Quote:
Originally Posted by seattlelou
Then I guess when you think about things a centrally planned economy is more efficient than capitalism which is demonstrably false.
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Do you really see the world in such ridiculously black-and-white terms? You don't think it's possible that the government is more efficient at some things than the private sector but not others?
It's fairly obvious that government-run health insurance has some benefits that private health insurance can't possibly have:
1) No need to advertise.
2) Incredible power to negotiate.
3) Huge benefits from scaling.
4) Much lower salaries for executives.
5) No need to make a profit for shareholders.
Each one of those is a massive benefit.
The downside to government-run insurance is, of course, that the government tends to screw things up because it doesn't have to respond to market pressures like private companies. That's obviously not at all trivial, but it's not hard to imagine 1-5 outweighing that.
All of that doesn't even include the obvious fact that the government is interested in handling health care ethically, while private insurers are interested in making money.
Or, you know, you could just stick your fingers in your ears and repeatedly say that private enterprise is better than the government at everything.