Thursday, September 20, 2018

Information is power


TRNN did a segment about ballooning drug prices as an issue in the Maryland governor's race.

A commentor wrote: 
"...funding for research should be increased and any licensed, FDA-approved manufacturer should be able to make and sell the drugs, whose patent belongs to the government. This would introduce competition and drastically lower cost."

My response:
Public ownership of publicly funded intellectual property would resolve the problem of big pharma. Tight limits on private control of intellectual property would place severe limits on the corporate growth which would have positive impacts on income inequality. Severely minimizing state secrets would set limits on the power of the state. Information is power. If information were less controlled, the power of current institutions would be curtailed.

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