Where The Free Market Fails - News Summed Up

Where The Free Market Fails


Jupiterimages via Getty ImagesDonald Trump has proposed that we just get rid of Obamacare and replace it with free market forces. Putting that aside, Trump's idea to leave health care "customers" at the mercy of the free market is nuts for the same reason that letting the free market run loose in the education sector is nuts. But a free market system must mark some people as too poor for the product. For a free market system to work, it must figure out which part of the market it can afford to profitably serve. On this point, the point of serving every citizen, the free market fails, and for that reason, the free market is uniquely unfit to take on the work of providing health care or education to the entire country.


Source: Huffington Post November 20, 2016 18:08 UTC



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