[ExI] Why is "cost of living" such a big problem?

[spike at rainier66.com]

>...> On Behalf Of Ben Zaiboc via extropy-chat
Sent: Wednesday, 4 November, 2026 6:48 AM

Subject: Re: [ExI] Why is "cost of living" such a big problem?

On 04/11/2026 14:14, spike wrote:

>> Capitalism is our friend...


>...You mean "unfettered capitalism is our friend", because that's what
we're talking about here....
-- 
Ben
_______________________________________________

Regarding specifically capitalism in medicine, capitalism draws investments
from all over the planet to do medical research here, because intellectual
property law is robust here.  Result: yank research finds cool stuff, like
most of the medications on John's list.  Medical science moves forward
because there is sufficient capital to support it.  There is sufficient
capital to support it because if it is successful, it generates piles of
investment capital.  Reult: capitalism saves lives everywhere.  It makes
successful medical research investors richer everywhere.  Capitalism is our
friend.

spike