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re: OT: GSB Primary/Political Stuff (Vote in bold)

Posted on 2/29/16 at 6:04 pm to
Posted by BeefDawg
Atlanta
Member since Sep 2012
4747 posts
Posted on 2/29/16 at 6:04 pm to
That's a completely seperate issue caused by the donor class corrupting the political establishment.

You see, some people here think that the solution to something like exorbitant healthcare costs is to simply create a tax, spread out the expense across the earners, and give it to everyone. And then pass legislation that sets cost control measures.

They think this because they think the problem lies with greedy rich people who make profits on healthcare related products and services are simply taking advantage of people.

But that's not where the actual cause of exorbitant healthcare costs come from and the "solution" of Universal Healthcare via tax and entitlement isn't a solution at all, as I've explained what happens when trying to implement such an entitlement inside a free market society.

The problem is the donor class, which of course is made up of greedy rich people, can influence the federal and local political establishment to continually enact policy that stifles competition and manipulates the natural flow of supply and demand laws. This country is filled to the brim with regional-monopolies.

Companies come up with a product or service. They make a ton of money. They donate money to which ever politicians will help them turn their company into a monopoly, or close to it. Patent and copyright laws play a big role, as well as lack of enforcement of anti-trust laws. The legal system is abused by litigious over-use and over-reach to prevent competition from creating similar products or services, and this ultimately holds smaller business down while the bigger guy gets to set the price instead of supply and demand setting the price.

It's a snowball effect, and the healthcare industry has suffered the most from it.

There's really only a small few medical equipment manufacturers, for instance. There's dozens and dozens of middle-man distributors, but they all get their supply from the same 2 or 3 super rich manufacturing companies who allow them to slap their name on the products.

And any smaller manufacturer who comes along and tries to make a similar product for cheaper that they'll sell for cheaper gets sued, tied up in the courts for ages, wastes so much money and time on legal expenses, that ultimately they just go away. If they some how make it through one scenario, they're just sued again on something else and they start over. Meanwhile, the big company is pressing the politicians they've bought to ignore tort reform bills, ignore patent and copyright reform bills, and convince the justice department to not waste their time with anti-trust complaints.

So we end up with 100 absurdly mega-wealthy companies that may split their industry with like one other entity. Like Microsoft and Apple, for example. And there's the illusion that neither is a monopoly. But that's BS. Nobody can come close to becoming actual competition to these 100 companies. They can bury anyone that tries almost instantly.

Then there's about 300-400 super-wealthy companies below them that are more regionalized. So there might be 3-4 of the similar company, but they each own a niche or a region. And they just do what the big-100 do, but just not against the other 3-4 similar companies. And then, they all collude to set the price of their product or service since they're not allowing free market supply and demand to do it.

And again, they all donate to the political establishment to ensure their status-quo and stifle free market competition.

So what's the actual cause and basis of it all? The ability of the donor class to influence political policy.

Free market capitalism, governed by the laws of supply and demand, in this country is only happening below about the top 500 wealthiest companies. Which mostly revolves around non-essential products and services. Everything else, which essentially controls all of our essential products and services, is run under monopolies.

And to fix this, we have to end completely the ability for a donor class to exist. We have to end completely the ability to buy influence from the political establishment. This will allow REAL regulation reform and law enforcement to finally happen, and competition to be restored across all levels and all industry, and the free market system to reel in costs.
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