[The Conversation] - Blame capitalism? Why hundreds of decades-old yet vital drugs are nearly impossible to find
[The Conversation] - Blame capitalism? Why hundreds of decades-old yet vital drugs are nearly impossible to find
The shortages, which have been going on for years, have typically affected only low-cost generics rather than profitable brand-name drugs.
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Don't blame capitalism, blame the people who abuse an under-developed social system.
Capitalism isn't the problem. Communism isn't the problem. People are the problem. The system of government is merely an ineffective solution, but any other solution won't be a magic pill unless it addresses the people problem.
Congratulations, you just described capitalism.
It's not a government system, it's an economic one.
I did not describe capitalism at all. I misspoke in my second paragraph, it's a socioeconomic system, since it feeds into how the entire society functions, not just transactions.
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They don't use the mechanisms, they exploit them. Capitalism is at its core about simple value exchange: it takes x man hours to extract a material, y man hours to process them and z man hours to build a product from them. The cost if the good should be (x + y + z) multiplied by a reasonable profit.
Instead, we have businesses paying significantly less than the time cost for the work, while charging significantly more. This abuse and exploitation is the root of the problem that people blame on capitalism - but capitalism isn't the cause of the problem, the cause is the people who exploit.
Similarly, with communism everything is supposed to be fairly distributed. However abusive people exploit the system by establishing themselves as the ones who decide how things should be distributed, and violently silence anyone who disagrees.
Any alternative system must focus on the people problem in order to be an effective solution, not the perceived problem with current systems.