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comment by OftenBen
OftenBen  ·  2710 days ago  ·  link  ·    ·  parent  ·  post: OxyContin goes global — “We’re only just getting started”

Purdue Pharma should be charged just like any other drug cartel responsible for the deaths of addicts.

'Opiophobia' my ass. Is it 'tobbacophobic' to be afraid of lung cancer? Is it ethanophobia to know that your family struggles with alcohol addiction?

This makes me sick to my stomach.

kleinbl00  ·  2710 days ago  ·  link  ·  

Hey, Vioxx killed half a million people.

That cost Merck about five billion dollars.

At 200,000 deaths, Purdue owes about $2b. Purdue makes about $3b a year. They've made about $35b so far.

The Sacklers could write a personal check and still have $12b.

thundara  ·  2710 days ago  ·  link  ·  

They've already paid out half a billion, so Jan 1st - March 12th.

kleinbl00  ·  2710 days ago  ·  link  ·  

These are the sorts of calculations that make one drink.

ButterflyEffect  ·  2710 days ago  ·  link  ·  

...$10,000 per death?

If I'm a financial analyst in that company...

kleinbl00  ·  2710 days ago  ·  link  ·  

...you'd point out that you could kill another three million people and still be in the black.

ButterflyEffect  ·  2709 days ago  ·  link  ·  

So, the question is should we expect companies to be ethical and moral or should regulations force them to do so? Because clearly neither are happening in this case.

OftenBen  ·  2709 days ago  ·  link  ·  

There must be financial incentives to save lives.

If saving lives becomes valuable in a dollars and cents sort of way, it will be something that CEOs will try to optimize.

kleinbl00  ·  2709 days ago  ·  link  ·  

Have you seen The Corporation? They make the point that a company must necessarily be a sociopathic apex predator in order to maximize shareholder value and only through adjusting its ecosystem to internalize the externalities will we ever be more than chum in a bucket.