RedC
Votes Fine Gael.
- Joined
- Feb 19, 2011
- Messages
- 6,889
This thread got really boring really fast.
Modern day corporate socialism then I guess.It’s not really “public research” they’re funding. This is the US after all. The investment they made in the development of mRNA vaccines, for example, was a grant paid to Moderna, a privately owned pharma company.
Yet we also are struggling to make sense of this unconscionable act and the vitriol that has been directed at our colleagues who have been barraged by threats. No employees — be they the people who answer customer calls or nurses who visit patients in their homes — should have to fear for their and their loved ones’ safety.
We know the health system does not work as well as it should, and we understand people’s frustrations with it. No one would design a system like the one we have.
Modern day corporate socialism then I guess.
And people wonder why there's so much public sport for CEO huntingThat's the only socialism some will allow, like the bank bailout.
Do people wonder why though? Surely everyone knows.And people wonder why there's so much public sport for CEO hunting
Well there were definitely a couple earlier in this thread but you're right, most people were on the same page immediatelyDo people wonder why though? Surely everyone knows.
At best you half some arsed argument that the structure is inevitable instead of by design. The reason this is so monumental is that it's almost logical and an idea that date back centuries. Wilde even addressed it in his essay, The Soul of man under Socialism.
I think was a joke about how huge swathes of the US views any public funding of services and institutions as socialism. Apart from military and law enforcement, interestingly.It’s not really “public research” they’re funding. This is the US after all. The investment they made in the development of mRNA vaccines, for example, was a grant paid to Moderna, a privately owned pharma company.
Even they know why though.Well there were definitely a couple earlier in this thread but you're right, most people were on the same page immediately
It’s not really “public research” they’re funding. This is the US after all. The investment they made in the development of mRNA vaccines, for example, was a grant paid to Moderna, a privately owned pharma company.
To some extent - but again, they assume a lot of risk as only 5-10% of drugs that enter clinical trials make it to market and it costs $1-2 billion to fund a trial.So in short, pharmaceuticals are benefiting of this public research for free or almost for free and turn it to profit
Dont get me wrong. I am a very advocate of mix solutions. There are spaces where government is the best actor and others private is the best one. But is obvious that some areas, the private sector abuse of its power and is so dangerous when is health, education and housing
Pharmaceuticals are just there on the list that the abuse of this. Specially in US
I have 2 brothers in the US. Brother 1, his daughter had sepsis when she was a child and was in hospital for weeks, a pretty close emergency. He had insurance through work but wasn’t 100% covered, he had to pay off about 50k. Meanwhile insurance paid out something like 500k
Brother number 2, like me suffers from heart conditions etc caused by a rogue gene. It’s a hereditary problem that 3 of us got and the other 2 siblings escaped. He has had to have an ICD fitted, stents fitted, he has an internal recorder fitted to monitor his beats, all kinds of scans etc. pre-existing condition so most of the things he gets done he has to pay for himself, his insurance covers just a bit. He ended up having to sell his house to cover some medical expenses. Now he’s thinking about moving home to NI.
The system is not fair. By bad genetics, no fault of his own, he was left with a huge bill.
I can see how people continue working when they’re sick etc. it’s just crazy
Not true. Any “discovery” made in an academic lab that has commercial potential will result in a start-up company being created. If a pharma company wants to buy out that company it will cost them. Then taking that idea all the way through to market will cost them even more (usually a lot more) And the real cost is the fact that the majority of these investments won’t ever earn them a penny, as they will fail at some point along that long journey.
Now obviously, these companies are (mostly) profitable so nobody needs to feel sorry for them but it’s a complete myth that they can sit back and let the government fund research on their behalf, which they can sweep up, free of charge.
To some extent - but again, they assume a lot of risk as only 5-10% of drugs that enter clinical trials make it to market and it costs $1-2 billion to fund a trial.
So yes they definitely benefit from public funding for research - but at the same time the certification process and infrastructure invested to manufacture these (increasingly) complex molecules is hugely onerous.
