Re: [newtech-1] first videos of iPhone (plagiarizer) - Android. full screen

From: user 6.
Sent on: Tuesday, June 3, 2008 3:30 PM

yea... but movies don't cost 300 bucks a pop in the US and only 1 buck in... say... Nigeria.

Tom earns what he gets due to supply and demand.  Ray earned what he got due to arbitrary pricing with no reguard to demand because pharmaceutical companies are basically monopolies.



----- Original Message ----
From: Avi Deitcher <[address removed]>
To: [address removed]
Sent: Tuesday, June 3,[masked]:12:49 PM
Subject: Re: [newtech-1] first videos of iPhone (plagiarizer) - Android. full screen

One of the rather brilliant yet oft-missed critiques of this mindset was provided by Michael Crichton in his blockbuster Jurassic Park. The billionaire behind the island amusement park is asked why he doesn't use the science behind dinosaur regeneration to work on medicine, save lives, etc. His answer is that the moment he does, everyone expects to receive it for free. The sense of entitlement is just far too great. If the entrepreneur / inventor doesn't provide it, governments step in and force it. On the other hand, everyone understands that no one "needs" entertainment and amusement, and so they are willing to pay for it.

Simple example: last public estimates are that Tom Cruise makes around $25MM per year for providing, well, laughs and action, hardly critical to our survival. Former Merck CEO Ray Gilmartin received somewhat more, last figure I looked at was about $37MM in 2004. Which one was pilloried for excessive pay? Hmm...

--------------
Avi Deitcher
Atomic Inc.
[address removed]


On Tue, Jun 3, 2008 at 3:03 PM, Jim <[address removed]> wrote:
A discussion of libertarian philosophy is outside the scope of this group, but I don't see much danger of chaos due to downsizing of government anytime soon.

Let's assume that only 5% of R&D results in potentially successful products (which I think overstates success). If the pharm cos. are supposed to sell their products for cost of manufacture, then even that 5% isn't funded, let alone the 95% for R&D that doesn't yield potentially successdul products? Where's that money supposed to come from?

+J

----- Original Message -----
From: "Asif Youssuff" <[address removed]>
To: [address removed]
Sent: Tuesday, June 3,[masked]:03:27 AM (GMT-0800) America/Los_Angeles
Subject: Re: [newtech-1] first videos of iPhone (plagiarizer) - Android. full screen

Jim wrote:
>
> I find this topic to be remarkably similar to what's happening in big
> pharm. Everyone wants big pharm to save lives (and make everyone
> happy) by investing heavily in R&D. But as soon as they come up with
> something that works, everyone wants consumers to be able to buy it
> for manufacturing cost, maybe from Canada. I don't see how this adds
> up in the long run.
>
> +J (the lone libertarian in San Francisco)

I don't see how the two thoughts oppose each other. Both seem to work
fine in a libertarian mindset. Could you explain how it doesn't "add up"?

You might want to make sure to explain how a libertarian philosophy is
supposed to work out in the long run, since I'm fairly certain that a
libertarian state is the precursor to an eventual state of anarchy anyway.

-Asif



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