Quote Of The Day
From a commenter over at Kevin Drum’s place. The discussion was about problems with the American educational system:
Yep. And as the posts by Aaron Carroll and Austin Frakt have shown over the last year (link below) the same is true of our health care system. We’ve gone through a 30+ year binge of hypercapitalism, naively believing the free market is a magic bullet for all problems. Health care and education stand as clear counter-examples and unless we get our act together national decline is inevitable.
Yes, the intense reliance on the free market in our education and healthcare systems clearly proves that capitalism doesn’t work. And here I thought that those areas of our economy were dominated by government, not the free market. Silly me!