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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (210342)	12/4/2012 8:10:01 AM
From: Metacomet	Read Replies (2) \| Respond to of 543623

for profit healthcare is a sick joke under our greed culture of capitalism Yup.. And I have gotten straight faced arguments from folks claiming that because of "competition" the costs are held in check Good old "competition" the god machine of capitalism These folks don't have enough sense to see that competition among entities who have no reason for existing is meaningless For profit health insurance is an example of an entity that adds nothing to the well being of the country and seeks to extract a profit thru manipulating the social or political environment in which economic activities occur, rather than by creating new wealth. It is a classic example of Rent Seeking: In economics, rent-seeking is an attempt to obtain economic rent by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth en.wikipedia.org ...and we all know people who will go to the mat, fighting for their right to exist, and in so doing, prevent folks from getting the care they need in order to enhance their bottom lines That is a real pre-existing condition