[quote=CA renter]Capitalism is all about maximizing profits, and nothing else. That’s why we need to regulate it. Personally, I believe in capitalism for the wants, as long as it doesn’t pollute the environment or use up scarce natural resources; we need socialism for the needs, and for the allocation of scarce natural resources, IMHO.
There is an inherent conflict of interest in a for-profit healthcare system. What’s best for patients (prevention, a healthy life with the least intervention) is not at all what’s best for the medical industry.[/quote]
One of the biggest roadblocks is medical malpractice/product liability. In most places other than the US doctors, pharma companies, etc don’t have to worry much about lawsuits (contingency fee arrangements are not allowed in most countries and lawyers are VERY expensive). This changes the ultimate cost of healthcare. Would the average American be willing to give up the option of suing for malpractice or product liability if they were negligently harmed?
