Well that’s my issue with a pure-greed-based system: It *depends* upon moral people picking up the lack.
That’s a flaw in a system, akin to depending on vultures showing up to remove dead carcasses from the road: There might be no vultures around and you end up with a stinking mess that just rots.
[we have lots of vultures here I live. One time I was laying on a hammock and I watched about 15 of them slowly circling around getting closer and lower in a downward spiral and I was like, “GUYS I’M NOT DEAD YET!”]
That’d be fine – and when you *really* stop and think bout it Tristin, that’ *basically* what America’s healthcare system has always been. [even the Affordable Care Act experiment, which never really got off the ground, is just a variation on an old theme, as nearly everything remains just as privatized as before].
Privatizing everything is another way of saying, “The State will take care of it”, as the State is deciding to only let the market run things.
The State doesn’t lose their responsibility by delegating to the market because the State is still above the Market and can always change it. It’s just delegation of a task.
That’s the mythology of Economics 101 thinking Tristin. Not how things actually work because humans are involved.
I worked for a big pharmaceutical company for a few years. That doesn’t make me an expert. But they were skirting regulations with ease and agility because those regulations *don’t* ever get in the way UNLESS someone does a lawsuit and even then, it gets pushed out for lawyers to handle, which they do and then it’s done. Regulations don’t strangle business. They create a few jobs for a few lawyers and a few paper shufflers, adding warning labels to medicines [that’s like ONE employee whose job is to write words on a label and another employee to tell them what words to write] and such.
change the word “regulation” to “consumer protection” and it gives a better idea of their whole purpose.
that said, yes, there’s redundancy a lot of contradictions in laws. Look at law enforcement: It’s likely that *right now* you and I are _probably_ commiting *some* punishable crime that could land us in prison without even knowing it.
*That’s* a problem. But It’s a different sphere than business regulations.
PS – thank you for the expressive reactions: I just noticed them when going through notifications – and as always I *really* appreciate our back-and-forths like this as it helps me clarify how I think about things. [I don’t always know what I think until challenged and your perspective on certain issues is just shifted enough different from mine to present a multi-faceted challenge that is far from easy.