4 ms·
Healthcare is literally the least "capitalistic" industry in the US. Posting prices is literally like a foundational concept. In many states, you still need to
by tryptophan 7y ago
Healthcare is literally the least "capitalistic" industry in the US. Posting prices is literally like a foundational concept. In many states, you still need to ask your local competitors for permission for if you can open up your own hospital.
Perhaps the real issue is the lack of capitalist principles? Perhaps the issue is CMS trying to micromanage everything via billing in a very centrally planned manner?
I think its interesting that the areas of the economy with the most government intervention are doing the worst... Healthcare, education, housing...etc. You could even throw in ISPs with their government guaranteed monopolies.
Meanwhile tech had basically no regulation. What do we see? Many things are free (yes even to the poor! Without a government guarantee or people going around proclaiming that it is a human right! Insane!). The industry also has some of the highest paid (no tech minimum wage to bring it about, insane!) and best treated workers...
- __s 7y agoSome survivorship bias: industries that are doing well without regulation are the least likely to be regulated
- mnm1 7y agoTech is enabling dictators, genocides, election tampering, massive theft, massive surveillance, addiction, etc. It's hardly doing well. Unless your definition of doing well is a few people profiting from the suffering of the masses. In that case, you're right tech is doing wonderful and we don't need government intervention. We could regulate tech to get this under control. Or we can deregulate medicine and forget about sanitizing surgical tools or sterilizing this and that. I'm sure the healthcare providers will do it themselves without being forced to. What could possibly go wrong with expecting healthcare providers to pay for necessary things they do not deem necessary for budget purposes? The plan is genius.