I hate starting the day with the taste of bile in my throat and cramps in my stomach, but this article made me sick. Turing's actions and Shkreli's "justifications," represent the dark underbelly of capitalism--the willingness to do anything, charge any price, and then try to justify it by referencing the fact that it's "common market practice" or we're "in line with the rest of the industry"--as if that makes it right.
Volkswagen just did the same thing by deliberately creating an override device in the electronic system of its cars that would kick into action when the car's emissions were being tested and consequently produce fraudulent data that made the cars meet environmental regulatory standards.
Capitalism has no conscience and no inherent impulse or inclination toward self-policing or regulation. Those who argue for smaller government-- or less government regulation--are actually aiding and abetting the worst practices of American capitalism. Is it overstating the case to say that the capitalist system, irrespective of the incredible variety of life-enhancing products it has made available to the world, is inherently amoral? I think not.
A welcome to readers
As a resident of this planet for more than four fifths of a century, I have enjoyed both successes and disappointments in a wide variety of vocations, avocations, and life experiences. This blog satisfies my desire to share some thoughts and observations--trenchant and prosaic--with those who are searching for diversions which are interesting, poignant and occasionally funny. I also plan to share recommendations about good/great movies I've watched and books and articles which I've found particularly mind-opening, entertaining, instructive. In addition, I can't pass up the opportunity to reflect publicly on how I am experiencing the so-called Golden Years. Write anytime: