I think the real crisis is that everyday people can't get pain relief cuz some junkies OD'ed.
Wtf? We live in the dumbest possible universe of all possible universes.
McKinsey and Company to pay $650M for role in opioid crisis
151–160 of 324 posts
Re: McKinsey and Company to pay $650M for role in opioid crisis
#152A little unrelated to this whole thing, which does hit me a bit personally since my cousin back in Iowa died of opioid-related dependency issues, but I have interviewed a lot of consultants over the years for various roles and they are without question the most consistently bad interviews. It's funny, when I was in business school years ago (please forgive me) getting a job at McKinsey or BCG was more or less the crème de la crème of post-MBA gigs. Now, when I interview these people it's so transparent that yeah they're very smart, but they literally know nothing. They've spent years cycling in and out of "client engagements", so they can give you a 30k foot view of what's going on, on a dozen different things, but when you try to dig into the details there's not a lot there.
I'm probably casting a wide net since my sample size is large, and I'm sure there are great consultants at these places who have spent more than a few months on something, and could do good work in tech or hardware. But so far for me it's something like 1/70.
Maybe I'm just that asshole interviewer.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#153A little unrelated to this whole thing, which does hit me a bit personally since my cousin back in Iowa died of opioid-related dependency issues, but I have interviewed a lot of consultants over the years for various roles and they are without question the most consistently bad interviews. It's funny, when I was in business school years ago (please forgive me) getting a job at McKinsey or BCG was more or less the crè…
I'm so proud of my decision making when I was younger to avoid this path though it was considered an elite path
Re: McKinsey and Company to pay $650M for role in opioid crisis
#154Earlier quoted context omitted.
> A slap on the wrist. After a half million Americans have died from a crisis they helped kickstart, they should be facing criminal charges and jail time. I keep reading people who say, over and over again, that the war on drugs is a failure and that it's a mistake to try criminally prosecute suppliers and send them to prison. People will always find a way to get the drugs if they want them, we're told. But then I se…
The shady business practices of McKinsey and Purdue are responsible for getting a lot of people dependent on opioids, but the overdose deaths skyrocketed once doctors were forced to cut patients off of their prescriptions and into the fentanyl-ridden black market due to pressure from DEA. Drug War propaganda has convinced us that addiction is as bad as death, but personally, I would rather live a long, happy and prod…
> rather live a long, happy and productive life dependent on cheap, legal opioids
That’s BS. OxyContin addicts tend to experience withdrawal symptoms before the recommended 12 hours is up, they also develop tolerance, so they end up requiring larger and larger dosage with increasing frequency. You’re not going to sustainably live a long, happy and productive life even if you have a cheap, steady, relatively clean supply of it.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#155Earlier quoted context omitted.
Its complex cause you cant really find one person to blame. What no one really says is we are struggling with complexity overload. And what complicates it is all the people's wealth and status accumulation falsely signals control. When they really have less and less control the more complex the system gets. When you look at pentagon leaders and afg/iraq or Wall St CEOs and 2008 gfc or the Pope and the peado army or l…
Sure, attempting to find one or a handful of bad actors to blame may not yield a sufficient result that could convince the public that justice was served appropriately. Yet, the complexity of how to blame should not absolve the crime. How should society collectively administer punishment to a large complex network of individuals with varying degrees of power and involvement? Reparations and the Nuremberg Trials / Tok…
Well there is the Chinese and Russian example. The power just gets misused and creates it own issues.
People want simple and quick solutions. And they dont like answers they dont want to hear. Specifically about what behavior is rewarded and incentivized. As Veblen pointed out a hundred years ago, the flaw with Marx is not that there are exploiters and the exploited, its that there is the Leisure class and everyone else who given a choice wants that lifestyle.
The entire media and edu system promote consumption, wealth and status accumulation 24x7. When you are constantly hit with these signals punishing a few people here and there is just for show.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#156Re: McKinsey and Company to pay $650M for role in opioid crisis
#157Earlier quoted context omitted.
That's more than I would have thought. What generates that? How much of it is consulting?
It's almost certainly almost all fees charged to clients for consulting projects. Let's assume 2,000 working hours per year, 80% utilization at $150/hr, and 40,000 employees (worldwide) — that's $9.6B.
What companies use consultants and how? In all my years, I have never seen a consultant or a need for one, so I have a tough time understanding how they make any money, much less a lot of it.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#158Re: McKinsey and Company to pay $650M for role in opioid crisis
#159McKinsey makes something like 10 billion annually in revenue. This is a slap on the wrist. People need to be held accountable for these misdeeds.
The world needs to adopt some sort of a punitive equivalence principle. Humanity overall has made a lot of progress towards enshrining human rights, but a lack of punitive equivalence is a gaping hole in the right to equality before law. How are two people treated equally if they face different punitive effects for the same act?
Re: McKinsey and Company to pay $650M for role in opioid crisis
#160What is this construct where someone can just pay money to avoid personal accountability for crimes?
The money is literally the accountability here. You could have other forms of accountability sure: freedom, life, and so on. For several reasons, we have settled on money as the preferred form unless the responsible party has a good chance of harming others in future.
This is stupid because the marginal value of money is nothing when you have enough. So it's simply a get out of jail ticket we give to part of the society. The worst part IMHO.