IntroductionThe US political and economic elites have always bragged that capitalism is far superior to socialism in terms of providing people's personal welfare. They claim that citizens live longer, healthier and happier lives under capitalism.
The debate between the supporters of the US Affordable Care Act or 'Obamacare' and its most vehement opponents under President Trump is not part of any larger system debate since both 'sides' base their vision and plans for medical care on private, for-profit corporate insurance schemes. This source of funding would 'harness market forces' to deliver quality medical care...in a marketplace of 'free competition', in which every American, even the most fragile, cancer-ridden patient, would be an engaged stakeholder, weighing a huge menu of free choices...
The real comparison of how these economic systems provide basic health care should be based on showing which provides the best population outcomes, personal satisfaction and community security across national boundaries. National health systems top the chaotic private system in these parameters.On the other hand, the US tops all European countries in terms of the percentage of workers and family members who avoid necessary trips to the doctor because they fear financial ruin from the inflated costs of their private health care. In other words, majorities of people, dependent on private for-profit insurance schemes to provide health care, cannot afford to visit a medical facility, doctor or clinic even to treat a significant illness.
The type of economic system funding health services determines the likelihood of a patient actually going to seek and receive important medical care that will preserve life, one's ability to work and enjoy some level of satisfaction.This essay will include a brief discussion of the social and political conditions, which gave rise to the socialized, and clearly more effective, health care system. And we will touch on the consequences the two health systems in terms of people's life expectancy and quality of life.
Comment: Further reading: The Health & Wellness Show: Sleep, Light and Circadian Rhythms