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#nickdearden — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #nickdearden, aggregated by home.social.

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  1. "What I discovered is that... [pharmaceutical corporations] don't, by and large, invent medicines. They behave like hedge funds. They buy the rights to produce medicines that have been made by others - with public money, or at small biotech companies - and then they squeeze the most they possibly can out of those drugs Whatever the consequences are to society... [or] how unaffordable they are."

    #NickDearden, 2024

    currentaffairs.org/2023/11/how

    #podcasts #CurrentAffairs #BigPharma #DrugPatents

  2. "What I discovered is that... [pharmaceutical corporations] don't, by and large, invent medicines. They behave like hedge funds. They buy the rights to produce medicines that have been made by others - with public money, or at small biotech companies - and then they squeeze the most they possibly can out of those drugs Whatever the consequences are to society... [or] how unaffordable they are."

    #NickDearden, 2024

    currentaffairs.org/2023/11/how

    #podcasts #CurrentAffairs #BigPharma #DrugPatents

  3. "Research from the US finds that the top 1 per cent of corporations there account for a truly astonishing 81 per cent of business sales and 97 per cent of business assets. The top 0.1 per cent alone accounts for 88 per cent of corporate assets and 66 per cent of sales. A similar trend can be seen across Europe."

    #NickDearden

    newint.org/features/2023/03/17

  4. "Research from the US finds that the top 1 per cent of corporations there account for a truly astonishing 81 per cent of business sales and 97 per cent of business assets. The top 0.1 per cent alone accounts for 88 per cent of corporate assets and 66 per cent of sales. A similar trend can be seen across Europe."

    #NickDearden

    newint.org/features/2023/03/17

  5. "It’s the food system itself that is the problem. In particular, that system is controlled by an ever smaller group of businesses. With no need to keep prices low, these corporations boost prices, while pushing down costs – screwing farmers and consumers alike. Oxfam argues at least 50 per cent of the current price rises are caused by markups charged by these massive corporations."

    #NickDearden

    newint.org/features/2023/03/17

    #farming

  6. "It’s the food system itself that is the problem. In particular, that system is controlled by an ever smaller group of businesses. With no need to keep prices low, these corporations boost prices, while pushing down costs – screwing farmers and consumers alike. Oxfam argues at least 50 per cent of the current price rises are caused by markups charged by these massive corporations."

    #NickDearden

    newint.org/features/2023/03/17

    #farming