5 ms·
But this is about profit. Profit is by definition money that wasn't required to create the vaccine.
by flagrant 6y ago
But this is about profit. Profit is by definition money that wasn't required to create the vaccine.
- mrmonkeyman 6y agoWhere are the vaccines from non-capitalist societies? Fact is, it was necessary. Incentives are part of the solution, not just the end product.
- bradleyjg 6y agoIt’s necessary to incentivize people to invent and manufacture the vaccine. It’s amazing to me that we now have a generation coming up that doesn’t know that we—-that is the human race—-tried socialism, really gave it the old college try, and it. did. not. work. For a significant period of time most of the educated people in the world thought it would work. This was not some fringe idea that was never given a fair shot. (I’m talking here about actual socialism, not welfare capitalism that many on the contemporary left and right call socialism for their own propagandist reasons.)
- Ericson2314 6y agoPlease do not spout these things while utterly neglecting NIH and NSF funding the basic research. If you want I'll critique the rest.
- bradleyjg 6y agoThe current approach used by the NIH is a response to the failures of socialism. The Bayh–Dole Act was passed in 1980 and signed by noted right winger Jimmy Carter. Advocating for central planning in 2021 is like advocating for NoSQL—-lots of pretty arguments vs the overwhelming weight of real world evidence.
- CydeWeys 6y agoWe've never remotely had anything akin to socialism in the US. The USSR, China, Cuba, Venezuela, yes, absolutely. But neither socialism nor communism were ever used here in the US.
- anigbrowl 6y agoOxford, the inventors, were originally willing to give the invention away for free. It's the central contention of the article we're discussing. How can you omit that from your argument?
- flagrant 6y agoWhat on Earth does that have to do with anything?
- graeme 6y agoThe companies presumably diverted resources from profitable activities to work on this.