Sunday, January 31, 2010

Gates Foundation Plans To Invest $10B Into Vaccines

Microsoft didn't put the patent laws into place, the Bill and Melinda Gates Foundation did. What, you thought those medicines were free? No, they came with the requirement that your country signs a trade treaty with the USA, bringing your patent system into line with theirs. You get the vaccines now, but you've just made it much harder to develop a native information economy, and you've probably just bought another decade or two of poverty for the majority of the population. Yay for altruism.

Big Pharma will love it. Bill buys $10bn of vaccines from them. They get the money. Then, he gives the vaccines to people in other countries on the condition that their government signs a treaty with the USA to enforce patents, like the ones on the vaccines. When the vaccines run out, the people in these countries start demanding that their government keeps supplying them. Unfortunately, they've just signed a treaty that prevents them from producing them locally, so now they have to go to Big Pharma and buy them. What's not to like?

Why did you bring up Microsoft? The comment that you are replying to has nothing to do with Microsoft. It has to do with the B&MGF's policy of requiring countries that benefit from their 'altruism' to sign IP treaties with the USA that prevent local production of the vaccines in question. Over the course of a decade, their 'donations' reduce the total amount of vaccines that will reach the people in the countries in question. Free vaccine now, but only if you make sure that the local company that could produce it for $1 never starts so when the donated vaccines run out you have to buy it for $200 from a US company. Sounds altruistic...

1 comment:

Amar said...

No Free Lunch, No Free vaccine. Altruism American style :)