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How to dismantle a capitalist society

As we reflect on health care? reform?, let us recall how we got here:

  • Government creates an obstacle (wage controls);
  • Private industry works around it (by offering first-party health “insurance”);
  • Government responds by deeming the circumvention unfair (while subsidizing it) and sets up programs to give everyone “access” to what its own regulations inspired (Medicare, Social Security, and coverage mandates);
  • Prices go up, quality goes down, and government blames private industry (for having the audacity to make a profit selling what government can barely give away);
  • And finally, government uses the rising prices as a pretext for taking over the industry.

You didn’t exactly hear it here first. But then how do we explain that the inevitable may unfold notwithstanding our objections?

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