4 ms·

What's the solution? Maybe more gov investment? The chinese surely have that part covered.

ebanana 5y ago
Transparency, or a bigger push towards crowd science platforms for open source drugs. Basically people who have in interest in medicines because it’s their passion work together like how the open source community works together. And then people like us find those projects. Idk health is not something we should pick and choose who gets what, that is causing a ton of unease under the surface that is bubbling up. You can only gas something so much before the amount of gas build up faster than released. But hopefully we start by making it illegal for politicians to own stock while in office.
- WalterBright 5y ago
  > health is not something we should pick and choose who gets what It's not possible for everyone to get the best of everything. After all, markets are about distributing scarce resources, not abundant ones.
  - ebanana 5y ago
    well there is innovation, what was scarce years ago became less scarce through creative thinking, we have not arrived at the end of a thought yet, things evolve and what we call scarce today is not even a tip of the resources the future will see. the more minds we have working on something the more we realize of previous definition of scarcity was just in thought and not in product
411111111111111 5y ago
there is no simple solution which can be summed up for a ycombinator comment. that doesn't mean that the issue isn't real or isn't happening, because capitalism very much incites this kind of behaviour. That doesn't mean that abandoning capitalism is the right approach either, because that also solved other issues that would come back without it. Its just not an easy situation, but its nonetheless a reality that we have to admit that this kind of behaviour is highly rewarded with our current system and expect corporations to do whatever they can get away with, because most of the people that reach the highest position are amoral, simply because you cannot get to this kind of position without having that character trait
- bsenftner 5y ago
  There is no simple solution is because Capitalism without regulation is tyranny. Regulations are good things, and if regulators need regulation that is far better than the tyranny that would arise without regulation, or enforcement of regulations. Similar to the cherry picking of enforcement, and regulation capture all too prevalent now.
  - bsenftner 5y ago
    Checks and balances are rational, while no checks and balances is insane and a recipe for mass corruption. This down vote demonstrates the success propaganda.
- buran77 5y ago
  The problem is usually not one of legality but of optimization, so it's hard to "fix" without using a heavy hand. You can't force companies to invest in cures rather than treatment, especially at the cost of profit. And many individual parties will reach the same conclusion independently, with no need for collusion [0]. In this case it's not hard to arrive at the conclusion that: > While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow. > the success of [the cure] has gradually exhausted the available pool of treatable patients [0] https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patients-a-sustainable-business-model.html https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patie...

Transparency, or a bigger push towards crowd science platforms for open source drugs. Basically people who have in interest in medicines because it’s their passion work together like how the open source community works together. And then people like us find those projects. Idk health is not something we should pick and choose who gets what, that is causing a ton of unease under the surface that is bubbling up. You can only gas something so much before the amount of gas build up faster than released. But hopefully we start by making it illegal for politicians to own stock while in office.

WalterBright 5y ago
> health is not something we should pick and choose who gets what It's not possible for everyone to get the best of everything. After all, markets are about distributing scarce resources, not abundant ones.
- ebanana 5y ago
  well there is innovation, what was scarce years ago became less scarce through creative thinking, we have not arrived at the end of a thought yet, things evolve and what we call scarce today is not even a tip of the resources the future will see. the more minds we have working on something the more we realize of previous definition of scarcity was just in thought and not in product

411111111111111 5y ago

there is no simple solution which can be summed up for a ycombinator comment. that doesn't mean that the issue isn't real or isn't happening, because capitalism very much incites this kind of behaviour. That doesn't mean that abandoning capitalism is the right approach either, because that also solved other issues that would come back without it. Its just not an easy situation, but its nonetheless a reality that we have to admit that this kind of behaviour is highly rewarded with our current system and expect corporations to do whatever they can get away with, because most of the people that reach the highest position are amoral, simply because you cannot get to this kind of position without having that character trait

bsenftner 5y ago
There is no simple solution is because Capitalism without regulation is tyranny. Regulations are good things, and if regulators need regulation that is far better than the tyranny that would arise without regulation, or enforcement of regulations. Similar to the cherry picking of enforcement, and regulation capture all too prevalent now.
- bsenftner 5y ago
  Checks and balances are rational, while no checks and balances is insane and a recipe for mass corruption. This down vote demonstrates the success propaganda.
buran77 5y ago
The problem is usually not one of legality but of optimization, so it's hard to "fix" without using a heavy hand. You can't force companies to invest in cures rather than treatment, especially at the cost of profit. And many individual parties will reach the same conclusion independently, with no need for collusion [0]. In this case it's not hard to arrive at the conclusion that: > While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow. > the success of [the cure] has gradually exhausted the available pool of treatable patients [0] https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patients-a-sustainable-business-model.html https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patie...