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

[spike at rainier66.com]

>...> On Behalf Of Ben Zaiboc via extropy-chat
Subject: Re: [ExI] Why is "cost of living" such a big problem?

On 06/11/2026 16:20, Henrik Ohrstrom wrote:

>>... There is nothing wrong with making money. 
> There is nothing wrong with being rich and wealthy.
> There is all sorts of wrong making money by denying others their chances
to make money...


Well put.

>...Spike, it seems you don't even understand the argument that Henrik, I
and others are making.... 
-- 
Ben


_______________________________________________


Ben, it seems you don't even understand the argument I am making.  I know
successful drug companies corner markets and make a ton of money.  I get
that.  I also get it that unless they do, investors will not put money into
medical research companies, because everyone else researching in that field
dominated by one guy lost.

Even the company which wins in a particular area doesn't win in all of them.
It uses its obscene profits on one medication to fund research in other
medications.

Market forces apply to medical research as well as every other field.

spike