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Author Topic: POLITICS & DONALD Annoying Orange MEGATHREAD  (Read 2868517 times)

poor people died in the streets of sickness for hundreds of years - how come it's become an issue now??

poor people died in the streets of sickness for hundreds of years - how come it's become an issue now??

good point

it sounds handicapped to say, but let's really think about this; if corporations are as really into money as everyone says they are, then realistically they have more of an obligation to keep you alive than the government does

We've seen time and time again when there's no competition in a market, the leading company will artificially drive up prices of their service because their consumers cannot elect to use a competing service. Either way, people will pay out no matter how expensive healthcare gets because it's absolutely vital to survival for a lot of people to get proper healthcare. Leading competitors in healthcare are very aware of this fact.


what needs to be done is to encourage competition within the industry, and the only way to do that is to remove restrictions and subsidies that keep starfish monopolizing companies alive

I completely agree with this form of solution, striving to create competition in an industry leads to innovation. Problem is with the second part of my point, conflict of interest. If you're going to pass this deal through to start retooling our healthcare system to support a competitive private healthcare market, you're going to have to go through hell and back to get the lobbyists on your side.

good point

jesus christ if this isn't ironic it's bordering ancap territory lol

I completely agree with this form of solution, striving to create competition in an industry leads to innovation. Problem is with the second part of my point, conflict of interest. If you're going to pass this deal through to start retooling our healthcare system to support a competitive private healthcare market, you're going to have to go through hell and back to get the lobbyists on your side.
This is an extremely serious issue. Corporate interests control a vast amount of the legislation that goes through congress. Hundreds of millions of dollars have already gone to politicians to make them oppose Net Neutrality, and healthcare is another thing that corporate interest lobbyists have a firm grip on. If you want a solution that's not going to just degrade into oligopoly again, then we need a solution to get money out of politics.

hey man remember company towns, with their own company issued currency? wasnt that great??

i would like one McMeal please. here's your McDollars

imagine if the government did what it was supposed to do and not get involved in healthcare in the first place

Libertarian fantasies, we meet again

it sounds handicapped to say, but let's really think about this; if corporations are as really into money as everyone says they are, then realistically they have more of an obligation to keep you alive than the government does
That's not true based on the economics of how monopolies work. Monopolies, by definition, create deadweight loss in the market by charging their products at a profit-maximizing price rather than the market equilibrium price. What this means, in lay-speak, is that there should normally be an exchange of money in the market (for instance, people buying drugs and staying alive) but it isn't happening because the monopolist isn't taking prices from the market. That means that less medicine is being sold (Qc - Qm on the graph), meaning people are dying.

Now, if the monopoly's profit-maximizing price is pretty close to the equilibrium, then the effect might not be terrible. There is no widespread shortage of epi-pens, for instance, because the price probably wouldn't be too much lower in a more efficient market. But the same can't be said for other drugs.



what needs to be done is to encourage competition within the industry, and the only way to do that is to remove restrictions and subsidies that keep starfish monopolizing companies alive
The only way to do this would be to decay their patents so that other firms can start producing the same drugs. That's a problem because if you do that, you're removing 90% of the economic incentive for people to create drugs, which will kill more people in the long-term.

There is no way to starve out monopolies by removing restrictions and subsidies. Monopolies are operating with more profit than is possible for them to make in a competitive market. You cannot convince corporations to become less monopolistic because it will cost them money.
« Last Edit: July 22, 2017, 08:16:42 PM by SeventhSandwich »

poor people died in the streets of sickness for hundreds of years - how come it's become an issue now??

It's always been an issue, it's just that nobody else besides the left cared about it and/or had any plans to solve it