We’ve Got Socialized Capitalism, Why Not Socialized Health Care?
One of the pet peeves I have about the debate over universal health care is this argument: “If we socialize health care, where will it end?” As if health care would be the first socialized institution in our country.
Our education system, police force, and even our mail system is socialized. When you look around and see all the social-type program we have, it seems rather amazing that only when health care comes up do people start to worry about socialism.
And, of course, one can’t forget socialized capitalism.
Er, isn’t “socialized capitalism” an oxymoron? In theory, I suppose so. In practice, though, we do it all the time. Society (via taxpayers) provides subsidies for all sorts of companies — profitable Big Oil and Big Ag concerns 
come immediately to mind. Some would argue that the Federal Reserve itself is something of a socialist institution.
And now, it has been brought to my attention by Mark Zero (one of the people I follow on Twitter) that The Daily Telegraph is reporting that the Fed is actually looking at the Nordic way of solving a banking crisis:
A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region’s economy to its knees.
Some may freak out about that, since socialism is rather ingrained in Nordic countries right now. But before you get too concerned, recognize that there are some differences already. One of things Norway did was take over failing banks completely. Shareholders were not compensated in any way.
In America, though, we keep our socialism somewhat more capitalistic. Bear Stearns gets taken over by JPMorgan, and the taxpayers guarantee the transaction. Bear Stearns stockholders’ losses are limited, and JPMorgan gets what amounts to a subsidy. All of it orchestrated by the government. I don’t know about you, but that’s not what free market capitalism looks like to me.
Not that I’m in favor of all-out free market capitalism. My point is that we already adhere to some socialist principles. Even our dearly-held “value” of capitalism is “tainted” by that “evil” idea of socialism.
So, with so much else already socialized, why not offer something that helps the American people? What’s wrong with universal health care?
(Image credit: US government)
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16 opinions for We’ve Got Socialized Capitalism, Why Not Socialized Health Care?
Miki
Apr 1, 2008 at 1:08 pm
Great reasoning, but it won’t help. When has reality ever impinged upon politicians’ beloved euphemisms?
Perhaps that’s the answer. Skip the universal healthcare and just have health subsidies. Better yet, health earmarks would guarantee results.
miranda
Apr 1, 2008 at 1:10 pm
Heh, heh. Great idea. Perhaps if we called them subsidies or earmarks, instead of “universal” health care it would help. Unfortunately, those subsidies would probably go to insurance companies…But if it meant they gave us free health care in return…
Uncle B
Apr 1, 2008 at 1:45 pm
Lets hope this recession/depression is only long and deep enough to help governments see that they govern people, not corporations. The clean-up after the Bush administration is going to be long and costly for common folk. They should not be deprived of good health care too! Don’t be afraid to tax the snot out of the rich for health care, our good health will enable us to do better work more cheaply, and will trickle back down to them in time!
miranda
Apr 1, 2008 at 2:18 pm
Yes, the Bush Administration has indeed been rather expensive for the “regular folks.” I agree, if it can “trickle down,” it should also “trickle up.” :0)
Philip Brewer
Apr 1, 2008 at 5:19 pm
Fifteen years ago, it was a pretty effective counter to the Clinton healthcare plan to ask people “Do you want your healthcare delivered with all the competence and compassion of the Post Office?”
I don’t think the question would have the same effect any more. Anybody who’s had to deal with a health insurance company or HMO in the last few years would say, “Yes, please! That’d be so much better than what I’m getting now.”
miranda
Apr 1, 2008 at 5:22 pm
I agree Philip!
Even with the “good” health insurance plan I have, I am disappointed with the inefficiency.
Dude
Apr 1, 2008 at 6:09 pm
Your reasoning is flawed from the beginning. The question is why do we *need* health insurance anyway?
Human civilization survived 200,000 years without health insurance but the world will come to an end unless every person has a BlueCross health insurance card?
Why not have the free market decide what doctors get paid for with each particular service?
miranda
Apr 1, 2008 at 6:43 pm
Interesting point, Dude. Of course, life expectancy and living conditions were generally terrible. But if we just allowed those with difficult conditions to die, I suppose it would solve a lot of problems.
But it would be hard to convince many Americans that they should have the same sort of healthcare (or lack thereof) in undeveloped countries. We’ve hit a point where we expect a certain degree of healthcare and where we expect certain living conditions.
As for free market, I suppose it might work. While I could afford my occasional doctor visits, I’d be hard-pressed if I had a serious accident to be able to pay for it. My uncle, even if “free market” forces (another something that would be difficult to introduce under our current system and norms) were at work, would probably not be able to afford his lymphoma treatments. As it is, he may be in serious trouble…
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pamela ruth munro
May 15, 2008 at 3:48 pm
My experience with Nat’l Health in Britain was very positive. The basic facilities were sturdy & not modern - but who cares about that? I didn’t have to SUE anyone to get an xray on my leg for a slip & fall in a supermkt! And then I had years of the HMO Kaiser - it’s no frills but mostly adequate - I thought it had problems until because of my husband’s job we switched to Blue Cross - even sketchier - no central records - it’s anonymous clinic care - worse than Kaiser!! At least Kaiser has its own lab & xray facilities and you don’t have to wait HOURS on line to get served! Actually, the care I got at the Hollywood Sunset Free CLINIC was more personal that I got at KAISER & they could get me meds!
By the way, do you realize that the Feds are BIG into health care already what with MediCare and so on? More than 1/2 of the hospital billings are through government agencies. So the process has already started. The very poor are provided for, the disabled are provided for, vets are supposed provided for, the aged are provided for - so why don’t we close the gap and give at least bare bones clinical care to the middle class who presently is paying thru the nose for it, if it can get it AT ALL.
miranda
May 15, 2008 at 4:08 pm
Thanks for sharing, Pamela. It’s always good to hear from someone who as actually experienced universal healthcare, rather than always hearing the mantra from those at the top that people in other countries hate their socialized healthcare.
Yes, the government already spends big time on healthcare. So it wouldn’t be THAT expensive to re-do the system and get everyone else on it.
britbod
May 19, 2008 at 2:50 pm
miranda
May 15, 2008 at 4:08 pm
“… the mantra from those at the top that people in other countries hate their socialized healthcare…”
what mantra? criticising the NHS in Britain is like saying you hate ‘It’s a Wonderful Life’ and torture puppies for fun on the weekend. most people view any attack on it in the same vein as if you mugged their granny.
miranda
May 19, 2008 at 4:33 pm
In Britain, maybe, but here in the US, we’re told that people in countries with universal healthcare dislike their system. The mantra here in the US (and maybe I should have been clearer in my comment), especially from those at the top, is that America has the best healthcare system in the world, and that people in other countries want our system. We’re constantly being treated to stories about how much Canadians dislike their socialized healthcare and how Britons wish their system was efficient like ours.
Miki
May 19, 2008 at 6:15 pm
What else would you expect? The healthcare mess is a war, so whyever would you expect the propaganda, er, news, to be any truer for tit as for the other war?
Heh, universal health care = WMD:)
miranda
May 19, 2008 at 6:51 pm
Good point, Miki! It’s all about convincing us that we really are happy to pay more for less…
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