You
probably know about Mr. Shkreli. He is the 32-year-old Wunderkind and hedge
fund manager who cornered the market on Daraprim, a medication that among other uses, is a treatment for
AIDS patients with toxoplasmosis. His pharmaceutical
company became the world supplier for
Daraprim, and raised the medication to
$750 a pill, triggering worldwide outrage and a series of sarcastic op Ed
pieces. These pieces all ran along the lines of ” Now that he needs a lawyer,
let's charge him $ 10,000 an hour for legal help.”
Ah
Gail Collins, you cut up, you.
Why the anger? Could it have stemmed from the Uber self-indulgent you tube
videos of him in his Manhattan apartment, blathering on about life as seen
through the eyes of a drunk 32 year old Plutocrat?
Is
our scorn based on the concept of cornering
the market in a precious commodity?
American
history is filled with those who have done so with varying degrees of
success and/or fame. Jay Gould cornered the gold market a century
ago. The Hunt brothers did the
same in the 1970s in the silver market.
In
any event, we glorify those scoundrels
who have the knowledge and intestinal fortitude to corner commodity markets.
From Ohio Mister Thorne
Calls me up from night 'til morn,
Mister Thorne once cornered corn and that ain't
hay.
Aha!
But I'm always true to you, darlin', in my
fashion,
Yes, I'm always true to you, darlin', in my
way.
--Kiss me
Kate ( as if you didn’t know)
I’m terrified when scarce drugs suddenly
become unavailable for obvious
reasons. I occasionally lose my bottle of
Rapamune, a GVHD suppression
drug, and I have a buy a few to
tide me over. They’re $50 a pill because only one company makes then…
well, they’ve gone generic,
so Sirolimus is somewhat
cheaper. I understand the terror
of develping toxoplasmosis, an insidious
parasite that grows in the
brains of the immunocompromised. Daraprim
is the accepted treatment and now unavailable
Fortunately, as is almost always the case, substitutes exist, so when I develop toxoplasmosis from
cleaning the cat litter, I can
probably get by with Bactrim.
Mr.
S isn’t alone charging outrageous fees for medications. Amoxicillin costs 2.5
cents a pill to make. CVS sells 20 Amoxicillin for $ 48.50,
or about 2.40 a pill, a
mark up of 1000%. Daraprim sold for
17 dollars before Mr. S bought the company he charged $750 a pill,
about 1/ 2 of the CVS mark up. I don’t
see any of us protesting CVS, although we should for so,so many reasons.
But
this case deeply troubles me because I feel we ( that is me, and you, dear reader, who I hope has a
soul, a sense of justice and right versus wrong) are partially responsible for this sad situation.
First
off, Amorality doesn’t evolve in a vacuum. No one sat Martin
down as a child and said,
“Martin
dear, just because something is LEGAL doesn’t mean it is MORAL and you should do this. “
Did
the guy ever go to church or Synagogue? (I’m afraid to look up which) Didn’t his parents ever read little Martin he teachings of Robert Fulgrum whose cliché ridden “What I leaned in kindergarten” should be taught at Business schools across the country because his preaching, although treacley, is sound.
I
believe Baruch College ,where Mr. Shkreli leaned his moral compass, should have told him:
1. Share everything.
2. Play fair.
3. Don't hit people.
4. Put things back where you found them.
5. CLEAN UP YOUR OWN MESS.
6. Don't take things that aren't yours.
7. Say you're SORRY when you HURT
somebody.
And
then Mr. Trump hits the national
stage. He is a creation of the times in which we live. He is a hero to multitudes even though he is the sort of person the devil assigns to you in the next world to pay for a life of greed, selfishness and close-mindedness.
Trump is an idol, even though
his high rise on central park
south (Legally) blocks out the light for several buildings that once fronted the park. This wasn’t so bad, I guess until
Mr. T hung a sign that said “ Go Fuck
yourself , don’t you wish you lived here?” ( I paraphrase, but that’s really
what it said) and made sure it faced the blotted -out building behind his. The
man has infringed on more air
rights than a Sicilian at a cocktail party ( is this racist? They
tend to be close talkers, as a people.)
The second reason we have to give Mr. Shkreli a pass is that he was doing what he was trained
to do : Find a vulnerable market and exploit it. I suspect all first year Harvard Business school students
are taught a course titled “ Exploring and capitalizing
under -utilized markets” but should probably be called ,“screwing the poor and ill for fun and profit ”
The metaphorical
blood is on our hypothetical hands because we have allowed big business to control our health care
system
Properly done, heath care is a money-losing
proposition. Hartford Hospital (
losing 30 million this year) has a full trauma operating room running
24 hours a day. If your car is T
boned on Interstate 91 at 3 AM, rest assured a capable
vascular surgeon will be available to sew you up. An OR costs about 2,000 dollars an hour to run even if
no surgery actually done, and
someone have to pay that bill.
We
are at fault because we haven’t demanded a single payer system for health care for everyone . The thought of veterans dying
in the snow because they didn’t have health care is so repugnant to us that we
have built an entire VA system that insures this won’t happen. If you served your country we won’t let you die in some hospital parking lot after being T Boned on the Highway. We wont let a veteran
die of Toxoplasmosis either, for
that matter, if we can help it.
This
whole sorry Shkreli affair could
not happen outside the US, where the government tightly controls health
care.
If Britain needs more Daraprim, they’ll pay someone to make more. The Republican
Party, home of Mr. T, insists people take responsibility for their
own healthcare. Everyone has a duty to make sure he or she is covered ,or
suffer the consequences It’s all
fun and games until a non veteran lacking health insurance gets T Boned on Interstate 91 at 3
AM and is brought to Hartford hospital.
“You
don’t have insurance? You’re not a
Veteran? Hm,.. you better go bleed to death in the parking lot.”
That’s not going to happen.
So much of what’s wrong in this
country is a result of our own inability to protest evil when we see it. I think
of the late great Phil Ochs’ “A small circle of friends”
Oh,
look outside the window
There's
a woman being grabbed
They've
dragged her to the bushes
And now
she's being stabbed
Maybe
we should call the cops
And try
to stop the pain
But
Monopoly is so much fun
I'd
hate to blow the game
And I'm
sure
It
wouldn't interest anybody
Outside
of a small circle of friends
Ridin'
down the highway
I don’t
have to add that Phil killed
himself a few years back.
What about those poor German civilians who watched in horror as the Russian army invaded Berlin? What about the atrocities visited upon the women ( as
another aside read “All the light we cannot see” for a horrific depiction of that small holocaust)
The
German civilians must have cried out as the Russians tortured them
at the end of World War II, “Its not us! Hitler wasn’t our idea! We are
innocent.”
What’s our excuse for watching so much brutality and cruelty evolve in our country?
Why don’t we protest the gun lobby and the private health care industry? Why don’t we really, really
care when AIDS patients can’t
afford their medication? We don’t care until tragedy befalls us. Jim Brady didn’t give a whit about gun control,
until John Hinckley tried to blow his head off. Too little too late, Jim?
I fear my life is spent
No one is innocent
--urinetown ( it’s on i tunes, , I
guess)
Martin Shkreli sprang
from our loins. He capitalized on a weakness in the system, exploited the poor and ill in a way
that should make his business professors proud and the rest of us a little unnerved
You taught me to talk
And the benefit is
I know how to curse
---Calliban from the Tempest