. In Kentucky in 2016, for every 100 people with hepatitis C, only three were able to receive treatment.
Why it’s about to get worse: One of Donald Trump’s candidates for the position of FDA chief is staunch libertarian Jim O’Neill, who said about drugs: “Let’s prove efficacy after they’ve been legalized.”
Recommended reading by Paul Buchheit:
- Overwhelming Evidence that a ‘Guaranteed Basic Income’ Will Work
- The Real Terrorists: The 0.01%
- 5 Signs of a Dying Society
- Why Do So Many Americans Defend the Failed Capitalist Experiment?
- Five Great American Hypocrisies
- Capitalism at Its Worst: 5 Deadly Sins of Big Pharma
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