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Re:Buy, Borrow, Die – Explained by ripe on Sunday September 01, 2024 @01:10PM (#41418504)
Our healthcare is horribly wasteful and inefficient. But since the US government isn't in charge of it for most people, you can't blame them here. Our ultra-capitalist healthcare "system" achieved this spectacular waste all by itself.
Re:Buy, Borrow, Die – Explained by AnthonyMouse on Sunday September 01, 2024 @03:39PM (#41419708)
The US does not have an "ultra-capitalist" healthcare system. Its healthcare system is heavily regulated and subsidized and many of those regulations are bought and paid for by the incumbents to prevent competition, i.e. the thing that allows private systems to be efficient. You can't just call something "capitalism" while regulating it into market concentration and expect that to work.
Re:Buy, Borrow, Die – Explained by ripe on Monday September 02, 2024 @04:35PM (#41428584)
You're making a "no true Scotsman" argument. This is, in fact, how capitalism works whenever you fail to regulate it. Rent-seeking and regulatory capture is a feature, not a bug.