Go to links

Wednesday, July 22, 2009

Healthcare fundamentalism

Progressives and liberals often regard libertarians as "market fundamentalists" because libertarians support free markets (aka markets free from coercion or coercion-free markets) and are opposed to most if not all government intervention in markets, including the market for healthcare.

Libertarians could just as well regard progressives and liberals as "government fundamentalists" because progressives and liberals support government intervention in markets, including the market for healthcare.

It often seems that the liberal and progressive solution to every problem is more government intervention, just as it often seems that the libertarian solution to every problem is the free market.

We need to move beyond this name-calling and examine the case for free markets and the case for government intervention on their merits.

The present U. S. healthcare system/market is a failure. It comprises some free-market elements, but many, many government interventions as well. We need to ask, is the failure of the present system/market due to its free-market elements or to the government interventions? It's important to get the answer to this question right. If the failure is due to the government interventions, how could additional government intervention (e.g., single-payer or universal healthcare) be the solution? On the other hand, if the failure is due to the free-market elements, how could the removal of most if not all of the government interventions and the return to the free market be the solution?

I think readers of this blog know where I stand.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home