4 ms·
They look at the symptom, and might fix one case of high prices with public pressure, legal threats, etc - but if the system is broken, then what good is that?
by tuna-piano 10y ago
They look at the symptom, and might fix one case of high prices with public pressure, legal threats, etc - but if the system is broken, then what good is that?
The question is not "why is this company so evil and greedy?" It's "why dont McDonald's hamburgers also cost $600?", and how do we make the market for drugs as competitive as for burgers?
- vertex-four 10y agoBecause it's a lot easier to prove that your hamburger doesn't harm people than a novel drug?
- pravda 10y ago>It's "why dont McDonald's hamburgers also cost $600?", and how do we make the market for drugs as competitive as for burgers? Because insurance doesn't pay for McDonalds. To make the market for drugs competitive, step one is to get rid of health insurance. Or at least health insurance coverage for drugs. I think the going price for an iPhone is $700. How much would an iPhone cost if you only had to pay 20% of the price? Do the math, and now THAT's why drugs are so expensive.
- rayiner 10y agoBecause it doesn't cost a billion dollars to set up a burger stand?