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Originally posted by FortAnthem
reply to post by dawnstar
The ones who warped those prices and market forces are the gubment by giving the AMA a monopoly on medical licensing and the AMA. The AMA used its monopoly to greatly reduce the number of new doctors trained by medical schools and drive up prices.
They reduced the number of medical school graduates from 28,000 per year in 1904 to only 2,000 per year today. The shortage of doctors has added greatly to the cost of medical care and the cost to the doctors to get their education.
The first generations of doctors made a pretty penny from this practice but, later generations of doctors have become overburdened with debt in order to pay the rising cost of the ever-fewer medical school slots forcing them to raise their fees even more just to keep up with their debts.
The AMA created a cartel to limit the number of doctors and drive costs through the roof.
The AMA also sets the prices for procedures making it unprofitable to run a primary care office in favor of fancy, often unnecessary procedures.
Imagine what medical prices would be today if we turned out over ten times the doctors we do today from the medical schools, all of them competing for customers in a market already flooded with doctors?
edit on 5/25/12 by FortAnthem because: ___________ extra DIV
market forces are not human, markets are for trade and should not be used for capitalizing on greed or misfortune.
Originally posted by allintoaccount
Why don't doctors work for free? So much for that healing crap, more like profiteering crap.
Why don't doctors work for free? So much for that healing crap, more like profiteering crap.
if doctors could heal they would survive on the gratitude of others, don't forget where modern medison began, in the hands of travelling snake charmers.
Originally posted by Jean Paul Zodeaux
reply to post by allintoaccount
Why don't doctors work for free? So much for that healing crap, more like profiteering crap.
Okay, now you're preaching to some other choir and talking out of both sides of your mouth. I guess you were just kidding around when you claimed that market forces should not be used to capitalize greed. Look at you, so greedy you could care less how a doctor would survive and only that they should serve you as a slave. What utter greed!
Medicine was revolutionized in the 19th century and beyond by advances in chemistry and laboratory techniques and equipment, old ideas of infectious disease epidemiology were replaced with bacteriology and virology. Bacteria and microorganisms were first observed with a microscope by Antonie van Leeuwenhoek in 1676, initiating the scientific field microbiology.
Originally posted by Beanskinner
Nice thread Sir!
I enjoyed it very much.
I think we can do our part for the time being. Poverty is rampant throughout the
world and I think it is a shame that we haven't figured out a way to stem the effects.
There is so much unclaimed, unused land that could be used to generate food and the
like.edit on 25-5-2012 by Beanskinner because: (no reason given)
Originally posted by FortAnthem
Originally posted by allintoaccount
Why don't doctors work for free? So much for that healing crap, more like profiteering crap.
Doctors don't work for free because they are up to their eyeballs in debt after paying for medical school. There is a lot of competition for those 2000 slots each year and, as everybody knows; when something is in short supply and high in demand, those who have possession of that thing can demand a princely sum for their services.
The shortage of medical slots drives up the cost of a medical education. Doctors deep in debt need to charge high fees just to keep out from under their debt. The shortage of doctors coming out of school further drives up the cost of medical care.
To top it all off; the AMA, the group that created the artificial scarcity in the first place gets to set the prices for all medical services. The AMA is a monopoly. There is no competition out there to help drive down prices.
All this because the gubment granted them a monopoly on medical licensing. Thank God we have Big Gubment looking out for us.
edit on 5/25/12 by FortAnthem because: ___________ extra DIV
you can tell yourself whatever you want but those early ''snake oil people of old'' started the era of modern medicine and the industry which is 3 rd to oil and arms in value. We are all ill now........
Originally posted by Jean Paul Zodeaux
reply to post by allintoaccount
The only snake charmer here is you. You might want to do some research before making such claims.
The rise of modern medicine:
Medicine was revolutionized in the 19th century and beyond by advances in chemistry and laboratory techniques and equipment, old ideas of infectious disease epidemiology were replaced with bacteriology and virology. Bacteria and microorganisms were first observed with a microscope by Antonie van Leeuwenhoek in 1676, initiating the scientific field microbiology.
There were certainly snake oil salesman during this rise, but you are attempting to take those snake oil salesmen and ascribe that to all of modern medicine in an attempt to justify your own profound disregard for humanity...other than yourself, of course. You have regard for yourself and seemingly believe that others owe you whatever you command, or at the very least believe that doctors owe you "healing".
Heal thyself.
Show me a nation that does not have a welfare system for the needy and I will show you a nation impoverished with no functional government and rampant crime.
