2 ms·
I didn't say "capitalism is bad". I pointed out that the state of the current market players are so far from what you'd expect in a "free" market, that pushing
by mindslight 3y ago
I didn't say "capitalism is bad". I pointed out that the state of the current market players are so far from what you'd expect in a "free" market, that pushing to make the market incrementally more free is likely to do the exact opposite by increasing the coercive powers of the already-entrenched interests.
Once the health "insurance" cartels are put out of business, providers are legally required to publish uniform price schedules and ahead of time quotes, pharmaceuticals can be freely bought across borders, mandatory prescriptions are eliminated, residencies are funded privately, etc, then maybe there is a chance at a freed market fostering a functioning market. But not one step before then.