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Funding in addition to not too the exclusion of. People still fund new restaurants and strip malls not just startups. Closely related drugs may not cure new d
by Retric 2y ago
Funding in addition to not too the exclusion of. People still fund new restaurants and strip malls not just startups.
Closely related drugs may not cure new diseases but they do help. There’s a lot of drugs like Morphine but the thing is that give doctors options for better treatment. Fast acting and fast metabolizing is beneficial when an EMT is helping someone deal is massive trauma, post surgery recovery and you want a different drug.
Cialis and Viagra may both make your dick hard, but millions of people benefit from the options from having both.
- xk_id 2y agoFunding is the essence of scarcity. Funding one thing means those money will not be funding anything else. But you're free to be content with countless minor variations on existing treatments [0]. Curing cancers will require an actual breakthrough. [0] https://duckduckgo.com/?q=capitalism+breeds+innovation&t=ftsa&iar=images&iax=images&ia=images https://duckduckgo.com/?q=capitalism+breeds+innovation&t=fts...
- Retric 2y agoTotal funding for all human activities is scarce, but can go to anything. Money spent on video games could instead be used to fund cancer research. Thus the percentage of that funding going to medicine isn’t fixed. We essentially spend extra money on this kind of research rather than diverting cancer funding to look for new pain medications. Further, people with sage IV cancer really have benefitted from better pain meds it’s not as useful as a cure but it’s still useful. Capitalism has freed 90% of humanity to do something other than farm food. We’re in the 3rd stage of human history first almost everyone was hunter gatherer, then nearly everyone was farmers, now people do all kinds of things. How we spend that seemingly boundless surplus of labor may not seem efficient, but it doesn’t need to be to be dramatically better.
- xk_id 2y agoProgress is exponential. So looking in the past and saying we should be content with a 90% improvement is misleading, because it is dwarfed by how much more potential there is.
- Retric 2y agoThat exponential is based on the increase in number of people not farming. Graph the number of writers/scientists/engineers/etc over time and it’s an exponential, but population isn’t expanded exponentially any more. The free ride feedback loop is ending very soon.