Event Title

An Ethical Analysis of the Medical Industrial Complex and its Failures

Presenter Information

Kevin Respicio, Seattle University

Publication Date

2021

Start Date

21-8-2021 10:45 AM

End Date

21-8-2021 11:10 AM

Moderator

Asmerom Ghirmai

Description

The  American  medical-industrial complex thrives in an economic ecosystem that prioritizes  corporate self-interest and profits over the health and well-being of  people. The  American  capitalist environment rewards doggish pursuits of maximized profits  that  result in  failures of care for the people served by this healthcare system.  Three  major sectors of the medical-industrial complex  identified  are insurance, hospital, and pharmaceutical corporations. Each  sector  continues to gain incredible power and influence  to  the detriment of the people of the United States.  The  problems generated by the medical-industrial complex becomes even clearer when examined through the lens of multiple ethical frameworks  for instance , deontology, contractarianism, Aristotelian virtue ethics, and utilitarianism.   Fortunately, a path towards a more ethical and equitable healthcare system has been identified. Observing the same ethical frameworks, it is possible to provide adequate healthcare for all while maintaining quality and affordability.

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Aug 21st, 10:45 AM Aug 21st, 11:10 AM

An Ethical Analysis of the Medical Industrial Complex and its Failures

The  American  medical-industrial complex thrives in an economic ecosystem that prioritizes  corporate self-interest and profits over the health and well-being of  people. The  American  capitalist environment rewards doggish pursuits of maximized profits  that  result in  failures of care for the people served by this healthcare system.  Three  major sectors of the medical-industrial complex  identified  are insurance, hospital, and pharmaceutical corporations. Each  sector  continues to gain incredible power and influence  to  the detriment of the people of the United States.  The  problems generated by the medical-industrial complex becomes even clearer when examined through the lens of multiple ethical frameworks  for instance , deontology, contractarianism, Aristotelian virtue ethics, and utilitarianism.   Fortunately, a path towards a more ethical and equitable healthcare system has been identified. Observing the same ethical frameworks, it is possible to provide adequate healthcare for all while maintaining quality and affordability.