Re:Greg Knauss's 10-year-old son's $23,800 bug bite
by bhb916 on Saturday September 01, 2012 @09:05PM
(#4465753)
This statement sounds totally odd to me on both ends.
First, the US pays more in a lot of markets. By and large, that's because we can.
Second, capitalism isn't applied. That sounds like it's some sort of regulatory tool that just isn't being used correctly. Capitalism is the absence of government force in an economic market with the notable exception of enforcing private property rights. You can say a lot about the US healthcare situation, but "applied capitalism" it is not.
First, the US pays more in a lot of markets. By and large, that's because we can.
Second, capitalism isn't applied. That sounds like it's some sort of regulatory tool that just isn't being used correctly. Capitalism is the absence of government force in an economic market with the notable exception of enforcing private property rights. You can say a lot about the US healthcare situation, but "applied capitalism" it is not.