Prices and employee wages are at the going rate. If the CEOs were paid from these, they would leave for a firm with lower CEO returns.
We here of the dozen or so very highly paid, but there are tens of thousands of CEOs in the US. The shareholders pay the exorbitancies. As for the outrageous prices of the pharmas, the patent law effectively stops competition - the best way to bring down prices. Harry ********************************** Henry George School of Social Science of Los Angeles. Box 655 Tujunga CA 91042 818 352-4141 ********************************** > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] On Behalf > Of Christoph Reuss > Sent: Tuesday, June 12, 2007 11:38 AM > To: [EMAIL PROTECTED] > Subject: Re: [Futurework] Bill Gates, Rockefellers & Africa's > biopiracy > > Harry Pollard wrote: > > But the Pharmas got their huge profits from what you call > > "earned privilege. > > It's not that simple. Big Pharma got their huge profits from > wrong medical paradigms applied on vast scale, and from > corruption > in the medical-industrial complex. With a sensible medical > system, > patents on chemical medicine would be nearly worthless. For > example, > one Pharma company makes $17 Billion in 1 year with 1 > substance alone, > but this substance could be replaced by a cheap natural > substance that > doesn't even have the chemical's harmful side-effects. > However, the > therapeutic dose of this natural substance is not even available > in > our drug stores and cannot be imported legally due to EU > Pharma laws. > It's a crime against humanity, but you can't blame patents for > that. > > > > I didn't defend CEO payments. If shareholders accept them, > > who are we to complain? > > > > The shareholders pay them. > > You say you didn't defend CEO payments, but in the following > sentence > you do it again. Actually, not the shareholders pay them but > the > customers, employees and taxpayers pay them. So, who are we > to complain? > We are those who pay them! > > Chris > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > ~~ > SpamWall: Mail to this addy is deleted unread unless it > contains the keyword > "igve". > > > _______________________________________________ > Futurework mailing list > Futurework@fes.uwaterloo.ca > http://fes.uwaterloo.ca/mailman/listinfo/futurework > > No virus found in this incoming message. > Checked by AVG Free Edition. > Version: 7.5.472 / Virus Database: 269.8.14/845 - Release > Date: 6/12/2007 6:39 AM > _______________________________________________ Futurework mailing list Futurework@fes.uwaterloo.ca http://fes.uwaterloo.ca/mailman/listinfo/futurework
