3 ms·
Doesn't medical school in the US cost something like $350,000? That might have something to do with high doctor salary. Doctors and nurses, heck let's include h
by ndespres 6y ago
Doesn't medical school in the US cost something like $350,000? That might have something to do with high doctor salary. Doctors and nurses, heck let's include hospital janitors too, are not "extracting wealth" from the healthcare sector. They are being compensated for their labor and skills. Wealth extraction occurs when people profit from the industry who are not performing any labor or providing any value.
- nickff 6y agoMedical schools are the method by which doctors control the supply of competitors (as the AMA controls school accreditation).[1] The schools are simply collecting their share of the rent. [1] https://medianism.org/2018/03/31/occupational-licensing-is-the-new-unionization/ https://medianism.org/2018/03/31/occupational-licensing-is-t...