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You're talking about introducing another layer of complexity on top of an already Byzantine system. Price controls come with many issues, such as incentivizing
by nickff 6y ago
You're talking about introducing another layer of complexity on top of an already Byzantine system. Price controls come with many issues, such as incentivizing lobbying & corruption, as well as dis-incentivizing market entry & long-term investment, resulting in a lack of capital expenditures which causes inefficient production.
Healthcare is complicated, and we need to simplify it as much as possible; this is a great example of a situation where we could use 'simple rules for a complex world'.[1]
[1] https://hbr.org/2012/09/simple-rules-for-a-complex-world https://hbr.org/2012/09/simple-rules-for-a-complex-world
- jakelazaroff 6y agoSure, our healthcare system is crazy. But is healthcare really inherently complicated? This is a solved problem basically everywhere else in the world.
- heleninboodler 6y agoThe problem is that everywhere else in the world doesn't have the delusion that unfettered capitalism and healthcare are compatible. The US manages to pick and choose socialistic policies in some areas, and I'm more or less just waiting for them (us) to come around to the view that basic healthcare is just one of those things that everyone needs in order to have a decent shot at life so you might as well just provide it as a blanket service.
- marcusverus 6y agoThe US system is far from perfect, but blaming its dysfunction on 'unfettered capitalism' is absurd. The US healthcare system is among the most heavily regulated industries in the US economy. Among those regulations are FDA policies that give Big Pharma monopolies on new drugs. The FDA extends these monopolies for decades, allowing companies to operate as state-created monopolies. Once the state-created monopoly times out, competitors face a years-long approval process before they can market a generic version of an already approved drug.
- jakelazaroff 6y agoThat’s true. But given the relative success of socialized healthcare in most other countries, I’m not sure why you’re seizing on the “unfettered” part rather than the “capitalism” part.
- heleninboodler 6y agoYou're absolutely right, "unfettered" is hyperbole. I just get a bit weary of the "free market will fix it" attitude, because it's only really free market if all involved parties are free to set the terms of the transactions, and most consumers of healthcare do not actually have much power to do that (or even to know the terms before "purchase"). So the "free market," to the extent that it exists, optimizes for those participants who do have that power, to the detriment of the end user. In my opinion, of course.
- heavyset_go 6y agoGermany has had universal healthcare since the 1880's under Otto von Bismarck. This has been a solved problem for more than a century.
- Analemma_ 6y agoSomehow, every other country on earth seems to be managing.
- skipants 6y agoYour comment and the one higher in this chain makes it sound like a hard problem when it's only a problem for the United States and no other (1st world) country. I don't really understand how that's possible.
- AdmiralAsshat 6y agoIt's a well-established pattern. https://www.theonion.com/no-way-to-prevent-this-says-only-nation-where-this-r-1836949715 https://www.theonion.com/no-way-to-prevent-this-says-only-na...
- nickff 6y ago>"When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3." " >" Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith. " https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- AdmiralAsshat 6y agoI can assume good faith while still believing your comment is driven by the same American Exceptionalism mentality that leads to the mindset echoed by The Onion article. If your concern is that the reply comes across as mocking rather than engaging: the article was more concise and more eloquent than the potential diatribe I had written up, so I used it.
- nickff 6y agoI am not an American, and I do not believe in American Exceptionalism.
- chipotle_coyote 6y agoSomeone (skipants) did respond that way: > Your comment and the one higher in this chain makes it sound like a hard problem when it's only a problem for the United States and no other (1st world) country. I don't really understand how that's possible. Yes, healthcare is byzantine in the US, but it's not less complex in any other first world country, yet America is a dramatic outlier -- in a bad way -- in terms of price to performance. Countries that do markedly better on such measures are also countries which tend to have some kind of price controls built into their healthcare system. While I understand the temptation to bristle at the more needling comment, it's hard not to see debating over whether someone whose username is "Asshat" is being unfairly sarcastic as a bit beside the point. (Also, the good admiral did not, as far as I can tell, attack you, he attacked what he perceived to be your argument.)
- HarryHirsch 6y agoCorruption in the British NIH seems a non-problem. The newspapers would be full of it if it were.
- ytwySXpMbS 6y agoPerhaps you should be arguing against lobbying instead of arguing “well, if we try to stop big pharma they’ll just fuck us so might as well roll over and die”.