Re:Problems with relying on billionaires to save us
by nebula8804 on Wednesday October 13, 2021 @04:15PM
(#28857098)
AOC rebutted this point years ago. I'm starting to think we will be having these pointless discussions for decades or until the system completely collapses. There is just so much disinformation out there and it is still being peddled today in 2021.
Cost compared to what? In a free market situation, everyone gets to negotiate for the price.
It seems insane to be a group advocating for the free market of ideas, only to decide that the free market / negotiation suddenly doesn't work in this case.
If the government negotiates too low, then the other side rejects the deal. If the government negotiates too high, the other side accepts the deal and the government wastes money (but probably less waste than no negotiation at all). You know, like sane people would. Standard free market philosophy.
Government doesn't want to lose services (Medicare / Medicaid promises a set of services), so that incentivizes the Government not to shoot too low on the price. That's the price discovery mechanism.