The feds should be producing generic drugs in the states:
- ensures supply
- ensures quality
- creates jobs
- fills gaps for drugs that are no longer profitable
- contributes to national security
- creates competition
- lowers costs
The feds should be producing generic drugs in the states:
I think California is moving this way. They started producing their own insulin and suddenly everyone is reducing the price of their insulin to $30 a dose or whatever CA was charging. Let's do it with more
I highly recommend that you do blame capitalism because we live in a capitalist society. They claim to have the solution to our physical needs, it is a failed system.
Great article... Pharmaceuticals is interesting since the needs of corporations functioning under capitalism and their customers disconnect a lot
My unhinged opinion is... Most of the pharmaceuticals research are done by (mostly) publicly-funded research labs anyways... so might as well just let the government do something about this? I wouldn't be surprised if some folks in academia wouldn't mind moonlighting as CEO at a nonprofit drug manufacturer or sth
In a free market, people would be able to get any drug they like.
I'm presuming that over-regulation in the wrong way might be the cause here. But the problem is, markets carrying necessities tend to exploit customers when there's no competition, so I'm not sure that deregulation should be the move either.
In a free market, people can get any drug that provides sufficient profit margins to justify the market producing it. If scarcity needs to be induced to bring the profit margins up to an acceptable level... the market is free to do so.
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