A Quote by Joseph Stiglitz

The IP standards advanced countries favour typically are designed not to maximise innovation and scientific progress, but to maximise the profits of big pharmaceutical companies and others able to sway trade negotiations.
Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.
To maximise global social welfare, policymakers should strongly encourage the diffusion of knowledge from developed to developing countries.
The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.
From the Olympian heights of an executive suite, in an atmosphere where your success is judged by the extent to which you can maximise profits, the overwhelming tendency must be to see people as units of production, as indices in your accountants' books.
Some big pharmaceutical companies have engaged in dirty tricks to extend their patents, holding monopolies on certain drugs to pad their profits at consumers' expense.
Rather than engineering our economies solely to maximise GDP, Africa's business and political leaders must build economies explicitly designed to end poverty and inequality.
Big Pharma needs sick people to prosper. Patients, not healthy people, are their customers. If everybody was cured of a particular illness or disease, pharmaceutical companies would lose 100% of their profits on the products they sell for that ailment. What all this means is because modern medicine is so heavily intertwined with the financial profits culture, it’s a sickness industry more than it is a health industry.
The clash between capital and labour, between those seeking to maximise profit and those with only their toil to sell, was the driving force for the creation of the trade unions in the 19th century.
Canada and the United States are also working at the World Trade Organization and in our own hemisphere with negotiations for a Trade Area of the Americas to try to help countries create a positive climate for investment and trade.
I do think we need to hold countries accountable who violate trade agreements that are already in place. We need to get stronger about enforcement, that in the future if we strike a trade agreement, toughening up labor standards and environmental standards and enforcement standards is something we absolutely need to do.
It's easy to complain that pharmaceutical companies place profits over people and apparently care more about hair loss than TB. However, many in the pharmaceutical industry would be glad for the opportunity to reorient their research toward medicines that are truly needed, provided only that such research is financially sustainable.
Take note of what's around you and maximise sensory pleasure.
What I'm trying to do is to maximise the probability of the future being better.
Maximum distribution of research findings is essential to maximise their impact.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
The whole, 'Is the Internet a good thing or a bad thing'? We're done with that. It's just a thing. How to maximise its civic value, its public good - that's the really big challenge.
This site uses cookies to ensure you get the best experience. More info...
Got it!