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Resolved: The United States federal government should impose price controls on the pharmaceutical industry.
Finally! A good topic! It’s about time. Let’s talk about it.
Should impose price controls – This means that the government controls what pharmaceutical companies are allowed to charge for medications they provide. This is common practice in countries with socialized medicine. This case will require you to determine how the U.S. government determines what it should do, and then explain how that framework means that the government should impose price controls.
All the other terms don’t really warrant definitions. We know what the U.S. federal government is, and we know what the pharmaceutical industry is.
1. Societal Welfare – Government’s exist for the welfare of their citizens. This is why they provide roads, schools, libraries, etc… To fully accomplish this purpose, the government should also do its best to provide for the health of its citizens. Drug prices are astronomical, to the point of being prohibitive for certain people who need to receive treatment. In order to contribute to the welfare of everyone, the government should impose price controls.
2. The Free Market Has Failed – The simple fact is that the population doesn’t have the negotiating power that the government does. Pharma companies are certainly willing to let people die for the profit. If one person has to die so they can charge 10,000 people $100 more, then that works out for them. People cannot make their voices heard by just not buying the medicine because it’s a choice between life and death. The government isn’t faced with this choice, so it has the ability to negotiate on behalf of the people.
3. Life Above All Else – The right to life is the most important right a person has because it is a prerequisite for all other rights. You can’t have other rights if you’re dead. In this case, price inflation is causing direct harm to the right to life of individual citizens. As such, the government should step in to protect those citizens.
1. Free Market – In a capitalist economy, price controls are direct violations of property rights. Additionally, government interventions usually make things worse. We’ve seen historically that price controls don’t actually lead to reasonable prices, but instead companies just find ways to circumvent those controls, and citizens end up paying just as much.
2. Universal Healthcare Counterplan – Price controls are unnecessary in a socialized medicine system. The government can negotiate directly with drug producers because it’s the entity paying for those drugs. Introducing price controls is a bad stop gap measure that will only delay the conflict necessary for a dramatic push toward socialized medicine. Universal healthcare solves the problem, and price controls will hinder the progress toward universal healthcare.
That’ll help get you started. Good luck!