Alex Gibney and Bill Moyers on "Money-Driven Medicine"
as always, bill moyers manages to burrow in to the guts of what's really happening in contemporary issues...
here's a trailer for the documentary, money-driven medicine, that was offered on bill moyers journal in shortened form...
a snippet from the documentary's producer, alex gibney...
watch it... read it... it's some truly infuriating stuff that unsurprisingly validates most everything we already know...
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here's a trailer for the documentary, money-driven medicine, that was offered on bill moyers journal in shortened form...
a snippet from the documentary's producer, alex gibney...
The fact is that, in a mixed system where private enterprise and public monies inhabit the same space, inefficiency and extravagance are profitable. Remember the military industrial complex? Private contractors make profits by charging the government for cost overruns. Defense contractors call this "cost plus." Pharma calls it "No Public Option."
Why is it that free marketeers are so afraid of competing with a government program which, in their religion, is inherently inefficient? Well who wants to compete with a public option that won't take 10-20% in overhead, lobbying costs, administration costs and profit? That's my bonus, dude. Whoops, I mean, I have a fiduciary responsibility to deliver the highest possible return to my shareholders.
watch it... read it... it's some truly infuriating stuff that unsurprisingly validates most everything we already know...
Labels: Alex Gibney, big pharma, Bill Moyers Journal, health care, Medicare, profiteers, universal health care
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