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View Diary: "Socialist Health Care" is Better Says Study by National Research Council (131 comments)

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  •  Capitalism, great and otherwise (1+ / 0-)
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    The inadequacies of market-based setups is not necessarily an argument in favor of a socialist alternative. Possibly better markets are a better alternative. It would need discussion, not simple derision.

    Greece et al. borrowed a great deal of money. Nobody made them do this. Their current straits are the result of their own impecunious foolishness. Ironically (given your animus), the borrowing was largely to fund these vast, unaffordable, social welfare schemes which are now causing so much pain. So yes, it has a great deal to do with socialism.

    However, there is little "internationally enforced austerity,' outside of basket-case Greece. The rest are or were facing limitations on expenditures as a result of negotiations with various banks and lenders, none of whom are under any obligation to continue lending.

    Of course, these countries do have a way out—they can leave the euro and default on their bonds. This will cause the same pain as austerity, but the hope would be that it would last a shorter time. After that they may possibly learn to first tax themselves adequately to pay for all those "European Social State" goodies.

    Your comment about New Orleans and Katrina is simply baffling.

    •  Ah (5+ / 0-)
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      fuzzyguy, a2nite, kyril, elwior, Steven D

      In fact, a tremendous portion of Greece's problems arise from the corruption and low tax receipts that have been endmic to Greece for decades.  This still leaves the question of if Greece is a poster child for how horrible socialism is, why even more socialistic countries are doing very well, and beetter than the US.  This notion that Europe is a total disaster and the US it sailing along doesn't comport with the facts, I'm afraid.

      While there is a possibility that better markets might provide a solution, we must be skeptical of that, since the US has used free market health care system for decades, but under no iteration has it ever come close to the effiency or efficacy of the public systems of Europe.  It is possible, but the historical evidence is not exactly encouraging.

      Hay hombres que luchan un dia, y son buenos Hay otros que luchan un año, y son mejores Hay quienes luchan muchos años, y son muy buenos. Pero hay los que luchan toda la vida. Esos son los imprescendibles.

      by Mindful Nature on Thu Jan 10, 2013 at 11:14:03 AM PST

      [ Parent ]

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