Wow! I wasn't aware that the UK did not make the distinction between business and professional knowledge rooted in technical rationalism and a professional Hierarchy. I don't know whether Mike meant that but his school certainly makes the distinction at MIT as does the first Modern university in America at Johns Hopkins. Your description of what I assumed was Medicine as a monopoly has no basis is quality and standards. Economics simply isn't capable of making the distinction. That's why America has to have a huge Not for Profit sector that takes care of the things that business is incapable of funding.
REH From: [email protected] [mailto:[email protected]] On Behalf Of Keith Hudson Sent: Thursday, August 09, 2012 1:51 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION; [email protected] Subject: Re: [Futurework] They make more money when you are sick therefore there incentive is to..........? At 06:18 09/08/2012, Mike S wrote: Keith wrote: > There's nothing wrong in principle with a for-profit medical system. Sorry, I agree with REH here. Medicine is a profession in the classical sense, that is, a vocation where the patient always comes first. What on earth do you mean by a "profession in the 'classical' sense"? If by this you mean in the "traditional" sense, then I'd very much like to know of such a profession in which its practitioners didn't gang up in order to restrict entry and thus maintain high incomes. Keith As soon as you make medicine (or "health care" if you must) into a for-profit business, the bottom line comes first. Conditions that can be treated profitably are, collectively, a money tree. The more of them, the better. Ones that can't be treated profitably or that require difficult and protracted diagnoses are liabilities. A for-profit business externalizes liabilities. - Mike -- Michael Spencer Nova Scotia, Canada .~. /V\ [email protected] /( )\ http://home.tallships.ca/mspencer/ <http://home.tallships.ca/mspencer/%A0%A0%A0%A0%A0%A0%A0%A0%A0%A0%A0%A0%A0%A 0%A0%A0%A0%A0%A0%A0%A0%A0%A0> ^^-^^ _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework Keith Hudson, Saltford, England http://allisstatus.wordpress.com <http://allisstatus.wordpress.com/>
_______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
