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Capitalism is not just what Wall Street wants. Plenty of firms in a wide variety of industries don't have a shareholder mandate to increase profits every quart
by NickC25 3y ago
Capitalism is not just what Wall Street wants. Plenty of firms in a wide variety of industries don't have a shareholder mandate to increase profits every quarter. They have to respond to the needs of Main Street, not Wall Street. They still operate under capitalism.
How else is health care supposed to work? How about government subsidies? How about price controls? "Public healthcare is such a complex beast that only 32 of the 33 most advanced economies in the world have made it work"
- fragmede 3y agoI mean, I'd love those things in greater quantities than we have now, so I agree with you, but until that happens, we gotta do the best we can in the system we got.