The Magazine of Corporate Responsibility

Tag Archive for ‘Lobbyists’

Drug Industry Lobbyists and Campaign Cash Stymie Bid to Restrain Medicare Prescription Costs

When Congress approved the landmark Medicare Part D program in 2003 to help seniors buy prescription drugs, it slapped on an unusual restriction: The federal government was barred from negotiating cheaper prices for those medicines. The ban on government price bargaining, justified by supporters on free market grounds, has been derided by critics as a giant gift to the drug industry.

Books: ‘Owning Our Future: The Emerging Ownership Revolution’

Marjorie Kelly, co-founder and former President of Business Ethics magazine, describes her new book as “a journey into the territory of the possible, a kind of advance scouting expedition for the collective journey of our global culture.” In an excerpt from the book, Kelly explores the concept of ownership – what it means to the global economy, and to her personally.