Showing posts with label Bill Moyers. Show all posts
Showing posts with label Bill Moyers. Show all posts

Thursday, April 26, 2007

What You Can't Make a Profit At

I've been thinking lately of what would be on the list of things that are essential but which you can't make a profit at (or enough of a profit). Last night on Bill Moyers Journal (first show of a new series) mention was made of how 'expensive' it is to hire the personnel necessary to research and report real factual news stories as opposed to how cheap it is to hire pundit 'experts' who merely sit and pontificate about their opinions. As a result more and more newspapers, 'news' magazines like "Time", and news bureaus for TV are getting rid of their news reporters/researchers and hiring more 'experts' to give opinions. Fewer facts and more opinions: the 'modern' fourth estate. The free press that is so essential to democracy.

I recall a fellow who had just finished yet another book on our health insurance 'crisis' who pointed out how it just wasn't profitable to provide care for people with serious chronic illnesses. Since we are such a 'Christian' society I guess Jesus would have preached that those people with chronic illnesses would just have to fend for themselves. (The Gospel according to capitalism.)

Being responsible for cleaning up one's own environmental pollution is apparently not profitable either.

I've heard discussions of medications in which it was revealed that certain drugs are just not profitable enough, thus drug companies don't research improvements in those regardless of how efficacious they would be for health. I guess Jefferson should have written:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness, if said rights can be profitably pursued. — That to secure these rights, Corporations are instituted among Men, deriving their just powers from the consent of the Board of Directors.