Comments by "" (@A86) on "" video.
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Denver Joel - Since you claim to be informed of how economics works, point to a model of a "free market" healthcare systems cheaper than single-payer, covers everyone and works better? There is none. If you know about Economics, you'd know that Health has nearly perfectly inelastic demand. A cancer patient needs medicine no matter what, thus is not subject to normal supply-and-demand forces. Treating poor, sick people
is very costly and a Capitalist's motive is to maximize profit. There's no real profit to be made in treating a poor person who needs a tens or hundreds of thousands of dollars in treatment every year yet only earns $30,000/year. In a free market system, you'd leave people like that uninsured, which is tens of millions of Americans. In a "free market capitalist" healthcare system, the goal of an insurer is to provide no service if possible (service is a cost, minimize costs) while charging maximum premium prices (maximizing revenue) and ignoring externalities. Applying a "free market" to healthcare is like trying to apply the "free market" to waste cleanup or environmental protection or feeding the homeless. No profit in it.
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