But there is the rub. We cant have price controls and socialized medicine because we are basically the ones keeping R&D going for the rest of the world. Drug manufacturers aren't in it to be benevolent, they are in it to make money.
If we price controlled the drugs then drug makers would respond by slashing R&D budgets and laying off all those researchers with alphabets behind there name. That would mean a lot less new drugs and a lot less new knowledge.
The problem with the fantasy that socialism will somehow make the world a better place stems directly from 1. thinking people will do hard work for pennies "just because" and 2. somehow you can force the guy that has a lot of money to give what he has to someone else. Both thoughts are ridiculous.
No one goes to school for 8 - 12 years to make 50K a year and the guy with all the money has enough so that when you pressure him to much he will simply leave for somewhere else.
I dont want our goverment to inact price controls I want them to pressure the Europeans to stop with the price controls.