Does he think everyone can afford iPhones 🤔 the same way everyone can afford the best healthcare i.e the most expensive. More choices, basically means if you cannot afford the best quality healthcare, then settle for a substandard healthcare that is less satisfactory to your needs. This is unfortunately the reason why having a Private and Public healthcare system side by side is unsustainable considering more funds will be poured within the former than the latter. Unless a progressive tax system is put in place,which would be useless as the rich would be double taxed. Public Healthcare is the way!
Perhaps the example of iPhones is to use a trivial item that we don't really need, but most people pay for, and contrast that with healthcare which could actually save your life and no-one wants to have to pay for. If the Government set up a health insurance scheme whereby you could opt in or out then I'm sure the speaker would have less issues with it. However, the NHS is a compelled payer system, ie. it is socialized. The people that set up the NHS and morally defend it today are believers in compulsion via state power, for them no-one should have a choice and the paternal state should provide everything.
Regardless of one's affordability, one principle about markets holds true- competition breeds innovation. Today a $500 phone is much faster and better than it was years ago (it may have not even existed until recently). But thanks to government manipulation, healthcare has completely lost out on this incentive structure.
Looks Like Yaron is having fun 😊
Love watching his content and happy to see him on this channel!
Yaron is brilliant as always.
@@Vanessakimphilosopher Not always. He puts himself down several times without proper reason.
Does he think everyone can afford iPhones 🤔 the same way everyone can afford the best healthcare i.e the most expensive. More choices, basically means if you cannot afford the best quality healthcare, then settle for a substandard healthcare that is less satisfactory to your needs. This is unfortunately the reason why having a Private and Public healthcare system side by side is unsustainable considering more funds will be poured within the former than the latter. Unless a progressive tax system is put in place,which would be useless as the rich would be double taxed. Public Healthcare is the way!
@@superstancy4815 you are eloquent and have it right.
Perhaps the example of iPhones is to use a trivial item that we don't really need, but most people pay for, and contrast that with healthcare which could actually save your life and no-one wants to have to pay for.
If the Government set up a health insurance scheme whereby you could opt in or out then I'm sure the speaker would have less issues with it. However, the NHS is a compelled payer system, ie. it is socialized. The people that set up the NHS and morally defend it today are believers in compulsion via state power, for them no-one should have a choice and the paternal state should provide everything.
Who does't have an iPhone or equivalent? Let's be real. Even people the age of that idiot kid people clapped for.
Regardless of one's affordability, one principle about markets holds true- competition breeds innovation. Today a $500 phone is much faster and better than it was years ago (it may have not even existed until recently). But thanks to government manipulation, healthcare has completely lost out on this incentive structure.
Even the substandard private healthcare would be 10 times better than current public healthcare