And there are no long queues for healthcare where I live. Service is cheap and insurance is nationalized.
It literally does. The costs of producing drugs are mostly borne by the US market, allowing drug manufacturers to charge less elsewhere while still investing the billions of dollars necessary to develop the drugs.
If it’s not for the benefit of the world, then it’s for its own benefit. Someone is profiting from this. There’s no charity happening here.
In fact, there are European-HQ'd pharma companies that also make the lion's share of their profits in the US - so that's certainly not benefiting the US.
If your government wants to give even more profits to big pharma then go ahead, just don’t claim everyone else should be thankful.
They did not claim that.
>> it’s good to let people die because they’re poor
They didn't say that either.
What dishonest responses...
- Why doesn’t this happen in other fields? Why don’t we pay 10x more for iPhones?
- When did the american public chose to engage in this magnanimous largesse?
More likely it’s a scam and regulatory capture
So it's a mix of pharma lobbying and also altruism.
For example the prohibition on importing drugs from other countries, or the rules that prevent medicare from negotiating price for drugs
Of course there's also a certain amount of waste, fraud, and abuse that inflate our costs.
https://peterattiamd.com/saumsutaria/