Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by lnxg33k1 on Tuesday March 26, 2024 @09:27PM
(#39834784)
A (non)friendly reminder to libertarians that a society where "It's a private company, they can do what they want", is against the best interests of society
[ Parent
| on HN ]
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by skidd0 on Tuesday March 26, 2024 @09:49PM
(#39834909)
You might not have realized how this monopoly was granted. It wasn't a free market decision, it was state sanctioned.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by nkrisc on Tuesday March 26, 2024 @10:36PM
(#39835160)
A state-sanctioned monopoly means the state did not interfere in preventing the monopoly in the first place.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by saalweachter on Tuesday March 26, 2024 @10:26PM
(#39835102)
The state forced these hospitals to merge over the objection of their owners?
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by akira2501 on Wednesday March 27, 2024 @01:52AM
(#39836047)
That almost makes it sound like "the state" did it for fun and that money wasn't somehow involved.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by autoexec on Tuesday March 26, 2024 @10:38PM
(#39835165)
I never understood the desire to be ruled over by private organizations designed to exploit you leaving you basically powerless to do anything about it. You aren't allowed to vote for the CEO of a billion dollar multinational.
Governments on the other hand are something that every person has the power to change and influence directly. For all the effort that has gone into making it harder for people to change their government effectively, we're still better poised to do that than we are when up against massive corporations.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by amanaplanacanal on Wednesday March 27, 2024 @05:04AM
(#39836900)
The theory is that competition will solve the problem, if you don’t like one company you can go to another. There are a lot of areas where this doesn’t seem to work though, for various reasons.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by krapp on Wednesday March 27, 2024 @06:29AM
(#39837385)
Also it fails to take into account that in an unregulated system companies will simply collude rather than compete.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by ch4s3 on Tuesday March 26, 2024 @10:46PM
(#39835208)
Healthcare is almost the farthest thing from a free market in the US. There are 35 states with certificate of need laws which allow existing hospitals to veto the opening of new hospitals. The US government sets funding for residencies and in effect sets the supply of doctors. In poor states Medicaid and Medicare are the largest payers into health systems. The FDA controls what medicines can be prescribed and for what reasons.
You’re not going to find any libertarians who have anything nice to say about US healthcare.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by trentnix on Tuesday March 26, 2024 @09:46PM
(#39834898)
Government can do what it wants, and at a perpetual loss. At least the private company has to make ends meet.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by hengistbury on Wednesday March 27, 2024 @05:56AM
(#39837174)
Governments still have budgets. At the end of the day it's just money in, money out, except private healthcare has someone siphoning money in the middle.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by justrealist on Tuesday March 26, 2024 @10:19PM
(#39835060)
There's nothing even remotely libertarian about US medical care. Find another strawman to attack.
Re:After Appalachian Hospitals Merged into a Monopoly, Their...
by humanrebar on Wednesday March 27, 2024 @06:25AM
(#39837358)
Yeah, a libertarian would let you buy penicillin from a pharmacist without a prescription, so you wouldn't need an ER visit to see a doctor to get the obvious prescription written before next week.