Re:Coinbase lays off around 1,100 employees
by mensetmanusman on Tuesday June 14, 2022 @03:31PM
(#31744832)
On the flip side, the tragedy of the commons prevents progress in a socialized system.
Game theory says there are no easy answers. Child outcome data suggest that strong family structures seem to have the most impact.
Re:Coinbase lays off around 1,100 employees
by ghshephard on Tuesday June 14, 2022 @07:30PM
(#31747310)
I dunno - I spent 20 years using the Canadian Medical System, then moved down to the United States in 1995, and spent 20 years using the system here, with 5 years in a (mostly) socialized system in Singapore.
There doesn't really seem to be much of a tragedy of the commons when it comes to healthcare - nobody is really that excited about getting an unneeded biopsy, or hip replacement, or colonoscopy....
Agreed that full-throated capitalism seems to be the best system when it comes to allocating most resources (I absolutely do not begrudge Billionaires their Yachts, big houses, islands, private jets - have at it!) - but it's pretty sad when someone who works hard their entire life has to die 10 years early because they can't afford a decent doctor.
Yes. Because they can afford private schooling, legal and medical care that the bottom 90% cannot because those services are privatized and only available to the very wealthy. If the ruling class/wealthy who controlled the system could not depend on their vast wealth for great schools for their children, health and legal protection - then all of a sudden the social system would be spectacular, and everyone would benefit.
Inequality is poisonous because it creates massive disincentives to create a working socialized health, education, legal system....