WANT FREE TRADE? OPEN THE MEDICAL AND DRUG INDUSTRY TO COMPETITION.
Advocates for free trade are numerous and have over the years fought for it but is anyone listening? Dean Baker is convinced that this is a conspiracy to redistribute wealth where it has always been, the top. I agree that trade agreements might often benefit the rich but if the right controls are put in, things are bound to change for the better. I think it is unfair that low income workers continue to be suppressed while high earning doctors still run on more than they will ever need. I advocate for fair payments even if they can never be equal. Money saved from acquiring cheaper doctors can be used in other sectors of the economy because we already have cheaper manufacturing laborers. Why doctors would be paid that much compared to other countries is a mystery. The policy makers may have something they are benefiting from because they are not as laxative when they are employing other laborers. The writer attributes it to power and money statuses of the doctors but I beg to differ with him and attribute the reason to shared interests between both doctors and policy makers. Doctors on their own would not survive a fair policy maker, it will be futile.
Monopolization by drug companies has gone on for a long time and it does not make sense why the government would not negotiate for better deals. If the drug companies are open to tendering fairly, the price of good health will not be as expensive. The industry is condoning corruption, wastage, unfair rules, poor policies and over-exploitation. This has been a long time of little reform. It needs a turn around to heal an ailing nation that sarcastically has the most expensive medicine.