Yes that is often the case as well. Most of the time (though not always) the initial research in a lab will be funded by a grant from NIH.Bu as @Pogue Mahone said, should be some sort of buy out of the investigation via start up creation, right?
Yes that is often the case as well. Most of the time (though not always) the initial research in a lab will be funded by a grant from NIH.
It isn't just the US, the UK and pretty much every major Government do thisIt’s not really “public research” they’re funding. This is the US after all. The investment they made in the development of mRNA vaccines, for example, was a grant paid to Moderna, a privately owned pharma company.
From AITo some extent - but again, they assume a lot of risk as only 5-10% of drugs that enter clinical trials make it to market and it costs $1-2 billion to fund a trial.
So yes they definitely benefit from public funding for research - but at the same time the certification process and infrastructure invested to manufacture these (increasingly) complex molecules is hugely onerous.
It isn't just the US, the UK and pretty much every major Government do this
In $$$ terms probably the amount $43 billion per year is about 1% of the Federal budget, in GDP % terms the US is is number 4But the US spends a good 50% more than Europe on it.
In $$$ terms probably the amount $43 billion per year is about 1% of the Federal budget, in GDP % terms the US is is number 4
Of course they did. Feck me, how many times do you hear this from US agencies or the Police?
“In the face of so many people saying this can’t be done, honestly Brian was the guy who made it happen,” said Stephen Parente, a finance professor at the University of Minnesota and former Trump administration health official who worked with Thompson during that time.
I bet
Pure altruism I’m sure
From an ethical point of view, I have a lot more of an issue with what Thompson did than what Luigi did.I mean, obviously it would be preferable if he’d spent the beginning of covid doing coke out of hookers arseholes, while pointing and laughing at news footage of medics working 48 hour shifts. But maybe he’s not a completely one dimensional villain? In fact I’d say that’s likely. What with life being all messy and complicated.
Not that this changes any of the main issues at play here, obviously. It’s still not very nice to deny sick people the cover they thought they had for hospital bills. Or shoot people in the back. Both are very mean things to do. One of them might have been for the greater good though? Too early to tell for sure.
From an ethical point of view, I have a lot more of an issue with what Thompson did than what Luigi did.
If we are talking about the actual acts without any context, then cold blooded execution is obviously a very violent and shocking act, I personally find it more shocking how desensitised people are to these for-profit algorithmic death sentences in the name of that sweet sweet capital.
I said “people”, I didn’t specify whichThe overwhelming support for Luigi after the murder gives the impression that people aren’t as desensitised to what Thompsons’s company does as you seem to think. If anything they’re more desensitised to someone being shot in the back. So long as the murderer has a nice smile and killer abs.
The overwhelming support for Luigi after the murder gives the impression that people aren’t as desensitised to what Thompsons’s company does as you seem to think. If anything they’re more desensitised to someone being shot in the back. So long as the murderer has a nice smile and killer abs.
You've bought the messaging, but this isn't actually the case. The important thing here is the act, the victim, and the motivation, while the physical characteristics are entirely incidental. They're just something for people to latch onto, but they would have done the same no matter what he looked like.
Yeah, I’d say you’re probably right. I just wanted to use that “nice smile and killer abs” line. I thought it would sound cool.
I pictured you wearing cool sunglasses while typing it, so it sort of worked.
How do you go about separating inhumane systems from individuals that have the most agency within them?I mean, obviously it would be preferable if he’d spent the beginning of covid doing coke out of hookers arseholes, while pointing and laughing at news footage of medics working 48 hour shifts. But maybe he’s not a completely one dimensional villain? In fact I’d say that’s likely. What with life being all messy and complicated.
Not that this changes any of the main issues at play here, obviously. It’s still not very nice to deny sick people the cover they thought they had for hospital bills. Or shoot people in the back. Both are very mean things to do. One of them might have been for the greater good though? Too early to tell for sure.
I pictured you wearing cool sunglasses while typing it, so it sort of worked.
The overwhelming support for Luigi after the murder gives the impression that people aren’t as desensitised to what Thompsons’s company does as you seem to think. If anything they’re more desensitised to someone being shot in the back. So long as the murderer has a nice smile and killer abs.