Neoliberalism. The belief that private corporations should be able to do whatever the hell they want, because markets always create the best outcome possible for society.
The result is stuff like the US Opioid Crisis. Purdue Pharma knew that opioid pharmaceuticals were extremely addictive. For decades, executives lies and said it was not addictive. In private, they laughed about victims.
They bribed doctors and dentists to overprescribe it:
For neoliberals, the market should decide what is acceptable or not. If there is a market for something, then it should be legal. Citizens or lawmakers should never get involved.
Neoliberalism. The belief that private corporations should be able to do whatever the hell they want, because markets always create the best outcome possible for society.
The result is stuff like the US Opioid Crisis. Purdue Pharma knew that opioid pharmaceuticals were extremely addictive. For decades, executives lies and said it was not addictive. In private, they laughed about victims.
They bribed doctors and dentists to overprescribe it:
https://www.nytimes.com/2018/05/29/health/purdue-opioids-oxycontin.html
https://www.latimes.com/projects/oxycontin-part1/
They also paid think-tanks to defend them and aggressively challenged negative media coverage:
https://www.propublica.org/article/inside-purdue-pharma-media-playbook-how-it-planted-the-opioid-anti-story
The tobacco companies used the same techniques before western governments cracked down on them.
In many countries, tobacco corporations are using mafia methods:
https://www.theguardian.com/world/2017/jul/12/big-tobacco-dirty-war-africa-market
For neoliberals, the market should decide what is acceptable or not. If there is a market for something, then it should be legal. Citizens or lawmakers should never get involved.