#AgeOfDeception: “#Washington is filled with politicians and organizations that hyperventilate about government #debt and the burden it imposes on our children, but they ignore the burdens imposed by #patent and #copyright monopolies granted by the government.” 
“Suppose that we were spending another $50 billion a year on medical #research in order to replace #patent supported research, and all the findings were placed in the #public domain so that all #drugs were sold as #generics. ...
... The annual #deficit would be $50 billion higher due to the additional spending on research, but we would save $380 billion a year on drugs due to generic pricing.”
"Another study concluded that the federal #government could save up to $140 billion a year on its #Medicare and #Medicaid prescription drugs bill if there were no #patent protection. This would be enough to finance an increase in funding for #public biomedical #research ...
... equal to all the research and development done by the pharmaceutical #industry and still leave the government (and the #health sector more broadly) with huge savings.”
#StateOfCapital #technology #capitalism #PlutOligarchy #FacaDemocracy
#StateOfCapital #technology #capitalism #PlutOligarchy #FacaDemocracy
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