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Pharmocracy: Value, Politics, and Knowledge in Global Biomedicine (Experimental Futures)

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Continuing his pioneering theoretical explorations into the relationships among biosciences, the market, and political economy, Kaushik Sunder Rajan introduces the idea that of pharmocracy to provide an explanation for the structure and operation of the worldwide hegemony of the multinational pharmaceutical industry. He reveals pharmocracy’s logic in two case studies from up to date India: the controversial introduction of an HPV vaccine in 2010, and the Indian Patent Place of work’s denial of a patent for an anticancer drug in 2006 and ensuing legal battles. In each and every instance health used to be appropriated by capital and transformed from an embodied state of well-being into an abstract category made subject to capital’s interests. These cases demonstrate the precarious situation by which pharmocracy places democracy, as India’s accommodation of global pharmaceutical regulatory frameworks pits the interests of its citizens against the ones of international capital. Sunder Rajan’s insights into this dynamic shed light on the high stakes of pharmocracy’s intersection with health, politics, and democracy.

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