Libertarian / Neo-Liberalism Fail

midcan5

liberal / progressive
Jun 4, 2007
12,753
3,526
"Some of America's leading news analysts are beginning to recognize the fallacy of the "free market." Said Ted Koppel, "We are privatizing ourselves into one disaster after another." Fareed Zakaria admitted, "I am a big fan of the free market…But precisely because it is so powerful, in places where it doesn't work well, it can cause huge distortions." They're right. A little analysis reveals that privatization doesn't seem to work in any of the areas vital to the American public."

'Health Care'

"Our private health care system is by far the most expensive system in the developed world. Forty-two percent of sick Americans skipped doctor's visits and/or medication purchases in 2011 because of excessive costs. The price of common surgeries is anywhere from three to ten times higher in the U.S. than in Great Britain, Canada, France, or Germany. Some of the documented tales: a $15,000 charge for lab tests for which a Medicare patient would have paid a few hundred dollars; an $8,000 special stress test for which Medicare would have paid $554; and a $60,000 gall bladder operation, which was covered for $2,000 under a private policy."

read here: 8 Ways Privatization Has Failed America | Common Dreams

Found here: Neoliberalism Fail: Top 8 Ways Privatization has Harmed us All (Buchheit) | Informed Comment


"Egalitarians thus differ from libertarians in advocating a more expansive understanding of the social conditions of freedom. Importantly, they view private relations of domination, even those entered into by consent or contract, as violations of individual freedom. Libertarians tend to identify freedom with formal, negative freedom: enjoying the legal right to do what one wants without having to ask anyone else's permission and without interference from others. This definition of freedom neglects the importance of having the means to do what one wants. In addition, the definition implicitly assumes that, given the material means and internal capacity to do what one wants, the absence of interference from others is all one needs to do what one wants. This ignores the fact that most of the things people want to do require participation in social activities, and hence communication and interaction with others. One cannot do these things if others make one an outcast. A libertarian might argue that freedom of association entails the right of people to refuse to associate with others on any grounds. Yet, a society embodying such an unconditional right hardly needs physical coercion to force others to obey the wishes of those with the power to exclude others from participation in social life. The same point applies to a society in which property is so unequally distributed that some adults live in abject dependence on others, and so live at the mercy of others. Societies that permit the creation of outcasts and subordinate classes can be as repressive as any despotic regime." 'What Is the Point of Equality?' Elizabeth S. Anderson What Is the Point of Equality?
 

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