4 ms·
American healthcare is truly apocalyptic. It is the worst of all systems in the world. Even developing Asian countries have figured out better systems. There i
by nine_zeros 3y ago
American healthcare is truly apocalyptic. It is the worst of all systems in the world. Even developing Asian countries have figured out better systems.
There is no one single root cause to fix here. The entire system needs to be uprooted - entire companies and shareholders will need to get wiped out. Unfortunately, ain't happening in ultra capitalist America.
For other countries, there is still hope.
- ufocia 3y agoAmerica is not ultra-capitalist. American capitalism is hobbled by regulatory capture. Here and there it manages to briefly escape, e.g. Uber and Lyft, only to be recaptured again by redesigned regulation/enforcement to preserve, among others, the tax base (rents) and thus support the bureaucracies.
- nine_zeros 3y agoYou are not wrong. But a more accurate assessment is that it is capitalism for the regular people but socialism for businesses.