Current Events > Pharma exec says he had 'moral requirement' to raise drug price 400%

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Anteaterking 09/11/18 8:52:50 PM #51:	CanuckCowboy posted... Eh I think that's overstating it a bit. There's a world of difference between "we may find a life changing drug" and "hey I might give it some dude or something". I mean I'm not saying I'd buy it if the guy had used it as his reason I'm just saying it sounds a lot better. Right, I'm just saying that it's sort of like "I'm screwing people over NOW to potentially save people later!" which carries with it some implication that the person's behavior changes later. (I know that the 400% increase doesn't directly mean the people using the drug are necessarily paying 400% more) --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:908564567] in Pharma exe... [t:76991907]...</cite> <quote><cite>CanuckCowboy posted...</cite> <quote>Eh I think that's overstating it a bit. There's a world of difference between "we may find a life changing drug" and "hey I might give it some dude or something". I mean I'm not saying I'd buy it if the guy had used it as his reason I'm just saying it sounds a lot better.</quote> Right, I'm just saying that it's sort of like "I'm screwing people over NOW to potentially save people later!" which carries with it some implication that the person's behavior changes later. (I know that the 400% increase doesn't directly mean the people using the drug are necessarily paying 400% more)</quote> ... Copied to Clipboard!
silentwing26x 09/11/18 8:53:55 PM #52:	Intro2Logic posted... silentwing26x posted... Paper_Okami posted... @silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. If the US doesn't have capitalism, then does it exist anywhere? "If a country has terrorist attacks, then does peace exist anywhere?" Do you see how stupid that argument is? You can be a capitalist nation and still have issues in the system, usually stemming from well-intentioned policies/regulations. <cite>silentwing26x posted [p:908564643] in Pharma exe... [t:76991907]...</cite> <quote><cite>Intro2Logic posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>Paper_Okami posted...</cite> <quote>@silentwing26x capitalism at work</quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me.</quote> If the US doesn't have capitalism, then does it exist anywhere?</quote> "If a country has terrorist attacks, then does peace exist anywhere?" Do you see how stupid that argument is? You can be a capitalist nation and still have issues in the system, usually stemming from well-intentioned policies/regulations.</quote> ... Copied to Clipboard!
Questionmarktarius 09/11/18 8:54:00 PM #53:	Intro2Logic posted... silentwing26x posted... Paper_Okami posted... @silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. If the US doesn't have capitalism, then does it exist anywhere? Feudal capitalism is still capitalism, just the crappy kind. <cite>Questionmarktarius posted [p:908564651] in Pharma exe... [t:76991907]...</cite> <quote><cite>Intro2Logic posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>Paper_Okami posted...</cite> <quote>@silentwing26x capitalism at work</quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me.</quote> If the US doesn't have capitalism, then does it exist anywhere?</quote> Feudal capitalism is still capitalism, just the crappy kind.</quote> ... Copied to Clipboard!
legendary_zell 09/11/18 8:54:10 PM #54:	silentwing26x posted... treewojima posted... silentwing26x posted... Paper_Okami posted... silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. you must have a very specific and narrow definition of what capitalism is Dude you really should read a goddam book or something if you think that is what capitalism is. At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails. --- https://imgur.com/0Bi86cp <cite>legendary_zell posted [p:908564664] in Pharma exe... [t:76991907]...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>treewojima posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>Paper_Okami posted...</cite> <quote> silentwing26x capitalism at work</quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me.</quote> you must have a very specific and narrow definition of what capitalism is</quote> Dude you really should read a goddam book or something if you think that is what capitalism is.</quote> At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails.</quote> ... Copied to Clipboard!
Anteaterking 09/11/18 8:54:47 PM #55:	"No true capitalism" over here. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:908564708] in Pharma exe... [t:76991907]...</cite> <quote>"No true capitalism" over here.</quote> ... Copied to Clipboard!
