Quote:
Originally Posted by issybird
This is what I mean. Once costs are covered, it’s demand that sets price. Why should rights holders have to accept a lower price than they can get/that maximizes their profits?
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I hope this kind of thinking never gets applied to medical stuff. It already has in some instances. I received a one time injection of a drug that was developed in the 1940's. Isuprel specifically. Used to be about $5 a dose, IIRC. My dose? $19,500!!! That was the right's holder "maximizing their profits". Couldn't do anything about it. Insurance paid it.
Another right's holder did the same thing with Epi pens used by people with severe allergies.
I support Capitalism, but one has to admit, there are a few glitches in it when "maximizing their profits" goes unchecked, no questioning allowed.