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I think what you're describing is bureaucracy, red tape, over-regulation and crony capitalism. Protectionism as I understand it would be measures taken to reduc
by cheeseomlit 8y ago
I think what you're describing is bureaucracy, red tape, over-regulation and crony capitalism. Protectionism as I understand it would be measures taken to reduce competition from outside the country, not within it
- cryptonector 8y agoWhen the law requires that you get a "certificate of need" in order to build a hospital, that is very much a protectionist measure. Requiring that medical student careers be approximately a decade long is another protectionist requirement. The FDA often functions to protect large players. There is a ton of protectionism in the U.S. healthcare "market".
- vkou 8y ago> Requiring that medical student careers be approximately a decade long is another protectionist requirement. No, that's just reflective of how damn difficult it is to distill the body of knowledge required to be a doctor into a brain. Just because you can learn enough Javascript in 24 hours to build an insecure one-page CRUD app with an animated duck, doesn't mean that you can do the same with the human body. It takes years of theory (med school), and years of supervised on-the-job practice (residency), to build up the knowledge and expertise required to give people good medical advice.
- cryptonector 8y agoMedical training in the U.S. requires first a non-medical degree.
- kkarakk 8y agoyeah i remember my cousin telling me about how she -an american citizen educated in private schools her whole life- had to study english for some reason as part of the requirement of becoming a doctor. the pre-med requirements are pretty much stupid garbage
- vkou 8y agoThe non-medical bachelor's degree is not the expensive part of becoming a doctor.
- cryptonector 8y agoIt sure is expensive though, as it's four years of lost production. Four years' income is a big deal. Cost of opportunity.
- FireBeyond 8y ago> No, that's just reflective of how damn difficult it is to distill the body of knowledge required to be a doctor into a brain. I guess Australian doctors must suck, given that they do it in five years.
- vkou 8y agoIf Australian doctors don't do residency, then yes, they probably do.
- charlieflowers 8y ago(Not GP) -- That may be the official definition, but I think he's right in that it is the same exact principle applied at the industry level.
- justtopost 8y agoAka regulatory capture. You are both correct.