Comment by SilasX

11 hours ago

>When you point out that, for example, health insurance profits are low single digit percentage of overall healthcare costs they just don’t believe it.

It's not that I don't believe it, it's that this figure is completely unrelated to the damage and waste caused by the system of healthcare and health insurance we have in the US.

I mean, in a system of chattel slavery, you see above-normal profits competed away, but that in no way means the system isn't exploiting anyone, because that's not how the harm shows up! And yet still we'd see that argument get batted around in comments like yours:

"No, your owner can't possibly be exploiting you because, when you consider your purchase cost, he doesn't actually make much profit!"