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<blockquote data-quote="wkmac" data-source="post: 1886631" data-attributes="member: 2189"><p>I disagree. Such socialized programs more often than not create conditions of/for economic rent (in this case a state created monopoly for a drug) and thus the conditions for an excess rent to which wealth is extracted from the larger segment of society and consolidated to the benefit of the State and its privileged class. Socialized medicine tends to dictate terms and conditions that create scarcity and thus an imbalance in supply and demand in the same manner as our greedy entrepreneur or would that be the greedy state too?</p><p><img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p><p></p><p>For the record, for the last 100 plus years we've had some form of socialized medicine (a mostly rightwing form) and why the argument that ObamaCare makes medicine socialist is political BS because it already was to begin with well before Obama even came on the scene. But now we are seeing it scaled up more and more as a result of ObamaCare and "should" republicans retake power and "should" they actually change ObamaCare, the core of ObamaCare in creating a cartel will not be done away with because it was the medical business insiders who wrote the legislation to begin with. At best the republicans will only replace one privileged corp. class with its own. </p><p></p><p>Among others, Rockefeller who benefited from petroleum/chemical based medicines (funny that his father was a known con man and snake oil salesman) and Carnegie Foundation backing to Abraham Flexner, the fate was sealed early on and today's medical crisis is a result of interventions on behalf of corp. interests while competitive market approaches were crushed just as ObamaCare is doing in creating our present version of medical cartel.</p><p></p><p>Now if you want to defend this corporatism using some utilitarian rationale, you are free to make that choice.</p></blockquote><p></p>
[QUOTE="wkmac, post: 1886631, member: 2189"] I disagree. Such socialized programs more often than not create conditions of/for economic rent (in this case a state created monopoly for a drug) and thus the conditions for an excess rent to which wealth is extracted from the larger segment of society and consolidated to the benefit of the State and its privileged class. Socialized medicine tends to dictate terms and conditions that create scarcity and thus an imbalance in supply and demand in the same manner as our greedy entrepreneur or would that be the greedy state too? ;) For the record, for the last 100 plus years we've had some form of socialized medicine (a mostly rightwing form) and why the argument that ObamaCare makes medicine socialist is political BS because it already was to begin with well before Obama even came on the scene. But now we are seeing it scaled up more and more as a result of ObamaCare and "should" republicans retake power and "should" they actually change ObamaCare, the core of ObamaCare in creating a cartel will not be done away with because it was the medical business insiders who wrote the legislation to begin with. At best the republicans will only replace one privileged corp. class with its own. Among others, Rockefeller who benefited from petroleum/chemical based medicines (funny that his father was a known con man and snake oil salesman) and Carnegie Foundation backing to Abraham Flexner, the fate was sealed early on and today's medical crisis is a result of interventions on behalf of corp. interests while competitive market approaches were crushed just as ObamaCare is doing in creating our present version of medical cartel. Now if you want to defend this corporatism using some utilitarian rationale, you are free to make that choice. [/QUOTE]
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