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Socialism, Capitalism and Health Care

James Petras :: 27.11.17

The US political and economic elites have always bragged that capitalism is far superior to socialism in terms of providing people’s personal welfare. They claim that citizens live longer, healthier and happier lives under capitalism.

The debate between the supporters of the US Affordable Care Act or ‘Obamacare’ and its most vehement opponents under President Trump is not part of any larger system debate since both ‘sides’ base their vision and plans for medical care on private, for-profit corporate insurance schemes.

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