Capitalism responds to the crisis

[Biff_Poindexter]

Assuming the unverified story is true, its a flaw of human nature not capitalism

Humans are why theories are just that but how is this not an example of "supply and demand"?

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

And in the case of Purdue -- getting caught is just the cost of doing business -- just the write the government a check and move on....that'll really put those corporate tyrants in check......oh wait!

We got another one....

Criminal Prosecution Exposure In Boeing Investigation May Come To Light With Expert Report

 

[hjmick]

Well, given that the source of the story is a CEO of a hospital in Georgia, I would have to think there is some sort of price gouging during times of emergency that could be applied and lead to the prosecution of the supplier...

 

[Mac-7]

Assuming the unverified story is true, its a flaw of human nature not capitalism

Humans are why theories are just that but how is this not an example of "supply and demand"?

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

 

[Mac-7]

Humans are why theories are just that but how is this not an example of "supply and demand"?

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

And in the case of Purdue -- getting caught is just the cost of doing business -- just the write the government a check and move on....that'll really put those corporate tyrants in check......oh wait!

We got another one....

Criminal Prosecution Exposure In Boeing Investigation May Come To Light With Expert Report

You continue to confuse human nature with an indictment of the entire private sector

socialism does not correct the flaws of human beings

 

[Corazon]

Things like that to me are more human greed than capitalism or any other system of beliefs

 

[pknopp]

Humans are why theories are just that but how is this not an example of "supply and demand"?

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

 

[pknopp]

Things like that to me are more human greed than capitalism or any other system of beliefs

Capitalism puts no restrictions on human greed does it?

 

[pknopp]

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

And in the case of Purdue -- getting caught is just the cost of doing business -- just the write the government a check and move on....that'll really put those corporate tyrants in check......oh wait!

We got another one....

Criminal Prosecution Exposure In Boeing Investigation May Come To Light With Expert Report

You continue to confuse human nature with an indictment of the entire private sector

socialism does not correct the flaws of human beings

It doesn't. It puts restrictions on those flaws.

 

[Corazon]

Things like that to me are more human greed than capitalism or any other system of beliefs

Capitalism puts no restrictions on human greed does it?

Unregulated capitalism puts no restriction on human greed.
But with some wise limitations capitalism can work pretty good (let's be clear about that: I'm not saying "capitalism is perfect" because nothing is perfect)

 

[pknopp]

Things like that to me are more human greed than capitalism or any other system of beliefs

Capitalism puts no restrictions on human greed does it?

Unregulated capitalism puts no restriction on human greed.
But with some wise limitations capitalism can work pretty good (let's be clear about that: I'm not saying "capitalism is perfect" because nothing is perfect)

But the "Capitalists" complain when we restrain their greed. They call it "socialism" or "communism" or "facism".

Trump brags about rescinding regulations and they cheer. Until things start happening they don't want to defend.

Capitalism says that if you have an item that sells for 53 cents and the demand goes up, charge $7.00.

 

[Mac-7]

It may be another example of fake news by the marxist news media

I cant comment more until we know for sure that it did happen as claimed

after that lets hear the other side of the story before condemning to entire capitalist system

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

 

[pknopp]

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

It isn't going to lure new producers because this is temporary. But as you note, what is happening is capitalism despite your attempt to deflect.

 

[Biff_Poindexter]

We've had many examples.

Purdue Pharma offers $10-12B to settle 2,000+ opioid lawsuits

An example of no concern for anything but unmitigated greed. But that is capitalism, right?

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

Difference is.....we are talking about hospitals -- not some widget manufacturer paying for overpriced nuts and bolts -- we are talking about items that are used to save lives......

Just because it is something you can do, doesn't mean you should do......

In the case of Boeing -- they refused to do something because they felt maximizing profit was more important -- and hundreds and hundreds of people lost their lives.....

And since we have this habit of worshiping corporations --- it is most likely not a single person who made this decision at Boeing will face any jail time.....

But if a single mother lies on her foodstamp application so she can get $100 extra dollars in food stamps -- we gleefully demand for her to be locked up in prison and that all foodstamps now should be cut

 

[Mac-7]

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

It isn't going to lure new producers because this is temporary. But as you note, what is happening is capitalism despite your attempt to deflect.

So you think the mask shortage will never be filled and the only solution is for government to dictate the price of masks?

I know better than that

 

[Corazon]

Things like that to me are more human greed than capitalism or any other system of beliefs

Capitalism puts no restrictions on human greed does it?

Unregulated capitalism puts no restriction on human greed.
But with some wise limitations capitalism can work pretty good (let's be clear about that: I'm not saying "capitalism is perfect" because nothing is perfect)

But the "Capitalists" complain when we restrain their greed. They call it "socialism" or "communism" or "facism".

Trump brags about rescinding regulations and they cheer. Until things start happening they don't want to defend.

Capitalism says that if you have an item that sells for 53 cents and the demand goes up, charge $7.00.

Of course they complain lol! If somebody is rich they want to richer
Joking apart some capitalists have a different point of view: a few months ago I've read something written by a rich man ( I remember he was a Rockfeller but I don't recall his first name...I don't believe he was David Rockfeller) and he said that some limitations of the free market can be good for everybody

 

[pknopp]

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

It isn't going to lure new producers because this is temporary. But as you note, what is happening is capitalism despite your attempt to deflect.

