Healthcare as a purely capitalist system is *always* a captive market with or without regulation. Because when you’re sick or hurt, you have no choice.
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Right. But even though you can say no, because you’re captive, price is very high. Healthcare is worse because you cannot say no. See #2. https://toughnickel.com/business/Is-Business-Ethics-Missing-in-Action-from-the-Marketplace …pic.twitter.com/kLS6uqTXlE
I stand by my original statement, that the Libertarian Party conflates individual rights with corporate rights, and industrial rights, and has no real grasp of *actual* economics. They get individual rights correct, as well as warfare, policing, etc. But the economics are *bad*.
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But you can say no. In a free market, you can say no to a healthcare option if the service is poor or the cost is too great. And if there is a need for better service/lower costs, the market will provide based on basic supply and demand.
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No, it won’t. Because demand for healthcare services is automatically very high. Healthcare providers have absolutely no reason to significantly lower costs. All it does is take money from everybody in the marketplace. 1/2
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