plawolf
Lieutenant General
It is pure capitalism. It is the price the consumer is willing to bear basically. Has no relation to actual cost of research and production.
They look at the cost of alternative treatments and price their product like that. Cost be damned.
Actually is cronycapitalism, which is the core of a lot of the west’s problems.
That is a price the customer is not willing or able to pay, but because of state capture by big pharma, its the price charged, and people literally die because they can’t afford to pay that.
To minimise the deaths and maximise profits, you have private medical insurance, which is basically a life-tax that you need to pay to make sure you can keep on living in case you get seriously ill or injured, finally you have government subsidies topping up corporate profits from general taxation.
It’s one giant racket with astronomical profits paid for with vast inequality and massive needless human suffering and deaths. The only things stopping the plebs rioting in the streets is the power of western MSM propaganda convincing them that this is as good as it can get and that the alternatives are either communist or fake news.