Oooh, I love a good worker's co-op. Did you know Ocean Spray Cranberry juice and even a power company in North America are worker's co-ops?
I'm probably a little of both. I think private corporations and billionaires have far too much power in this country, and that we should nationalize a lot of industries - beginning with the internet. At the same time, I think that if we're going to live up to our mantra that "all men are endowed by their creator with certain inalienable rights, that among these are life, liberty, and the pursuit of happiness", then we should put our money where our mouth is: M4A, housing for those who need it, and we can pay for a lot of it by cutting those fat contracts to defense contractors and taxing the rich.
I have a lot of sympathy for what you're saying, but still think a little competition can help. Co-ops competing and innovating? But sometimes competition is just duplication, and would be more efficient if nationalized.
I'm not sure that a "free" market, at least as it currently exists in the US, can respond to basic human need. A textbook example of that is health care.
Ringo
Brother from another mother, I hear you!
America is a freak in OECD countries in that they privatised medicine and these profit-motive hospitals charge what they want. See this graphic at the WIKI!
Health care in the United States - Wikipedia
You spend about DOUBLE what Australia does to live 3 years less, on average. More, for worse outcomes.
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You not only spend more total, it costs more of your GDP - over 15% in your case while ours is about 8.5%. And we live 3 years longer!
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Then there's this quote:
"For example, the average cost in the U.S. for an MRI scan was $1,119, compared to $811 in New Zealand, $215 in Australia and $181 in Spain. However, data showed that 95th percentile in the price of this procedure in the U.S. was $3,031, meaning some people are paying nearly $3,000 more for a standard MRI scan in the U.S. than the average person in Australia and Spain. "
How U.S. Healthcare Costs Compare to Other Countries
VOX explaining what went wrong.
Stephen Fry explains:
Second Thought explains: