| ▲ | Aurornis 5 hours ago | |
> This is interesting because the USA claims to pursue a maximum capitalistic society I don’t know why you think this. The US is not a maximally capitalist society. The reason drug prices are so high is due to regulations restriction who can manufacture them due to government-granted temporary monopolies through patent law. If the US was maximally capitalist it would be a free for all with no patent protection. | ||
| ▲ | simiones 3 hours ago | parent | next [-] | |
> If the US was maximally capitalist it would be a free for all with no patent protection. The much more likely alternative in a maximally capitalist / free market maximalist society would be keeping all drug formulas as trade secrets, and thereby having all drugs as branded, no generics whatsoever (or few - perhaps some substances could be reverse engineered). In such a society, having the state force companies to publish their formulas would be seen as unacceptable interference in the free market, almost certainly. | ||
| ▲ | vjvjvjvjghv 4 hours ago | parent | prev [-] | |
You are confusing capitalism with competitive markets. These are very different things. | ||