Anti-Capitalist Sentiment (with some morality)

[Jack Sawyer]

1. Elysium
2.a. http://articles.economictimes.indiat...-dekkers-bayer
2.b. some commentary on that issue http://youtu.be/cq3S98_m5Fk

[Renton]

1. Elysium
2.a. http://articles.economictimes.indiat...-dekkers-bayer
2.b. some commentary on that issue http://youtu.be/cq3S98_m5Fk

So let me get this straight, TYT is bashing the profit-and-loss system for resulting in the development of a fantastic drug that will improve everyone's lives? How many more decades would it have taken to develop this drug if Bayer hadn't seen an opportunity for future profits, and responded? How many orders of magnitude of a cunt does the CEO of Bayer need to be in order to cancel out the amazing benefits that his company is providing to society? (Answer: 137)

As far as the whole patent stuff, you'll be pleased to know that most free-market advocates are against strict laws concerning intellectual property, and one of the reasons is that they result in monopolies like this that make things like drugs so costly to people.

[Jack Sawyer]

So let me get this straight, TYT is bashing the profit-and-loss system for resulting in the development of a fantastic drug that will improve everyone's lives? How many more decades would it have taken to develop this drug if Bayer hadn't seen an opportunity for future profits, and responded? How many orders of magnitude of a cunt does the CEO of Bayer need to be in order to cancel out the amazing benefits that his company is providing to society? (Answer: 137)

As far as the whole patent stuff, you'll be pleased to know that most free-market advocates are against strict laws concerning intellectual property, and one of the reasons is that they result in monopolies like this that make things like drugs so costly to people.

Define everyone

Cause I assume not everyone can pay upwards of $60K to get well. Also, the situation in Elysium is eerily similar

Once they recoup their losses, will the prices automatically go down? Because I would assume no, since then it's 100% profit for them. How many orders of magnitude of a cunt does the CEO of Bayer need to be in order to cancel out the amazing benefits that his company will get from selling this drug at exactly this same price (or even an increase if it shows to be particularly effective) in the future after having already made up for their R&D investment?

[Renton]

Define everyone

Cause I assume not everyone can pay upwards of $60K to get well. Also, the situation in Elysium is eerily similar

Once they recoup their losses, will the prices automatically go down? Because I would assume no, since then it's 100% profit for them. How many orders of magnitude of a cunt does the CEO of Bayer need to be in order to cancel out the amazing benefits that his company will get from selling this drug at exactly this same price (or even an increase if it shows to be particularly effective) in the future after having already made up for their R&D investment?

Name one case in history where life supporting (or just life improving [or just playstation]) technology hasn't quickly dropped in price to be affordable to the masses after a few months?

Everyone means everyone, eventually. A new product emerges, its gonna be expensive at first. That is standard and there's no way around it, aside from not having the product at alll. You have to provide incentives for innovation, and there they are. The price always comes down. It's just a matter of time.

Actually, even with the strict IP laws, the market would solve this problem. A competitor to Bayer will inevitably make a similar formula that probably improves on the original but is enough different that it doesn't violate the patent, they'll undercut's Bayer's price, and the end result is that there will be more even cheaper and better alternatives.