Sen. Richard Blumenthal is seeking federal enforcement days after a ProPublica and Pittsburgh Post-Gazette investigation revealed the company kept secret more than 3,700 complaints about its breathing machines over 11 years.
It’s times like these that I wish hell was real, because the people who knew about this and did nothing definitely deserve to go there. And to anyone that thinks “free market” could have solved this:
This is what happens when you have an unregulated “free market.” The market can’t self-correct if it doesn’t have all the information, and these companies would have zero incentive to be voluntarily transparent.
Also note that this took 11 years for these journalists to document and publicize this naked Capitalism, and that’s with regulating bodies that were at least somewhat functional well before the Trump administration. Imagine if it was solely up to journalists to covertly uncover what these companies were up to.
Capitalism is what happens when you reduce human lives to expenses on a spreadsheet and consider it a “reasonable cost” of doing business.
It’s times like these that I wish hell was real, because the people who knew about this and did nothing definitely deserve to go there. And to anyone that thinks “free market” could have solved this:
This is what happens when you have an unregulated “free market.” The market can’t self-correct if it doesn’t have all the information, and these companies would have zero incentive to be voluntarily transparent.
Also note that this took 11 years for these journalists to document and publicize this naked Capitalism, and that’s with regulating bodies that were at least somewhat functional well before the Trump administration. Imagine if it was solely up to journalists to covertly uncover what these companies were up to.
Capitalism is what happens when you reduce human lives to expenses on a spreadsheet and consider it a “reasonable cost” of doing business.
Capitalism is what makes people accept others placing them on a spreadsheet.