5 ms·

Americans really do get the short end of the stick. Having to pay full whack to fund healthcare development while single payer systems just take the result at b

• salawat 5y ago
  There is some slow movement in that direction, but there is a lot of opaqueness that has to be worked through and have public scrutiny turned it's way. At the end of the day though, no matter how you slice the pie of dollars, the motivation of a majority of the market is to make more money. Not to solve problems one and done. Always remember, healthcare is an industry first and foremost; cures aren't good business. Just look at what Wall Street has to say on the matter. https://science.slashdot.org/story/18/04/14/0059236/is-curing-patients-a-sustainable-business-model-goldman-sachs-analysts-ask https://science.slashdot.org/story/18/04/14/0059236/is-curin... So Market mechanisms don't really work unless you structure things correctly; which includes building a prize pool to pull from for each actor to further the state of the art. Try doing that in the U.S. and people will get all bent though because all that capital ends up locked away instead of lining everyone's pockets..
• ummonk 5y ago
  "The only solution is to fund basic science research directly" Which country would do the funding?
  • throwaways885 5y ago
    Preferably, all of them. More selfishly, funding basic science has economic advantages (plus you get to keep the smart people).