Here in
the United States we have a large problem with socialism. Also, we as a nation believe
that we have a free market capitalist economy. However, I have a problem with
these two statements. First, we simply do not have a free market economy due to
our government regulation and socialist policies such as Social Security and
Medicare. But we are far from Socialist; our government does not own any major
industries. Additionally, businesses still operate freely and with the market choosing
price for most goods and services. Secondly, I agree that Socialism is not a
good system due to the inefficiencies it would bring into our market. The only
problem I have is that in a free market economy, which most economists will
tell you is the most efficient system, the government is not there to protect
its citizens. In free market, there is no line between efficiency and human rights
such as using child labor but in our country we have laws against that to
protect people’s health. I feel having a “socialized medicine” system is no
more socialist than we already are.
Now that
I cleared up the common misconceptions with our economy I will begin to discuss
my main focus of this post. T.R. Reid’s Healing of America caused me to think about
which system has the best fit for this country. Prior to reading the book, I
read a few articles on our healthcare system and discovered the huge flaws it possessed.
I am ardent supporter of Obama so I already had a general knowledge of what Obamacare
encompassed. As I read through the book and we discussed it in class, I came to
the conclusion that Obamacare has not really done enough for this country.
Looking
at the other systems I noticed that there was only one system that would really
work here in the United States which would be the German system. My most
favored part of the German system is much of the system was still private and
that some people could opt to have for-profit-insurance. This approach to the
system is very capitalistic compared to even the French and Japanese systems.
The German system still allows competition between insurance companies and the
care facilities even though the insurance policies have more government
regulation. Their healthcare system was not even any less capitalistic than our
nation. They have less restriction on the insurance companies by allowing more
insurance providers to be available thus decreasing costs through competition.
Furthermore, the German system allows the wealthy to buy more coverage and seek
private care which is highly capitalistic. They also do not have rationed
healthcare which completely contradicts the mindset of our great nation.
I also
believe that this system would not be that significant of a transition for this
country. Obamacare is a huge step in the direction towards the German system.
There are a few stages we have left to complete the transition which requires a
more liberal government in power. This coming presidential election decides whether
or not we make this change. If Obama loses re-election all this progress
towards socialized medicine would have been for nothing due to Romney’s promise
to repeal Obamacare on his first day of office. Understanding the importance of
this election has actually caused me to become more politically active this
year and follow the election intently.
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