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I find it difficult to complain about “the way things are” when this system has allowed us to develop and manufacture multiple effective vaccines in record time
by nemo44x 6y ago
I find it difficult to complain about “the way things are” when this system has allowed us to develop and manufacture multiple effective vaccines in record time. Where is the problem?
Without government funding to spur research quickly then fewer companies would risk it and those that did find an effective vaccine would sell them for whatever the market would pay - which is a lot more than what they are going for now. By funding the research the governments at least have a claim of hoarding the vaccine rather than letting market participants bid on it. And this would mean millions of not-rich people wouldn’t get it for a long time. At least now it’s based on need and not ability to pay to protect your life and is actually available.