The Death of Regulation: From Standard Oil to Big Pharma Corruption
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The era of breaking up massive monopolies like Standard Oil or challenging tech giants like Microsoft seems long gone. This discussion exposes how government oversight has faltered, especially highlighting a former President's controversial partnership with Big Pharma.
Critics argue this collaboration, including Trump RX, crosses into outright corruption, profiting from drugs with serious side effects. The conversation extends to the unchecked power of Big Pharma and Big Ag, whose unhealthy products contribute to a national health epidemic, questioning if this is a free market or systemic regulatory failure.
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Transcript
what the US government did to Standard Oil decades ago would never happen today. Even what the FTC did to Microsoft in the 1990s would would never even be attempted today. And in my opinion, if if any company should be subject to a regulatory breakup, it would be Google because of their extreme domination in search and other products. But it's it's even worse, I think than what you described because you mentioned Big Pharma, that's a great example, but Trump has gone into business with Big Pharma with Trump RX. So this is something obviously this is not, you know, a a free market economy when the President of the United States licenses his name to go into business with an industry that he's supposed to be, well, at least through the executive branch, supposed to be regulating Big Pharma. Instead, he's saying that it's a success because he's partnered with them to lower the prices of things like weight loss injections, which is actually only spreading the widespread use of these drugs that I would argue have some very serious side effects including cancer and blindness. And so we have a president that's making money off of ...
