Submitted by Sorin61 t3_z08stn in technology
Real-Patriotism t1_ixa4vjh wrote
Reply to comment by DryYogurtcloset492 in European Union strikes €6bn deal to develop own broadband satellite network by Sorin61
Ah yes. Because private healthcare is going so swell for us right now, and is totally not greedy businessmen leeching off us citizens as much as human possible as they mark up insulin 1000%.
Municipal Internet is a wonderful counterexample to this 'tread harder daddy' ultra-capitalist bootlicking.
DryYogurtcloset492 t1_ixcbr6p wrote
We are far from truly privatized healthcare. It’s not expensive because we have privatization but the opposite. The creation of Medicare increased healthcare costs 60% right off the bat when implemented.
Regulations mean it takes on average 10 years and $1b to bring a new drug to market.
All of the backdoor regulations with patents and inflated prices due to insurance issues are also to blame.
The irony of much of peoples criticism with capitalism is that it’s not free market capitalism to begin with. If we look at the vast majority of the issues people have with our current systems, we find that they’re almost exclusively socialized programs.
In a free market system, greed benefits society. If I want to get rich, I have to create something that benefits a lot of people and convince them to voluntarily give me their money in exchange for this benefit.
In a socialized system, I create laws that force them to give me their money whether they like my offering or not.
Real-Patriotism t1_ixdfhrw wrote
What absolute tripe. I was a Libertarian once too. The real world set me straight.
The regulations you speak of - are to ensure the drug is safe and doesn't kill people or have insane side effects. This is to prevent companies from cutting corners that kill people and do harm. This is a good thing.
Even with all the regulations and cost additions, [Pharmaceuticals still sell their drugs for 500%+ markups.](https://www.pharmaceutical-technology.com/pricing-and-market-access/precise-magnitude-hospital-markups-us/#:~:text=The%20data%20analysis%20indicates%20that,to%20633.6%25%20(leuprolide).
Why? Because they can.
Because sick people cannot shop for market competitive rates, because cancer patients cannot be expected to haggle with their doctors while they're dying.
This is common sense shit. You remove the single guardrail consumers have to protect their interests, their choice, and all you have left is increasingly unfettered greed.
#There are some things that we as a Civilized People should not seek to subject to the profit motive. Human Suffering is among them.
In a free market system, avarice is unleashed and is increasingly what is ailing our society as everything is commoditized as we worship the one true God, the American Dollar.
All instead of helping, protecting, and uplifting the American People. You know, all the things that secure the blessings of liberty to ourselves and our posterity.
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