ABSTRACT
Pharmaceutical companies reap billions of dollars in subsidies for research and development, but they have successfully lobbied Congress to keep Medicare from bargaining for lower drug prices, and they pay competitors to keep generic drugs out of the market, to ensure that their more expensive drugs are the only option. The financial industry exhibits a disregard for the fundamental economic needs of people, here and around the world, with companies like Goldman Sachs, whose commodities index is the most heavily traded in the world, hoarding rice, wheat, corn, sugar and livestock to jack up commodity prices around the globe, leaving poor families unable to afford basic staples. A few decades ago, the financial industry spent most of its money on business investment. Corporate inversions encourage companies to save taxes by moving their corporate offices to foreign countries, where they can merge with "parent" companies, thus effectively deserting the country that made them successful.
