n a recent Congressional hearing, Representative Alexandria Ocasio-Cortez #AOC ripped into #BigPharma about how "people's lives are not commodities." The clip of her statements has now been widely shared and held up as a courageous attack against the evils of Big Pharma and the reality that lifesaving healthcare is not the same as any other good or service. However, all the yelling and passion in the world won't change he fact that healthcare services are derived from scarce resources and therefore are governed by the laws of supply and demand.br br Hashtags: #MedicareForAll #Economics #Scarcitybr br br COPYRIGHT DISCLAIMERbr This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.br br HARASSMENT NOTICEbr It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.br br CHILDREN’S PRIVACY NOTICEbr This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.