5 ms·

Maybe finding new ways for the market isn't the best approach. What about publicly shaming the people who profit off of this? I remember there was a big outrag

by Joe-Z 7y ago

Maybe finding new ways for the market isn't the best approach. What about publicly shaming the people who profit off of this? I remember there was a big outrage about Martin Shkreli's actions. Meanwhile the CEOs of these companies probably get lauded in business magazines. Calling these miserable, greedy, selfish bastards out for what they are could be a first step. God, how I'm hoping for a socialist revolution to take place within my lifetime...

HarryHirsch 7y ago
What about publicly shaming the people who profit off of this? We've seen that this is something that absolutely doesn't work. They (that's the people who matter) just find a scapegoat and everyone else carries on just as before. Shkreli ended up in prison, but Valeant is still busy making profit off the backs of patients, and despite Hillary Clinton's professed outrage prices for such drugs as Syprine haven't gone down a penny. Netflix has a documentary on the case. Where is the revolution? Where is single-payer healthcare?
- magduf 7y ago
  Americans don't want single-payer healthcare. If they did, they'd be voting for it. Instead, they (especially poor, rural voters) strongly vote for the party that says they're keeping "socialism" out of healthcare. Americans are getting exactly what they voted for.
ralusek 7y ago
A socialist revolution? Do you mean that you'd like the US to become more like Sweden, a social democracy? Because it bears repeating, there is not a single desirable place to live on Earth that is not primarily governed by free market forces, including Sweden. Sweden, Norway, Canada...these are not socialist states. Also, let's be clear about one more thing. Martin Shkreli is not a free market capitalist, he's a crony. Leveraging state patent systems to create abusive monopolies is not free market capitalism, that is textbook crony capitalism and the enemy of a free market. Without arbitrary state enforcement of medical patents on insulin and epipens, do you think that these would be exceedingly expensive items? Are you being bankrupted by Benadryl? Hardly. There are absolutely elements of healthcare that are far better serviced by a command economy than a free market, and I think the weird hybrid system in the US is the worst of both worlds in many such cases. But a socialist revolution? Socialism is an authoritarian nightmare that cannot suitably answer any question related to scarcity or competence.
- magduf 7y ago
  The thing you're missing about "free market capitalism" is that, in the USA today, our "free market capitalism" absolutely does include state patent systems leveraged to create abusive monopolies. You might call it "crony capitalism", and you claim that it's not "true" "free market capitalism" (which sounds like the No True Scotsman fallacy to me), but the fact is, one of two major political parties in this country does say that what we have now, and what they want to retain, is "free market capitalism". As for "socialism", again you're disagreeing on definitions. To most Americans, Sweden, Norway, Canada, etc. are "socialist".
  - ralusek 7y ago
    Almost no product that you use is subject to abusive state monopolies, which is why almost every product you use is competitively priced. So no, free market capitalism is not indistinguishable from crony capitalism. As far as definitions go, my definition of "socialism" is actual socialism, not social democracy. This quote is overused at this point, but Danish PM Rasmussen explicitly clarifies "I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy." Adding central planning to ameliorate some of the rough edges of market economies does not create a socialist state.
    - magduf 7y ago
      >As far as definitions go, my definition of "socialism" is actual socialism, not social democracy. Again, most Americans will disagree with you. The definition of a word is whatever most people agree it is. >This quote is overused at this point, but Danish PM Rasmussen explicitly clarifies No one in Denmark has any authority to define a word in the English language as used by Americans. >Adding central planning to ameliorate some of the rough edges of market economies does not create a socialist state. According to Americans, it absolutely does. >So no, free market capitalism is not indistinguishable from crony capitalism. Again, according to many Americans it is. Here's a challenge for you: pick out 100 different rural counties across America. Go to each county, and take a poll, asking them, "Is Denmark a socialist country?" I guarantee you that a clear majority of those polled will answer "yes".

by Joe-Z 7y ago

HarryHirsch 7y ago

What about publicly shaming the people who profit off of this? We've seen that this is something that absolutely doesn't work. They (that's the people who matter) just find a scapegoat and everyone else carries on just as before. Shkreli ended up in prison, but Valeant is still busy making profit off the backs of patients, and despite Hillary Clinton's professed outrage prices for such drugs as Syprine haven't gone down a penny. Netflix has a documentary on the case. Where is the revolution? Where is single-payer healthcare?

magduf 7y ago
Americans don't want single-payer healthcare. If they did, they'd be voting for it. Instead, they (especially poor, rural voters) strongly vote for the party that says they're keeping "socialism" out of healthcare. Americans are getting exactly what they voted for.

ralusek 7y ago

A socialist revolution? Do you mean that you'd like the US to become more like Sweden, a social democracy? Because it bears repeating, there is not a single desirable place to live on Earth that is not primarily governed by free market forces, including Sweden. Sweden, Norway, Canada...these are not socialist states. Also, let's be clear about one more thing. Martin Shkreli is not a free market capitalist, he's a crony. Leveraging state patent systems to create abusive monopolies is not free market capitalism, that is textbook crony capitalism and the enemy of a free market. Without arbitrary state enforcement of medical patents on insulin and epipens, do you think that these would be exceedingly expensive items? Are you being bankrupted by Benadryl? Hardly. There are absolutely elements of healthcare that are far better serviced by a command economy than a free market, and I think the weird hybrid system in the US is the worst of both worlds in many such cases. But a socialist revolution? Socialism is an authoritarian nightmare that cannot suitably answer any question related to scarcity or competence.

magduf 7y ago
The thing you're missing about "free market capitalism" is that, in the USA today, our "free market capitalism" absolutely does include state patent systems leveraged to create abusive monopolies. You might call it "crony capitalism", and you claim that it's not "true" "free market capitalism" (which sounds like the No True Scotsman fallacy to me), but the fact is, one of two major political parties in this country does say that what we have now, and what they want to retain, is "free market capitalism". As for "socialism", again you're disagreeing on definitions. To most Americans, Sweden, Norway, Canada, etc. are "socialist".
- ralusek 7y ago
  Almost no product that you use is subject to abusive state monopolies, which is why almost every product you use is competitively priced. So no, free market capitalism is not indistinguishable from crony capitalism. As far as definitions go, my definition of "socialism" is actual socialism, not social democracy. This quote is overused at this point, but Danish PM Rasmussen explicitly clarifies "I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy." Adding central planning to ameliorate some of the rough edges of market economies does not create a socialist state.
  - magduf 7y ago
    >As far as definitions go, my definition of "socialism" is actual socialism, not social democracy. Again, most Americans will disagree with you. The definition of a word is whatever most people agree it is. >This quote is overused at this point, but Danish PM Rasmussen explicitly clarifies No one in Denmark has any authority to define a word in the English language as used by Americans. >Adding central planning to ameliorate some of the rough edges of market economies does not create a socialist state. According to Americans, it absolutely does. >So no, free market capitalism is not indistinguishable from crony capitalism. Again, according to many Americans it is. Here's a challenge for you: pick out 100 different rural counties across America. Go to each county, and take a poll, asking them, "Is Denmark a socialist country?" I guarantee you that a clear majority of those polled will answer "yes".