this post was submitted on 21 Oct 2023
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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markup. Shameful. (mastodon.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago

Well, China, when its ruling organization still had some consistent ideology, was a copy of Stalin's USSR, bigger and weaker, give or take. Only it started later.

Its way off that track started with reforms like Kosygin's reforms, would those not be neutered.

I'd say the reason in China this happened was exactly that it was bigger and weaker. It didn't quite have anything like Soviet industrial establishment, and it had the issues of poverty, hunger etc.