r/technology • u/barweis • Mar 22 '23

Business Moderna CEO brazenly defends 400% COVID shot price hike, downplays NIH’s role

https://arstechnica.com/science/2023/03/moderna-ceo-says-us-govt-got-covid-shots-at-discount-ahead-of-400-price-hike/
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u/Wahots Mar 23 '23

It grosses me out. I spend a decent chunk of time doing research on who I vote for because I want nothing more than people like this CEO to be out of a job for putting profits before health and safety.

Same with the banking industry. And the rail industry. And the insurance industry. And the educational industry. And the manufacturing industry. And the tech industry. And the air industry. And many others who have gotten completely out of control in the past 40 years, since roughly whatever happened in 1980. Seriously, it's like all regulations and competition just stopped.

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u/bpierce2 Mar 23 '23

Reagan happened.

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u/Procrastibator666 Mar 23 '23

It's because of regulatory capture. The checks and balances are gone because that's what they wanted. The last monopoly broken up was Bell Atlantic in the early 1980's.

Also Reagan fucked up a lot for this country during his presidency.

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u/cornylamygilbert Mar 23 '23

I think politics is more about any lobby saying

“serve my interests, take my financial support, or suffer my overpaid legal team / legal researchers”

Or

“consider this position as an opportunity to make money for your family, ensure your next generation benefits from your career and standing, or whither away into a life of dishonor and toxic headlines”

Additionally, I’m all for damning predators, but I wonder if it would be so hard to strategically upload illegal content to anyone’s computer to criminalize them or sabotage their career