Well, I think Western society is doing fine. Not perfect, but fine. We would be fighting WW5 today if there were no nuclear weapons. Smog from industry was a lot worse 30-40 years ago than it is today. Yes, there are cities with bad air because of new growth in environments and climates that trap the smog, but itâs up to the people to organize and persuade their government to produce environmental incentives and regulation. It worked in a lot of states here in America, and the air is a hell of a lot cleaner all year long. If were you, I would move. I couldnât live in a smoggy area.
I am not condoning companies like Enron, and corporate corruption in general. But I think there are better ways to solve this problem than big government and the litigation industry. In the case of Vioxx, I wonder if the FDA and other governmental regulatory bodies in other countries were doing their job? If you think that companies have âbought outâ the government agencies, then I would spend the time and money and effort to make it a hot issue to the public and shake it up. It costs less for society to do this.
The government doesnât get bigger, and money is not lost to litigation. Instead, you have more people in government looking out for YOU, rather than the corporation.
As for whether or not this will destroy MRK, I donât know. The market is global, and there are a lot of countries that donât sue. Look what happened to Philip Morris.
I am not condoning companies like Enron, and corporate corruption in general. But I think there are better ways to solve this problem than big government and the litigation industry. In the case of Vioxx, I wonder if the FDA and other governmental regulatory bodies in other countries were doing their job? If you think that companies have âbought outâ the government agencies, then I would spend the time and money and effort to make it a hot issue to the public and shake it up. It costs less for society to do this.
The government doesnât get bigger, and money is not lost to litigation. Instead, you have more people in government looking out for YOU, rather than the corporation.
As for whether or not this will destroy MRK, I donât know. The market is global, and there are a lot of countries that donât sue. Look what happened to Philip Morris.
Quote from TorontoTrader2:
Just curious how society is better these days? In my city the air is so bad, most summer days we are under a smog alert, we have no room left to put our trash, the world is on the brink of WW3 or a never ending war in the middle east, much of corporate america is outsourcing to china and india (Dell, Walmart etc). Do you really think that corporations are friggen charities that only want to make our lives better? Are you that naive?
All that bad air means any kids I have have a good chance of having Asthma (will require a drug to treat) and all that stress and having to work 40-50 hours a week will make me want to take a prozac, and I will be so tired @ end of day ony a viagra will do the trick...and all the fast food I'll need a Lipitor and all this typing will make me require arthritis drugs...might as well give the kids some ritalin...I'm too lazy to properly parent them.
OR..I could eat healthy and get a bit of exercise each day!!
Well at any rate, I have not taken any kind of drug (not even an asprin) since 1999 and I do not plan to unless something major happens.
