"Socialized" explicitly means government ownership of the means of production (1-3). Weaker definitions include ideas like regulation, administration, or contro

"Socialized" explicitly means government ownership of the means of production (1-3). Weaker definitions include ideas like regulation, administration, or control. But let's stick with ownership. Your word, so let's work with that. If the government owns the system, the government can establish all sorts of controls (4). What do you think the margin is in these sectors (% is of $3.5T in 2017) Hospital care (33%) Physician and clinical services (20%) Retail drugs (10%) Other health, residential personal care services (5%) Nursing care facilities (5%) Dental (4%) Home health (3%) Other professional services (3%) Other non-durable medical products (2%) Durable medical equipment (2%) (1) https://www.britannica.com/topic/socialism https://www.britannica.com/topic/socialism (2) https://www.merriam-webster.com/dictionary/socialism https://www.merriam-webster.com/dictionary/socialism (3) https://en.wikipedia.org/wiki/Socialism https://en.wikipedia.org/wiki/Socialism (4) https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/downloads/highlights.pdf https://www.cms.gov/research-statistics-data-and-systems/sta...