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re: Economies and Darwinism - Socialism vs Capitalism - EU vs US - 2012 vs 2019
Posted on 4/4/19 at 12:42 pm to crazy4lsu
Posted on 4/4/19 at 12:42 pm to crazy4lsu
quote:The entire healthcare industry ... obviously. In addition there is socialist support for numerous consortiums such as airbus.
Give me some data, or make an actual point.
quote:
Airbus’s Lesson for Young Socialists
Its A380 debacle shows how hard it is for state planners to outguess markets.
By Holman W. Jenkins, Jr.
Feb. 19, 2019
Socialism is currently in vogue.
If the word means anything in today’s context, it means projects of unusual government ambition, built on our globally shared capitalist technological and commercial base. The A380 was exactly such a project. Underwritten by massive European government subsidies, the plane was an engineering sensation. Passengers loved the roomy jet. Yet now it’s kaput. What went wrong? Or to phrase the question more usefully, what technological and commercial realities would its sponsors have had to overrule to assure its success?
LINK
Posted on 4/4/19 at 1:11 pm to NC_Tigah
I can't read the article because it is behind a paywall, so you might need to quote it to relay your point. But having universal healthcare isn't necessarily socialism. You have a wide variety of models on the continent, from Germany's Bismarck model (where they have around 200 healthcare insurance companies, called Krakenkassen I think) uses private insurance, subsidized through employers in the statutory health insurance system, while it also has a much smaller substitutive private health insurance. Countries like France follow a similar Bismarck model with private doctors treating patients who buy their own employer-subsidized healthcare. That differs from the Beveridge model employed in the UK and Italy (I believe), and the Nordic countries, which is free at the point of service with direct government control . The key element of European health systems that do employ private insurance schemes is that those insurance companies have to be non-profit and are required by law to cover everyone.
What other features of the EU is socialist? Norway is heavily involved in oil production, but it isn't necessarily state-owned, as the Norwegian government was explicit when oil was discovered in the Barents Sea that one company (in this case Phillips) could not have singular rights to the oil, as Phillips wanted, and it would have to be multiple companies under close supervision of the Norwegian government.
What other features of the EU is socialist? Norway is heavily involved in oil production, but it isn't necessarily state-owned, as the Norwegian government was explicit when oil was discovered in the Barents Sea that one company (in this case Phillips) could not have singular rights to the oil, as Phillips wanted, and it would have to be multiple companies under close supervision of the Norwegian government.
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