Quote of the Day | 0930

The company claimed to have broken no law. That is precisely the problem. Our societies are being destroyed by this legal corruption. University professors are in cahoots with pharmaceutical companies that think nothing of charging hundreds of thousands of dollars for life and death products that cost them hundreds. And economists who cannot see past markets support such nonsense. Are they thinking at all? Some markets! This is actually the exploitation of monopolies called patents whose prices are not being regulated. And these are not just any old monopolies: people have to die for want of these products, for the sake of obscene profiteering. What kind of a society tolerates this?

Henry Mintzberg, ‘VW: The syndrome behind the scandal’

[x]#12028 fan woensdag 30 september 2015 @ 09:06:36