Tag: Free Market

Free in name only – » The Australian Independent Media Network

The “free market” has nothing to do with keeping prices down through competition as our Liberal politicians would have us believe.  It has nothing to do with Friedman’s idealistic vision of benefit for all. It is about maximising profit for businesses.  Maximise income, minimise costs, and avoid taxation. If there was limitless supply then perhaps…

Source: Free in name only – » The Australian Independent Media Network

What is Neo-liberalism and why knowing matters? – » The Australian Independent Media Network

I have said it before but it deserves repeating. Democracy is not failing us; it is we who fail democracy when we fail to actively engage with it. Democracy, as we practice it today, has lost its essential direction and has been usurped by a divisive creed full of vitriolic, jingoistic spin.  Over the past…

Source: What is Neo-liberalism and why knowing matters? – » The Australian Independent Media Network

CEO raises pill’s price from $US18 to $US750 overnight, calls journalist ‘moron’

‘He bought this patent and he’s milking it for all it’s worth. In a way, I thank him, because it’s really sort of like putting a sign on your back saying, ‘Kick me’.

Source: CEO raises pill’s price from $US18 to $US750 overnight, calls journalist ‘moron’

Martin Shkreli on his “altruistic” motives: “I’m a capitalist — I want to create a big drug company” – Salon.com

“There’re a lot of altruistic properties” to raising cost of treating toxoplasmosis from $1,350 to $63,000, he said VIDEO

Source: Martin Shkreli on his “altruistic” motives: “I’m a capitalist — I want to create a big drug company” – Salon.com