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Forum Post: lImits to private property ownership and control

Posted 2 years ago on March 14, 2019, 8:14 a.m. EST by agkaiser (2514) from Fredericksburg, TX
This content is user submitted and not an official statement

What are the limits to property rights of individuals or corporations?

I own a patent on a drug that will cure a virus that's projected to kill ten percent of the world's population. The drug costs 10 cents per dose to produce. One dose will cure an individual of the virus. May I charge $10,000 per dose, because I have an intellectual property monopoly, though hundreds of millions will die because they can't afford the drug?

No reasonable person would permit such evil. So now we know there are limits to property rights. We can begin the discussion of how exactly we will set them.

You're first, big pharma!



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[-] 1 points by schmoot (77) from Kerrville, TX 2 years ago

free market capitalism is an oxymoron!