HiddenLurker 09/11/18 8:55:58 PM #56:	frozenshock posted... The Trump administration has pledged to tackle the soaring costs of drug prices, with the president unveiling a plan in May to increase competition, *reduce regulations* and change incentives for players in the pharmaceutical industry. When he announced his plan, President Donald Trump slammed drug makers, health insurers, pharmacy benefit managers and others for profiting off American patients. "The drug lobby is making an absolute fortune at the expense of American patients," Trump said. Appreciate the sentiment Donny, but reducing regulations isn't what's gonna stop people from doing this shit. It's the other way around. Wasn't it "government regulations" that gave epipen their monopoly to over charge people in the first place? --- [Insert tired meme here] <cite>HiddenLurker posted [p:908564775] in Pharma exe... [t:76991907]...</cite> <quote><cite>frozenshock posted...</cite> <quote><quote>The Trump administration has pledged to tackle the soaring costs of drug prices, with the president unveiling a plan in May to increase competition, reduce regulations and change incentives for players in the pharmaceutical industry. When he announced his plan, President Donald Trump slammed drug makers, health insurers, pharmacy benefit managers and others for profiting off American patients. "The drug lobby is making an absolute fortune at the expense of American patients," Trump said.</quote> Appreciate the sentiment Donny, but reducing regulations isn't what's gonna stop people from doing this shit. It's the other way around.</quote> Wasn't it "government regulations" that gave epipen their monopoly to over charge people in the first place?</quote> ... Copied to Clipboard!
Paper_Okami 09/11/18 8:56:26 PM #57:	silentwing26x posted... from well-intentioned policies/regulations. lmao well intentioned my ass --- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie <cite>Paper_Okami posted [p:908564801] in Pharma exe... [t:76991907]...</cite> <quote><cite>silentwing26x posted...</cite> <quote> from well-intentioned policies/regulations.</quote> lmao well intentioned my ass</quote> ... Copied to Clipboard!
silentwing26x 09/11/18 8:57:17 PM #58:	legendary_zell posted... silentwing26x posted... treewojima posted... silentwing26x posted... Paper_Okami posted... silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. you must have a very specific and narrow definition of what capitalism is Dude you really should read a goddam book or something if you think that is what capitalism is. At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails. According to this logic, we'd expect that all the titans of industry from the past would've never been toppled. But that's simply not true. In the top 100 companies today, IIRC most of them are new companies that were formed in the last 20 or less years. What happened to GE? What happened to Kodak? Etc. <cite>silentwing26x posted [p:908564859] in Pharma exe... [t:76991907]...</cite> <quote><cite>legendary_zell posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>treewojima posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>Paper_Okami posted...</cite> <quote> silentwing26x capitalism at work</quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me.</quote> you must have a very specific and narrow definition of what capitalism is</quote> Dude you really should read a goddam book or something if you think that is what capitalism is.</quote> At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails.</quote> According to this logic, we'd expect that all the titans of industry from the past would've never been toppled. But that's simply not true. In the top 100 companies today, IIRC most of them are new companies that were formed in the last 20 or less years. What happened to GE? What happened to Kodak? Etc.</quote> ... Copied to Clipboard!
legendary_zell 09/11/18 9:13:11 PM #59:	silentwing26x posted... legendary_zell posted... silentwing26x posted... treewojima posted... silentwing26x posted... Paper_Okami posted... silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. you must have a very specific and narrow definition of what capitalism is Dude you really should read a goddam book or something if you think that is what capitalism is. At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails. According to this logic, we'd expect that all the titans of industry from the past would've never been toppled. But that's simply not true. In the top 100 companies today, IIRC most of them are new companies that were formed in the last 20 or less years. What happened to GE? What happened to Kodak? Etc. I'm not sure I really get it. You seemed to be saying corporate collusion with government to raise barriers to entry through regulations and government favoritism is why things like this happen. But then you're highlighting new businesses as if to say the barriers to entry aren't actually that high. I'd argue that the huge companies become hulking behemoths that fall behind the time and are chiefly concerned with making safe, steady gains, and other companies exploit obvious gaps that expose how out of date those companies are. I'd say it's during this stage when companies try to collude with the government to block competition, but it doesn't matter when you're selling analog cameras at the start of the digital revolution. The fundamental problem there is that the companies have the power to do this, and you can't limit that power without limiting their speech. That doesn't really apply to examples like the one TC posted though. There are actually high barriers to entry there, but that's due the time and resources to create a new, effective drug. Most of the basic research is actually done/funded by the government, these companies spend most their money on marketing and stock buybacks, not research. Then they price gouge because the demand for the one pill that's keeping x group alive is pretty easy to keep up nearly regardless of price because people enjoy living. --- https://imgur.com/0Bi86cp <cite>legendary_zell posted [p:908565984] in Pharma exe... [t:76991907]...