alt Hacker NewsBy that logic all food production and distribution should not be privatized because is should be for the public good rather then the profit of the few.
There are are arguments to be made about private or public but that logic makes no sense.
Some system that have many private aspects outperform other public systems and the other way around. And even in a public system many people will profit as many of the companies that are your suppliers are still for profit.
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The government already subsidizes private overproduction on US farmland. USAID was, at its heart, a farm subsidy.
And it should be said that most 'small' farmers in the US are millionaire scions and shouldn't need subsidies to make a profit in most parts of the US (we have abundant natural resources).
More than half of all calories produced in the US are not even for human consumption. And globally enough calories to feed every human on earth are lost to inefficiency each year.
We can all benefit from a better system of distribution and production without getting lost in the magical thinking of a public/private false dichotomy.
I mean the US gives enormous subsidies to farmers for food production, and Walmart receives somewhere around $27 billion a year in SNAP from customers. So in that sense, both of these are essentially public to some degree
This is terrible reasoning.
Food is, in general, very accessible, cheap, and elastic (People's food decisions are easily changed depending on the price).
Healthcare in America is not accessible, extremely expensive, and inelastic.
We have not had a famine in the developed world in quite a long time, but the healthcare crises continues.
The fact remains clear: The number one cause of bankruptcy is medical debt.
Healthcare is the only service that is life and death, where the money paid by the patient is completely inelastic.
I'm not saying doctors shouldn't be paid well. But what is really clear is that while the rich pay for premium concierge VIP treatment, the poor are regularly turned away for treatment they can't afford. You health insurance here is tied to your job. Lose your job? Pay $2000/month for COBRA or you don't deserve to have healthcare.
Don't act like public healthcare, expanding access to primary care physicians, and reducing medical administrative bloat is some economic degeneration headed for the sickle and hammer. I'm tired of pretending Ayn Rand style libertarianism capitalism is the perfect solution that has worked for everything including healthcare.
> By that logic all food production and distribution should not be privatized because is should be for the public good rather then the profit of the few.
Sounds like good logic to me, at least for essentials!