Josh Sigurdson talks with Jeffrey Tucker about the horrific side-effects of government funded healthcare and how it actually causes inflation of the price of medications and treatments under the guise of making it more affordable.
Because of the government funded healthcare system, competition is impossible due to the heavily subsidized pharmaceutical government monopolies. This cuts out competition and innovation in the markets which would usually lead to lower prices and new cures for diseases and treatments for disorders.
In a free market, healthcare would be incredibly affordable and far more effective. People would make more money and would be far healthier due to the fall of state monopolization.
We’ve seen nothing but disaster in the government run healthcare markets around the world, such as Canada, Venezuela and Britain.
Obamacare is horrible, but so is Trumpcare. Both only perpetuate the same problem.
While people on the left are rioting in the streets against “fascism”, they chant about how we need government healthcare which is literally fascist.
How long until people understand the most basic market principles? So many claim it’s greedy to let free markets (individual demand) aid the healthcare system while totally fair to extort people to jack up the prices and create government monopolies. The mentality is frighteningly similar to the Hegelian Dialectic and the priorities are not in order.
Jeffrey Tucker in this interview also goes into why he believes in freedom and how he defines individual liberty.
Stay tuned for more from WAM at Freedom Fest in Las Vegas!
Video edited by Josh Sigurdson
Graphics by Bryan Foerster and Josh Sigurdson
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