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In my opinion, while capitalism is the answer to many problems in our society, it's not and never will be the answer to every problem.?

One such instance I believe that capitalism isn't the best solution is in healthcare, etc. Am I wrong to think this or is there some merit to this opinion of mine?

Update:

Let me just point out that this question isn't exclusive to healthcare, it's capitalism vs other economic systems, like socialism or social democracies, etc.

9 Answers

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  • 3 years ago
    Favorite Answer

    Every modern, civilized, developed country on earth uses some combination of capitalism and socialism, each where it works best. I agree with you, capitalism is great for some things, not so good for others. It is not the universal solution to every problem.

    In the US we are probably the most capitalistic country on earth, but we have socialized education, roads and infrastructure, police and fire protection, and dozens of other things. What would our highway system look like if we'd waited for private investment? Imagine if every airline had to build its own airports and run its own air traffic control!

    When people can't get something they desperately need, they look to government. Liberals and conservatives alike! Single payer is the best solution to affordable, universal coverage health care. Simply expanding Medicare to everyone would be the easiest way to do it.

  • ?
    Lv 7
    3 years ago

    You are wrong. Check into the national healthcare systems of western Europe and you will discover that the rich and famous all have private health insurance. In the USA, this private insurance extends into a lot of the middle class. This private insurance provides a higher quality of healthcare than the socialist healthcare systems.

  • 3 years ago

    Maybe there is no "solution" to health care, but Capitalism sure has its virtues.

    To begin with, when you pay the doctor, the doctor is working for you. When the government is paying the doctor, the doctor is working for the government. The doctor's first priority is doing what the government says. The government tells the doctor what treatments are acceptable, what diagnoses are acceptable, which specialists are acceptable, etc.

    Now, if you are very short on money, or broke, government-provided health care is better than nothing. But it sure is not the ideal.

    I can actually remember the days, years ago, when doctors could provide free or low-cost treatment without the approval of the government. Now they can't, unless they decline all government payments whatsoever. And if your treatment is not approved by the government, you have to find a doctor who does not know you are eligible for government aid, in order to get it. Yes, the bureaucracy, made up of non-doctors tells the doctor how to treat patients.

    And of course the entire bureaucracy is subject to corruption. Doctors easily notify the bureaucrats that they have done so many of "such and such" procedures billable to Medicaid, and they are so billed. No proof. It happens all the time.

    Insurance is not quite so bad, because at least the insurance is paid for by the person, and we have the ability to change insurance if we don't like the one we have. Unless the government prevents us, of course.

  • Spike
    Lv 5
    3 years ago

    Nothing is perfect man. You will always be able to find a flaw in ANYTHING. Capitalism is decent enough, it creates greatness. Because when you live in a country where you are only worth as much as you can offer then it creates a drive in people. And if people are at the bottom of American society it’s usually because they don’t have any skills or anything to offer. If someone from the “hood” right now learned how to be a mechanic, or a plumber, or any other sort of handyman(seeing as they can’t afford collage) they would be making enough to move up the latter a bit. And if they made a profitable business out of it, boom middle class. If you aren’t making sh*t, then you aren’t sh*t, sorry to say. And yeah healthcare sucks balls in this country. That is a flaw. But it’s better than a socialist society where everyone makes the same. What kind of feeling do the great people have when they see a worthless person with everything they have? It kills dedication. And yeah it’s sad when someone has nothing to offer, and it’s not always their fault, but I’m not gonna pretend that the lion is equal to the gazelle. There is a food chain for a reason. And that’s basically what capitalism is, a food chain, where cash is kind of the jungle.. so let me see those fangs ;)

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  • Anonymous
    3 years ago

    That's a good observation. In America today the goal of healthcare is to enrich shareholders, not to improve patient outcomes. People sometimes talk about "death panels," and that's effectively what we have. Corporations whose overriding goal is make money, not to heal the sick and injured.

    This was the reality before Obamacare, and it continued to be the reality after Obamacare. In fact, Obamacare didn't really change anything because private insurers were always the ones in control. That's why a single-payer system produces cheaper healthcare - because it forces health insurers to spend more of each dollar on actual healthcare instead of shareholder dividends.

  • 3 years ago

    Yeah there shouldn't be profit in keeping people sick. The profit motive needs to be removed. Then maybe there wouldn't be all of these huge fat chicks all over the place.

  • Anonymous
    3 years ago

    Youre right. That IS your OPINION. And, your OPINION is not as important as you THINK it is. Not NEARLY as important as you THINK it is. Yes, you are wrong to think that. Socialism always fails. Always. It is the ideology of wackjobs and losers. Which one are you?

  • 3 years ago

    I think opening up all healthcare plans across the whole US, rather than limiting states to certain plans, would create a lot of competition for the best services at the lowest prices

  • Anonymous
    3 years ago

    THE ENTIRE INDUSTRIALIZED WORLD, EXCEPT DUMBASS AMERICA HAS FREE HEALTH CARE,

    EVERY country in Europe

    Japan

    Canada

    New Zealand

    Australia

    Singapore

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