Tue, 20 September 2016
Mylan’s EpiPen is crony capitalism at work. Big Business and big government getting in bed together is not capitalism that is crony capitalism!
The EpiPen story has been huge these past few weeks and this story actually shows us a lot of what’s wrong with the “system” today! EpiPen now costs $300 for one syringe and when it first came out in in 1977 it cost $57! How is it the cost of EpiPen has soared in price? This is the result of government intervention! The FDA has blocked out competition due to cronyism and the government playing to favored companies like Mylan! Even the patent that Mylan has had on EpiPen is yet another reason, why there’s so little competition against the EpiPen! We need to get the government out of our lives and we will all be better for it!