Quote:
Originally Posted by GGG
The key problem is if you take away competition on service and price capitalism no longer works.
So for a thing like a hospital - huge initial capital and infrequent visits and limited number of locations near you there is no meaningful way for competition to improve the product.
So you rather have a government monopoly than a private one.
Insurance should be something that could be delivered privately but the risks have gotten to non-independent so need larger and larger areas of coverage to provide house insurance.
Car insurance should work privately and it used to work privately where sask and bc had significantly more expensive insurance.
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But the government is built to prevent this as much as it can potentially interfere with it. The corporate world itself is killing competition and using power over government officials to continue to consolidate, while crying poor about a non-existent tax burden and the market-killing force of socialism, working as hard as possible to reduce workers rights, pay and benefits, and and then provide sh** products and services with what little we have left over from fronting the whole tax burden for the services the corporations use every day (our roads, our educated workforce, our subsidized healthcare).
They're killing their own markets.
The problem for us as Canadians, is we are so intrinsically tied to the mess the US has created that we can't really affect what Boeing does, or what Netflix does. We just have to hope the US anti-trust laws would do what they ere supposed to do, but they barely exist anymore and what does is rarely enforced....so we will live with planes falling apart mid-air and crappy entertainment.