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by dgb23 1630 days ago
I'm not sure if life saving medicine should or even can be understood through economic equilibrium. This is ultimately a question of ethics, politics and sheer survival. This isn't a market in the first place and it doesn't help that we pretend it is.
1 comments

Everything is a market. Someone has to produce a finite supply for some cost. There is some demand for the medicine. Suppliers can be incentivized to produce by demand through price.

Look up the percentage of all drugs that were invented in the United States. Socialized medicine is subsidized by capitalist innovation overseas. There are so many problems with the US system, but they have more to do with regulatory capture (including difficulty of FDA approval + difficulty of becoming a doctor) and price transparency than anything else.

Sit tight and assess! This is like reading a propaganda pamphlet with the inevitable very long term "it may work, we'll have to wait and see in a decade or two, but until then at least our profits are not affected"-solutions.
Did you forget to read the last part, describing the major things that need to change?
I did not.
Then you clearly misunderstood and your response adds no value. Nobody said sit tight. I said change some major things with powerful gatekeepers. Don't let your ideology get in the way of entertaining new ideas.
I did not misunderstand you. The suggested changes are bullshit.