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With healthcare you either have a true free market, as in no licenses, no patents, etc or you need the State to regulate it and provide it for everybody. The US
by sarcasmOrTears 8y ago
With healthcare you either have a true free market, as in no licenses, no patents, etc or you need the State to regulate it and provide it for everybody.
The US has the worst possible combination.
- rayiner 8y agoA “true free market” doesn’t have no patents any more than it has no rights in land. Patents prevent what would othwrwise be a market failure (free riding) just as property rights in land prevent tragedy of the commons. Put differently, you can’t have markets where you can just take things instead of entering into transactions. Because you can do that in the state of nature, markets are inherently artificial constructs.
- s_y_n_t_a_x 8y agoAmerica's healthcare system is what furthers the world's healthcare through research and development. Because it is for profit, the quality and advances are superior. Other countries that reap the benefits of drugs that America create while only paying generic prices when Americans have to pay for the inflated prices that pay for those expensive drug trials.
- thefounder 8y agoHow much R&D did pharma boy do?
- s_y_n_t_a_x 8y agoThat's your counter? One instance of abuse? I'll take that if it comes with all the breakthroughs the American healthcare system has developed.