Quote from: Hawker on September 01, 2011, 10:44:32 AM

Quote from: bitcoin2cash on September 01, 2011, 05:31:38 AM

Quote from: gibson042 on September 01, 2011, 03:59:35 AM

http://www.homelandstupidity.us/2009/03/25/mary-ruwart-deadly-secrets-behind-soaring-pharmaceutical-prices/

Thanks for the link. The relevant part in the video is at 57:06 where the doctor speaking states that the pharmaceutical companies didn't need the patent system before FDA regulations. What mattered was being first-to-market because even when there was a second-to-market, the first-to-market still kept 80% to 90% of the customers. It was only because of the FDA regulations, which made the costs so high to develop new drugs, that the patent system became so important. In other words, get rid of the FDA at the same time you get rid of patents and we will have safe drugs, cheaper and faster. I think this is the nail in the coffin for intellectual property. Thanks again.

The FDA regulations are there for a reason. Bad drugs kill people. If your idea is to allow unregulated drug sales is implemented, some people will die for no good reason.

Watch the video in that link. The doctor estimates that 4.7 million people have died from delays by the FDA of drugs that were eventually declared safe. She estimates that another 4 to 16 million people were killed by not being allowed access to drugs that are safe but couldn't be jumped through the FDA's hoops. How many lives has the FDA saved? She says about 7,000 and even says that if that number is off by a factor of 100 that 700,000 people is still a lot less than 4.7 million people if you only count the delays. Some people will die either way. The way you're proposing makes drugs cost more, makes healthcare have to be rationed more sparingly and kills people. That's even ignoring the fact that government intervention in voluntary human interactions is immoral. All around, your way of doing things is bad.