The Wonders of Capitalism: You Must Subsidize What Only the Rich Can Get
by David Sims
THE GENERAL public will be taxed out of a trillion dollars before an anti-aging treatment that actually works is developed. Then the price set for getting that treatment will be so high that only the rich will be able to afford it and live for many centuries. The media will prattle on about how this is the way the “free market” works. That’s how these things usually go.
One of the main purposes of the mainstream media, besides trying to cover up election frauds, is to convince the average taxpayer that he will personally benefit from new technologies he subsidizes, such as life extension. But when the technology is developed and the time comes to deliver the benefits, it turns out that, no, the average taxpayer will not receive any benefits because they cost too much. You might think that the average taxpayer has already paid for those benefits by paying his taxes, but the service providers do not see things that way.
For example, just look at modern medicine. The rich can afford all the best treatments when they get seriously ill, but the cost of even reduced-quality, discount medical help will turn a person of modest wealth into a homeless beggar very quickly.
Likewise for dentistry. If the cost of a replacement tooth was only a few hundred dollars, then a poor old man might be able to save up enough money to get one new tooth every two or three months, and eventually he would have all new teeth. But, instead, the cost of a new tooth is several thousand dollars, meaning that there is no way that a poor old man can ever replace his teeth when they break or fall out.
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