id590543403
“It’s important to draw a distinction between regulating and negotiating,” said Lazonick. “The drug companies should be regulated — that is, the government should figure out what these companies need, the way you would with utility regulation and say, ‘Okay here’s what your drug price can be.’ In other countries, it’s not really a matter of negotiation.”
✏️ This is where we see the power of capitalism. They’ve made it so a government feels it can only negotiate on life-saving drugs instead of actually regulate it.
Link to original
🔗 View Highlight