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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Capitalism at work
#22279897 - 09/23/15 05:49 PM (8 years, 4 months ago) |
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Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
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hostileuniverse
Stranger



Registered: 05/14/15
Posts: 8,602
Loc: 'Merica
Last seen: 6 years, 7 months
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Quote:
Bigbadwooof said:
Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
Would you rather them go without? Where was your leftist losers like bill gates and george Soros to buy the rights and hand them out for free???
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 1 hour, 23 minutes
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Quote:
hostileuniverse said:
Quote:
Bigbadwooof said:
Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
Would you rather them go without? Where was your leftist losers like bill gates and george Soros to buy the rights and hand them out for free???
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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Quote:
hostileuniverse said:
Quote:
Bigbadwooof said:
Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
Would you rather them go without? Where was your leftist losers like bill gates and george Soros to buy the rights and hand them out for free???
Wow...
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
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hostileuniverse
Stranger



Registered: 05/14/15
Posts: 8,602
Loc: 'Merica
Last seen: 6 years, 7 months
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So, just so I'm clear on this, you two don't want pharmaceutical companies to raise money for research and development? Is that right?
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 1 hour, 23 minutes
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Yes I definitely hate brussel sprouts.
Woof, now your turn for a ridiculous non sequitur.
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Sulfurshelfsean
Defender of Cubes



Registered: 07/29/10
Posts: 3,942
Last seen: 13 hours, 26 minutes
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Once everyone who needs the drug dies because they can't afford it anymore, how will he raise money to make a better drug?
Hell now that more than half of the people who are on it can't afford it he won't make a dime...
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   Everything is better when it is done ON TOP OF A MOUNTAIN!
Edited by Sulfurshelfsean (09/24/15 01:22 PM)
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Sulfurshelfsean
Defender of Cubes



Registered: 07/29/10
Posts: 3,942
Last seen: 13 hours, 26 minutes
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http://money.cnn.com/2015/09/22/investing/daraprim-aids-drug-price/ "I guess some people think Daraprim access will decline instead of increase. I guarantee better access at lower prices to patients than ever," tweeted Shkreli."
Um....duh.At least he's dropping the price.
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   Everything is better when it is done ON TOP OF A MOUNTAIN!
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 7 months
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Why is this not generic? It has been around forever.
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psyconaught
Chemical Connoisseur


Registered: 11/04/10
Posts: 6,100
Last seen: 7 years, 2 months
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Quote:
Bigbadwooof said:
Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
you do realize government enforcing an artificial monopoly (copyright) is not capitalism right?
-------------------- Think for yourself, question authority
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paperbackwriter
Edward Lear


Registered: 03/31/14
Posts: 1,888
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^^ Considering the patent expired and this is a natural monopoly created by lack of competition I think BBW is right on the money.
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zappaisgod said: Why is this not generic? It has been around forever.
Apparently this is the generic. No one's competing with him so he's jacking up the price because he can.
http://www.vox.com/2015/9/22/9373557/daraprim-competitor-turing
-------------------- Why should we strive with cynic frown To knock their fairy castles down? ~ Eliza Cook It's rather embarrassing to have given one's entire life to pondering the human predicament and to find that in the end one has little more to say than, 'Try to be a little kinder.' ~Aldous Huxley
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Turtletotem
Dutch Delight



Registered: 09/02/13
Posts: 3,763
Last seen: 4 years, 11 months
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It is good to see the whole system is collapsing. This has been happening for some time now, people are waking up to the fact that we haven't had a free market system in a long, long time.
Let's burn down the mansions and display the CEO's in the street!
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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Quote:
The Ecstatic said: Yes I definitely hate brussel sprouts.
Woof, now your turn for a ridiculous non sequitur.
I like cheese... only when it's on things though. Not.. just cheese.
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Quote:
psyconaught said:
Quote:
Bigbadwooof said:
Quote:
Turing Pharmaceuticals and its CEO Martin Shkreli were the subject of significant criticism on Monday after the company boosted the price of the toxoplasmosis treatment Daraprim by over 5,000% after acquiring the drug in August... they increased the cost of Daraprim to $750 a pill from $13.50.
http://fortune.com/2015/09/21/turing-pharmaceuticals-martin-shkreli-response/
This asshole bought the rights to a drug primarily used in AIDs patients when then get certain infections, and raised the price astronomically. Quite the tenacious 'Entrepreneur', hmm? Or better yet, a Capitalist.
you do realize government enforcing an artificial monopoly (copyright) is not capitalism right?
Sure it is.
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
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starfire_xes
I Am 'They'



Registered: 10/24/09
Posts: 21,590
Loc: Dallas with all the assho...
Last seen: 7 months, 2 days
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no it isn't. it's cronyism.
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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Quote:
starfire_xes said: no it isn't. it's cronyism.
A side effect of Capitalism.
Marx predicted everything would play out exactly as it has, with regard to Capitalism.
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
Edited by Bigbadwooof (09/25/15 11:59 PM)
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burgerbrain
Freedom Lover


Registered: 09/18/15
Posts: 962
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Without Capitalism those "generic medications" wouldn't exist to compete with the brand name drugs.
Without Capitalism, this drug wouldn't even exist because nobody would take the time and money to develop it.
Fuck I love Capitalism.
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,863
Loc: Foreign Lands
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i always get a laugh out of people who see capitalism as a sort of social darwinism, that guarantees the most compensation to the most valuable people etc etc. anyone can pull themselves up by their own bootstraps and the cream rises to the top yadda yadda yadda. The whole mentality ignores inheritance. Even if there were a law tomorrow outlawing any kind of inheritance, the children of wealthy people would naturally be the beneficiaries of the privileges of wealth(at least as children). Therefore, capitalism can only live up to the ruggedly fair ideals that people often ascribe to it for one hypothetical generation at most, and could only yield the true "cream" if everyone was stripped of all wealth, or had wealth redistributed equitably before the exercise was started.
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Like cannabis topics? Read my cannabis blog here
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Bigbadwooof
Trumps Bone Spurs




Registered: 12/07/13
Posts: 13,347
Last seen: 48 minutes
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Quote:
burgerbrain said: Without Capitalism those "generic medications" wouldn't exist to compete with the brand name drugs.
Without Capitalism, this drug wouldn't even exist because nobody would take the time and money to develop it.
Fuck I love Capitalism.
Russia produced many many drugs while under Communism. So did the Nazi's under Fascism. Many of which we use today. Capitalism is just another economic system, and it is shaking the entire world negatively.
-------------------- "It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti FARTS "There is no need for conspiracy where interests converge" - George Carlin Every one of you should see this video. "If you bombard the earth with photons for a while, it can emit a roadster" - Andrej Kerpathy
 
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burgerbrain
Freedom Lover


Registered: 09/18/15
Posts: 962
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How was Russia for the citizens during communism? Did they get access to these newly developed Russian communism drugs as if it were a free market?
R&D can be performed by governments but at a much greater cost to everyone involved- and a much worse result
Capitalism is wonderful.
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