Comment on The bosses don't pay their workers. Workers pay their bosses.

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3abas@lemmy.world ⁨1⁩ ⁨day⁩ ago

The first therapeutic insulin was developed by University of Toronto. However, they did not have the money or means to mass produce it and thus the patent was sold to pharmaceuticals. Cuba and USSR are also pretty impressive with their biotechnology but unable to scale up their ideas.

The insulin example proves you need resources and manufacturing capacity, not capitalism.

Banting and the others gave the patent to the University of Toronto for $1 each because they didn’t want insulin monopolized. Production was then scaled through a mix of public institutions and private manufacturers.

The original patent expired, but drug companies built new patents around insulin analogues, formulations, and delivery devices, while the market became heavily concentrated.

So “you still need money” misses the point. Of course large-scale production needs funding, factories, workers, and logistics. The actual political question is who controls those resources, who owns the patents, and who gets the benefits.

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