The free market will provide – for you?

Business and politics aren’t working naturally toward the socially optimal solution.

Me, more or less, in the last post.

Assuming this is true (and observation strongly suggests that it is), and the idea that capitalism is agnostic in regard to social effects, then it’s a logical conclusion that healthcare isn’t best left solely to the free market.

Hospitals wouldn’t be located to best suit society’s needs, but to optimise for revenue or cost reduction. As the post-war consensus has broken down, this is exactly what we’re seeing as corporate management style takes over our political structures.

Even before arguing about how a health-care system should be paid for, there are key questions about the thinking that should drive its provision.

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