Quote:
Originally Posted by sammyg2
Lots of BS and misinformation in this thread.
People who can't tell capitalism from a hole in the ground talking as if were experts.
THE ULTIMATE GOAL OF CAPITALISM IS BALANCE!!!!!!!!!
Balance of supply and demand, cost vs. value.
Why do we allow one company to have a SHORT-TERM monopoly on a certain drug? To cover the cost of research and development which can be in the tens of millions.
What happens when that short-term expires? GENERIC competition which drives the price down significantly. It's typically 20 years.
If this drug is 62 years old, I would expect the patent to be expired and anyone could make it.
If there is really a demand for this drug, you can bet he will be under-cut big time and will either lower his price down to below what it was before, or go out of biddness.
THAT is capitalism.
In it's true form, without gubmint manipulation, it adjusts and corrects and fixes irregularities and fluxuations.
It is beautiful in it's perfection.
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Haven't read up on this much, have you ?