So you think the mask shortage will never be filled and the only solution is for government to dictate the price of masks?

I know better than that

It's an example of why we need regulation on capitalism. Just as the examples of the pharmaceutical companies do. I could point to DuPont poisoning the water supply as another example. Boeing was already pointed out. The list is long.

 

[Papageorgio]

Face mask supplier 'charging hospitals $7 for 58-cent masks' as coronavirus crisis escalates

$7 for a 58 cent mask.!! Are there no laws protecting the public from this sort of abuse ?

So at least one supplier, that remains anonymous is charging $7 per mask. No name of the supplier, so we don’t know that. Did the reporter verify anything? This story may or may not be true, we don’t know because a sloppy, lazy reporter did not do their job and did dig into the details, they just ran on emotion.

This is why misinformation is running rampant, lazy journalists.

The Independent should be ashamed of this story and until more details were verified, they should of held back the story. It is just more emotional fear mongering and sensational based journalism.

We need facts, shame the company and name them, verify the facts, did the journalist even look at an invoice? Did he call the supplier? Did he even ask who the supplier was?

We have no idea since the reporter Chris Riotta is short on details and strong on emotional and sensational journalism.

Journalists are supposed to be responsible and ask lots of questions and dig into the information given, verify and fact check.

 

[Gdjjr]

To the OT- we use a keynesian (you know that British subject who devised a top down plan for your monarchy) infused with "socialist" controlled markets from a central bank who lend fed reserve notes based on certain standards which are justified with tax brackets where every dept in a business, regardless of the industry, is considered a profit center- that mask was only 58 cents due to buying power and resold at 7 bucks (less buying power) because it had more than one dept to pay wages to to get it to the end user- of 1 vs 100's or 1000's-
Every industry has lobbyist, you know, those guys who pay legislators to get "tax" breaks- thus we have a Crony capitalist tax system maligned by the knowingly ignorant as capitalism so the ignorant will tout socialism (I'm sure Venezuela will be glad to offer pointers on how to make it successful) and lead ignorant political message board posters to *feel* like they're something they ain't- ahead of the curve- where in a capitalist, free market economy ANYONE can participate not just the Crony's-

You economic idiots should think for yourselves and stop listening to the media who, btw, is no more on your side than the beloved (or reviled depending on perspective) gov't of ANY country.

 

[Mac-7]

Thats a typical low quality lib news story

how did the company misrepresent its product?

So it never happened?

Deposition: Sackler embraced plan to conceal OxyContin’s strength - STAT

He is on record right up until the lawsuits claiming that opioids weren't addictive.

But greed is good, right?

In never-before-seen video, Richard Sackler defends Purdue - STAT

Not that you will listen to the testimony.

I will listen to facts

but not blatant anti capitalist rants

one drug company crossed the line not the entire drug industry of the capitalist system

Crossed the line? Where is this line? This is capitalism without any regulations on it, is it not? You avoided the question earlier. Capitalism is supply and demand, right? You have something many want, so you raise the prices. All perfectly in line with capitalism, right?

Pharmaceutical Company Mylan To Pay $30 Million Over EpiPen Scandal | Investor's Business Daily

Of course capitalism has lines and regulations

Thanks for reminding me about supply and demand

as the article pointed out the hospital will pay $7 if that is the price

they dont want to but they can and will

which will lure new producers onto the market and create new supplies

soon the price will be down to .58 cents or even lower

because over production will drive the price of unsold masks below the break even point

Difference is.....we are talking about hospitals -- not some widget manufacturer paying for overpriced nuts and bolts -- we are talking about items that are used to save lives......

Just because it is something you can do, doesn't mean you should do......

In the case of Boeing -- they refused to do something because they felt maximizing profit was more important -- and hundreds and hundreds of people lost their lives.....

And since we have this habit of worshiping corporations --- it is most likely not a single person who made this decision at Boeing will face any jail time.....

But if a single mother lies on her foodstamp application so she can get $100 extra dollars in food stamps -- we gleefully demand for her to be locked up in prison and that all foodstamps now should be cut

Boeing is an enormous organization with a few bad people in key positions

But the alternative soviet style production method proved to be even worse

 

[pknopp]

Face mask supplier 'charging hospitals $7 for 58-cent masks' as coronavirus crisis escalates

$7 for a 58 cent mask.!! Are there no laws protecting the public from this sort of abuse ?

So at least one supplier, that remains anonymous is charging $7 per mask. No name of the supplier, so we don’t know that. Did the reporter verify anything? This story may or may not be true, we don’t know because a sloppy, lazy reporter did not do their job and did dig into the details, they just ran on emotion.

This is why misinformation is running rampant, lazy journalists.

The Independent should be ashamed of this story and until more details were verified, they should of held back the story. It is just more emotional fear mongering and sensational based journalism.

We need facts, shame the company and name them, verify the facts, did the journalist even look at an invoice? Did he call the supplier? Did he even ask who the supplier was?

We have no idea since the reporter Chris Riotta is short on details and strong on emotional and sensational journalism.

Journalists are supposed to be responsible and ask lots of questions and dig into the information given, verify and fact check.

If you support free market capitalism why would you condemn them?

And maybe the example isn't true, I posted others that are.