How misguided corporations law leads to totalitarianism
A logical proof about how we ended up in this mess
Pharmaceutical companies have a fiduciary duty to their shareholders to maximize profits.
By law, company directors and executives can and should be removed from their positions if they fail to maximize profits.
No one disputes this. This is true for all corporations but in the case of the pharmaceutical industry it leads to the death of nations.
Curing disease is not profitable.
Treating chronic disease is where all of the money is to be made.
Causing chronic disease increases profits further.
Therefore, by law, pharmaceutical companies are in the business of treating and causing chronic disease, not curing disease.
By definition and by statute, the interests of the pharmaceutical industry are IN CONFLICT WITH my interests as a human being.
Thatโs bad enough. What makes our current era even more grotesque is that this monstrous state of affairs can only persist so long as voters do not question it.
So Pharma buys politicians, regulators, academics, and the media and floods the public square 24/7/365 with the message that anyone who points out this conflict between the interests of Pharma and the interests of citizens is by definition crazy and dangerous.
The reason our society appears so schizophrenic right now is that it has become a requirement of citizenship to pretend that the interests of Pharma are synonymous with the interests of citizens โ when they so clearly are not.
Most people just want to fit in, so they go along with this madness because they fear ostracism more than they fear cognitive dissonance (and the dissonance soon fades as people come to love Big Pharma).
So bad corporations law creates a slippery slope that leads to totalitarianism. This is what happened in the U.S. and this is the world that we live in now.
The revolution that we seek must treat pharmaceutical companies differently than any other industry. I do not mean to imply that this entire industry should be not-for-profit โ I know from experience that non-profits have their own weird pathologies (and tendency to go fascist). What I am saying is that we have to entirely rethink how these companies operate and realize that without checks and balances this one industry inevitably will try to enslave the world.
Blessings to the warriors. ๐
Prayers for everyone fighting to stop the iatrogenocide. ๐
Huzzah for everyone building the parallel society our hearts know is possible. โ
In the comments, please let me know whatโs on your mind.
As always, I welcome any corrections.
Love the data nerds! They think logically:
1- Given that Pharma has a fiduciary responsibility to increase profits, corporate decision making is based on these facts:
a. Treating chronic disease is very profitable (repeat business)
b. Curing disease is not highly profitable (short term)
c. Causing chronic disease is financially lucrative (creating a dependable market)
2- Therefore, the interests of the pharmaceutical companies are in conflict with the interests of both individuals and humanity.
Very well said and concisely too. Agree with all of it. I reviewed the book Woke, Inc in one of my Substack Search For Truth articles, Woke Capitalism, which details how corporate law and trends are influencing social values and politics. Interesting the author, Vivek Ramaswamy, this week announced he plans to run for US president.