Prices are Rooted in Moral Principles

Posted by $ mshupe 6 months, 2 weeks ago to Philosophy
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"Her sense of justice can’t help but enjoy the moment; justice for people she values who were betrayed by Jim. Justice and integrity; her dedication to the primacy of existence. She thanks Mr. Weatherby for “kinda” making the world make sense: actions and choices have consequences."
SOURCE URL: https://www.centerforindividualism.org/dr-keith-smith-and-partners-at-the-surgery-center-of-oklahoma-scoff-at-universal-health-care-victimhood/


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  • Posted by $ blarman 6 months, 1 week ago
    Saw an article highlighting this surgery center more than a decade ago. I so wish more healthcare centers would be like these guys! Seriously - its the government-sponsored monopoly on heathcare insurance that is causing much of the premium cost of healthcare - not to mention the ridiculous laws which tell providers how they have to do business. Get government out of the way - as these practitioners have - and things return to sanity and efficiency!
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    • Posted by $ 6 months, 1 week ago
      Yes, they're truly pioneers, been giving their docs the ability to price themselves as they see fit since the Clinton administration tried to impose Hillarycare.
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  • Posted by edweaver 6 months, 2 weeks ago
    Everything is Rooted in Moral Principles! Great article! Thanks for posting.
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    • Posted by $ 6 months, 2 weeks ago
      Thanks, and as we've learned through Objectivism, philosophy is the problem to all macro social problems, and the solution. In this article, prices are rooted in the moral principles of capitalism - a social system based on individual rights and bans force from social relationships.
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  • Posted by $ Commander 6 months, 2 weeks ago
    Capitalism!....despite regulation and oversight
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    • Posted by $ 6 months, 2 weeks ago
      Dr. Smith and his partners are at SCO are practicing capitalism by avoiding regulation and oversight. What's not known in our society is the efficiency of regulation and oversight that markets do naturally. As the article mentions, their low prices shine a brighter light on their quality standards.
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      • Posted by $ Commander 6 months, 2 weeks ago
        Very clear to me through my experience of business ownership in manufacturing for over 30 years. I pared away at what I would accept for work with full intention of avoiding regulation and oversight.....directly. I chose that which would avoid taxation and OSHA. I chose not to become professionally registered as an engineer.

        One of the mechanisms of business culture I see in need of change is modification of Limited Liablilty. Perhaps the abolition or modification of the Corporation and personal asset risk for leaders of business entities when malfeasance is proven is key. There is much to think of here. At simplest it is equity vs inequity. When risk involves personal stakes for the provider more caution is prevalent, better product ensues, competition in quality and service increases, better education within organizations increases. I'll bundle it up to a word: Stakeholding. A regulatory process of egoism and self-respect.

        Core to the preceding is the expression; I Care.
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        • Posted by $ 6 months, 2 weeks ago
          Excellent, thank you, I've never thought about the Limited Liability issue. Superficially, I always thought it was a necessary legal principle to free up the incentives for innovation and production. All rational entrepreneurs care about the stakeholders, its those without moral principles that are the threat. Don't free markets ultimately reward egoism and self-respect and punish amoral, "common good" selflessness?
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          • Posted by $ Commander 6 months, 2 weeks ago
            You are welcome. I've spent 40 years pondering the Why of human relations. At the simplest all the things dealt with here are a matter of relationships and choices. Life cannot avoid this dynamic. Regardless the complexity of the life form, comfort / discomfort, happiness / unhappiness, equity / inequity seems to me to be the simplest hierarchy and hierarchical process for evaluation.
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