Some Republicans on the committee pushed back on Democratic criticism of pricing, arguing that pricing is what the market will bear. “In capitalism, if you’re running an enterprise where you have a fiduciary responsibility to your owners, you try and get as high a price as you can,” Sen. Mitt Romney (R-Utah) said. “That’s what you try and do. You try and make as much profit as you can. That’s how free enterprise works. You think Chevrolet sits back and says, ‘Gosh, how can we get the price of this Chevrolet down?’ No, it’s like, ‘How high a price can I get and maximize the profit for my shareholder?’” He went on to describe price controls as “socialism lite”.
Fuck anyone actually trying to live, I suppose. People dying due to not being able to afford healthcare is what the market has no trouble bearing. All to avoid a little “socialism”.
(Whoops I meant to reply to the post, not specifically your comment).
Thank goodness for the Hippocratic origins of healthcare. Wish I could throw his words back at him so he could hear how insane it sounds in the context of healthcare. Just imagine:
You think a doctor sits back and says, ‘Gosh, how can we get the price of saving this patient’s life down?’ No, it’s like, ‘How high a price can I get and maximize the profit for my shareholder?’"
Vulture capitalism, private equity and the like is the private sector with their priorities mixed up. For it to work properly, a company needs to have a charter and follow it ahead of a profit motive.
Fuck anyone actually trying to live, I suppose. People dying due to not being able to afford healthcare is what the market has no trouble bearing. All to avoid a little “socialism”.
(Whoops I meant to reply to the post, not specifically your comment).
Thank goodness for the Hippocratic origins of healthcare. Wish I could throw his words back at him so he could hear how insane it sounds in the context of healthcare. Just imagine:
Vulture capitalism, private equity and the like is the private sector with their priorities mixed up. For it to work properly, a company needs to have a charter and follow it ahead of a profit motive.