this post was submitted on 13 Mar 2024
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Yikes. Do you know what justification was given?
i remember hearing, that their argument was, that a strong profit-incentive would motive the manufacturer to increase production as well as quality. I also remember that the debate around that topic was drowned out by some weirder theories. E.g. during that time q-anon was on the rise, and some people argued, that the gates foundation was using covid to implant microchips into people or something like that
source: my memory from a couple years back
Thanks. Sounds like the same ol "free market" argument then.
A not insignificant line of reasoning (though probably less important to people in power than the profit incentive) was also to keep the secrets of making the vaccine from bring revealed to other countries, which would apparently erode the USA's pharmaceutical research advantage. An interesting article about this from the former director of NIST is here but I don't necessarily agree with the reasoning.