Message from @ManAnimal
Discord ID: 621783137336426517
It lacks balances to prevent abuse
i never 'trust' a company
As evident by Dysney just cockblocking everything for no fucking reason
I tend to agree, Uksio, but you have to remember there is still scarcity in the market, as with any other, and you'll end with shortages, if you intervene in a manner circumventing profit incentives and so on.
i expect a company to be an asshole if it can get away with it
Yup
make the rules so they can't
Nature of people is greed
So, if you do that, you'll harm innovation.
In the long term, more people then die as a result.
The issue is any law that stops bad people could also stop the good ones
You don't need to interveine
Just introduce checks and balances
So it’s a win lose
Pretty sure path of least resistance triumphs greed
the current system with drugs operates on a 7 yr timeline. u have 7 yrs to make a profit but 4 of those yrs are consumed turning the formula into a pill and getiing fda approval
Like, say a progressive tax of the *number* of re-sells of your stock will put a damper on stock manipulation without changing the market
We could also use other colloquial phrases to pretend we're having a conversation
with only 3 yrs to recoup and make a profit, the companies are incentived to do shady dealing with doctors
Right, which also inflates the costs for consumers, @ManAnimal.
Which creates artificial shortages.
You can always find a dis-/incentivising factor and balance things
not with eveything though
You can't regulate death, sure
Or water damage
pharma is good example cause it illustrates the nessecity to be able to seperate spheres of concern
Water does whatever it pleases, do not fucking argue with water
Ye bad idea
Lower the regulatory burdens for approval and so forth, but the problem isn't merely the 7-year timeline, as there's a loophole in which the patent can be indefinitely renewed, @ManAnimal.
if you cannot, then incentives will actually have the opposite effect
Water is as hard as concrete and will drown your ass
<:mhm:585797806296399905>
this is also true
regulations can turn out to be worse than initial status quo
Fuckups happen
but then without that incentive, fewer drugs will be developed
Pros and cons.
Not a reason to not try to have a revision for a better system
because it just won't be worth the capital investiment up front
*Quotes Mussolini*