Memes

45625 readers

1428 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

630

Capitalism CookBook: Take an invention which the inventor wanted to be accessible to everyone and make it 57 times more expensive than it costed to make it 🧐🎩 (i.imgur.com)

submitted 1 year ago by [email protected] to c/[email protected]

30 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 year ago

Unless they sell the new insulin at cost, then no, they don’t get to charge more for the existing product.

They always say that they charge more to pay for the risk from R&D, but having people pay more an existing product to finance future R&D is the complete opposite of that.

This is why some stuff should never be handled by private corporations.