Bigger Pizzas: A Capitalist Case for Health Care Reform

A follow up to the Why Are American Health Care Costs so High video.

From YT: In which John discusses some of the many ways that our current massively inefficient health care system leads to the irrational allocation of capital. He discusses the fascinating cases of Henry Reich (creator of http://www.youtube.com/minutephysics) and Hank Green (creator of, you know, all this) and how in a world without health care reform, their careers might look very different. John argues that employer-dependent health insurance privileges employees over entrepreneurs, thus limiting innovation, growth, and job creation.
siftbotsays...

Self promoting this video and sending it back into the queue for one more try; last queued Tuesday, September 3rd, 2013 3:52pm PDT - promote requested by original submitter RFlagg.

VoodooVsays...

the problem with his argument is that I don't think people like having their health care tied to the current state of innovation in the US. Innovation isn't ALWAYS in the best interests of certain corporations. Many corporations want to maintain the status quo because the status quo is how they got where they are now.

citation: the music and oil industries.

I would like a health care system that is independent of profit margins please.

ChaosEnginesays...

Wow, it scares me that people actually have to think like this.

I have never in my entire life based a job choice on health insurance. The very idea seems ridiculous to me, like basing my choice of car on my favourite pizza topping.

Trancecoachsays...

He is right -- you need innovation to create things and then competition to bring prices down, but then arrives at some strange conclusions and inconsistencies. (All the while sounding like he is on crack.)

He makes a case for government giving money to entrepreneurs. Isn't that the "partnership system" that we have now? The mix of giving "public" money to "private" entrepreneurs?

His "solutions" require omniscient central planning to know who to give money to.

It's kind of sad the level of audience he is addressing his ideas to.
MTV meets pop-econ.

Basically he is advocating, like in the other video, a form of crony capitalism here. And the "problem" is that we don't have enough of it. So we should be giving more money to cronies because it doesn't matter if their "pizzas" get bigger, their "success" will "trickle down" to the rest of us and everyone will have a bigger pizza even if it's nowhere near as big as that of the wealthy entrepreneurs. A dog chasing its tail.

It's a weird sort of crony capitalism, though, because you give money to everyone and then one or two of those will build successful businesses and employ everyone else who didn't do as much with the money that was given to them. That's a kind of circular and it's not realistic to think that a couple of entrepreneurs will make up for all the money "given" to everyone else, and the resulting inflation and the myriad of problems therein.

I think he is trying to appeal to both left and right wingers, but it seems rather incoherent, a fact he may be trying to disguise with the fast pace and choppy editing, i.e., a video version of "fast-tlking" (i.e., swindling) to prevent any real and careful analysis of what he says.

I think there's more useful information in the videos this guy produces, but alas, they're not as "zany" as these...

Porksandwichsays...

If you have children with serious conditions, you still have to worry about small to medium sized businesses finding some reason to terminate you due to your child making their premiums go up. I mean they could do it to the employee, but chances are if you have something fairly serious it'll affect your job at some point and have to be mentioned before too long.

Or people who would rather not get treated for conditions because it puts them in a "high risk" category. While their insurance may not know exactly what they have, getting certain scripts will make it clear soon enough. So you run into the situation where the person is putting their health in the backseat to keep premiums low. Something that comes to mind here is Diabetes, and off the top of my head two reasons. 1) CDL Truck drivers and probably as some point in the future, regular licenses have to get tested and approved more often if they have diabetes and have more restrictions on them. Makes you unattractive to trucking companies, you can't conceal it easily since you have to make it known to get your license.
2) It puts you at a higher risk for other health issues or is often linked to other health issues. So your premiums are going to go up because of this. If you're on a tight budget, it might not be within the realm of out of pocket costs if you have to carry your own insurance.


As much as companies bitch about health care costs, they really have some people by the nuts with how it's setup.

And I don't think he's making the point that money should be given to anyone, he's making the point that having it tied to businesses puts you at a severe disadvantage if you have a urgent NEED for healthcare due to chronic conditions. The case and point being the guy who needs "catastrophic coverage" and pays out 10 grand a year before his insurance kicks in. A very large company can absorb people like that, even a medium to large could. Small and even mediums could not without a really lucrative cash influx. It really limits your options, because unless you are making more than the same people in your position...they will find a way to replace you if you get too expensive. They do it all the time, they just need to find one reason to terminate you. And it's pretty damn hard to be perfect, especially when you're sick and have to deal with the issues that come with it.


It's a really messed up situation if you're not a very skilled sick person or a very healthy unskilled person (with no sick family).

