Quentin LedfordHere's what proponents of 'socialized' medicine do not realize. It is the creation of a pure monopoly!
LAW #1 of ECONOMICS 101...
Under a monopoly ALL competitive forces are eliminated. Therefore, there is no reason for their operations to...
- Do things more expeditiously (faster),
- Do things more efficiently (less expensively), or
- Make improvements in any way (do things better).
LAW #2 of ECONOMICS 101...
The only mechanism which exists under any monopoly for lowering costs is rationing... moreHere's what proponents of 'socialized' medicine do not realize. It is the creation of a pure monopoly!
LAW #1 of ECONOMICS 101...
Under a monopoly ALL competitive forces are eliminated. Therefore, there is no reason for their operations to...
- Do things more expeditiously (faster),
- Do things more efficiently (less expensively), or
- Make improvements in any way (do things better).
LAW #2 of ECONOMICS 101...
The only mechanism which exists under any monopoly for lowering costs is rationing the basis of the operation, whether this be its products, the services it provides or both.
Here in the United States, the American Medical Association (an organization which originates with sponsorship by the Robber Barons John D. Rockefeller and Andrew Carnegie - and which has been CONVICTED three times over the years of anti-trust violations, but runs the ENTIRE 'health care' system of the United States), has been seeking to monopolize the United States system over the past 70 years. They developed the ultimate racketeering mechanism, the 'network' contract system in the mid 80s and have been enormously successful in the monopolization of all processes of the healthcare system and the financing thereof; thus medical services are becoming less available, the quality of medical services is declining significantly, AND the COSTS of medical services is SKYROCKETING !!!
