Sunday night seems like a good time for a short thread about ICU bed capacity in the time of covid... tl;dr there is insufficient ICU bed capacity because of capitalism. But how? In California, there was a state law passed to require hospitals to be earthquake safe by a deadline.
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private profit maximization off the government trough is still capitalism.
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Wait but everything mentioned that drove up the cost is government regulation. I’m confused. Even if you eliminated any percentage on top from people trying to make a buck (that is, assume $0 profit to owners)... all the work done cuz regs still cost time/labor/materials, no?
End of conversation
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