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I think we could add this to Jeff Bezos' ideas for philanthropic endeavors. Hell, it doesn't even need to be philanthropic. Amazon seems to have no problem with
by torpfactory 9y ago
I think we could add this to Jeff Bezos' ideas for philanthropic endeavors. Hell, it doesn't even need to be philanthropic. Amazon seems to have no problem with razor-thin profit margins: Why not create a company which has no problem making and selling generic-only drugs at razor-thin margins? There would seem to be a lot of room to undercut a business who sells for $4500 what might be produced for $20.
I think our capitalism may actually suffer from too much profit taking and not enough competition. I want the market to serve me (the consumer) not the other way around. I'm sure the producer see things differently... There doesn't seem to be a lot of appetite for companies to go after profitable businesses that don't have big margins.
- Noumenon72 9y agoThere would be a Jeff Bezos if the drug market was as unregulated as the book market. Because of the regulations, instead there will be a Martin Shkreli.