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Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

mattstoller.substack.com

81–90 of 595 posts

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#81
post #42
post #37

Earlier quoted context omitted.

Queue "overpowered OTC aids destroyed my hearing" pushback...

Queue private agency testing, evaluating and rating products on the market

https://github.com/auchenberg/volkswagen

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#82
post #63

Big pharma is significantly less of a problem than the physician and hospital cartels. I have no idea why these groups have survived scrutiny for their literal multi-hundred million dollar lobbying/bribery of politicians. My closest guess is that we all know "My" physician or a well paid nurse that benefits from the bribery.

I don't see most physicians being an issue. Many of them are fed up with the insurance, pharma, and regulations. Most are forced to work for large providers instead of being independent just due to the overhead of dealing with digital record systems, legal, insurance billing, etc.

When they spent $400,000,000 on favorable monopolistic legislation it helps to aim the spotlight on anyone else.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#83

Big pharma is significantly less of a problem than the physician and hospital cartels. I have no idea why these groups have survived scrutiny for their literal multi-hundred million dollar lobbying/bribery of politicians. My closest guess is that we all know "My" physician or a well paid nurse that benefits from the bribery.

They're part of the same mafia, Pharmaceutical Research & Manufacturers of America spent $8664000 in 2021 only on lobbying. https://www.opensecrets.org/federal-lobbying/top-spenders

So much evil in 1 list.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#84
post #44

Earlier quoted context omitted.

"monopolies are able to exist because of some sort of legal authorization or protection" The entire point of patents...

> The entire point of patents... Well, if that were so, you would expect them to be secret and to never expire. The fact that are published and expire after a relatively short period belies the simplicity of that statement.

In today's world, 20 years could mean the patented object is obsolete by the time it is public domain. Having exclusive use of the technology for the duration of it's useful life expectancy seems like a monopoly to me...

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#85

No it can't. Top 10 spenders on lobbying in 2021: "Lobbying Client","Total Spent" "US Chamber of Commerce","$17590000" "Pharmaceutical Research & Manufacturers of America","$8664000" "National Assn of Realtors","$7985521" "American Medical Assn","$6520000" "American Hospital Assn","$5852623" "Blue Cross/Blue Shield","$5774300" "Raytheon Technologies","$5360000" "Amazon.com","$5060000" "Facebook Inc","$4790000" "North…

> Your government let big pharma abuse the entire society for more than a year

Explain.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#86
post #85

No it can't. Top 10 spenders on lobbying in 2021: "Lobbying Client","Total Spent" "US Chamber of Commerce","$17590000" "Pharmaceutical Research & Manufacturers of America","$8664000" "National Assn of Realtors","$7985521" "American Medical Assn","$6520000" "American Hospital Assn","$5852623" "Blue Cross/Blue Shield","$5774300" "Raytheon Technologies","$5360000" "Amazon.com","$5060000" "Facebook Inc","$4790000" "North…

> Your government let big pharma abuse the entire society for more than a year Explain.

Lockdowns are useless.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#87
post #80
post #77

Earlier quoted context omitted.

Price per pound is mostly just a standardized measure used to compare prices regardless of container size. The most common container size is a one pound jar, but 8oz jars are fairly common too. You would buy a jar and use it in tea, other drinks, on waffles, etc. You can buy larger quantities to do things like baking, making candy, making mead, etc.

I see, yeah I only ever get a the little honey bear ones lol, but the big jars at farmers markets look interesting but they're always huge and I almost never use honey

As long as they're airtight they stay good for years. Some local producers sell small jars too. I mostly sell pint jars (1.4 lbs). I will probably switch to standard 1 lb jars soon.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#89
post #63

Earlier quoted context omitted.

I don't see most physicians being an issue. Many of them are fed up with the insurance, pharma, and regulations. Most are forced to work for large providers instead of being independent just due to the overhead of dealing with digital record systems, legal, insurance billing, etc.

When they spent $400,000,000 on favorable monopolistic legislation it helps to aim the spotlight on anyone else.

What organization and legislation was that?

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#90
post #55

> hospital price transparency, Wasn't this already put in place by the previous administration?

Only for billing cost of procedures. It's still a mess. Did you know that hospitals make money by using name brand medications? They will get a contract with a brand, like Motrin, and charge you full price at $8 a pill. Then Motrin will will evaluate how much the hospital used and give them a big rebate to bring the hospital's cost down under $1 per pill. You can literally buy a bottle of ibuprofen for what they char…

I’m not sure what your point is. These contracts between seller and merchant were voluntary. There are other hospitals available should you choose, and if not then you have no one to blame but yourself.
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