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Quote from: cbeast on June 13, 2014, 07:05:10 PM

So it's ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

What is your definition of over charging?

Buyers don't buy based on price alone. You need to take trust, after sales service into account.

Let me rephrase the question. Is it ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

The term "overcharging" cannot be easily defined. It is fair to allow people to make a profit off of the time and capital they invest in their business.

The only true way to "overcharge" someone for something is to charge a price that is above the market rate, but if you charged this much then you would not be able to sell your product/service.

What planet are you from that doesn't have salesmen?

Buyer also bear responsibility for buying over price cap for not doing their own homework.

Same reasoning for choosing the right doctor to trust and the right care provider.

With internet, people can find out which doctor is scum bag very fast if they do their homework.

The average joe doesn't have the financial resources to vet a medical institution and their billing/insurance practices and policies. They often don't have time for a second opinion if they are told their appendix burst. They are at the mercy of a predatorial medical/industrial complex. You average doctor also cannot compete with those medical institutions to fight the system if they ever hope to repay their enormous student debt. Doctors get sucked into the system. Nowadays a lot of good doctors are quitting their beloved profession because of the immoral business practice forced upon them by hospital administrators and insurance companies.

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With internet, people can find out which doctor is scum bag very fast if they do their homework.

Oh, that's just adorable naivete.

So it makes sense to subcontract that function to those who neurish the predatorial medical/industrial complex?

That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.