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28 May 2020

Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed - Bitcoin News

Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed - Bitcoin News

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No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses — are most intense where the money and power stand to be lost, as in the case of the Silk Road, and most weak and permissive where embedded, state-friendly corporations like Johnson & Johnson can basically get away with murder.

From arsenic-poisoned Tylenol, to bribes and kickbacks for doctors worldwide, downplaying dangerous side effects, and peddling allegedly cancer-causing baby powder, the company is no stranger to legal attack.

Of course, their legal representation vehemently denied the charges, citing what they view as Johnson & Johnson’s negligible share of the U.S.

With legal approval from the state, anybody can sell anything — even dangerously addictive painkillers via aggressive marketing campaigns and bribes.

In Johnson and Johnson’s case, around $6 million is spent on lobbying annually, influencing everything from legal policy to drug studies.

For example, the company is a member of the American Tort Reform Association (ATRA), which championed the Class Action Fairness Act of 2005, a bill that drew fire from critics for placing unfair restrictions on individuals seeking legal recourse against corporations via class action lawsuits.

If Johnson & Johnson’s preferred method of force-backed monopoly is non-consensual, then the model of the now defunct Silk Road would be the opposite.

According to the judge, “Among other things, they [Johnson & Johnson] sent sales representatives into Oklahoma doctors’ offices to deliver misleading messages, they disseminated misleading pamphlets, coupons, and other printed materials for patients and doctors, and they misleadingly advertised their drugs over the internet.” It was further found by the ruling that the company had created a problem where there hadn’t been one, in encouraging the over-prescription of opioids for chronic pain.

Though Johnson & Johnson may have to pay $572 million if they lose their appeal, that’s really just a chink in the armor for a company that pulled in $81.6 billion in 2018, with a net worth at press time of $337.1 billion.

Though their reckless practices have arguably contributed to the deaths of thousands in the United States, and they consistently seek to insulate themselves unfairly within the legal system, the company remains “legitimate” in the eyes of the government at large.

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