Concise Psych

Ep39: Why Does Everything Suck Now? The Dark Side of Profits Over People


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Today, we’re diving into a topic that’s been on my mind for a while: why does everything seem to suck now? From healthcare to aviation, and the food industry and pharmaceutical sector, it feels like the focus has shifted from people to profits. Now before you make any judgments or conclusions on this, let’s dig in and investigate. We’re going to talk about each one of these industries. And I am always going to bring it back to the most important thing – preventing loss of life and suffering.

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Studies cited in episode:
https://www.commonwealthfund.org/publications/explainer/2023/nov/private-equity-role-health-care
https://nihcm.org/publications/the-growth-of-private-equity-in-us-health-care-impact-and-outlook
https://www.usatoday.com/story/travel/airline-news/2024/03/25/boeing-ceo-change-safety/73094870007/
https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Board-and-Management-Changes
https://theconversation.com/how-shareholder-profits-conquered-capitalism-and-how-workers-can-win-back-its-benefits-for-themselves-103781
https://thehill.com/business/4557840-boeing-leadership-shakeup-raises-questions-after-737-max-9-blowout/
https://www.forbes.com/sites/jackmccullough/2019/12/09/the-psychopathic-ceo/
https://www.corporatewellnessmagazine.com/article/the-benefits-of-vacation-encouraging-employees-to-take-time-off-for-mental-health
https://www.independent.co.uk/life-style/unhappiness-leave-work-mental-health-day-off-office-b2546223.html
https://www.fastcompany.com/91129038/unhappy-leave-is-real-why-its-not-enough

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Concise PsychBy Prashant Sharma, D.O., Board Certified Psychiatrist