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Spoonbills t1_iz9je09 wrote

Reply to comment by lazyeyepsycho in Pioneering method can detect 14 types of cancer with a blood test by Logibenq

The US funds more medical research than any other country. “In terms of absolute expenditures, China is the world's second biggest spender on R&D, with $468 billion versus the United States's investment of $582 billion in 2018 according to OECD's purchasing power parity comparison.”

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lazyeyepsycho t1_iza7ka3 wrote

Thats awesome for the top few %, im sure their promt and fast treatment will soothe peoples angst at $800 a month insurance for a 5k deductible.

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Extranationalidad t1_izd0qti wrote

I do not want to sound as though I am in favor, overall, of the parasitic and broken American medical system. However, substantial investment in medical research matters a lot even when the first round of beneficiaries are the rich.

The number of major advances in genetics, in reproductive health, in cancer treatment, in mental health pharmacology, in reconstructive surgery, etc, all because rich people wanted to make sure that their fetuses were healthy and blond or that their skin moles were promptly removed or that they had constant access to anxiety medications that mixed well with a martini are legitimately vast.

I think it is a mistake to look at the amount of money going into American medical research and conclude that because rich people benefit first that it does not therefore make the world a healthier place.

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Spoonbills t1_izb54m7 wrote

I'm not suggesting it's a good thing. I'm saying there are a lot of US corporations poised to take advantage of medical advances.

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