The best available evidence suggests that psychological treatments are equally effective as drug treatments for most common psychiatric disorders. Psychological therapies are generally orders of magnitude more expensive than drug treatments, so unfortunately they aren't as widely available.
Psychiatry is an incredibly challenging field and there are a lot of things we just don't know. Drug companies might have a strong incentive to keep selling you pills, but insurers have an equally strong incentive to cure you outright. Single-payer healthcare systems like the British NHS have a huge incentive to use the best, most cost-effective treatments available. It's just an unfortunate fact that we can't fix everyone. There is no magic wand to cure all human misery and there's no conspiracy to keep people sick.
http://cochranelibrary-wiley.com/doi/10.1002/14651858.CD0033... http://cochranelibrary-wiley.com/doi/10.1002/14651858.CD0111...
Yet. Let us remain optimistic :)
Fortunately Psychedelic medicines are coming online that can allow for actual healing of the underlying patterns. They saved my life for certain.