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Nobody Told Me!

Kathleen McLaughlin: ...that the plasma economy started in the United States

Nobody Told Me!

Nobody Told Me!

Entrepreneurship, Business

4.2671 Ratings

🗓️ 28 February 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Millions of Americans sell their own blood plasma for cash every year.   On this episode, we’ll find out more about the blood plasma industry and how it preys on some of the country’s most marginalized communities.  Our guest is award winning journalist Kathleen McLaughlin, whose new book is called, "Blood Money: The Story of Life, Death and Profit Inside America’s Blood Industry".
 
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Transcript

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0:00.0

Welcome to Nobody Told Me.

0:11.0

I'm Laura Owens.

0:12.3

And I'm Jan Black.

0:13.4

It's estimated that 20 million Americans sell their own blood plasma for cash every year

0:18.6

in a market that is barely regulated. On this episode, we'll get an inside look at the blood plasma for cash every year in a market that is barely regulated. On this episode, we'll get an

0:22.7

inside look at the blood plasma industry and how it preys on some of the country's most

0:27.0

marginalized communities. Joining us is award-winning journalist Kathleen McLaughlin, whose new book is

0:32.9

called Blood Money, the story of life, death, and profit inside America's blood industry.

0:40.1

Kathleen, we thank you so much for joining us.

0:42.6

Thank you. I'm delighted to be here.

0:45.2

You write, we've built an entire segment of global medicine upon the certainty that some

0:51.8

number of Americans simply can't live on a regular income alone.

0:55.8

That is a really sobering statement. You're saying they need blood money to supplement their

1:01.1

wages and make their lives easier. Tell us more about this. Yeah. So when I first got into this

1:07.7

reporting, I wasn't sure exactly what I was going to find. I think like a lot of

1:12.6

people, I had the idea that people who sell their plasma for money in the U.S. are the poorest

1:19.8

of the poor and that it doesn't affect anyone beyond the very poorest. What I found was quite

1:27.1

surprising, which is that a lot of the poorest of

1:30.8

the poor, unhoused people, for example, are screened out of the system. And in recent years,

1:36.3

it's become much more common for middle class people or people kind of on the fringes of middle

1:41.7

class to engage in this. As things have gotten expensive,

1:44.8

we have higher housing prices, higher inflation, higher cost of education. You can now find, you know,

...

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