Quote:
Originally Posted by Fuzz
this argument falls apart when you compare something like the US medical system, which is the least efficient way to allocate capital. Paying paper pushers just to push paper is inefficient. Cutting out the middle men with a single payer system where you don't pay people for busywork greatly increases the efficiency of capital. This is easily seen when you compare dollars spent in the US vs every other system in developed countries.
Why is unlocking wealth and capital the item you consider most important? Should, say, happyness be a better metric? And if it is, then chasing maximum capital reduces happyness (if you work every waking hour, you probably aren't happy).
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The US healthcare system is a poor choice to illustrate almost anything, unless the thing you are trying to illustrate is regulatory capture.
As what I consider most important? I don't consider anything most important, that's up to each individual.