Quote:
Originally Posted by crockett
Because the govt doesn't regulate it allowing hospitals and drug manufacturers to charge what they want.
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You must not have watched the video above. ;) The problem is actually the opposite. As with any other large industry, you have major corporate players that are able to utilize the power of government legislation (via lobbyists) to essentially monopolize their industry by squashing out competition.. either by (a) extremely high costs to enter the market and/or (b) literally making it illegal. This results in low to no competition, which allows them to charge high prices.
It's a classic case of crony-capitalism. The politicians, they get paid big to introduce laws which benefit the corporatists. It's a, "I jerk you off, you jerk me off" sort of deal. The solution? Get rid of the group that's able to rule us.