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by flagrant 1969 days ago
But this is about profit. Profit is by definition money that wasn't required to create the vaccine.
2 comments

The companies presumably diverted resources from profitable activities to work on this.
It’s necessary to incentivize people to invent and manufacture the vaccine.

It’s amazing to me that we now have a generation coming up that doesn’t know that we—-that is the human race—-tried socialism, really gave it the old college try, and it. did. not. work. For a significant period of time most of the educated people in the world thought it would work. This was not some fringe idea that was never given a fair shot.

(I’m talking here about actual socialism, not welfare capitalism that many on the contemporary left and right call socialism for their own propagandist reasons.)

Please do not spout these things while utterly neglecting NIH and NSF funding the basic research.

If you want I'll critique the rest.

The current approach used by the NIH is a response to the failures of socialism. The Bayh–Dole Act was passed in 1980 and signed by noted right winger Jimmy Carter.

Advocating for central planning in 2021 is like advocating for NoSQL—-lots of pretty arguments vs the overwhelming weight of real world evidence.

We've never remotely had anything akin to socialism in the US. The USSR, China, Cuba, Venezuela, yes, absolutely. But neither socialism nor communism were ever used here in the US.
Oxford, the inventors, were originally willing to give the invention away for free. It's the central contention of the article we're discussing. How can you omit that from your argument?
What on Earth does that have to do with anything?