“Health Inc” – is a new term coined for the conglomerate combined health sector which is the aggregated global health economy: public and private hospitals, clinics, pharmaceuticals, including new drugs, for example, so-called Smart Payloads (for Robotic Pills and Capsules), devices (especially, for new robotic surgery), insurance, long-term care, public health administration, and supply chains. They all work hand in hand and in a well-coordinated fashion, so as to create one single sector with an enormous political weight and lobbying power.
Health Inc has mastered the political economy of fear:
- Fear of disease (cancer, pandemics, Alzheimer’s) drives demand for screening, drugs, and interventions.
- Fear of death underpins end-of-life care, which accounts for a disproportionate share of medical spending in the last year of life.
- Fear of liability (for doctors, hospitals, governments) drives defensive medicine, over-testing, and over-treatment.
- Fear of scarcity (bed shortages, drug shortages, waiting lists) is used to justify budget increases and privatization”
Quoted from Global Research
