The laissez faire attitude about capitalism and business development is only effective in an unrestrained or open market. It does apply if I don't want to pay John $2 for his widget. In that case, I can make my own widget and sell it for $1.
However, as I'm sure everyone knows, the market place for drugs involves, among other market forces, the relationship between big pharma and the FDA, and is the antithesis of an open market.
When the US has 500,000 medical bankruptcies/year, and middle class families have to choose between food and prescription drugs, something in the system is broken. It's an easy statistic to ignore until the person who needs the drug is you or someone you love. These are not trust fund kids tearing down the barricades at Cal Berkeley, these are mostly hard-working, middle class, taxpaying families who have been paying WAY more than their share of taxes for generations.