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>legendary_zell posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>treewojima posted...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>Paper_Okami posted...</cite> <quote> silentwing26x capitalism at work</quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me.</quote> you must have a very specific and narrow definition of what capitalism is</quote> Dude you really should read a goddam book or something if you think that is what capitalism is.</quote> At what point do we acknowledge that in a system where money is speech and money buys access, platforms, legitimacy, and influence this is gonna inevitably happen? Any system that allows the wealthy to have such outsized influence is going to end up this way, so it sounds like a pretty inevitable consequence of our form of capitalism, or at least one that would require a lot to separate out. This defense sounds a lot like the "it wasn't true" socialism defense that comes up after a self-proclaimed socialist country fails.</quote> According to this logic, we'd expect that all the titans of industry from the past would've never been toppled. But that's simply not true. In the top 100 companies today, IIRC most of them are new companies that were formed in the last 20 or less years. What happened to GE? What happened to Kodak? Etc.</quote> I'm not sure I really get it. You seemed to be saying corporate collusion with government to raise barriers to entry through regulations and government favoritism is why things like this happen. But then you're highlighting new businesses as if to say the barriers to entry aren't actually that high. I'd argue that the huge companies become hulking behemoths that fall behind the time and are chiefly concerned with making safe, steady gains, and other companies exploit obvious gaps that expose how out of date those companies are. I'd say it's during this stage when companies try to collude with the government to block competition, but it doesn't matter when you're selling analog cameras at the start of the digital revolution. The fundamental problem there is that the companies have the power to do this, and you can't limit that power without limiting their speech. That doesn't really apply to examples like the one TC posted though. There are actually high barriers to entry there, but that's due the time and resources to create a new, effective drug. Most of the basic research is actually done/funded by the government, these companies spend most their money on marketing and stock buybacks, not research. Then they price gouge because the demand for the one pill that's keeping x group alive is pretty easy to keep up nearly regardless of price because people enjoy living.</quote> ... Copied to Clipboard!
treewojima 09/11/18 9:14:14 PM #60:	silentwing26x posted... treewojima posted... silentwing26x posted... Paper_Okami posted... silentwing26x capitalism at work Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. you must have a very specific and narrow definition of what capitalism is Dude you really should read a goddam book or something if you think that is what capitalism is. you're conflating economic systems with political systems. capitalism isn't purely restricted to the laissez faire variety with minimal regulatory oversight regardless of how you want to classify this, it's very obviously the Gordon Gekko approach to business - profit is all that matters, regardless of the wreckage left in your wake <cite>treewojima posted [p:908566060] in Pharma exe... [t:76991907]...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>treewojima posted...</cite> <quote> <cite>silentwing26x posted...</cite> <quote> <cite>Paper_Okami posted...</cite> <quote> silentwing26x capitalism at work </quote> Monopolies that are the product of government bureaucracy preventing competition from taking place != capitalism. Stop tagging me. </quote> you must have a very specific and narrow definition of what capitalism is</quote> Dude you really should read a goddam book or something if you think that is what capitalism is.</quote> you're conflating economic systems with political systems. capitalism isn't purely restricted to the laissez faire variety with minimal regulatory oversight regardless of how you want to classify this, it's very obviously the Gordon Gekko approach to business - profit is all that matters, regardless of the wreckage left in your wake</quote> ... Copied to Clipboard!
hockeybub89 09/11/18 9:16:58 PM #61:	#NotMyCapitalism Seriously tho. Fuck Big Pharma --- http://card.psnprofiles.com/1/NIR_Hockey.png http://www.last.fm/user/hockeybub89/ <cite>hockeybub89 posted [p:908566231] in Pharma exe... [t:76991907]...</cite> <quote>#NotMyCapitalism Seriously tho. Fuck Big Pharma</quote> ... Copied to Clipboard!
hockeybub89 09/11/18 9:18:38 PM #62:	"Capitalism has pulled millions out of poverty and pushed innovation. America is great." "America is not an example of capitalism" Proudclad logic --- http://card.psnprofiles.com/1/NIR_Hockey.png http://www.last.fm/user/hockeybub89/ <cite>hockeybub89 posted [p:908566337] in Pharma exe... [t:76991907]...</cite> <quote>"Capitalism has pulled millions out of poverty and pushed innovation. America is great." "America is not an example of capitalism" Proudclad logic</quote> ... Copied to Clipboard!
