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RE: Top 10 Drugs Are On Average 9 Times More Expensive in the US vs the UK - My Personal Research
Big Pharma was one of the largest donators to the Ocare propaganda campaign. Pre-ACA, I paid $5 a month for my scrip. Post ACA, I pay $30
Weird that it should go up - I don't really understand how they can justify it then!
thats the eternal problem with giving the State control over the economy. rent-seekers and do-gooders are going to trade off favors and insane economic demands and the market is going to be the one that suffers
Or maybe the bigger problem is the closeness between the government and large companies? I think we have all seen how they sponsor politicians to favour them.
in this case, these companies (similar to the bankers that wanted "forced" loans earlier in the century) were the rent-seekers, happy to give over control of the market in guarantee for higher payouts.
It doesn't matter if it's crony capitalists or syndicated socialism or Hitlers' "Third Way"; the more a state interferes with a market, the worse that economy will be.
The problem is no government will allow a free market.