A Quote by John Mackey
Health care is a service that we all need, but just like food and shelter, it is best provided through voluntary and mutually beneficial market exchanges.
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... if you're poor and ignorant, with a child, you're a slave. Meaning that you're never going to get out of it. These women are in bondage to a kind of slavery that the 13th Amendment just didn't deal with. The old master provided food, clothing and health care to the slaves because he wanted them to get up and go to work in the morning. And so on welfare: you get food, clothing and shelter--you get survival, but you can't really do anything else. You can't control your life.
Humanity is no longer the same. Its needs are no longer the same, and the needs of all around the world are recognizable. We need jobs. We need food. We need shelter. We need health care. We need education. These few things are the absolute necessities of all people everywhere, and yet even in the most-developed world, like America and Europe, no one has all of these things by right, unless they have money - and this is the rub.
Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.
Health care costs are on the rise because the consumers are not involved in the decision-making process. Most health care costs are covered by third parties. And therefore, the actual user of health care is not the purchaser of health care. And there's no market forces involved with health care.
A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.
I guess I would say true happiness is to love and be loved. Of course, having enough money for food, shelter, health care and things like that all help, but that is more about security.
Health care's like any other product or service: if the consumer is in charge of spending his money on it, then the market will make sure that it is affordable.
It is truly a triumph of rhetoric over reality when people can believe that going into politics is 'public service,' but that producing food, shelter, transportation, or medical care is not.
We Americans, or half of Americans, think health care is a commodity. Other countries view health care as a social service that should be collectively financed and available to everyone on equal terms. My wife and I just interviewed the German minister of health, and it was an exhilarating experience, because it was a totally different language. It was obviously important that everyone should have the same deal in health care.
The role of business is to provide products and services that make people's live better - while using fewer resources - and to act lawfully and with integrity. Businesses that do this through voluntary exchanges not only benefit through increased profits, they bring better and more competitively priced goods and services to market. This creates a win-win situation customers and companies alike.
Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.
How can it be "mutually beneficial" to sell at world market prices the raw materials that cost the underdeveloped countries immeasurable sweat and suffering.
Anywhere you have extreme poverty and no national health insurance, no promise of health care regardless of social standing, that's where you see the sharp limitations of market-based health care.
We don't have a free market in health care. We need to connect customers up with the cost of care. And to drive innovation that way.
I hope the new health care exchanges created under the Affordable Care Act will provide some help.
The very wealthy have little need for state-provided education or health care... They have even less reason to support health insurance for everyone or to worry about the low quality of public schools that plagues much of the country.
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