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Also it's worth noting that the US has a bunch of nationalised/government controlled services that are privatised in the UK and other parts of Europe, including
by cameronh90 5y ago
Also it's worth noting that the US has a bunch of nationalised/government controlled services that are privatised in the UK and other parts of Europe, including:
- Airports and airport security
- Postal service (USPS)
- Train operators (Amtrak)
- Insurance (FCIC, FEMA)
- Various municipal utilities and the TVA
- Various credit/financial/banking institutions
In the UK, we have privatised airports, mail, energy, telephony, water, train operators (though this is sort of changing), and don't have equivalents for many of the government owned finance organisations that the US has.
Additionally, many of the private industries in the US are far from free market. The UK's private healthcare industry is arguably more free market than the US's private healthcare industry, although has to compete with the NHS.
This isn't a criticism, just to remark that the US certainly isn't afraid of nationalisation and government owned services.
- WalterBright 5y agoThe US indeed has a very unfree health care system, and that is the source of the bulk of the problems with it, such as incredible costs. It's not a coincidence that the industries heavily distorted by the government in the US are the costliest - health care and education. Ironically, this interference was all aimed at reducing cost.