I don’t think any system of economics – communism, socialism, national socialism, nor capitalism – can provide the solutions we need to make a remarkable health care system.
It’s nice to think that a Big Government solution is the answer, but such a system brings the risk of nightmarish bureaucracy. Not necessarily, but likely.
It’s also nice to think that a Free Market health care economy would eventually bring balance to the force.
Both extremes bring with them considerable ethical drawbacks. Big government tends to impose politically-generated policies. Free markets tend to generate externalities and are often unable to address conflicts of interest and natural oligopolies and monopolies.
WE NEED A NEW KIND OF ECONOMIC PARADIGM
A new kind of economic thinking will be required if we are to solve the health care problems facing our country. I wish there were simple solutions.
Currently our system seems to exhibit the worst aspects of both socialism and capitalism.
What I think we need is an economic system that encourages incentive-based innovation and marketing while preserving the integrity needed for ethical solutions to social disparities.
In light of the Trillions of dollars we are spending to bailout industries run by fiduciary sociopaths, it’s heartbreaking to think what we could have done with those funds for health care. A re-haul of infrastructure; incentives for nurses and primary physicians; investments in remarkable and innovative technologies. Socialist or Capitalist, Liberal or Conservative: how cheated do you feel right now?
Perhaps we will need to seek out more localized, collaborative efforts to protect our health. Perhaps there are Long Tail solutions to some of the Short Head problems. Health care is America’s Achilles heal. Time is running out. Are you enraged? Do you know the time value of your health? That might be a start for you. You have more power than you know.
THE TAGLINE FOR THE AMERICAN HEALTH CARE SYSTEM
So I offer, for simplicity, a tagline for our current system. Remember this meme the next time you’re hospitalized and dealing with both the inanity of government regulations and free market mediocrity:
Screw the poor and disappoint the rich.
– Tagline of the American Health Care System