You are viewing a single comment's thread from:

RE: Purdue Pharma Struggling To Clean Up The Mess

in #bigpharma6 years ago

I too am curious to hear how @doitvoluntary would articulate an answer to your question. In my opinion these corporate criminals only exist because of government. Entity’s such as the DEA and FDA allow these drug dealers to amass vast fortunes with which they can bribe, coerce, and even “eliminate” anyone who gets in the way of their multimillion dollar marketing schemes.

Posted using Partiko iOS

Sort:  

In an environment where everyone is equal under the law, large corporations would lose their special protections. They would no longer be protected by double standards. If they were sued successfully in a Rights Enforcement Agency's court or similar and chose to ignore the finding, they would lose the protection of that court in the future. There would be consequences basically for them ignoring such "private dispute resolutions." Their customers would be made aware of their decision too. Who would continue to do business with them then? Sure, it is not a perfect system, but a company's reputation would matter. Companies who abused their power would pay a price for that abuse within the market.

Except that the very first recorded monopoly was not with the help of the state/government at all, but by sheer willpower and experiment of one single individual. He managed to corner the market on olive presses and he could have ruined an entire country if he wanted to. Yes, the corporate criminals are aided by what many believe to be government, but it's no stretch of the imagination to consider that wealth can be used as a weapon and consolidate in such a way that it makes it extremely difficult to compete and very unprofitable. Hence without a system of arbitration under which even the most powerful can be vice like squeezed into we are at best at their whims. Yes, the system needs to be constantly checked and any rot swiftly removed, and without the diligence to do so it is no wonder that the system is in misuse.

Posted using Partiko Android

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.037
BTC 94943.31
ETH 3575.42
USDT 1.00
SBD 3.76