FTC sues insulin middlemen, saying they pocket billions while patients face high costs - eviltoast
  • Corkyskog@sh.itjust.works
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    2 months ago

    That’s not unregulated capitalism, it’s mixed regulatory, with regulatory capture capitalism.

    Unregulated would mean that I could set up a lab in the basement of the abandoned farm building next door and produce untested insulin cheaply enough to undercut the whole market.

    • SupraMario@lemmy.world
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      2 months ago

      Someone gets it…we don’t have capitalism, we have a system where regulations are used by corps to buy politicians to kill their competitors.