In January of 2010, Bill and Melinda Gates announced a $10 billion pledge to usher in a decade of vaccines. But far from an unalloyed good, the truth is that this attempt to reorient the global health economy was part of a much bigger agenda. An agenda that would ultimately lead to greater profits for big pharma companies, greater control for the Gates Foundation over the field of global health, and greater power for Bill Gates to shape the course of the future for billions of people around the planet.
POPPY HARLOW: Ten billion dollars. I mean, just speak about the magnitude of that. That is by far the biggest commitment of the foundation, isn’t it, Bill? I mean this is by far the largest.
BILL GATES: That’s right, we’ve been spending a lot on vaccines. With this commitment, over eight million additional lives will be saved. So it’s one of the most effective ways that health in the poorest countries can be dramatically improved.
SOURCE: Gates Foundation: $10 billion for vaccines
GATES: Today we’re announcing a commitment over this next decade, which we think of as a decade of vaccines having incredible impact. We’re announcing that we’ll spend over $10 billion on vaccines.Check the link for the transcript and additional references
SOURCE: PBS News Hour January 29, 2010 6:00pm-7:00pm EST