Saturday, April 24, 2021

Profiteering from vaccines funded by tax payers money

    Majority of the governments funded the research and development of the vaccines which have yielded positive results. The first thing to talk here is that the governments money is the tax payers money. Whatif the investments made by the government did not yield results? Well, the funding from for the various companies would have evaporated. All the infrastructure developed as a consequence would have been wasted. However, majority of the vaccines funded have been succesful. Lucky taxpayers, Ha. Let us now see what is happening after this success. Now, the corporations want to make profit out of it. 

    Either the governments are naive or are in bed with these corporations. When the government agreed to bear all the risks of failure, cant the government add another clause for success? The clause for success would be to produce and sell the vaccines on cost of production and distribution only. The distribution, can again be taken up by the government, if the corporations feel that it is not strong point. So, the cost of production of the vaccine should be the selling price of the vaccine.

    However, the corporations and governments have different ideas. The corporations, particularly pharmaceuticals are seeing a cash cow. Majority of the vaccines are based on some information of the crown of the virus. As the virus updates the constituents of the crown, the information provided by the vaccine into the body becomes outdated. So, for every major mutation wherein the chemical formula of the crown changes in a major way, the human body cannot identify it as a virus, so the corporations are free to now produce an updated vaccine with this updated chemical structure. This can be an ifinite loop. This money source will become something like water, which is abundantly available and available whenever you are thirsty. 

    Why am I now talking corporations and governments, Well, that is the correct way. In fact you can combine both these terms and you will not find any difference at all. Let me give you an example. One vaccine vendor states the cost of vaccine in a particular country. When there is a backlash from the public, what does the government do? Well it decided to absorb certain portion of the price stated by the corporation. This decision was taken in split second. Why, elections are under way and it can have an adverse effect on the results. No communication happened between the government and the corporation. No discussions held. Well, is the public happy. Yes, why not? But, this is not as easy as it appears. You see, the government does not receive money from the gods. Whatever, the government has decided to absorb is the money from the tax payers. It is as good as paying what the corporation was asking.

Now, what is the point of investing and supporting the entire excersize of design and development of the vaccine with public money and the same is sold to the public on profit. It is not wrong, if you have developed a comfort product. In this case you have produced a vaccine. This particular vaccine should be out of the profit strategy. You first ensure that you have enough people on the planet. Corporations and goverments dont exist in vaccum. They are agian people. But as the famous phrase goes "..Some people are more equal..". 

    The reason for profit has been touted as the inputs for increasing the outputs further. Instead of the profit margin, the government can decide whether this increase in production is justifiable. Instead, the government can support other manufacturers who already have the majority of the capabilities for producing such a vaccine by giving them just enough support to produce the vaccine. This will result in investment in that corporation and bring it upto a standard wherein it can be competitive. And, competition is always better.

Profiteering from a vaccine funded by the taxpayers money for the survival of the taxpayer is murder and nothing else.

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Nobody can deter me away from "free as in freedom" concept seeded by Sri RMS. See to it that u dont make fun of my belief. If u think otherwise, no need to comment.