this post was submitted on 23 Aug 2023
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Insulin prices in the US is a great example of this. It's not about being competitive, it's about charging the absolute highest amount they can possibly get away with.
Insulin prices would be a lot lower if more people were allowed to produce and sell it.
It's not a question of not being allowed to produce it, it's anti-competitive practices by the pharmaceuticals industry, which capitalism rewards.
Source
Source
You are going to use medicine that some Joe made in his garage?