Topic: Capitalism
Capitalism
Capitalism is the greatest thing for mankind ever. I do not say this lightly. Capitalism will raise up the standard of living for even the poorest of poor to levels no one could ever think of. Even weak capitalism such as the United States has, is a blessing beyond any comparison.
Capitalism is often derided, often misunderstood. Capitalism is competition. When you have competition then you see prices drop, production rates increase, quality increase, and new products and services happen.
Capitalism is not the gathering of wealth, it is not the control of the people, Capitalism is the ability to make your mark in the world via providing something better, something faster, something unique, something well placed, something more affordable, or otherwise, to capture your place in the market.
Contrary to some opinions, Capitalism is not a monopoly, and a Government in control of everything is not Capitalistic.
Capitalism brought us electricity, a product we desired. It was born by different means, AC and DC, and these competed. Technologies happened via such greats as Edison and Tesla. There were hundreds investing in their own energy projects, and this spurred growth. Each had their own dreams, own desires and we all benefitted from this competition. This is what Capitalism is about!
Capitalism withers under tight regulation. Regulation is not wise, not smart. Yes there is some things to be said about universal parts and the likes, but in general regulations ruin Capitalism.
The best case for Capitalism can be made using 4 different examples of US Health Care. They are hospitals, Dentists, Eye Glass makers, and Pharmacies. One is super regulated, the others are less to almost not regulated, or their regulations are not onerous.
Hospitals are the most regulated. There is also government payments, but I will get into that elsewhere. Here we will focus on regulations and Capitalism.
Hospitals must have a tech specifically trained for X-rays, they must have x number of nurses, must have certain devices, if they have an ER certain rules apply, doctors must train at certain places, new procedures go through tons of red tape, and insurance companies throw tons of requirements out there to make sure the money is supposedly being spent wisely
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