Compare: Google's founders can buy all the yachts they could possibly eat, yet Google Searches are offered for free.
If we could get healthcare to that level, it would be great.
For a less extreme example: Wal-Mart and Amazon have made plenty of people very rich, and they charge customers for their goods; but their entrance into the markets have arguable brought down prices.
> Google's founders can buy all the yachts they could possibly eat, yet Google Searches are offered for free.
Google searches cost many billions of dollars: your confusion is because the customer isn’t the person searching but the advertisers paying to influence them. Healthcare can’t work like that not just because the real costs are both much higher and resistant to economies of scale but, critically, there aren’t people with deep pockets lining up to pay for you to be healthy. That’s why every other developed country sees better results for less money: keeping people healthy is a social good, and political forces work for that better than raw economic incentives.
And Google search, a service on the level of a public utility, has been degrading noticeably for years in the face of shareholders demanding more and more returns.
IDK, the owners of retail clothing chains buy yachts and yet that sector is jaw-droppingly efficient at delivering clothes to people. Executives can be annoying tools but I don't think their pay is the problem.
Shame those same owners have plenty of money for buying yachts and not enough money to pay their sweat-shop employees a living wage or to provide decent work conditions. Executives don't "earn" huge paychecks, they merely exploit others by figuring out a way to not pay them their worth.
Compare: Google's founders can buy all the yachts they could possibly eat, yet Google Searches are offered for free.
If we could get healthcare to that level, it would be great.
For a less extreme example: Wal-Mart and Amazon have made plenty of people very rich, and they charge customers for their goods; but their entrance into the markets have arguable brought down prices.
> Google's founders can buy all the yachts they could possibly eat, yet Google Searches are offered for free.
Google searches cost many billions of dollars: your confusion is because the customer isn’t the person searching but the advertisers paying to influence them. Healthcare can’t work like that not just because the real costs are both much higher and resistant to economies of scale but, critically, there aren’t people with deep pockets lining up to pay for you to be healthy. That’s why every other developed country sees better results for less money: keeping people healthy is a social good, and political forces work for that better than raw economic incentives.
Wal-Mart and Amazon have reduced wages for employees and the quality of purchased goods more than they have improved prices for consumers.
How do we know that?
And why do customers come back to shop there?
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And Google search, a service on the level of a public utility, has been degrading noticeably for years in the face of shareholders demanding more and more returns.
How is Google Search a public utility?
4 replies →
IDK, the owners of retail clothing chains buy yachts and yet that sector is jaw-droppingly efficient at delivering clothes to people. Executives can be annoying tools but I don't think their pay is the problem.
Shame those same owners have plenty of money for buying yachts and not enough money to pay their sweat-shop employees a living wage or to provide decent work conditions. Executives don't "earn" huge paychecks, they merely exploit others by figuring out a way to not pay them their worth.