69. Pharma Bro 1: Is greed inherently bad?
In 2015, Martin Shkreli raised the price of a life-saving drug by more than 4000% and became the most hated man in America. Is greed inherently bad?
In September 2015, Martin Shkreli鈥檚 name made headlines. He quickly became 鈥榯he most hated man in America鈥� after he raised the price of the life-saving drug, Daraprim, by more than 4,000% - almost overnight.
He was vilified by the press and the public alike and was often referred to as 鈥榩harma bro鈥�, a representation of everything that was seemingly wrong with Big Pharma. Was Martin Shkreli unfairly singled out? How was any of it legal? And is ruthlessness in business justified?
This is part one of two. On this episode of Bad People Dr Julia Shaw and Sofie Hagen discuss greed and whether it鈥檚 inherently bad.
This episode includes audio from the 2021 documentary 鈥楶harma Bro鈥� by Blumhouse Productions, directed by Brent Hodge.
CREDITS
Presenters: Dr Julia Shaw and Sofie Hagen
Producer: Simona Rata
Music: Matt Chandler
Editor: Anna Lacey
#BadPeople_麻豆社
Commissioning Assistant Producer: Adam Eland
Commissioning Executive: Dylan Haskins
Bad People is produced in partnership with The Open University and is a 麻豆社 Audio Science Production for 麻豆社 Sounds.
Podcast
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Bad People
Dr Julia Shaw and comedian Sofie Hagen dissect criminal cases and tackle ethical dilemmas