I really, really love debunking viewpoints and arguments that I think are wrong. I mean like really love it. I'd write critiques of views all day long if I could and had the time, but I have this pesky thing called a job which sucks out the day's prime hours.
But on par with my love of critique, here I want to begin a series of posts critiquing a free-market libertarian's defense of market based healthcare. This will also be a learning experience for me. I use critique as a way to better familiarize myself with opposing viewpoints, and I'd highly recommend others strongly consider debate as a form of learning as well.
There's a lengthy blog post called The Real Right to Medical Care vs. Socialized Medicine by Chuck Braman, who's a giant fan of Ayn Rand's views on markets and economics. In it he tries to argue that socialized medicine leads to a crisis and that the best way to fix this ailing problem is "pro-capitalist reform" in the healthcare industry. I'm going to be breaking this down in a series of posts section by section where ever I think it's incorrect (which will be most of it). So here it goes.
Chuck starts out:
For decades the cost of health care, unlike the cost of other economic goods, has risen relative to prices in general and to people's incomes. The cost of health care is now so high that a radical reform is necessary. The current type of reform being advanced by the Clinton administration, however, is an anachronism. It is, to be exact, the enactment of a full system of socialized medicine, a system based on the mistaken and discredited tenets of Marxism, which will aim to reduce the cost of our partially socialized medical system by means of its full socialization accompanied by price controls and rationing.
It's definitely true that the cost of healthcare has gone up far faster than inflation and the cost of other services. But according to an article on investopedia, healthcare costs are going up rapidly because of six primary reasons: (1) skyrocketing administration costs, which by the way "socialized medicine" wouldn't require, (2) not negotiating drug costs, which would save hundreds of billions and which every other developed country does, (3) defensive medicine whereby doctors order unnecessary tests even when they know the diagnosis so they won't get sued, (4) using expensive mix of treatments like mammograms, MRIs and Caesarean sections more often than other developed countries plus an over reliance on more expensive specialists instead of primary care physicians, (5) the wages and work rules that enable high pay-commanding specialists, and (6) branding, which results in an industry where the prices are made up and set as high as they can be.
Having universal healthcare can solve many of these problems because they're caused by for-profit incentives.
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