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german_dong | 1 month ago

That's right, but HN clapback derangement syndrome compels me to state another obvious fact of life.

Profit motive is the singlemost powerful motivator for the pharmaceutical industry. Take that away, and let's see how many smart, hard-working people work their butts off to rescue sick children.

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siliconc0w|1 month ago

You could tax people according to their means, record usage, multiply by impact, and disperse accordingly. Set guaranteed purchase orders and x-prize style payouts, etc. Hard but not impossible.

Maybe we get a few less drugs but I'd bet we'd see more curative cheap drugs we need desperately like antibiotics which are an economic dead-end today rather than the cost escalating for-life stop-gaps like statins, diabetes drugs, biologics, ed drugs, hair treatments, etc.