VTBM 09/11/18 10:01:08 PM #63:	Insurance pays for it --- http://darkvisionsofterror.bandcamp.com/ https://imgur.com/e7sCCSb http://i.imgtc.com/AlmbdTG49T.jpg <cite>VTBM posted [p:908569002] in Pharma exe... [t:76991907]...</cite> <quote>Insurance pays for it</quote> ... Copied to Clipboard!
FightingGames 09/11/18 10:03:02 PM #64:	the drug is gonna be pennies when amazon gets into the pharmacy and R&D market --- https://my.mixtape.moe/whapui.webm <cite>FightingGames posted [p:908569128] in Pharma exe... [t:76991907]...</cite> <quote>the drug is gonna be pennies when amazon gets into the pharmacy and R&D market</quote> ... Copied to Clipboard!
P4wn4g3 09/11/18 10:05:13 PM #65:	fun --- 7D ChessMaster of Dark Aether https://www.gamefaqs.com/boards/851-dark-aether <cite>P4wn4g3 posted [p:908569257] in Pharma exe... [t:76991907]...</cite> <quote>fun</quote> ... Copied to Clipboard!
DemonBuffet 09/11/18 10:07:08 PM #66:	FightingGames posted... the drug is gonna be pennies when amazon gets into the pharmacy and R&D market I cant wait for the day Amazon takes it upon themselves to develop drugs at extremely competitive prices. I understand research and development is a very real thing that needs to be funded, but Amazon swims in cash and r&d wont be an issue to them. It just mean r&d will have to be carefully conducted to not screw customers out of their life saving drugs. --- Trololol <cite>DemonBuffet posted [p:908569351] in Pharma exe... [t:76991907]...</cite> <quote><cite>FightingGames posted...</cite> <quote>the drug is gonna be pennies when amazon gets into the pharmacy and R&D market</quote> I cant wait for the day Amazon takes it upon themselves to develop drugs at extremely competitive prices. I understand research and development is a very real thing that needs to be funded, but Amazon swims in cash and r&d wont be an issue to them. It just mean r&d will have to be carefully conducted to not screw customers out of their life saving drugs.</quote> ... Copied to Clipboard!
UnfairRepresent 09/12/18 6:18:59 AM #67:	DemonBuffet posted... I understand research and development is a very real thing that needs to be funded, but Amazon swims in cash and r&d wont be an issue to them. It just mean r&d will have to be carefully conducted to not screw customers out of their life saving drugs. This is just flat out isn't true. No way you can "Carefully construct" R&D in a way which means you can expand despite not making money. Up to you whether or not cheap drugs is worth the tradeoff but don't kid yourself, it is an either/or situation --- ^ Hey now that's completely unfair. https://imgtc.com/i/14JHfrt.jpg <cite>UnfairRepresent posted [p:908585949] in Pharma exe... [t:76991907]...</cite> <quote><cite>DemonBuffet posted...</cite> <quote> I understand research and development is a very real thing that needs to be funded, but Amazon swims in cash and r&d wont be an issue to them. It just mean r&d will have to be carefully conducted to not screw customers out of their life saving drugs.</quote> This is just flat out isn't true. No way you can "Carefully construct" R&D in a way which means you can expand despite not making money. Up to you whether or not cheap drugs is worth the tradeoff but don't kid yourself, it is an either/or situation</quote> ... Copied to Clipboard!
frogman_295 09/12/18 6:22:24 AM #68:	Pharmaceutical s especially those involved in making psychiatric drugs are so full of Shit. --- Pastor of Muppets <cite>frogman_295 posted [p:908586007] in Pharma exe... [t:76991907]...</cite> <quote>Pharmaceutical s especially those involved in making psychiatric drugs are so full of Shit.</quote> ... Copied to Clipboard!
LightningAce11 09/12/18 6:23:59 AM #69:	If he really wanted to help people, he'd take a lower salary and put the rest into R and D. --- "I'm an atheist too but still believe in hell. That's where you're headed pal." - Mr_Karate_II <cite>LightningAce11 posted [p:908586043] in Pharma exe... [t:76991907]...</cite> <quote>If he really wanted to help people, he'd take a lower salary and put the rest into R and D.</quote> ... Copied to Clipboard!
