cross-posted from: https://discuss.tchncs.de/post/33936586
this post was submitted on 08 Apr 2025
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How old are you? Did you go through COVID? Capitalism doesn't do disasters well at all. Every cost is minimized. So emergency supplies go unmaintained. If it doesn't help the stock price annually it doesn't get done.
American healthcare is capitalist. It's insurance companies and for profit hospitals. That's why it's bad. Healthcare is an inelastic demand.
China isn't a Democratic State. I'm not arguing that just having one guy handling all the economic planning is a good idea.
I don't disagree with that. Why leave that to the market which doesn't optimize for anything other than more money and whos actions are opaque? Happy, healthy, and productive societies cost money, money that can be spent elsewhere. Slavery is efficient and profitable.
If some organization is going to have the power to make or break me, I want them to be transparent and democratic. Not a rich person who has never worked in their life trying to make more money using whatever means they can get away with.