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Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by John23832 on Wednesday November 30, 2016 @10:58AM (#13071734)
> Ha! This is first time I've heard someone try to explain single-payer healthcare as an example of capitalism.

Well single payer isn't Capitalism, it's Socialism. I wasn't trying to represent it as Capitalism. In (this form) Capitalism, if one buyer and one seller can't agree (where the supply and demand meet), then that's ok because there are (most likely, given a supply/demand graph) other buyers and other sellers.

In (this form) Socialism, if the sellers cannot agree with the single payer (or the payer that represents an overwhelming number of the potential buyers) then they don't get paid for services (or are relegated to the much smaller market segment).

>> I know people see this as a bad word, but if we leveraged the best of both Socialism and Capitalism in situations like these we would be better off.

Not to imply that you were being disingenuous/malicious, but leaving out this part of my post misrepresents what I was trying to say.

Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by ende on Wednesday November 30, 2016 @09:58PM (#13076847)
Single payer systems are neither Capitalist or Socialist. It's just a form of public spending.
Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by John23832 on Saturday December 03, 2016 @02:54PM (#13097234)
Under (pure) Capitalism, there isn't public spending for private individuals. Not to mention government influenced pricing... single payer is pretty far away from laissez-faire and capitalism.
Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by ende on Monday December 05, 2016 @01:32AM (#13103749)
Capitalism is simply an economic system based on private ownership of property. Public spending is completely irrelevant. Single payer systems are entirely compatible with capitalism, and is a good example of Social Democratic policy (not to be confused with Socialism, which it is not), which seeks to work within the structure of Capitalism. A Socialist system would be one in which private ownership (of health care) is prohibited; perhaps the closest example among modern democracies being the NHS in the UK.