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by aceazzameen 1404 days ago
What's a better system then? Because it certainly isn't privatization. And correct me if I'm wrong, but I'm assuming that's what you're arguing for.

>you pump unsustainable amounts of money into the service over time. This allows you to offer a great service until in the future you can't pump enough money into it anymore.

This is how every growth based juggernaut business works as well. Quality of service always goes down to continue growth of profits, especially after you've crushed the competition.

IMO, healthcare of the public should not be a profitable business. Or the business will always find ways to squeeze their customers who simply need care for the health.

1 comments

It's not so much the profit that matters, in principle. But profitability does provide some constraint and guide to resource allocation that a public institution is still grappling with how best to do. Private institutions can go under and be replaced more easily. Again, not perfect, but you never see the same creative destruction in government institutions.