No, and the government should never regulate prices of private businesses
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17 Replies
@VulcanMan6 3yrs3Y
Society's healthcare should have never been privatized to begin with. Private businesses inherently do not operate for the sake of providing for the needs of the public, they operate for the sake of profit; this is a fundamentally anti-societal system that is detrimental to human civilization.
@RIPCharlieRepublican3mos3MO
#8 Engaged Counter Argument #3 Expert Drug Price Regulation
However, the only way they get money in a capitalist system is by providing things people need.
@9FLJ2MY3yrs3Y
Large private businesses have proven time and time again to be untrustworthy. They consistently act to maximize profit, even at the expense of people. Middle and lower-class citizens often cannot afford the medications they need to live. As a result, they either die or live the rest of their life in debt.
@B244DQRLibertarian1yr1Y
The whole reason these medications are as expensive as they are is because of government regulation and IP laws. For example, only three companies are allowed to produce and sell insulin in the United States, despite it being the largest market worldwide. 40 other companies could produce and sell it if government did not allow practices such as evergreening and patent thickening that allow these companies to extend market exclusivity for decades, there would be far more competition. A free market allows constant competition that brings down prices for everyone. Government regulation exists… Read more
@9GX8XBV3yrs3Y
@9FX6VDL3yrs3Y
@9GNTYQC3yrs3Y
Society's healthcare should have never been privatized to begin with. Private businesses inherently do not operate for the sake of providing for the needs of the public, they operate for the sake of profit; this is a fundamentally anti-societal system that is detrimental to human civilization.
@VulcanMan6 3yrs3Y
@9FQF35J3yrs3Y
If drug prices are not regulated by any means, we risk running into the situation where private businesses will withhold essential drugs for medical aid and we will be at the mercy of whatever price they give us no matter how ridiculous. Drug Price Regulation ensures we get a fair price without our lives being used as nudge to take shady prices without relying on the trust of corporations.
@9GK37MV3yrs3Y
Private businesses are corrupted by their intent. The goal is simply to make money without limit, and as such, many business owners forgo their own morals. This means they can restrict medicines to only the highest paying customers, and that leads to a butterfly effect of any non-customers dying or being to small in number to oppose the company as they effectively take over the government. Like, overthrow the government.
@9GG5X6T3yrs3Y
@9FVZV5JRepublican3yrs3Y
@9FC22XN3yrs3Y
@9FCG56Y3yrs3Y
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