| NJC: "Socialism" vs. "capitalism" w.r.t education and healthcare | |
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Posted by: |
JimmyG 07:42 pm UTC 11/15/08 |
| I apologize for being late, but I just read John Galt's take on "socialism" vs. "capitalism" w.r.t Obama, and - although I must admit that it was a very intellectual take on the subject - it has (at least) a couple of shortcomings: Education (already mentioned during the previous discussion). Many academic studies show that it's easier for kids from low income families to advance in society in "socialistic" European countries, where college education is free, than in the U.S. Yes, it is true that stipends are awarded to the brightest students from low income families in the U.S, but a lot of people haven't fully matured after they finish high school, and they should have the *freedom* to still get a shot at a college degree and higher salaries without having to "eat dirt" in a lousy work environment (by European standards) on a factory floor for decades before getting a hypotethical shot at "the big-time"....yes, they do have to pay higher taxes once they get that big shot, but a profession should not only be about a paycheck, it should also be an identity...and you don't necessarily have to make 20x more than the guy on the floor, 5-10x more is still highly significant! Healthcare: The U.S spends more on healthcare than any other industrialized nation and still th life expectancy is shorter and diabetes and cancer are more common - one academic study from a couple of years ago even showed that Americans in the highest income quartile were twice as likely to suffer from diabetes and cancer than Brits in the lowest income quartile - this can't only be blamed on diet, since any Brit can confirm that the British diet is not exactly the healthiest one on the planet... /Jimmy | |
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