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The costs tell how capitalism ruined the capitalism and twisted it to work solely for the (already) capitalists who are/were on the upper deck of capitalist yac
by fakeer 14y ago
The costs tell how capitalism ruined the capitalism and twisted it to work solely for the (already) capitalists who are/were on the upper deck of capitalist yacht.
It's not just insurance cost - it's the entire healthcare system it seems that is complicated and made not very easily accessible. There's an answer to a question on Quora, by a guy who stayed in USA.
Question is: What are some things that you can do in India but not in the US?
Answer says: I can go to a doctor with no insurance, no paperwork...[1]
I don't think it's very unsafe to assume that the healthcare is designed in a way to make it extremely costly and make it accessible only to the rich and paying(whatever the huge amount set) customers.
Is it so true that USA doesn't have an dependent clinic or practitioner medical care culture? As in an independent doctor setting up his/her clinic or hospital and not associated with some BIG hospital clinic chain or just one mammoth+costly hospital.
What about the state owned hospital or medical schools? Like those in state owned universities for example. How is the cost of treatment/check-up there?
disclaimer: In no way it's comparison of quality of healthcare in two countries, it just discusses the way it is accessible.
[1]http://www.quora.com/What-are-some-things-that-you-can-do-in-India-but-not-in-the-US/answer/Balaji-Viswanathan-2 http://www.quora.com/What-are-some-things-that-you-can-do-in...
- cpursley 14y agoWhat you describe is not capitalism. It's cronyism. The US healthcare market is far from a free market; hasen't been for 50 years.
- repeta 14y agoYes, what he described is not True Capitalism™.
- AlexeiSadeski 14y agoGiven that Smith created capitalism in order to argue against cronyism (NOT socialism), it seems odd to criticize capitalism for cronyism.
- rskar 14y agoSmith "created capitalism"? Per Wikipedia (http://en.wikipedia.org/wiki/Capitalism http://en.wikipedia.org/wiki/Capitalism): "The term capitalism, in its modern sense, comes from the writings of Karl Marx." You may want to read its section "Etymology and early usage" for more perspective. Then look up Adam Smith and "The Wealth of Nations".
- AlexeiSadeski 14y agoOne needn't coin the term to have created something. Marx came after Smith - Marx's writings were in response to capitalism. Smith's writings were in response to mercantilism/cronyism/protectionism/imperialism.
- thatswrong0 14y agoBy definition, it is not. What is your point?