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A key question is why the free market does not work in this case. Many business are "profit obsessed", yet it does not mean they won't provide quality products
by hintymad 2y ago
A key question is why the free market does not work in this case. Many business are "profit obsessed", yet it does not mean they won't provide quality products or services at increasingly lower prices. What's different in the health care?
- mutatio 2y agoLikely because some core components of health care cannot be comoditised via technology, there's still vast human involvement from diagnosis to surgery, all the way to social support of the aged. Everything is getting stretched at the edges by aging populations in most of the developed world meaning medical and technological advances don't even touch the sides. I'm in the UK (NHS), I don't see a bright future for systems like the NHS or mostly private systems like the US. There's an extreme core cost which "systems" cannot make disappear.
- therealdrag0 2y agoIt’s not a free market