JohnRoberts

Re: How Much Poverty Even In The Rich
« Reply #20 on: February 05, 2019, 01:47:13 PM »
But you are making my point here. It would be far more fruitfull to massively fund basic reasearch at universities instead of letting drug companies create pseudoinnovations and fake studies to sell drugs instead of creating innovation.
That is the basic argument for government managing everything... I do not accept that.

All the countries with socialized medicine could already do that but they seem happy to piggy back on our R&D spending while negotiating lower drug prices for their markets that do not support that much R&D. The drug industry has been willing to pay for the R&D from US market profits (for now).  If the US market imposes more price discipline the free ride could go away with higher world prices (actually lower prices here than we pay now.)
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The pharmaceutical industry is a good example of the grifter economy we live in these days.
Big Pharma has been under the microscope for years and their pricing abuses are not missed by anyone paying attention. This could end badly for them if they ignore the PR and invite public ire. Some drug companies have already paid a price. At least one chairman was replaced because of outlandish price increases, while it still goes on, just less visibly.   
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Starbucks is a good example of a company who's only innovations lay in marketing. Engineers don't run these companies and enginnering is not what drives their advantages. On top of it all Starbucks used unfair tactics to get rid of competitors to sell their overpriced products.
Apparently very successfully.... ::) 

 How about showing me something Apple actually invented... They are masterful at taking other people's ideas and making them better.
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I could go on, but I am aware I am not going to convince you here...
Not so far...but thanks for pausing. This is not fun for me either.

JR
John Roberts
http://circularscience.com
Tune it, or don't play it...


living sounds

Re: How Much Poverty Even In The Rich
« Reply #21 on: February 06, 2019, 10:34:01 AM »
How about showing me something Apple actually invented... They are masterful at taking other people's ideas and making them better. Not so far...but thanks for pausing. This is not fun for me either.


Don't get me started wrt Apple... or Facebook...

Persuasion tactics have long eclipsed technical innovation as the most important factor in business success...

JohnRoberts

Re: How Much Poverty Even In The Rich
« Reply #22 on: February 06, 2019, 11:12:46 AM »
Don't get me started wrt Apple... or Facebook...

Persuasion tactics have long eclipsed technical innovation as the most important factor in business success...
I need to get better at persuading drummers to tune their drums properly...  ;D

====

I see the dynamic changing somewhat. Traditionally companies like P&G reaped huge profit from selling commodity products for premium prices taking advantage of human nature's lack of critical thinking in most routine decision making. I have long bought store brands whenever available but their popularity seems to be increasing recently.

The $5M superbowl ads are almost a list of products not to buy, to reward that manipulation. They don't make rational sales pitches but subliminal arguments... (like corn in other brands of beer is bad, etc).

JR
John Roberts
http://circularscience.com
Tune it, or don't play it...

boji

Re: How Much Poverty Even In The Rich
« Reply #23 on: February 06, 2019, 10:07:16 PM »
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"Let's celebrate we're the ones doing all the bombing!"
It is exceedingly easy to scan for wrongdoings to remind us we are not done ushering in a world of peace.
Easier still to be sarcastic about calls to appreciate how far we've come.  :(

Harder is to hold an idealized picture of the world that animates the desire to moralize, and temper it with historical reflection, which is nearly limitless in instructing us that, taken as a whole, our quality of life has improved beyond the wildest dreams of generations past.

Everyone wishes universal peace would arrive at a faster pace. Being impatient for it does not mean we need to make a darkness out of present circumstances or use some horror of the day to distract from appreciating our present place in history. There is both much to be thankful for and much to be worried about.

JohnRoberts

Re: How Much Poverty Even In The Rich
« Reply #24 on: February 07, 2019, 01:49:56 PM »


Everyone wishes universal peace would arrive at a faster pace. Being impatient for it does not mean we need to make a darkness out of present circumstances or use some horror of the day to distract from appreciating our present place in history. There is both much to be thankful for and much to be worried about.
+1...   


JR
John Roberts
http://circularscience.com
Tune it, or don't play it...

Re: How Much Poverty Even In The Rich
« Reply #25 on: February 11, 2019, 02:23:43 PM »
All the countries with socialized medicine could already do that but they seem happy to piggy back on our R&D spending while negotiating lower drug prices for their markets that do not support that much R&D.  The drug industry has been willing to pay for the R&D from US market profits (for now).  If the US market imposes more price discipline the free ride could go away with higher world prices
Terrible argument. Big Pharma in the US spends way more on marketing and advertising than they do on R&D. Simply banning direct to client advertising could slash prices with no effect on research budgets.



New drugs are also already partly bankrolled by taxpayers through government research grants and public labs, not drug revenues. Just one more example of corporate welfare (= socialism) being peddled to americans as a free-market success story.

https://other98.com/taxpayers-fund-pharma-research-development/

Re: How Much Poverty Even In The Rich
« Reply #26 on: February 12, 2019, 06:54:14 PM »
I'm sure that sounds profound to you...

I have worked in new product development for a decent sized company and saw them lose money on the majority of outside projects. Only a small handful were profitable, perhaps that is why they employ engineers to develop their own products.

If the ideas are so good, develop them yourself and keep all the money.  :o  I have been developing new products for decades and it has never been easier/cheaper for individual small companies to do it themselves. Success and profit is still difficult.  :-[
===

Another observation from the Pinker Book I am currently reading is that people we classify as living in or near poverty level today have a higher standard of living than top royalty did only a century or two ago.

Central heat, indoor plumbing, radio and TV, internet search engines, fresh fruit year round, life saving drugs, etc.

JR

I agree with this 100 percent. All of it.

Phrazemaster

Re: How Much Poverty Even In The Rich
« Reply #27 on: Today at 05:13:07 PM »
Another observation from the Pinker Book I am currently reading is that people we classify as living in or near poverty level today have a higher standard of living than top royalty did only a century or two ago.

Central heat, indoor plumbing, radio and TV, internet search engines, fresh fruit year round, life saving drugs, etc.

JR
I'm not really sure that's a comfort - when a person is at that level of poverty, barely making it, the stress is through the roof. Kind of like saying, "are you enjoying the music" to the folks on the deck of the Titanic. Sure, the overall standard of living is higher - great! But there's a long way to go before it even approaches OK to be in this situation.
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