Don't be ridiculous. You proposed a extremely simplistic scenario. Changing the scenario will of course change my answer. Making it realistic - like adding patents - means getting rid of the nonsense about some druggist making some miracle drug by changing some material. Making a drug requires a large company, years of research, design, and testing, and then years to get government approval.aka, I never even said anything postive nor negative against patents, my "moan" was reminding you that they exist. Then you attacked me reminding you they existed, saying I am hurting the poor companies, when it was you who said "what's to stop companies from simply producing the drug as well?"
Is this the end of the free market ideology for Crazed Rabbit? The distressed he showed as he basically attacked his own question? Will this expose the other hypocrisies in his logic and he will turn to the light? Tune in next time.
Patents are part of the free market, like copyrights on books. And the free market effects monopoly pricing as well - driving the cost of a product down to a price that leads to the most profitability overall, not for the most profit per individual drug sold. The druggist in your example doesn't understand the free market. A savvy company might practice stratified pricing - charging more for those willing to pay for it and less for those who aren't able to pay as much. One real life example is Australia's high video game prices.
You say there's a gap in my logic? Can you answer me this; what would happen if you took away patents and put price controls on all drugs? Almost no new drugs. That's no mere hole in your logic, it's an abyss. It represents a fundamental ignorance about how taking incentives away will stop people from creating products and inanely assumes that such creation will always continue and companies can just be forced to sell products for cheaper with no consequence on supply.
Patents for drugs last 20 years. But since companies apply for patents while developing the drugs, and since testing and government approval takes so long, the applicable length is less than 15 years.To counter Beskar's example you even said other companies would start producing the drug and the price would go down via free market, but that is not possible with patents, except if they can find a different drug with similar effects.
So at first you go and praise the free market and then you say patents are necessary because on a free market the companies couldn't survive.
So how could the companies solve this problem on a free market or does the free market fail whenever reasearch and developent are involved?
Maybe there should be a maximum length for patents, like one or two years, so the companies can get their R&D costs back and then the free market takes over?
Lol, it's like racism, but with class instead of race.I don't want some one randomly born from a family of interbreeding to have the at least the equivalent of 3,135 votes compared to my one, even though I can make a far superior choice than they could.
I don't like the idea of dividing up classes and giving each one an equal share in government. First, it goes against one man, one vote. Secondly, it assumes that class is the best divisor of society. Third, I'm focusing on limiting the franchise for those who pay more to the IRS than they receive in checks, food stamps, etc., from the government.Why think in terms of votes? Votes have no value in and of themselves, instead they are simply the means by which we gain our representation. Therefore, instead of dealing with the mechanics of voting, my system tackles representation more directly, giving every person an equal voice in parliament. You still have not adressed the issue whereby the interests of 30% of the population will be wholly made redundant in your system.
CR
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