A wide-ranging and illuminating lecture by Michael Parenti on the foundational myths underlying American “democracy” and its claims to exceptionalism.
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This piece is authored by Chris Morris, writing for CNBC, a sort of WSJ online, and therefore there’s not much editorial room to castigate Big Pharma as it deserves, but even Morris manages to say this at the very outset: “As outrageous as the cost of health care can be in the United States, it’s nothing compared to the markup on some prescription medicines. While companies certainly have to recoup their research and development costs and earn a profit for investors — and the exclusive window before a generic version of a drug goes on sale is the optimal time to do so — those prices can sometimes get out of hand.”
Which, again, is putting it very very mildly.
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This article was first posted on 17 July 2010. Editor’s Note: The whole image…
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ABOVE IMAGE: ALEX CAREY Reviewed by Alex McCutcheon in Green Left Weekly Taking the…