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I think we also need to account for the fact that a pandemic of this scale hasn't happened in recent history, you cannot expect the private Pharmaceutical indus
by systemvoltage 6y ago
I think we also need to account for the fact that a pandemic of this scale hasn't happened in recent history, you cannot expect the private Pharmaceutical industry to have pivoted to give away their IP. U.S. Gov was indeed involved in subsidizing and helping vaccine companies hedge the risk. The scale of this was massive: https://en.wikipedia.org/wiki/Operation_Warp_Speed https://en.wikipedia.org/wiki/Operation_Warp_Speed
Just look at the situation with SLS and the lunar gateway program from NASA. It's a complete shitshow. I would expect absolutely horrendous performance if we nationalize pharmaceutical industry, particularly vaccine program. Meanwhile, Moderna's market cap is over $60b from practically nothing last year. IMO, U.S. vaccine program is a huge success despite of the subpar response to the actual containment of the virus.
PS - What's with this article's header image? Portraying someone with devil horns just shows how insecure the article is that such a crutch is needed. Just offputting IMO even if they had good points to make (they didn't).