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TheRealDill2000 09/12/18 7:02:12 AM #71:	Zodd3224 posted... People still respond to RealDill like he's an actual person? Instead of having a reasonable discussion, you're just telling people to ignore me. Is this purely because my views on this topic don't match yours? --- CE's source of sagely advice #BLM <cite>TheRealDill2000 posted [p:908586909] in Pharma exe... [t:76991907]...</cite> <quote><cite>Zodd3224 posted...</cite> <quote>People still respond to RealDill like he's an actual person?</quote> Instead of having a reasonable discussion, you're just telling people to ignore me. Is this purely because my views on this topic don't match yours?</quote> ... Copied to Clipboard!
Coffeebeanz 09/12/18 7:52:20 AM #72:	M_Live posted... Ban big Pharma. But literally. It baffles me that the US is pretty much the only first world country that deals with this kind of shit in regards to healthcare Because the rest of the world is okay with doctors telling patients no. --- Physician [Internal Medicine] <cite>Coffeebeanz posted [p:908588174] in Pharma exe... [t:76991907]...</cite> <quote><cite>M_Live posted...</cite> <quote>Ban big Pharma. But literally. It baffles me that the US is pretty much the only first world country that deals with this kind of shit in regards to healthcare</quote> Because the rest of the world is okay with doctors telling patients no.</quote> ... Copied to Clipboard!
Mist_Turnips 09/12/18 7:58:55 AM #73:	Interesting seeing CEmen wish for physical harm over this. --- Posted with GameRaven 3.5.1 <cite>Mist_Turnips posted [p:908588366] in Pharma exe... [t:76991907]...</cite> <quote>Interesting seeing CEmen wish for physical harm over this.</quote> ... Copied to Clipboard!
Kineth 09/12/18 8:04:07 AM #74:	Hooray for capitalism barf --- "I don't think anyone seriously thinks that Trump supporters orgasm when they see racism in the news." - Me, reassuring Ammonitida <cite>Kineth posted [p:908588543] in Pharma exe... [t:76991907]...</cite> <quote>Hooray for capitalism barf</quote> ... Copied to Clipboard!
Rexdragon125 09/12/18 8:05:14 AM #75:	It's the end goal of capitalism to establish monopolies, sometimes by buying legislation. Competition cuts into potential profits. <cite>Rexdragon125 posted [p:908588576] in Pharma exe... [t:76991907]...</cite> <quote>It's the end goal of capitalism to establish monopolies, sometimes by buying legislation. Competition cuts into potential profits.</quote> ... Copied to Clipboard!
Turtlebread 09/12/18 8:10:17 AM #76:	Mist_Turnips posted... Interesting seeing CEmen wish for physical harm over this. Apparently we can justify anything we want to as long as we call it a moral requirement so whats wrong with adding physical harm to that list --- https://imgur.com/yCW15Zn <cite>Turtlebread posted [p:908588705] in Pharma exe... [t:76991907]...</cite> <quote><cite>Mist_Turnips posted...</cite> <quote>Interesting seeing CEmen wish for physical harm over this.</quote> Apparently we can justify anything we want to as long as we call it a moral requirement so whats wrong with adding physical harm to that list</quote> ... Copied to Clipboard!
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Coffeebeanz 09/12/18 8:22:28 AM #78:	Godnorgosh posted... Dragonblade01 posted... While capitalism can absolutely result in this outcome, it's inappropriate to blame capitalism in situations where someone has taken it upon themselves to extract moral obligation from systems of economy. People don't just "take it upon themselves," though. The foundation of their morality is the system that has enabled them to profit at others' expense. Capitalism produces this ideology. Being a human produces this ideology. The fundamental failing of other forms of Economics is the assumption that humanity is fundamentally good --- Physician [Internal Medicine] <cite>Coffeebeanz posted [p:908589065] in Pharma exe... [t:76991907]...</cite> <quote><cite>Godnorgosh posted...</cite> <quote><cite>Dragonblade01 posted...</cite> <quote>While capitalism can absolutely result in this outcome, it's inappropriate to blame capitalism in situations where someone has taken it upon themselves to extract moral obligation from systems of economy.</quote> People don't just "take it upon themselves," though. The foundation of their morality is the system that has enabled them to profit at others' expense. Capitalism produces this ideology.</quote> Being a human produces this ideology. The fundamental failing of other forms of Economics is the assumption that humanity is fundamentally good</quote> ... Copied to Clipboard!
