Posted on 10/16/2014 10:03:45 AM PDT by Laissez-faire capitalist
The Obama administration has failed us.
With that in mind, potential treatments/vaccines for Ebola are being worked on and tested as we speak, and despite the lack of ability to pay for any potential vaccine on the part of almost all western Africans, pharmaceutical companies should develop said vaccine(s) (if at all possible) and distribute them free of cost to those who cannot afford them.
While I do support huge profits to be made by pharmaceutical companies, I believe that there are exceptions to the rule, and I do believe that this is the time and instance for this very exception.
True...but keep in mind that simple montary profit is not the only motive. A company earning a ton of good will is a motive unto itself, as well.
You are using an apples to oranges argument.
While stating what I did will undoubtedly open up some to state exactly what you have stated, that would have to be dealt with on a case-by-case basis, with Adam Smith’s works on Capitalism and his companion work “the Theory of Moral Sentiments” being brought into the fray.
Smith showed that Capitalism is the best system (and it is) but it must be balanced out with morality.
Again, Jesus answered the question of “who is my neighbor” and His answer has not been annulled.
It seems the opposite of your moniker.
Africa rejected colonialism. Many of those of African descent in the US don't think the rules of civilization apply to them.
I say shut off the infected countries and let Africa solve their own problems for a change.
TELL ME SOMETHING I DON'T ALREADY KNOW.
Where would the funding come from? Most if not all pharma companies are public owned. Are you saying is that small and large investors should be forced to pay for a cure for a disease with no recompense? Isn’t that like the government coming in and raiding your bank account because they know how to spend your money better?
Beat me by three posts!
Time for you to change your handle, try "Do good-er with some one else's money, to make me feel better" because you ain't no capitalist, laissez-faire, or meddlesome, you can't ax a company to invest in a program designed to loose money.
What say you, "Do gooder" OK with you?
Vaccines are already indemnified via congress in 1986.
They will bill the developed world for the vaccines and source the money to vaccinate Africa that way.
YOU will have to take a $100 vaccine (times 330 million Americans) so they can afford to vaccinate 1B Africans.
It’s what they’re doing with Gardasil, btw.
Capitalism (as Adam Smith showed) must be balanced out with morality. Ergo, his treatise on capitalism and his companion volume “The Theory of Moral Sentiments: both of which are must-reads.
capitalism is the best way to go, but it must be balanced out.
There was no profit for the man who helped out the Samaritan who was waylaid on the road to Jericho.
Just as there are men who own pharmaceutical companies or own seriously large chunks of them getting no profit from helping out Africans, Jesus answered “who is my neighbor” and His answer still stands.
Laissez-Faire is your name....
A company cannot just give away its shareholders’ money. The CEO would be gone, pronto.
The “need” you speak of for pharmaceutical companies to freely develop and give away can only come about how?
That’s right - by governmental force. Or by the government acquiring those vacines and giving them out like EBT cards.
You intentions “might” be noble here in stopping Ebola. But your end-game of “Big Brother must save us” is a liberal failure.
Please.
Adam Smith is one I look to continually, and he himself showed that Capitalism must be balanced out with morality.
I suggest that you read 1.) Wealth of Nations and 2.) the Theory of Moral Sentiments.
Smith showed that both must go together. Both. Capitalism is the best system, but it must be balanced out with morality.
I suggest that you start following Jesus, and read what he said concerning the question “who is my neighbor.”
I agree, and further, all those individuals working on said vaccines should be required to work as necessary, without pay.
They’ve been trying to make a vaccine for ebola for 40 years, and there’s no real indication they’ll figure out out. Any planning on what to do after they figure one out is very cart before the horse. Although frankly given how little chance there is of being exposed to ebola I’d probably skip the vaccine.
No, I just believe unreservedly and unequivocally in both of Adam Smith’s works: 1.) The Wealth of Nations and 2.) the Theory of Moral Sentiments.
Capitalism (#1) is the best system, but it must be balanced out with morality (#2).
How the Frick could Adam smith have said that about “Capitalism”?! that concept was invented by Marx...
Adam Smith
Born: June 16, 1723, Kirkcaldy, United Kingdom
Died: July 17, 1790, Edinburgh, United Kingdom
Karl wasnt even born until 1880...
Basically you are saying that you want the American people to foot the bill to R&D , and produce a working Ebola vaccine. Then give it to African nations free of charge (for them) but not for you and me.
We eradicate Ebola. People in Africa continue to live superstitious paranoid of modern medicine lifestyles. They continue to not sanitize, they continue to not take their ill to hospitals and throw the dead in the streets. Eventually a new worse virus springs up and kills thousands upon thousands. So you have to teach third world countries in Africa how to wash, care for their sick, all while meeting their basic needs. So you pay for all that because these countries can’t, which is also placed on a collapsing American populace, and everyone suffers.
No, these countries need to help themselves before we help them, otherwise it’s all for naught.
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