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Chainleft
@chainleft
Classic case for capitalism is that it'll usually win in the shortest terms. For example. you privatize education, so less tax burden on citizens. Of course by turning your education into a profit-machine, you're changing the objective function of your system. Over time, your system will optimize for profit instead of the optimizing for better education. Same applies to reducing protections for health, food, family programs, etc. What I'm saying is, starting from the same point, invisible hand cannot compete with planned systems on longer periods.
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Spaceman Spiff π©π
@spaceman-spiff
Would love for anyone who disagrees to explain health care costs in the states vs the rest of the developed world.
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thoughtcrimeboss
@thoughtcrimeboss
We don't have a free market health care system.
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Chainleft
@chainleft
It's "freer" than other developed nations. It's not binary, it's a spectrum.
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thoughtcrimeboss
@thoughtcrimeboss
Yes as are most things, but often when you try something but you don't go all the way, you get a bad result when you could of gotten a good result if you had just taken it all the way to the finish line. An analogy is drug decriminalization doesn't work but drug legalization does work. Oregon tried decrim, it failed because decrim doesn't remove the black market and the inflated profits that cause crime. So people assume if decrim failed then obviously legalization would be worse. So they go backwards instead of forward. The same applies to US healthcare, the partially free market model doesn't work, so people wrongly assume that a fully or more free market model would be even worse, so they go backwards instead of forwards.
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Chainleft
@chainleft
That could be the case for some things IF we didn't have other data points. But it's not just that it doesn't work in USA, it's also that there are dozens of countries whose budget is a lot lower than US (even per capita) where public healthcare simply works! To map it on your analogy, if drug criminalization worked elsewhere, you could conclude that decrim/legalization just doesn't work. But that's not the case. Neither halfassed decrim nor status quo works, so you're right that this is a good example for full solutions, but it's not the same case as healthcare.
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