> > Nothing in life is free. The price of drugs
> >are what the market prices will allow.
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> Isn't health as important as these to be not left to the whim of the
> market? Same with education, I believe.
>> > Nothing in life is free. The price of drugs
>> >are what the market prices will allow.
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>> Isn't health as important as these to be not left to the whim of the
>> market? Same with education, I believe.
>What isn't important in maintaining life?
Some things are crucial, and don't get provided well under a market
system.
>Isn't food important?
Absolutely, but providers can be very small and diverse, whereas some
staples to life don't work at all well when left to the market.
>Then why allow market prices?
As I said, food production works very well under a free market regime.
There is nothing wrong with either system, just that some things are
very suited to one or the other. Folk driven by ideaology the it must
be one way or the other are doomed to failure, if you study history.
>What about electricity, water, a house to live in?
Electricity and water have tried to be privatised here and the result
was an absolute failure. The private firms just maximisre profits with
the likelihood that there will be no competitors and they run the
infrastructure down and failures result.You have experienced such
failures in the US.
>Why do you have to pay for anything if everything is essential for life?
Of course you must pay for everything. Whoever said otherwise?
It's HOW you pay for it. Who and how you subsidise different members
of the community. The market will let the weak perish and the strong
take all. OK in some activities where lots of competition is involved.
We have a government telecom monopoly that they are trying to sell,
and the worry is that the private monopoly will cherry-pick the
profitable areas and neglect the not-so-profitable, and as we've voted
for a system that provides equal facilities to every citizen in the
country, we don't want this monopoly sold. Same for the postal
service. We insist that a letter sent to the other side of the country
costs the same as sending it next door. We don't want private
companies concentrating on large city postal services to the detriment
of remote folk.
>Marxists have tried it and it doesn't work.
Where have they tried it and it dosen't work?
Works fine here and in your country, in many different areas.