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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
The free market is good if it's a truly free market. As you've noted, it's not a free market, otherwise competition would actually come in that acts int eh best interest of the client. And then there are thousands of regulations piled on so even more cost is spent on compliance, and as much as I know some ****** will give some turn-of-the-20th-century answer to regulations in order to facilitate a binary mind, I will just put out here that they've gone too far, and used it to create the crony mess we're in.
Totally agreed. Our pill popping culture never really made sense to me outside of the basics – asprin, penicillin etc.
As far as I see it, this problem is hardly unique or new. What has happened with that premiums keep going up, and the amount we pay keeps going up. It’s the frog in hot water – if you warm up the water, it won’t notice. The same thing has happened to our insurance. What worse ( I found this out directly), the actual price mechanism of this market is 100% opaque. That’s right, you cannot actually attain the real costs of your services. They are 100% made up. This is what happens when you have two profit driven enterprises with the ability to write laws, operate in oligopolies, and expand unchecked.
I love the idea of a free market. I run a business. That said, the free market isn’t always the best market. There are plenty of instances where participants do not need to act in the best interest of the client. Hospitals and insurance (from a financial standpoint) can afford to do this. When I was literally dying, it wasn’t like I was going to go shopping for a doctor in network. They know this, and exploit it to the hilt.
The free market is good if it's a truly free market. As you've noted, it's not a free market, otherwise competition would actually come in that acts int eh best interest of the client. And then there are thousands of regulations piled on so even more cost is spent on compliance, and as much as I know some ****** will give some turn-of-the-20th-century answer to regulations in order to facilitate a binary mind, I will just put out here that they've gone too far, and used it to create the crony mess we're in.