Raghu writes: “Anyway, I don't think the relevant factor is necessarily public 
v. private, but rather not-for-profit v. for-profit.”

Imagine the hypothetical Dr. Smith who owns his own practice.  After paying 
rent, his staff, etc., his business has a profit of $250k.  Several years 
later, sick and tired of dealing with insurance claim administration, he closes 
his office and joins the staff of Cedars-Sinai (a prominent non-profit hospital 
in LA) in exchange for a salary of, you guessed it, $250k.

Why do you think his move from profit to non-profit is a good thing, will 
result in any improvement in patient care, will result in reduced cost, etc.?

David Shemano

From: [email protected] 
[mailto:[email protected]] On Behalf Of raghu
Sent: Tuesday, November 25, 2014 12:49 PM
To: Progressive Economics
Subject: Re: [Pen-l] [Marxism] NYRB review of Naomi Klein

On Tue, Nov 25, 2014 at 1:37 PM, Joseph Catron 
<[email protected]<mailto:[email protected]>> wrote:
On Tue, Nov 25, 2014 at 2:08 PM, raghu 
<[email protected]<mailto:[email protected]>> wrote:

You see the same thing for instance in discussions of health-care, where we 
often see harsh criticisms of "bourgeois liberals", whereas in reality, 
liberals like Joseph Stiglitz or Paul Krugman - favor the exact same thing as 
any socialist - an universal single-payer health-care system.

Any socialist? Most I know don't favor that, per se. It would be an improvement 
over what we have now - just as Obamacare may have been an improvement - but in 
terms of what we actually want, it's health care in the public domain, not 
massive public subsidies to private providers.



I meant the health-care *payments* system of course, not the system for the 
actual delivery of health-care.

The latter admittedly is more complicated and harder to get a consensus on; the 
former though is a no-brainer, which is why it is remarkable how much leftists 
argue with each other over it.

Anyway, I don't think the relevant factor is necessarily public v. private, but 
rather not-for-profit v. for-profit.
-raghu.
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