America is very close to being real market economy, that’s why it sucks so much.
According to https://www.heritage.org/index/ranking for instance, there are 24 countries in the world with freer economy than USA.
The right wing, climate change denying, Heritage Foundation is not a reliable source. That’s nowhere near an unbiased analysis, but an opinion piece. No one can seriously believe the US to be less “free market” than like half of western Europe.
That’s like asking the North Korean government to create an index of democracy.
And that’s why we have barriers to entry stifling competition lobbied for by the big players in said industry? Insulin is only the price it is because the government enforces the patent that says pfizer is allowed to have a monopoly on it, if other people were able to produce and sell affordable generics pfizer would have to drop their price or go out of business, but if you try the government comes, kidnaps you, and if you resist kidnapping, kills you.
Try to sell a product that the government decides you owe them money for: Weed? Jail. Moonshine? Jail. Weed in a legal state but didn’t break off the 50% protection money to the government? Jail. Unlicensed insulin? Jail. Drawing of a mouse too close to a famous one? Jail.
The US has what is called crony capitalism, not free market capitalism. Free market capitalism economy is what the Agorists like SEKIII want (but they refuse to call capitalism arguing that “real capitalism” is crony capitalism and “free market economies” are not “capitalist” at all and is actually leftist in nature.)
Crony capitalism is just capitalism. The agorist free market capitalism is just starting the whole thing over under the mistaken belief that it’ll end up different.
Lol, what utter bullshit.
Pfizer doesn’t have a monopoly on insulin, it’s primarily produced by Eli Lilly (who were the first), Novo Nordisk and Sanofi.
„The government“ also doesn’t „enforce“ patents, companies have found a way to make small changes to drugs to keep them perpetually patented. The recent price drops of insulin in the US are the *result of government intervention *.
Please do get lost with you Alex Jones r/conspiracy drivel, thx.
And that’s why we have barriers to entry stifling competition lobbied for by the big players in said industry?
Yes. That’s how capitalism operates. There is nothing in capitalist system that prevents monopolies from happening, in fact they kind of encouraged. And patent system is as capitalist as it gets. It was born as an answer to a question “how do we collectively insure that companies can own everything they want to own”, and the government exists to enforce the rules that rich people and companies want to have (getting back to lobbying). If you get rid of the government, you will get cyberpunk corporate wars, and then when people will get tired of that, they will come up with the same government-like structure.
