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Mother of Invention - How the Government Created "Free-Market" Health Care (Hardcover, New)
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Mother of Invention - How the Government Created "Free-Market" Health Care (Hardcover, New)
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By relying on private enterprise more than any other developed
nation, American health care has all the appearances of free-market
in action. And for more than a hundred years, attempts to reform
this system (including President Obama's Affordable Care Act) have
been met with opposition from parties warning against the stifling
effect of government intervention. What these warnings about
federal overreach overlook is the fact that the federal government
has long been an indispensible player in guiding and supporting the
current US health care system. Its role is so pervasive and of such
longstanding importance that it is easy to overlook, but it
actually created American health care as we know it today. Seminal
public programs stand behind every segment of America's massive and
hugely profitable health care industry. This is not to deny the
instrumental roles of private entrepreneurship and innovation, but
rather to describe the foundation on which they rest. The
industry's underlying driving force is a massive partnership
between the public and private spheres. The partnership is complex,
and its effects are not always ideal. But for better or worse, it
shapes every aspect of what we in the United States know as health
care. Mother of Invention traces the government's role in building
four key health care sectors into the financial powerhouses they
are today: pharmaceuticals, hospitals, the medical profession, and
private insurance. It traces their history, surveys their growth,
and highlights some of their greatest success stories, which
together reveal the indispensible role of public initiatives in
contemporary private health care. Only by understanding what
actually drives our system can we appreciate possibilities for
meaningful reform or comprehend the true context - historically and
politically - of the Obama plan.
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