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People wonder why I loathe insurance companies. It's really upsetting how our modern world has gotten, thanks to legalized protection rackets.
by Endy 8y ago
People wonder why I loathe insurance companies. It's really upsetting how our modern world has gotten, thanks to legalized protection rackets.
- kstrauser 8y agoI'm very pro-capitalism. I love it. I think it's great. But no matter how terrible I was raised to believe that socialized medicine would be, it simply cannot be worse than what we currently have.
- eric_h 8y agoThe thing is that some problems are not solved by an immediate profit driven market. Healthcare, education and public transportation all suffer when the required payback periods are relatively short. A good healthcare system will pay itself back by adding to the next 50 years of economic output. Good, accessible education will continue to improve the economy over generations. Good transportation increases the mobility of the entire population which allows for more competition over longer distances in a given region. By no means should we socialize everything, but we should certainly socialize the things that the free market has been failing at for decades.