Comments by "" (@jmitterii2) on "Why French Protestors Have 70% Approval From Citizens" video.
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They must be doing some serious austerity in France because 2017 Mirror Mirror Report their healthcare scored the worst ever only above the US. Canada was the one with the worst for the longest time second to US, largely because their Universal healthcare system was adopted in the 1980's, and doesn't cover dental and vision.
I was wondering why France dropped so much in overall healthcare rating... now I know.
https://www.commonwealthfund.org/sites/default/files/documents/___media_files_publications_fund_report_2017_jul_schneider_mirror_mirror_2017.pdf
And France, don't do this Thatcher/Reagan nonsense. Utilities and other natural monopolies aren't competitive thus for profit motive is nothing but harmful. Profit motive only works for sectors that do not violate competitive market principles. Profit motive only being useful in incentive for competition that can help maximize supply and quality/innovation. If the sector is already non-competitive due to being a natural monopoly or having severe effects on externalities, large barrier to entry, cannot acquire economy of scale (large volume of customers to offset and reduce cost per customer) like hospitals, has an inelastic demand curve (people will pay any price no matter what) like medicines, operations, medical appliances, etc.
My state, Idaho, made attempts to privatize some natural monopoly items like our prisons.
It didn't work, it ended in severe scandal where funding wasn't going to ensuring the prisoners were well taken care of guarded, thus Idaho had to take back the prison.
And long standing, most cities in Idaho have privately owned sanctioned monopoly company called Idaho Power... only a few cities like Idaho Falls, has it's own city owned and operated electric power.
Idaho's electricity is mostly hydro-electric... we have lots of dams as well as wind, and solar.
But most of the cities and rural areas are supplied by for profit owned Idaho Power company. Idaho Power sold a 30 year contract to sell power to California... but our state has grown according to normal population growth, something that could be planned. But wasn't. Idaho Power just saw big green money bags from California. And now our electricity prices are insane.
Fortunately, my current apartment has natural gas for heating which also heats my hot water heater.... probably not good for climate change as that adds to CO2... but it's more affordable.
California needs to build nuclear power plants and/or its own hydro electric and other supply of electricity, us selling them power is not helping to make more supply, and is only to give Idaho Power more profits that's not going to building more power plants, particularly not green power.
Never allow sectors of the economy that severely violates the competitive market principles to become private... for profit motive doesn't help in such situations as explained earlier. It hurts everyone by causing higher prices and lower supply, and even stunts quality and innovation.
It's economics 101. But thanks to Milton Friedman we went the way of neo-liberal neo-con stupidity, a ridiculous moronic dogma that is retreating all nations back to idiot oligarchy prone to economic boom bust oscillations, each oscillation being more violent than the last, and eventually collapse. And of course the workers, the poorer, end up the most hurt all through the idiot process.
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