“[while] we recognize the imperative need for this development…We must not fail to comprehend its grave implications we must guard against the acquisition of unwarranted influence…The potential for the disastrous rise of misplaced power exists and will persist.”
Big pharm is the worst. The fact that we allow prescription drugs advertised on TV is shameful. One of those “great” new drugs nearly killed my father. He spent 4 weeks in the hospital from it.
Big Pharma spends huge amounts on ad revenue, much of it for news programming. There are also ownership connections. No wonder the media do their best to kill low-cost generic alternatives that threaten Big Pharma profits.
Eisenhower warned about the military/industrial complex but anytime anyone mentions we should rein in military spending they’re called weak and un-American.
But if there’s social spending we have to act NOW to stop the “big complexes” from overly influencing policy
Before the great society the DOD budget was the largest and logical target for profiteering. But with the great society, medicare and medicaid, suddenly healthcare is now a giant government program and influence center.