Thursday, March 19, 2015

Wealth and Universal Health

The Highest Goods of classical Capitalism, contemporary Capitalism, and Marxism, are, respectively, the wealth of a nation, freedom of enterprise, and the well-being of each according to his needs. Each of the three is given weight in the latest resolution of the current 'health-care' debate in the U. S.--the soundness of The Economy, the interests of insurance companies, and coverage for as many people as possible, respectively Now, one alternative to this rather Byzantine arrangement, to be found implemented in many other countries, is variously known as 'universal health-care', 'single-payer health care', or 'socialized medicine'. The aptness of the latter is not because it represents a victory of Collectivism over Individualism, as some conceive it, but, rather, because it expresses, as does Marxism, the priority of Health over Wealth.

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