this post was submitted on 19 May 2024
350 points (88.9% liked)

Ask Lemmy

27277 readers
1907 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 7 months ago

the more you privatise the more expensive things get for a lower quality product.

Err, well, no — a competitive free market will ensure that prices are driven down. What I think you are trying to get at is that healthcare, generally, doesn't function in a capitalist market, and I would agree. The reason healthcare doesn't function well under capitalism is because purchases are made under a leonine contract.

Same with roads, utilities, schools etc… the more you privatise the more expensive things get for a lower quality product.

This is the same sort of issue as mentioned above, but for somewhat different reasons — public utilities are intrinsic monopolies, which are inherently anti-competitive.

A well regulated, competitive market is good for many things, but for others it’s atrocious.

It is good under the exact restricitions that you initially described. As soon as you deviate from those restrictions, it breaks down.