More Farage wisdom

[sasguru]

And the reason "huge capital expenditure" is required is down to legislation that funnily enough protects the incumbent monopolies.

How does that work with pharma - what legislation is this of which you speak?
I know of none. You can start a pharma company today if you like.

[DodgyAgent]

So you're just talking complete and utter bollux then.
Glad we established that.

If I talked sense you wouldn't understand it

[sasguru]

If I talked sense you wouldn't understand it

Still waiting for you to explain why you can't start a pharma.
In actual fact Britain has a thriving small biotech industry - it's one of our strengths - from penicillin to test-tube babies to Dolly clones to unravelling DNA etc etc , we lead the world.

[doodab]

And the reason "huge capital expenditure" is required is down to legislation that funnily enough protects the incumbent monopolies.

Are you suggesting that it's basically free to build a car factory or develop a new drug or microprocessor and the only thing stopping you is "legislation"? What utter cobblers.

[sasguru]

Similarly you could start a car manufacturing plant up if you wanted.
Hell, HMG would probably even help you with a grant to do it.

The only one on your list which is a closed shop is banking - and that's nothing to do with the EU.
In any case technology is already subverting the banking model so its irrelevant

[OwlHoot]

You can start a pharma company today if you like.

Does that include actually selling any (previously approved) pharma?

I bet it would be years and years before one could start selling even pristine pure aspirins.

[sasguru]

Are you suggesting that it's basically free to build a car factory or develop a new drug or microprocessor and the only thing stopping you is "legislation"? What utter cobblers.

a replacement for OG on cretinwatch.

[sasguru]

Does that include actually selling any (previously approved) pharma?

I bet it would be years and years before one could start selling even pristine pure aspirins.

If its off-patent yes you can make and sell it.
You can open an aspirin shop tomorrow if you wanted.
Haven't you been to your corner shop recently? They sell aspirin.

[doodab]

Let us run a list of all businesses that would now be impossible for a "man in the street" to start from scratch:
I will start:

Banking, Insurance, pensions, vehicle manufacturing, chemical manufacturing. Pharmaceuticals The list is endless.

We are left with what ? software development , setting up a recruitment business (the only worthwhile ethical business left), selling the big issue

There is actually nothing to stop a sufficiently wealthy man in the street from doing any of those things but the fact is most "men in the street" can't do these things, or open restaurants or cafes, or open a retail store that holds stock, because of the level of investment required to do it properly. It's because most people are just too poor, which has nothing to do with legislation.

[Mich the Tester]

Similarly you could start a car manufacturing plant up if you wanted.
Hell, HMG would probably even help you with a grant to do it.

Is DA the next John DeLorean?