Our school for last week focused on corporate bankruptcy issues and bailouts from the government. I'm in an online class, there's over 50 students in my section and the teacher is doing 3 of the same class this session. The rules are to choose a company/industry/example that has not been used by any other student or you get a 0.
So guess what I chose....
But the more I researched it, the more I got into it and now I think I've opened up a can of worms that I can't stop thinking about.
It seems the majority of people accept that "something must be done" to prevent the car industry, the bank industry, the housing industry, etc from failing. In other words, we must be willing to do anything we can to keep these industries from going belly up or we'll face catastrophic consequences. The unemployment, global competition and economic impact will kill us. So we do bailouts.
Well, what about pharma? What about the vaccine industry? It is huge and old and part of every corner of our economy, manufacturing and culture. The economic impact of ending the current vaccine schedule is crippling. Just imagine what would happen if the government came out and said "oops, vaccines are useless/fake science/harmful, our bad."
First, they would raked over the coals and drained of every cent for lawsuits/compensation. Then imagine the stock market dropping insanely. Thousands upon thousands of employees fired...and to top it off, future revenue would be lost (current figures put it at 20b by 2010).
Anyways, I said all the above and more in a 3-page assignment and other students responded saying, 'yeah vaccines are probably bad for you but we need to keep it going or else our economy will fold'
Do you think this is a good argument? B/c outside of a human rights mindset, it actually seemed like a really good argument and I was surprised to see so many people used it. Like, no one cared about vaccine safety OR efficacy. It was all about the money.
So guess what I chose....But the more I researched it, the more I got into it and now I think I've opened up a can of worms that I can't stop thinking about.
It seems the majority of people accept that "something must be done" to prevent the car industry, the bank industry, the housing industry, etc from failing. In other words, we must be willing to do anything we can to keep these industries from going belly up or we'll face catastrophic consequences. The unemployment, global competition and economic impact will kill us. So we do bailouts.
Well, what about pharma? What about the vaccine industry? It is huge and old and part of every corner of our economy, manufacturing and culture. The economic impact of ending the current vaccine schedule is crippling. Just imagine what would happen if the government came out and said "oops, vaccines are useless/fake science/harmful, our bad."
First, they would raked over the coals and drained of every cent for lawsuits/compensation. Then imagine the stock market dropping insanely. Thousands upon thousands of employees fired...and to top it off, future revenue would be lost (current figures put it at 20b by 2010).
Anyways, I said all the above and more in a 3-page assignment and other students responded saying, 'yeah vaccines are probably bad for you but we need to keep it going or else our economy will fold'
Do you think this is a good argument? B/c outside of a human rights mindset, it actually seemed like a really good argument and I was surprised to see so many people used it. Like, no one cared about vaccine safety OR efficacy. It was all about the money.
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