4 ms·
Because the only way to get people to stop naturally forming markets, is by force. Usually lethal, if history is any guide.
by pjkundert 7y ago
Because the only way to get people to stop naturally forming markets, is by force. Usually lethal, if history is any guide.
- minikites 7y agoSo the market is virtuous when it charges usurious prices for medicine because people are getting something they value more (their lives) in exchange for something they value less (literally anything else)?
- pjkundert 7y agoConflating the patent-protected status of medicines plus the spectacularly expensive FDA approval process, with a “market”, does not a powerful argument make... Don’t get me wrong. There may or may not be a bunch of things wrong with the highly regulated (read: lobbiest controlled) and inefficient (almost insurmountable barriers to entry) medical industry — but using that as an argument against “markets” in general? Weak.