America's economy grew by more than 400% between 1860 and 1900
Technological advances, expanding population, improved transportation, financial innovation, and new business practices combined to fuel this economic growth
"Titans of Industry" like John D. Rockefeller, Andrew Carnegie, and J.P. Morgan built monopolies and revolutionized business practices
Laissez faire ideology called for little or no government regulation of economic affairs
Unskilled urban workers did not share in economic gains, instead enduring great poverty
Originally posted by Jean Paul Zodeaux
reply to post by buster2010
Yet another member talking out of both sides of their mouth. You lament greed and then advocate wealth redistribution through taxation. Plunderers plunder because they are greedy. Income taxation is an odious blight on this nation and hurts economy, not help it.
"I then turned my attention to the right arm, with a view to saving it, but it began to manifest the same disposition as the amputated arm, and a short time ago I took off four of Dally's fingers, so that now he has but one thumb on one hand with which to earn his livelihood. It is impossible for him to work, and he must live on the bounty of Mr. Edison or starve.
Originally posted by Jean Paul Zodeaux
reply to post by SaturnFX
Show me a nation that does not have a welfare system for the needy and I will show you a nation impoverished with no functional government and rampant crime.
I'll show you The Guilded Age:
America's economy grew by more than 400% between 1860 and 1900
Technological advances, expanding population, improved transportation, financial innovation, and new business practices combined to fuel this economic growth
"Titans of Industry" like John D. Rockefeller, Andrew Carnegie, and J.P. Morgan built monopolies and revolutionized business practices
Laissez faire ideology called for little or no government regulation of economic affairs
Unskilled urban workers did not share in economic gains, instead enduring great poverty
A stark contrast to your hyperbole, the Guilded Age represents a much more realistic portrayal of prosperous times, where as it is in any age, the unskilled suffer, the greedy seek to cartelize, but in this "laissez faire" economy the economy grew by more than 400%, technology flourished, the population grew, transportation improved, and innovation marked the American character.
As much as unskilled labor suffers in any age, during the Guilded Age you would be hard pressed to find one photograph or painting that matches your provocative picture in your post, which by the way, you seek to capitalize on that poor child's suffering in order to sell socialism.
edit on 25-5-2012 by Jean Paul Zodeaux because: (no reason given)
Originally posted by RealSpoke
And if no one helped you out, you suffered, starved and died.
"I then turned my attention to the right arm, with a view to saving it, but it began to manifest the same disposition as the amputated arm, and a short time ago I took off four of Dally's fingers, so that now he has but one thumb on one hand with which to earn his livelihood. It is impossible for him to work, and he must live on the bounty of Mr. Edison or starve.
home.gwi.net...
You do know the reason why they were able to grow so large it's because monopolies weren't made illegal until the 1890's.
The Sherman Antitrust Act (Sherman Act,[1] July 2, 1890, ch. 647, 26 Stat. 209, 15 U.S.C. §§ 1–7) is a landmark federal statute on competition law passed by Congress in 1890. It prohibits certain business activities that reduce competition in the marketplace, and requires the United States federal government to investigate and pursue trusts, companies, and organizations suspected of being in violation. It was the first Federal statute to limit cartels and monopolies, and today still forms the basis for most antitrust litigation by the United States federal government. However, for the most part, politicians were unwilling to refer to the law until Theodore Roosevelt's presidency (1901–1909).
The Clayton Antitrust Act of 1914 (Pub.L. 63-212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), was enacted in the United States to add further substance to the U.S. antitrust law regime by seeking to prevent anticompetitive practices in their incipiency. That regime started with the Sherman Antitrust Act of 1890, the first Federal law outlawing practices considered harmful to consumers (monopolies, cartels, and trusts). The Clayton Act specified particular prohibited conduct, the three-level enforcement scheme, the exemptions, and the remedial measures.
Originally posted by Jean Paul Zodeaux
As much as unskilled labor suffers in any age, during the Guilded Age you would be hard pressed to find one photograph or painting that matches your provocative picture in your post, which by the way, you seek to capitalize on that poor child's suffering in order to sell socialism.
edit on 25-5-2012 by Jean Paul Zodeaux because: (no reason given)
In the Progressive Era that followed the Gilded Age, it became a world power. In the process, there was much dislocation, including the destruction of the Plains Indians, hardening discrimination against African Americans, and environmental degradation. Two extended nationwide economic depressions followed the Panic of 1873 and the Panic of 1893.