Having good health care means you just consume as much medicine as you can. I get vaccinated every day, I own 500 pairs of glasses, and all my teeth have been root canaled
Something interesting about this is that Bourgeois neoclassical economics manages to acknowledge that people won’t simply consume greedily, even if things are free.
Marginal Utility asserts that people will only consume commodities such that they satisfy some want or need. If I’m hungry, I’ll buy a banana, maybe a bunch to have later.
But my hunger won’t drive me to buy 800 bunches in one go, because that many bananas has a deminishing return in their marginal utility to satiate my hunger.
If that’s true, it doesn’t require market mechanisms for the distribution of goods and services to continue being true. Re: your healthcare example
With food, in particular, the value is in the supply chain not the ability to horde individual commodities. I don’t want 800 bananas, but I do want a banana stand on my corner where I can get fresh bananas daily.
In theory, markets are supposed to organically generate these social amenities and price them at the prevailing wage rate for the community, such that individuals bid into/out of existence goods and services through a pseudo-collective “expressed demand”.
In practice, choke points in the supply chain create opportunities for arbitrage and price fixing. So goods that should be cheap and abundant - like fruit - suddenly become expensive and scarce when a single enormous conglomerate (like the United Fruit Company) holds a vertical monopoly on the commodity.
This artificial scarcity is then used to justify price-rationing of the commodity. And pretty soon you’re selling people $500 Bijin Hime strawberries in a Japanese mega-mall, while working class people can’t afford basics.
Having good health care means you just consume as much medicine as you can. I get vaccinated every day, I own 500 pairs of glasses, and all my teeth have been root canaled
I do chemo recreationally
Something interesting about this is that Bourgeois neoclassical economics manages to acknowledge that people won’t simply consume greedily, even if things are free.
Marginal Utility asserts that people will only consume commodities such that they satisfy some want or need. If I’m hungry, I’ll buy a banana, maybe a bunch to have later.
But my hunger won’t drive me to buy 800 bunches in one go, because that many bananas has a deminishing return in their marginal utility to satiate my hunger.
If that’s true, it doesn’t require market mechanisms for the distribution of goods and services to continue being true. Re: your healthcare example
With food, in particular, the value is in the supply chain not the ability to horde individual commodities. I don’t want 800 bananas, but I do want a banana stand on my corner where I can get fresh bananas daily.
In theory, markets are supposed to organically generate these social amenities and price them at the prevailing wage rate for the community, such that individuals bid into/out of existence goods and services through a pseudo-collective “expressed demand”.
In practice, choke points in the supply chain create opportunities for arbitrage and price fixing. So goods that should be cheap and abundant - like fruit - suddenly become expensive and scarce when a single enormous conglomerate (like the United Fruit Company) holds a vertical monopoly on the commodity.
This artificial scarcity is then used to justify price-rationing of the commodity. And pretty soon you’re selling people $500 Bijin Hime strawberries in a Japanese mega-mall, while working class people can’t afford basics.
I get vaccines for diseases that don’t even exist… Everyone has the small poxs vaccine but I also have medium poxs and even large poxs vaccination.
I will say one I don’t recommend is I got the mumps vaccine so I figured I should get a dumps vaccine… It just made me really constipated.
/s this is a joke, yes get your vaccines but only ones for real diseases…
Unironically did get my son the measles shot three months early, because he was starting daycare.
He still needed to get shots at 1 year and 18 months, but it let me sleep a little easier
Good idea with the spread these days.
Jokes aside, “great pox” is siphilis. I don’t know if there a medium pox…
If you have both does siphilis and small pox does it become mega or epic pox?
I’d rather not find out!
This reads like an excerpt from a Roald Dahl book.
I’ve gotten 17 fresh new hip replacements since I was 8.
I didn’t replace them, I just added them. I now have 19 hips. They don’t lie.
There’s actually limits on the frequency you can do stuff. From somewhere that has mostly feee healthcare.
I think they’re being sarcastic
Talking to a lot of Americans that is what they think though.