Pharma, by contrast, an industry totally dominated by patents, charges more and more for drugs that are less and less distinguishable from generics -- and that kill many thousands of people every year through patent-profit-driven over-prescription.
Were you under an erroneous impression that you were saying something relevant?And the definition of "art" is so ubiquitous now that I can create art in 2 minutes. I haven't taking an art class since Middle School, but I could learn how to knit in an afternoon and have a garment made up by bedtime. Would it sell, I highly doubt it. But I could wear it and someone else could wear it as well.
Wrong. If their new drug has merit, they can easily make enough to pay for its development by being first into the market. Remember, the generic maker isn't a fool. He is not going to invest the $5M before he sees the market is viable. By that time, the originator has made back his investment.Ideas may be free, but new science isn't, whether your in a Communist, Mixed, or anarcho capitalism economy. A company who invest 20 million to develop a new drug will never recoup their losses if someone can create a generic for 5 million.