I have a black thought on this. I would be happy if someone corrected me. When something breaks, sometimes we repair it, sometimes we throw it out. The more valuable the item, the more we will spend to fix it. However even with the most valuable items, we sometimes reluctantly decide that it is broken beyond repair. Are people like this? Are some simply too broken to fix? I feel awful thinking this, but I wonder if t…
That's not how it works in real life. Family (and maybe generous government healthcare) will take care of "too broke" to give any yield, in the future, people. Anyone else who isn't lucky to have that kind of support will find himself in the streets. And that's fine. Societies can only function if the yield from the people it invested in is higher than the investment. This is why socialized healthcare is tricky. If y…
This is quite evidently not how most socialized healthcare systems work. Thankfully so, because you paint a nightmarish picture of people being left to die or suffer if there is no hope of them recouping an investment in their health. In fact, taken to the logical conclusion it would mean killing retirees instead of paying them pensions (imagine what society could spend all that money on, right?).