Quote:I'm not saying testing is a bad thing at all, I'm saying government interference in that testing drives cost. Pharmaceutical companies stand to gain nothing from making "bad" drugs with negative side effects. In a true free market individuals would absolutely abandon those companies and they would go bankrupt, companies that made good drugs at an affordable cost would thrive.

 

It's like everything else in the free market, the more companies are allowed to fail the faster better companies that do it right will arise.

 

I'm a border line anarcho-capatilist, I don't even want government building roads I think the private sector could do it better.

If that were true cigarette companies wouldn't exist.

 

The free market is a great tool when there is true competition but it always tend towards a monopoly where a single company takes control of most or the entire market. That's why you need at least a base level of regulation so as the at least ensure fair competition and prevent price gouging. 

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