A libertarian take on health care

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Uploaded by on Mar 11, 2010

Matt Welch, editor of the libertarian magazine Reason.com, discusses health care with Paul Jay

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  • @SandCmpbll so does time

    Governments kill people, pathogens kill people,natural disasters kill people ect. you essential have no point

  • The best Health Care System for America would be a system with unlimited Freedom of Choice for the people. Where they decide for themselves where they get their Health Insurance and Health Care. That could even include a Non Profit Public Option thats run independently of the Federal Government. But where the people decide for themselves where they get their Health Insurance and Health Care. Not Private or Public Monopoly's.

  • Regulation has been the reason for the breakdown in the American healthcare system, and the incredible increase in costs as reflected in household income. The only kind of regulation that physicians would need is from the medical school that issues the medical diploma, and perhaps, those medical professional organizations for the respective medical specialties. Any other regulation, as in the bureaucratic-administrative kind has, in the main, been more bane than boon for individual consumers.

  • @thurstjo1963 There are types of medicines (i.e. Chinese, Ayurvedic, Homeopathy, etc) of which have been effectively used for thousands of years. These medicines offer treatments for different illnesses (such as cancer) that are alot cheaper and in many cases more effective than conventional treatments. People should be free to choose what the feel is the best and most cost-effective means of treating an illness. In the west, that choice is not available to the public because of "regulation".

  • @SandCmpbll Don't agree. If you look at the history of the US, especially the latter half of the 19th century, you will see very clearly that companies hate competition. If you need proof, search for this video by Murray Rothbard "The Decline of Laissez Faire" on YouTube. In terms of health care, everyone talks about competition between insurance companies but nobody talks about competition between different forms of medicine. Continuing in next post.

  • @imre1000 John Stossel is a tool. If you think we're too regulated, you haven't been paying attention. Your right, we don't have a real free market, we have piranhas and monopolies who don't care about you or me. Regulation is the only saving grace we have.

  • F Market Competition. Market competition kills people. 

  • Look, I can optimize a system for excellence, too - ignoring other factors, of course. But you don't get to make that choice under a libertarian system. This is why thoughtful libertarians have real questions about Reason Magazine, Cato Institute, and so on. As for Canada, my God, the system would collapse without the US being on the border. Please - step up your analysis, boys.

  • Matt, the goal isn't merely "great health care", it is liberty. It is not forcing someone else to pay for your poor decisions (if you make them :-) I have experienced French health care, too. You're right: it is quite good in France. But as Henry Hazlitt has taught us all, it is what is NOT observed that is at least as important as what IS seen. What you do not acknowledge, in France, is systemic unemployment, extremely low rates of new enterprise formation, and so on.

  • I think this is a good discussion and I really appreciate the equality and maturity in exchange of ideas. 2 things that I have to disagree with (disclaimer...I'm a Libertarian), is that in one big "pool", costs are shared "equally" and that the pool can tell big Pharma what they will pay. 1) the costs aren't shared equally because we don't respect the right to property. We tax "the rich" more so they pay more. This isn't equality. 2) Big Pharma won't invest in new drugs if they can't make money.

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