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Why Capitalism Will be the Death of Us

Antibiotic-resistant bacteria – the “superbugs” – if left unchecked, could result in 10 million deaths a year by 2050. New drugs to fight the superbugs are desperately needed. But a panel advising President Obama warned in September that “there isn’t a sufficiently robust pipeline of new drugs to replace the ones rendered ineffective by antibiotic resistance.”

The problem, it appears, is that “Antibiotics generally provide low returns on investment, so they are not a highly attractive area for research and development.”

Aha! “Low returns on investment”! What could be simpler to understand? Is it not a concept worth killing and dying for? Just as millions of Americans died in the 20th century so corporations could optimize profits by not protecting the public from tobacco, lead, and asbestos.

Corporations are programmed to optimize profits without regard for the society in which they operate, in much the same way that cancer cells are programmed to proliferate without regard for the health of their host.

William Blum is the author of Killing Hope: U.S. Military and CIA Interventions Since World War IIRogue State: a guide to the World’s Only Super Power . His latest book is: America’s Deadliest Export: Democracy. He can be reached at: BBlum6@aol.com

 

William Blum is the author of Killing Hope: U.S. Military and CIA Interventions Since World War IIRogue State: a guide to the World’s Only Super Power . His latest book is: America’s Deadliest Export: Democracy. He can be reached at: BBlum6@aol.com

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