Price-Gouging Pharma Bro Under Investigation For Corporate Looting, Fraud, Stalking

Sep 22, 2015 15:16


So first, some backstory.  There's this guy who used to run a hedge-fund who then purchased a pharmaceutical company which had just acquired the rights to a drug that wasn't used by very many people but those people were pretty damn sick. The previous company had changed its distribution setup so that distribution was very strictly controlled and you could only get this drug through this one path. OK, that happens sometimes, but if anything happens to that path or your specific case is outside of that path, you're pretty screwed. So this douchenozzle bought this company that had this drug and he promptly raised the price from $13.50 a pill to a whopping $750 per pill. You read that right; I did not drop a decimal point.

The internet exploded in outrage about price gouging and the lack of ethics in Big Pharma. And by "internet", I don't mean just those wacko Naturalistic Fallacy conspiracists who think "Big Pharma" is a single evil entity out to kill us all. I mean even rational, science-based people who support science and science-based medicine but who are willing and able to call out the actual flaws in the system when found. So I posted about that on Facebook, but I didn't bother to make an archived LiveJournal post about it. It was just sarcasm about the greed endemic to corporate America. That's also not a conspiracy story - capitalism and corporations are specifically designed to support greed, not the public good. Individual people aren't evil cardboard cutouts of power-hungry villains, but the system is not conscious and doesn't have human values like compassion. It takes actual people working against the system to keep the humanity in corporations. But I digress.

Shortly after I and many other people ranted about this jerkoff, I read an article that basically said "yeah, what he did was despicable but it's only going to affect people with enough money for fancy insurance policies anyway, so whatevs".

What we are all outraged about is not the number of people this will effect. It's the sociopathy and greed that a plan like this reveals. And when you give sociopaths power, they use it. Sociopaths and abusers, on a personal level, test boundaries. They check to see where they can get away with pushing in *just a little bit*. If you're somewhat flexible on some of your boundaries, probably because you're mostly a reasonable person who can make exceptions and can see an exchange of discomfort with another person who is operating with you on good faith as a net positive thing, then you might be willing to bend just a bit on this one thing that is less important than these other things. Because we often have to get burned before we can tell that someone is *not* operating on good faith - that's *how* we know that they're not, by the way they fuck us over.

And then the abuser pushes just a tiny bit more, which seems reasonable. And then he pushes just a skosh more, which might not quite seem reasonable but you've already bent this far, so not bending more kinda seems more unreasonable because it might feel hypocritical. And eventually, those series of tiny pushes and tiny compromises have you both so far inside of your boundaries that he entrenches himself and you can't get him out.

Now take that on a global scale. CEOs, by the very nature of their jobs (or maybe their jobs don't consider human impact because it's people who lack empathy who are attracted to the position?), tend to be more sociopathic and less empathetic than the average person. They push the boundaries to see what they can get away with. And then we let them because they rationalize it as "it's only going to affect this small number of people, and you don't really care about *those* people, do you?" or "but it's necessary for this particular outcome, and you want to help this outcome, don't you?"

The fact that this particular action will only harm a small number of people that we can justify hurting as "they can afford it" is exactly what makes this action so despicable. It's boundary pushing. He's seeing what he can get away with. And our fucked up medical / legal system provides enough loopholes for him to slide through.

Yes, I do sometimes take the stance that the rich can afford to pay more taxes so they should for the betterment of the rest of the country. I have done a risk-to-benefit ratio and decided that having one fewer yacht so that starving children can have one extra meal that they didn't "earn" is worth it. I do not think that the 1000 middle class people who won't qualify for the price-gouging safety regulations but still need that drug are an acceptable trade-off for making this guy even richer.

In this case, it's not the numbers of people who will be affected that makes this story so appalling. It's the inhumanity of the individual making the decisions that does. Patterns are important. This case is symptomatic of a pattern. And those of us who were horrified by the case saw that pattern. That's why it was such a big deal.

poverty, skepticism, science, rants, freedom/politics

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