20 January 2015

End profiteering in health and education now... Defense next?

I am not opposed to private property and industry as an organizing principle of the economy as a whole, but there are two large areas of American life where, I would argue, there should be no place for profit-oriented organizations. 1). Health care, including health insurance. What we have today is more an "illness profit industry" than a health care industry. 2). Education, including higher education and vocational training. Ditto, mutatis mutandis.

Ultimately, the profit motive in these endeavors creates an inherent conflict of interest, which makes the effective accomplishment of the obvious goals impossible. I'm not saying no private organizations. Private non-profits can work well. But no for-profit corporations.
And the first order of business would be to end the obscenity of the government making a profit from student loans.

And then we can think about mandating that the defense industry be non-profit, to remove that obvious and ongoing conflict of interest, that has very nearly wrecked our constitutional system of government already.

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