karlpilkington4 09/12/18 8:32:06 AM #79:	I don't know about this case, but with Martin Shkreli, he literally gave his drugs away to people who couldn't afford them. He only charged that much to insurance companies I believe. And again, by making more money you're able to develop even more cutting edge drugs. It's not rocket science, its business. Most people are broke and don't contribute jack ** to the world, so opinions on this are coming from broke and uneducated people. --- Is this the Krusty Krab? No this is Patrick!! <cite>karlpilkington4 posted [p:908589363] in Pharma exe... [t:76991907]...</cite> <quote>I don't know about this case, but with Martin Shkreli, he literally gave his drugs away to people who couldn't afford them. He only charged that much to insurance companies I believe. And again, by making more money you're able to develop even more cutting edge drugs. It's not rocket science, its business. Most people are broke and don't contribute jack ** to the world, so opinions on this are coming from broke and uneducated people.</quote> ... Copied to Clipboard!
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Coffeebeanz 09/12/18 9:06:04 AM #81:	Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes. --- Physician [Internal Medicine] <cite>Coffeebeanz posted [p:908590558] in Pharma exe... [t:76991907]...</cite> <quote>Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes.</quote> ... Copied to Clipboard!
Kineth 09/12/18 9:07:13 AM #82:	Coffeebeanz posted... Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes. No, it doesn't and that's just not a true assertion that communal economies, like a municipality's economy, have all collapsed. --- "I don't think anyone seriously thinks that Trump supporters orgasm when they see racism in the news." - Me, reassuring Ammonitida <cite>Kineth posted [p:908590602] in Pharma exe... [t:76991907]...</cite> <quote><cite>Coffeebeanz posted...</cite> <quote>Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes.</quote> No, it doesn't and that's just not a true assertion that communal economies, like a municipality's economy, have all collapsed.</quote> ... Copied to Clipboard!
Lordgold666 09/12/18 9:07:41 AM #83:	Wow --- 3DS: 1848-2391-0198 "May the Father of Understanding guide us" <cite>Lordgold666 posted [p:908590618] in Pharma exe... [t:76991907]...</cite> <quote>Wow</quote> ... Copied to Clipboard!
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Questionmarktarius 09/12/18 9:58:57 AM #86:	Coffeebeanz posted... Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes. Everything decays back into feudalism eventually. <cite>Questionmarktarius posted [p:908592859] in Pharma exe... [t:76991907]...</cite> <quote><cite>Coffeebeanz posted...</cite> <quote>Yes, that explains why modern attempts at communal economics have all collapsed into authoritarian regimes.</quote> Everything decays back into feudalism eventually.</quote> ... Copied to Clipboard!
Ruvan22 09/12/18 10:07:09 AM #87:	karlpilkington4 posted... I don't know about this case, but with Martin Shkreli, he literally gave his drugs away to people who couldn't afford them. He only charged that much to insurance companies I believe. And again, by making more money you're able to develop even more cutting edge drugs. It's not rocket science, its business. Most people are broke and don't contribute jack ** to the world, so opinions on this are coming from broke and uneducated people. So more than 50% of people are "broke and don't contribute to the world"? Do you have a source for this? <cite>Ruvan22 posted [p:908593295] in Pharma exe... [t:76991907]...</cite> <quote><cite>karlpilkington4 posted...</cite> <quote>I don't know about this case, but with Martin Shkreli, he literally gave his drugs away to people who couldn't afford them. He only charged that much to insurance companies I believe. And again, by making more money you're able to develop even more cutting edge drugs. It's not rocket science, its business. Most people are broke and don't contribute jack ** to the world, so opinions on this are coming from broke and uneducated people.</quote> So more than 50% of people are "broke and don't contribute to the world"? Do you have a source for this?</quote> ... Copied to Clipboard!
Giant_Aspirin 09/12/18 10:11:55 AM #88:	this represents everything wrong with for-profit health care. these psychopaths place profit above people's health --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey *(~);} - I suppose it will all make sense when we grow up - {;(~)* <cite>Giant_Aspirin posted [p:908593500] in Pharma exe... [t:76991907]...</cite> <quote>this represents everything wrong with for-profit health care. these psychopaths place profit above people's health</quote> ... Copied to Clipboard!
