Click here to access article by Robin Pope and Reinhard Selten from Real-World Economics Blog.
This posting is an excerpt from a longer paper entitled, “Public debt tipping point studies ignore how exchange rate changes may create a financial meltdown”. Thus, it was written with this thesis in mind.
Nevertheless, it makes some very interesting points about the public contribution to the profits of privately owned pharmaceutical corporations and the latter's influence of government policies to serve the interests of the corporations.
This subject desperately needs to be developed as a separate study. Possibly it has been--I am not very knowledgeable on this subject. One might find excellent exposés on this issue by referring to the reference sources in the larger document.