When asked most people will say they are on at least one medication whether it be something over the counter or prescription. John Tirman in his book “100 Ways America Is Screwing up the World” writes about Big Pharma and how it has become both a domestic and global problem. Tirman discusses how American drug companies have a greater profit margin then most fortune 500 companies writing, “in 2004, the top nine American drug companies- this listed on Fortune 500- made median profit margin of 16 percent of revenues compared with 5.23 percent for other Fortune 500 industries” (Tirman 90). He goes on to talk more about how Big Pharma is dominating the industry, telling the reader that they are spending more on advertising than research. Tirman …show more content…
Whether the history be good or bad we can’t just forget like something never happened because what happens when something similar appears in the future, it could happen all over again! Tirman writes “Forgetting history is a national pastime of the opinion and policy elite” (Tirman 195). He goes on to talk about why America likes to forget the past; it’s because we have done something that might not look good in the public eye so it isn’t taught or talked about. A great example of the past repeating itself because we decided to not pay attention to the past is the resent Great Recession to the Great Depression. While the Great Recession was not as bad as the Great Depression one major key was the cause of both of these economic downtimes, and it was due to irresponsible lending and borrowing from banks and consumers. Could the recession been avoided, possibly if banks and people would pay more attention to the past and also be more careful when it comes to lending and borrowing. Tirman uses the American occupation in many countries as an example of us forgetting the past writing, “American-led genocide in the Philippines in the early 1900s? Never heard of it? Ethnic cleansing of indigenous peoples in what is now America? We call it Manifest Destiny” (Tirman 196). We don’t think, talk, or learn about most of these things because of how diverse America is and we don’t want to be the “bad guy” even if it leads to something similar happening again. I agree with Tirman that no matter how bad something makes us look we still need to pay attention to it because what happens when something similar comes around in the future? Do we want it to happen again? If you ask me, it shouldn’t happen again because we want to look like the good guy and forget our horrible
The utilization of prescription drugs has increased across all age groups in the US, with 50% of Americans taking at least one prescription drug (Rice & Unruh, 2016). This can be attributed to physician-induced demand, substitution of pharmaceuticals for other medical regimens, commercialization of the products, increase in the aging population and drug insurance coverage, and also the increase in chronic conditions. Lathan discusses the startling fact that the rate increase of prescription drugs purchased was considerably higher in contrast to the US population growth - 71% and 9% respectively (Rice & Unruh, 2016, p. 264).
The pharmaceutical industry is one of the most powerful and greedy industries in our country, with a goal to make as large a profit as possible, at the expense of the sick.
Ads for pharmaceutical drugs are everywhere. They are in magazines, on television and radio, on billboards, and on the little bags that you get from the pharmacist. These days it is difficult to get away from all the drug advertising. All these ads are for products that require a doctor's prescription. The goal of advertising is to increase profits. By advertising so heavily for drugs that the majority of the population does not need, pharmaceutical companies attempt to create as large a consumer base as they can. In advertising directly to the consumer, the drug companies accomplish two objectives. First, they get information directly to the consumer. Second, they promote the product and
"In the past two decades or so, health care has been commercialized as never before, and professionalism in medicine seems to be giving way to entrepreneurialism," commented Arnold S. Relman, professor of medicine and social medicine at Harvard Medical School (Wekesser 66). This statement may have a great deal of bearing on reality. The tangled knot of insurers, physicians, drug companies, and hospitals that we call our health system are not as unselfish and focused on the patients' needs as people would like to think. Pharmaceutical companies are particularly ruthless, many of them spending millions of dollars per year to convince doctors to prescribe their drugs and to convince consumers that their specific brand of drug is needed in