Have to look at other government ran healthcare systems for examples of maybe what he wants. I don't think the US is going to get there....too many people with lobbying power making bank on your health. Which is pretty much happening across the board in many markets, they aren't controlling themselves because the people profiting have too much power over them.

enochsays...

trancecoach and i have been discussing this very subject.what a weird feeling to be on the opposite bench.we totally disagree.

maybe we just need to sit down,put on some floyd..and chill.

i am all for a collective health care system,but i am not a fan of the affordable care act.
health care for all? yipeeeee
the health insurance industry are the ones running it? boooooooooooo

hey chickens! quite yer cackling and listen up!
got a new gaurdian here for ya,gonna watch over yer roost.
his name is mr fox.
sleep tight chickies.

VoodooVsays...

and the people chanting "LET HIM DIE!!" are supposedly in the "pro-life" party.

I have no problem with personal responsibility. Contrary to what the GOP, Tea Party, and Libertarians would have you believe, pretty much everyone believes in personal responsibility and having consequences for your actions.

But there is a significant difference between:

1. Hey, you made a bad choice, sorry, but you don't get to have a two week vacation in cancun, you don't get to buy your kids the latest iPhone, sorry, that new car will have to wait a bit. You'll probaby have to sell your expensive home, yet still be able to have a basic home or afford a non-slum apt still.

and

2. Hey you made a bad choice, you now have to go live in an alleyway and/or live your life in severe physical pain and have a shortened life-span. Sorry, you won't be able to send your kids to college or retire now. Oh and I forgot, we're also going to make it as hard as possible for you to recover from your bad choice. You might as well brand yourself a failure forever. No second chance for you!

dead people can't learn things.

notarobotjokingly says...

As an old conservative capitalist born of old man money, I see no reason why I should foster competition among the industries I already control. Therefore, I shall give my bribe money campaign donations to the other guy.

chingalerasays...

Me, too. Always been in the same camp with regard to my own immediate concerns. Quality of life in the now, work out the details when chaos comes knocking-Timing being 90% of success in matters, by the time serious health issues associated with immediate emergency needs or exacerbated by the same come-a-knocking I am confident that the concerns of the adult diabetic and heart cases will outweigh those of the few fit poor, and there'll be no room at the inn for broken-down gypsies.

ChaosEnginesaid:

Wow, it scares me that people actually have to think like this.

I have never in my entire life based a job choice on health insurance. The very idea seems ridiculous to me, like basing my choice of car on my favourite pizza topping.

chingalerasays...

Which leads me to the drum I've always beat on the issue of heath and happiness in the land of Planet Chaos: The success of the health care anomaly in the U.S. is predicated on a chaotic decline in the overall health of the general population, that's how that machine makes ungodly amounts of money, as a partner-in-crime with insurance (mafiosi-style protection) companies and medical professionals (dealers/cleaners/fixers/hit-men) who, partnered with successful criminals like advertising execs and processed-foods concerns, insure for future generations a steady dose of being continually ill and feeling like they are about to die. Combine these psychotics with keeping peeps too distracted with $(illusion)$ and work to think clearly and the bulk of a country's population addicted to misdirection, newsspeak, and intentional reinforcement of intent and "responsibility" to the programming-arm (television, internet, regulated and controlled media ) of the above-described machine, and you have a bunch of robots thinking that they are about to die who are easily herded into the cattle truck of indentured-for-life, wage-slavery.

The best health care system is one where the majority of the population of a country is relatively healthy up and until the moment of cascading failures associated with time.

The system we have now or any fix, will only work to the benefit of all with a nation of fit people, not fat, lazy, ignorant globs of flesh who are incapacitated through the negative reinforcement described above, and the perpetrators of the same, eliminated....Or, put these criminals in a box or prison or otherwise not allowed to work their evil.

In other words, the United States health care system has been designed to implode upon itself with the criminals who built it, fleeing to their fortified compounds to be protected by dutiful armies and local constabularies, otherwise known as PAID BODY GAURDS.

ChaosEnginesays...

That wasn't really what I meant.

In my adult life, I've worked in Ireland, Germany, Australia and New Zealand, all of which have socialised healthcare. The only time I felt I needed medical insurance was in Ireland (simply because the public system there has been gutted by various governments).

chingalerasaid:

Me, too. Always been in the same camp with regard to my own immediate concerns. Quality of life in the now, work out the details when chaos comes knocking-Timing being 90% of success in matters, by the time serious health issues associated with immediate emergency needs or exacerbated by the same come-a-knocking I am confident that the concerns of the adult diabetic and heart cases will outweigh those of the few fit poor, and there'll be no room at the inn for broken-down gypsies.

Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists




notify when someone comments
X

This website uses cookies.

This website uses cookies to improve user experience. By using this website you consent to all cookies in accordance with our Privacy Policy.

I agree
  
Learn More