Balrog0 09/12/18 10:15:34 AM #89:	Giant_Aspirin posted... this represents everything wrong with for-profit health care Also, while I think the theoretical argument that 'we need high prices to pay for R&D' has some value, empirically it doesn't seem to matter: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2866602/ --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:908593665] in Pharma exe... [t:76991907]...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote>this represents everything wrong with for-profit health care</quote> Also, while I think the theoretical argument that 'we need high prices to pay for R&D' has some value, empirically it doesn't seem to matter: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2866602/</quote> ... Copied to Clipboard!
Questionmarktarius 09/12/18 10:16:05 AM #90:	Giant_Aspirin posted... this represents everything wrong with for-profit health care. these psychopaths place profit above people's health So do grocers. <cite>Questionmarktarius posted [p:908593692] in Pharma exe... [t:76991907]...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote>this represents everything wrong with for-profit health care. these psychopaths place profit above people's health</quote> So do grocers.</quote> ... Copied to Clipboard!
E32005 09/12/18 10:17:03 AM #91:	LanHikari10 posted... That's freaking disgusting. I can't believe how despicable some can be. --- https://i.imgtc.com/IR4XrBA.gif https://i.imgtc.com/7X1rBRv.gif <cite>E32005 posted [p:908593727] in Pharma exe... [t:76991907]...</cite> <quote><cite>LanHikari10 posted...</cite> <quote>That's freaking disgusting. I can't believe how despicable some can be.</quote></quote> ... Copied to Clipboard!
Balrog0 09/12/18 10:17:24 AM #92:	Questionmarktarius posted... Giant_Aspirin posted... this represents everything wrong with for-profit health care. these psychopaths place profit above people's health So do grocers. Walmart isn't very popular either --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:908593746] in Pharma exe... [t:76991907]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote>this represents everything wrong with for-profit health care. these psychopaths place profit above people's health</quote> So do grocers.</quote> Walmart isn't very popular either</quote> ... Copied to Clipboard!
Questionmarktarius 09/12/18 10:21:16 AM #93:	Balrog0 posted... Questionmarktarius posted... Giant_Aspirin posted... this represents everything wrong with for-profit health care. these psychopaths place profit above people's health So do grocers. Walmart isn't very popular either Walmart, at the very least, has the price marked right on the shelf, prior to the transaction. <cite>Questionmarktarius posted [p:908593922] in Pharma exe... [t:76991907]...</cite> <quote><cite>Balrog0 posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote>this represents everything wrong with for-profit health care. these psychopaths place profit above people's health</quote> So do grocers.</quote> Walmart isn't very popular either</quote> Walmart, at the very least, has the price marked right on the shelf, prior to the transaction.</quote> ... Copied to Clipboard!
KamenRiderBlade 09/12/18 8:20:57 PM #94:	I have a 'moral requirement' to gather a lynch mob and tar & feather the sod. --- Are you a MexiCAN or a MexiCAN'T - Johnny Depp '*Once Upon A Time in Mexico*' <cite>KamenRiderBlade posted [p:908627733] in Pharma exe... [t:76991907]...</cite> <quote>I have a 'moral requirement' to gather a lynch mob and tar & feather the sod.</quote> ... Copied to Clipboard!
Giant_Aspirin 09/12/18 8:30:16 PM #95:	Questionmarktarius posted... Giant_Aspirin posted... this represents everything wrong with for-profit health care. these psychopaths place profit above people's health So do grocers. grocers aren't granted exclusive patents on live saving items like drug companies are. your analogy might have some validity if one specific grocer was granted exclusive rights to sell a staple of basic nutrition, like milk or bread, but that's not the case. --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey *(~);} - I suppose it will all make sense when we grow up - {;(~)* <cite>Giant_Aspirin posted [p:908628318] in Pharma exe... [t:76991907]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Giant_Aspirin posted...</cite> <quote>this represents everything wrong with for-profit health care. these psychopaths place profit above people's health</quote> So do grocers.</quote> grocers aren't granted exclusive patents on live saving items like drug companies are. your analogy might have some validity if one specific grocer was granted exclusive rights to sell a staple of basic nutrition, like milk or bread, but that's not the case.</quote> ... Copied to Clipboard!
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Current Events > Pharma exec says he had 'moral requirement' to raise drug price 400% (+) Yeah! (+)

Current Events > Pharma exec says he had 'moral requirement' to raise drug price 400%