Capitalism and Health
Program #BEZS005. Recorded in Edmonds, WA on July 19, 2009.
Is health care a right or just another commodity, subject to market fluctuations, to be bought and sold? As long ago as 1944, FDR said that health care was a right. A few years later, Truman tried to advance a national health plan. He got nowhere. Our health care system is located in a political economy known as capitalism often euphemistically called the free market. And because of that it is private and profit driven. The critical question which should be asked is: Is Capitalism and efficient cost-effective economic model which produces desirable health care outcomes? Supporters of the status quo say it's working just fine and only needs some fine-tuning. Critics are not so generous. They say if you got the bread you get the care and if you don't, see you in the ER or in the morgue.
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