this post was submitted on 13 May 2025
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chapotraphouse
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So why does this guy think this? How does his argument work out? I'm genuinely interested because it is so unfathomable to me that I can't comprehend how he could come to the conclusion that lower drug prices is bad
He claims that profits is what causes new drugs to be invented and that with less profit incentive, then less drugs will be invented. The he implies that more people theoretically die because medicines aren't invented.
It's profit motive, free market nonsense. It doesn't make sense because profits go to the company owner. The people who invent drugs receive a wage. Also many drugs are invented through government research and then sold to private owners.
Oh wow didn't expect a proud turbo lib to be using the capitalist innovation line in such a way. the turbo libs I know don't fall for that one anymore.