Big Pharma and traditional capitalism to the rescue
Print this article The prospective impact of the Pfizer and Moderna COVID-19 vaccines on public and economic health is virtually incalculable. But the fact that two private pharmaceutical firms are the agents of discovery and production of such a profoundly important public good should not be taken for granted. Two publicly traded companies, putting their own funds at risk, will, we hope, deliver social benefits worth trillions in return for profits in the low billions. This flies in the face of an emergent narrative about traditional, for-profit firms: that absent clearly set out social and...
Source: washingtonexaminer.com