Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #95463 is a reply to message #95439] Fri, 01 April 2022 21:42 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1186
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
I used to work in healthcare. I'm retired and grateful to be out of it now, especially with what the last two years would have exposed me to. What I experienced in my lower echelon capacity of the way management required of people in the workforce is no surprise in reading this article about private equity management in health care. It's a lucrative market for a few people that have the means to obtain facilities for high profit.

They put the squeeze on staff and physicians to extract as much and as long as they can profits with a good return on their investment. When it is realized that profits plateau or decline. They sell it to another group willing to extract the same. This is the way our healthcare system has evolved to, as well as many other business ventures.

This is the neoliberal way with our world and especially in the US of A. It stinks.

https://www.nbcnews.com/health/health-care/doctor-fired-er-warns-effect-profit-firms-us-health-care-rcna19975
 
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