> The free market has shown a total inability to capture externalities
Yeah, which is why I regularly propose taxes on pollution to "internalize the externalities".
Free market capitalism requires a functioning government, at the least to provide protection of our rights and enforcement of contracts. This requires police, a court system, and a military to defend it all.
Single payer health care is not a necessity for a functioning free market economy, any more than the government must run collective farms.
> Find a private company, and have them do it.
Government contracting is not free market, and suffers from most of the ills of the government doing it directly.
> I don't believe Biden will have "central economic planners"
Of course Biden will. You can't oversee $2 trillion in spending otherwise.
> Single payer health care is not a necessity for a functioning free market economy, any more than the government must run collective farms.
See this is where we disagree. I believe healthcare is necessary for a an functioning capitalist system to exist. I do not describe the existing setup as functional.
Yeah, which is why I regularly propose taxes on pollution to "internalize the externalities".
Free market capitalism requires a functioning government, at the least to provide protection of our rights and enforcement of contracts. This requires police, a court system, and a military to defend it all.
Single payer health care is not a necessity for a functioning free market economy, any more than the government must run collective farms.
> Find a private company, and have them do it.
Government contracting is not free market, and suffers from most of the ills of the government doing it directly.
> I don't believe Biden will have "central economic planners"
Of course Biden will. You can't oversee $2 trillion in spending otherwise.