90 likes | 227 Views
Capitalism Crushing Care. The Effects of Capitalism on Drug Development. Capitalism. Private or corporate ownership Investments determine by private decision Competition decides distribution of goods, prices, and production Maximized benefit to society. Perfectly competitive market.
E N D
Capitalism Crushing Care The Effects of Capitalism on Drug Development
Capitalism • Private or corporate ownership • Investments determine by private decision • Competition decides distribution of goods, prices, and production • Maximized benefit to society Perfectly competitive market
Producer Firm 1
Competition • Capitalism inspires competition • Drives down prices • High quality • Ever-evolving technology
Reality • Capitalism creates gaps in economic classes • Not everyone benefits
Neglected Tropical Diseases • Many can be cured by Western medicine • However, many companies deem the risk of return to be too great. • Therefore, no medication.
What they don’t want you to see… Leprosy Podoconiosis, advanced stage