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I can appreciate what you're saying, but please don't ignore the countless counter-examples. Compare health outcomes of countries with socialized medicine to t

by jmcqk6 8y ago

I can appreciate what you're saying, but please don't ignore the countless counter-examples. Compare health outcomes of countries with socialized medicine to those without, for example. How many regulations exist because private companies couldn't be trusted to do the right thing on their own? The Civil Rights act. Sure, you can point out that soviet russia failed economically, especially compared to the US, but there is nothing about that fact that contradicts the point that "freer" economic structures have also led to serious power imbalances between employers and employees, and that many of the rights employees have today in the US are only due to regulation imposed by governments.

pitaj 8y ago
> Compare health outcomes of countries with socialized medicine to those without, for example. Socialized medicine is likely better than the current state of US healthcare, but US healthcare is by no means a free market. In fact, it's probably the most regulated and otherwise distorted by government policy. It all started with the introduction of medicare and the wage caps of the WWII era leading to employer-linked insurance. Before that, it was much more affordable. > How many regulations exist because private companies couldn't be trusted to do the right thing on their own? The Civil Rights act. The civil rights act was created as a response to other state distortions, like Jim Crow laws and segregation. It isn't necessary to prevent discrimination: incentives against that already exist in the marketplace. Give me an example of a regulation, and I'll tell you why it is either unnecessary or actively harmful. > the point that "freer" economic structures have also led to serious power imbalances between employers and employees To the contrary, freer economies led to the reduction of child labor and improvements to worker's lives before any policy actions were implemented. > many of the rights employees have today in the US are only due to regulation imposed by governments If by rights, you mean privileges.
- jmcqk6 8y ago
  >Give me an example of a regulation, and I'll tell you why it is either unnecessary or actively harmful. The various requirements to wear a life jacket. Fire codes. Removing lead from gasoline.

by jmcqk6 8y ago

pitaj 8y ago

> Compare health outcomes of countries with socialized medicine to those without, for example. Socialized medicine is likely better than the current state of US healthcare, but US healthcare is by no means a free market. In fact, it's probably the most regulated and otherwise distorted by government policy. It all started with the introduction of medicare and the wage caps of the WWII era leading to employer-linked insurance. Before that, it was much more affordable. > How many regulations exist because private companies couldn't be trusted to do the right thing on their own? The Civil Rights act. The civil rights act was created as a response to other state distortions, like Jim Crow laws and segregation. It isn't necessary to prevent discrimination: incentives against that already exist in the marketplace. Give me an example of a regulation, and I'll tell you why it is either unnecessary or actively harmful. > the point that "freer" economic structures have also led to serious power imbalances between employers and employees To the contrary, freer economies led to the reduction of child labor and improvements to worker's lives before any policy actions were implemented. > many of the rights employees have today in the US are only due to regulation imposed by governments If by rights, you mean privileges.

jmcqk6 8y ago
>Give me an example of a regulation, and I'll tell you why it is either unnecessary or actively harmful. The various requirements to wear a life jacket. Fire codes. Removing lead from gasoline.