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  • Free-Market Healthcare Falling Victim to Recession [View article]
    I don't understand what was meant by this statement:

    "Could it be possible that our free market healthcare system is rationing care just like the socialist systems?"

    Any resource with less than an unlimited quantity available for consumption needs to be "rationed" somehow. Healthcare is no exception. The difference between rationing with a market system (usually referred to as allocation) and rationing under socialism is who does the allocating. Under a market, resources are allocated based on prices that people respond to. Socialism allocates by bureaucrats/committee. Our current system of health care in almost no way resembles a market, let alone a free one.
    Nov 07 15:58 pm |Rating: +1 0 |Link to Comment
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