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Hatred of Big Pharma

In a discussion on a medical website of rejuvenation research, I found one pretty good comment amidst the Pharma-haters, so I wrote this (edited here for clarity).

Thank you for posting the only rational comment I’ve seen in the sea of anti-science, anti-tech, anti-capitalist, anti-freedom comments preceding yours.

To demonize “Big Pharma” is an amazing and horrifying act of ingratitude for the minds that have kept us alive longer and healthier. Talk about biting the hand that feeds you!

And these people’s delusions about “greedy corporations” somehow keeping medical breakthroughs off the market show a comic-book level of thinking. Do they seriously think that the researchers who are toiling to reverse the aging process hate mankind? Do they think that researchers would withhold the de-aging treatment from their own families? And their own friends and colleagues? Then what about the friends and colleagues’ friends and families? And how would the knowledge, once discovered, be kept secret and hence kept off the market?

Why wouldn’t the inventors want to get fabulously wealthy from their discovery, which would require selling to the mass market?

People talk about greed meaning (somehow) selling these pills or shots or whatever only to the wealthy at very high prices. Yeah, I hope they do that at the start. Maybe they can find a thousand people willing to pay $1 million each to become young again.

AND THEN WHAT?

Wouldn’t the greedy capitalists want to make another fortune by selling to 10,000 people at a $100,000 each?

AND THEN WHAT?

How about greed leading them to want more, more, more? So, they drop the price by 90% again and sell it at $10,000 to a hugely wider public?

In a couple of years, the inventors’ greed will mean the de-aging treatment would be sold at Walmart and CVS for just above its costs of production (which incidentally, would be dropping due to economies of scale).

I say to the anti-greed crowd: don’t be greedy! Don’t expect to rip off the inventors, entrepreneurs, venture capitalists, and chemical industry employees who are laboring mightily to save your lives and make you young again.

It would be unjust and immoral if we, who will have done precisely nothing to create this wondrous treatment, reap all the benefit, while those who worked decades to conceive it, bring it into existence, and get it to a mass market get virtually none.