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India bans 'fair' compensation for HIV drugs

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you12 Posted: Tue, Mar 13 2012 12:24 PM

http://timesofindia.indiatimes.com/business/india-business/Indias-patent-ruling-on-cancer-may-open-door-for-cheaper-HIV-drugs/articleshow/12250451.cms

 

Apparently the 'creators' are just a bunch of monopolist moochers if the government thinks their product should be subject to market forces for 'public welfare'.

Somehow they missed the idea that if these 'creators' are not paid according to their whims and fantasies they will stop producing.

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Wheylous replied on Tue, Mar 13 2012 5:28 PM

I don't understand what you're trying to say.

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awesome

 

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you12 replied on Fri, Mar 16 2012 11:22 AM

I am critisizing the pro-ip argument often made that people have a right to fair compensation of their creation and if we violate IP we reduce incentives to new creations.

Somehow that argument goes out the window when government wants to make something widely available and its producers competitive. Even the levithan recognizes the inherent stupidity of IP but only on some occasions.

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