In 2015, the pharmaceutical industry spent over 27 billion dollars on advertising. The two greatest components of this effort were promotional advertising and free medication sampling, which the pharmaceuticals invested 15.5 and 5.7 billion dollars respectively (“Persuading the Prescribers”). Promotional advertising involves direct contact with health professionals, the most common being extravagant lunch conferences held for physicians and their staff. On the other hand, sampling involves distributing free sample of medications to physicians, who then have a choice of providing these samples to patients. As a result of these methods, the industry has seen revenue around $400 billion with 90% of physicians having a relationship with a drug company (Campbell 2007). Moreover, the prices of prescriptions continue to rise; a copay of a generic drug is $11.72, preferred brand drug is $36.37 and a specialty drug is $58.37 (Coleman and Geneson 2014). Although the profits are immense in the numbers demonstrated above, it is no surprise when pharmaceutical drug companies elevate their prices even more. For instance, recently Turing Pharmaceuticals raised the price of their medication Daraprim from $13.50 to $750. Keep in mind, this medication is used for threatening parasitic infections, aids, and cancer with alternative options currently found to be inefficient (Pollack 2015). Another example of this practice involves cycloserine, a drug used to
We in America tend to take medications for almost any problem we have, from headaches to gastrointestinal pain, to more serious chronic disorders such as depression and attention deficit disorder. While many of the uses of such medications may be necessary and legitimate, many are not, and due to this fact, many people become dependent on medications, mentally, and or physically. This problem is not simply the fault of the individual; in fact, the blame can also be placed upon the medical community, and the pharmaceutical companies who produce the drugs. How often can one turn on the television to see advertisements for Claritin, Aspirin, Pepto-Bismol, or even Zoloft or Ritalin? The pharmaceutical industry is motivated by monetary
The Mayo Clinic, a world-renowned education, research, and health facility estimates that over 70% of American rely on at least one prescription drug to treat some form of medical condition. In reality, many of these people rely on multiple prescription drugs to sustain their lives, like drugs to reduce their high blood pressure.
In his book Collapse, Jared Diamond gives you an in depth look at societies you may or may not be familiar with and shows you the secrets to their success or failure using his personal 5-point framework. I enjoyed this book and thought he made a lot of good points and had convincing evidence to back it up. While reading you could really tell he knew a lot about the areas he discussed because of the depth he went into with details and descriptions. One complaint I would have about the book is the length he went to in the detailed descriptions, at some points I felt he went too far and got a little wordy and with as much as he gave you are left with almost no questions or curiosity. There were a few terms he uses in the book like
The rise in costs of prescription medicines affects all sectors of the health care industry, including private insurers, public programs, and patients. Spending on prescription drugs continues to be an important health care concern, particularly in light of rising pharmaceutical costs, the aging population, and increased use of costly specialty drugs. In recent history, increases in prescription drug costs have outpaced other categories of health care spending, rising rapidly throughout the latter half of the 1990s and early 2000s. (Kaiseredu.org, 2012).
The Pharmaceutical industry has been in the spotlight for decades due to the fact that they have a reputation for being unethical in its marketing strategies. In The Washington Post Shannon Brownlee (2008) states, “We try never to forget that medicine is for the people. It is not for the profits. The profits follow.” This honorable statement is completely lost in today’s world of pharmaceutical marketing tactics. These tactics are often deceptive and biased. Big Pharma consistently forgets their moral purpose and focuses primarily on the almighty dollar. Big Pharma is working on restoring their reputation by reforming their ethical code of conduct.
A lot of people, particularly the patients who need them, are beginning to wonder why American drug prices are so high. It makes sense why the pharmaceutical companies are selling at the prices they do: they are a business; and they want to, above all else, make a profit. But the real question is: what are all of the
Medication is becoming a large issue not only in the United States but all over the world.
“American television viewers see as many as 16 hours of prescription drug advertisement each year,” (Frosch). Marketing done by pharmaceutical companies has been widely debated on whether it is ethical or not. The marketing done by pharmaceutical companies is unethical because of the negative effects it has on both consumers and medical professionals. The increased use of advertising by pharmaceutical companies has lead to the normalization of the use of prescription drugs.
Society expects drug companies to improve people’s well-being and to behave like a nonprofit company not overly concerned with making large profits. However, investors
George Santayana once said, “Those who cannot remember the past are condemned to repeat it.” Following this quote, I would be expected to discuss some of the terrible actions committed in our history and that if we don’t learn about these events, they are bound to be repeated in the future. Well I slightly disagree; let us repeat history. Although our nation has endured dark and shameful times, our history is also honorable and full of progress, innovation, patriotism, and triumph. The United States’ history should not be confined to the worn pages of textbooks or preached only by teachers across America. It needs to be shouted from rooftops by all citizens so that we may, yes, repeat it, again and again.