Profiteering

Profiting From Genocide

July 2, 2025 Chris Hedges, Scheer Post. Educate! Gaza, Genocide, Israel, Palestine, Profiteering

War is a business. So is genocide. The latest report submitted by Francesca Albanese, Special Rapporteur on the Occupied Palestinian Territories, lists 48 corporations and institutions, including Palantir Technologies Inc., Lockheed Martin, Alphabet Inc., Amazon, International Business Machine Corporation (IBM), Caterpillar Inc., Microsoft Corporation and Massachusetts Institue of Technology (MIT), along with banks and financial firms such as Blackrock, insurers, real estate firms and charities, which in violation of international law are making billions from the occupation and the genocide of Palestinians.

The Case For Single-Payer: Reduce Healthcare Cost With Simplification

May 22, 2025 Dr. Stephen Kemble, Counter Punch. Create! Health Care, Medicare for all, Profiteering, Single payer health care

Privatization of publicly funded Medicare and Medicaid, managed care, and “value-based payment”1 have failed to reduce cost or improve population health despite over 30 years of trying, and a new paradigm for health policy is needed. Public funding is appropriate for essential public services necessary for everyone—funded by taxes and paid for with budgets based on cost of operations, with no opportunity for profit or loss. Examples include police and fire departments, public schools, the military, roads and bridges, and government services. Health care should be added to this list. Other industrialized countries with far more cost-effective universal systems treat health care as a public good, not a commodity.

Annual ‘Winners’ For Most Egregious US Healthcare Profiteering Announced

January 8, 2025 Marina Dunbar, The Guardian. Educate! Capitalism, health, Health Care, Profiteering

The 2024 “winners” of the annual Shkreli awards, given each year to perpetrators of the most egregious examples of profiteering and dysfunction within the healthcare industry, have been released from the Lown Institute, an independent healthcare thinktank. The recipients are chosen by a panel made up of health policy experts, clinicians, journalists and advocates. The awards are named after Martin Shkreli, the infamous “pharma bro” who rose to international notoriety after increasing the price of lifesaving anti-parasitic drug Daraprim 50-fold.

Apple Is Accused Of Profiting From War Crimes In Congo

December 24, 2024 Judi Rever, Canadian Dimension. Resist! Apple, DR Congo, Profiteering, War crimes

By every subjective measure, Apple is one of the most successful public companies in history. Its brand perception is synonymous with innovation and its corporate ethos is to make the world a safer, more equitable place. But lofty credos can often be misleading. In the Great Lakes region of Africa, which is ground zero in the global supply chain for Big Tech, Apple appears to have betrayed its vision. The company stands accused of deceiving consumers, laundering Congolese minerals and profiting from war crimes, according to criminal complaints filed against Apple subsidiaries in France and Belgium.

Can’t Pay Won’t Pay

September 4, 2024 Maureen Tkacik, The American Prospect. Educate! Bankruptcy, Health Care, Miami, Profiteering

It is not entirely clear why none of the four physicians who saw Yani Rodriguez over the six days in September 2022 she spent dying at the North Shore Medical Center in Miami ever diagnosed her with thrombotic thrombocytopenic purpura, a rare but well-established blood disorder often associated with late pregnancy whose survival rate soared from just 10 percent in the 1950s to almost 90 percent with the advent of modern plasma transfusion techniques. Rodriguez’s blood readings should have been a dead giveaway, according to expert witnesses consulted in her medical malpractice case and a physician the Prospect consulted with the medical records.

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