#dropout
#Capitalism and #health care - the eternal #contradiction ...
The #series "The #Dropout" is about the huge #scandal surrounding #ElizabethHolmes and her startup #Theranos.
More info here: https://www.themoviedb.org/tv/122066-the-dropout
In Elizabeth's childhood her parents got into financial difficulties and she had to move because of that. This strengthened her will to become successful and always financially independent. She dropped out of #university to start her medical startup. However, it quickly became clear that her #idea of #blood tests was appealing but not technically feasible. Instead of admitting this to herself, she raised more and more #venture #capital and continued her #research. The research, however, did not go into a finished product but into a #scam to simulate a working product. She justified the #fraud to herself by saying that it would allow her to continue researching and that her research would eventually benefit #society. In the process, she created an environment of non-trust in her #company. Employees were actively prevented from exchanging information and there was a company secret service that monitored and spied on employees. Employees were intimidated and silenced with non-disclosure agreements.
#economy #pharmacy #technology #fail #science #problem #finance #crime
