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For better or worse, thats how it should work. Failure of centrally planned economies all across the globe says something. Markets don't have elections and mos
by kamaal 9y ago
For better or worse, thats how it should work. Failure of centrally planned economies all across the globe says something.
Markets don't have elections and most politicians/bureaucrats don't exactly have the competency to decide what should be good for everyone. Letting people vote with their wallets has largely worked.
Of course no system is perfect, but this is as fair as it gets.
- crdoconnor 9y agoThe centrally planned NHS achieves similar public health outcomes to the US for less than half of the cost. The excellent Cuban health system achieves the same for roughly 1/10th the cost. Which part of "double the price same product" counts largely "worked" and why do you want me to give up my cheaper system for yours?
- whb07 9y agoWell, this isn’t my point of view but the US largely subsidizes the medicine and research for the rest of the world when it comes to health. Just look at the number of medical innovations year coming the rest of the world COMBINED vs the US. Clearly there’s some free riding happening by the rest. Furthermore, don’t ever say “excellent Cuban” anything. There’s a reason why people try to cross shark infested waters on dingy rafts from Cuba to Key West, Florida. People vote with their feet and wallets.
- megaman22 9y agoWe can discuss the efficiency of a market-based health care system when such a thing exists. The current system is as artificial and corrupted as the taxi medallion situation. If only I could walk into a health care facility and see the prices posted on the wall for various procedures, or get an estimate upfront, the way I can at any auto garage...
- crdoconnor 9y agoNo true scotsman...
- forapurpose 9y ago> For better or worse, thats how it should work. Failure of centrally planned economies all across the globe says something. This issue has nothing to do with central planning. Free market theory does not support legal anarchy. It really should work that businesses can do whatever they want, irrespective of the law? Can they murder? Steal? Damage your property and life? It's absurd.