Cheerful Charlie
Contributor
Pharmaceuticals have risen in price so high that many people cannot afford the drugs they need to survive. In the US high prices and price gouging seem to be out of control. In response, there are now proposals for the US government to take over producing drugs to cut out the pharmaceutical robber barons.
https://truthout.org/articles/remov...ur-pills-the-case-for-a-public-pharma-system/
Removing the Profit From Our Pills: The Case for a Public Pharma System
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Any American who has paid the price of a patent-protected medicine knows the core flaw in the U.S. prescription drug system: our elected leaders have handed over control to profit-hungry corporations. And for-profit corporations gonna for-profit, as the kids would say. That is especially true when the corporations are gifted with long-term monopolies on life-essential medicines, which gives them the leverage to set take-it-or-leave it prices that net billions in revenue extracted from all of us.
It doesn’t have to be this way. That is the message of an exciting new report, Medicine for All: The Case for a Public Option in the Pharmaceutical Industry, by Dana Brown, director of the Next System Project of the organization Democracy Collaborative. “We can displace corporate power over our health and lives by moving toward a democratic, publicly-owned pharmaceutical sector, designed to respond to public health needs and deliver better health outcomes at lower costs,” Brown writes.
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This to me seems to be a good idea. It is time to accept that sometimes, the free market is the problem, not the solution.
https://truthout.org/articles/remov...ur-pills-the-case-for-a-public-pharma-system/
Removing the Profit From Our Pills: The Case for a Public Pharma System
...
Any American who has paid the price of a patent-protected medicine knows the core flaw in the U.S. prescription drug system: our elected leaders have handed over control to profit-hungry corporations. And for-profit corporations gonna for-profit, as the kids would say. That is especially true when the corporations are gifted with long-term monopolies on life-essential medicines, which gives them the leverage to set take-it-or-leave it prices that net billions in revenue extracted from all of us.
It doesn’t have to be this way. That is the message of an exciting new report, Medicine for All: The Case for a Public Option in the Pharmaceutical Industry, by Dana Brown, director of the Next System Project of the organization Democracy Collaborative. “We can displace corporate power over our health and lives by moving toward a democratic, publicly-owned pharmaceutical sector, designed to respond to public health needs and deliver better health outcomes at lower costs,” Brown writes.
...
This to me seems to be a good idea. It is time to accept that sometimes, the free market is the problem, not the solution.