There is when you’re a developing nation and don’t have enough money yet to fully fund the rising cost of healthcare while being crunched economically by the neoliberal markets you have to trade with.
Paper on Vietnam’s public / private system. Written by the ghouls of the world bank, so you need to pay attention to their bias and how they talk about “market opportunities”.
Were there other ways to approach this? Yes, sure. Expecting a country exploited by the imperial core to have the same amount of wealth and resources as the imperial core isn’t particularly realistic, however.
Money isn't summoned from the ether when you privatize something. The people are still paying the cost of the healthcare. An investor needs a return on their investment, and will extract this from the consumer, I.e. the sick.
Yes, of course, that’s the greed drive they’re using to pull in money. It’s the same trade off made when labor is exploited in underpaid factories and sweatshops.
With that said, socialized health insurance is the main public financing method for healthcare in Vietnam, with 87 percent of the population currently covered. There are out of pocket costs, but the Vietnamese government picks up the majority of the tab.
The country also has a publicly owned and funded hospital system, although it allows for private hospitals as well. Those are primarily visited by the wealthy, which takes pressure off of their public hospitals.
After seeing their own medical systems overloaded and collapsing during covid, I would hope most westerners would better understand the affects that come from limited resources.
Another article with data outlining Vietnam’s healthcare system. Again, this is written for the investors Vietnam is hoping to attract to build infrastructure and put money into their economy. Look at how much reassurance they make about Vietnam’s system being open to private public partnerships (PPP lol). The capitalists do not view it as a captured market.
Vietnam is functioning in a world currently dominated by neoliberalism and “socialism in one country” failed. Developing productive forces seems to be the most promising strategy for building socialism at the macro level so far.
It’s in-line with the strategy Deng took in China. Is it perfect or ideal? No, but it is responding to the conditions they are encountering. Hopefully it continues to improve.
Cuba has a ton of domestic production of medical supplies. China is still stuck importing a lot of stuff, but that's rapidly changing. As domestic production of medical supplies ramps up it'll be easier to transition to a free system as opposed to the one they have now.
There is when you’re a developing nation and don’t have enough money yet to fully fund the rising cost of healthcare while being crunched economically by the neoliberal markets you have to trade with.
Paper on Vietnam’s public / private system. Written by the ghouls of the world bank, so you need to pay attention to their bias and how they talk about “market opportunities”.
Were there other ways to approach this? Yes, sure. Expecting a country exploited by the imperial core to have the same amount of wealth and resources as the imperial core isn’t particularly realistic, however.
Money isn't summoned from the ether when you privatize something. The people are still paying the cost of the healthcare. An investor needs a return on their investment, and will extract this from the consumer, I.e. the sick.
Yes, of course, that’s the greed drive they’re using to pull in money. It’s the same trade off made when labor is exploited in underpaid factories and sweatshops.
With that said, socialized health insurance is the main public financing method for healthcare in Vietnam, with 87 percent of the population currently covered. There are out of pocket costs, but the Vietnamese government picks up the majority of the tab.
The country also has a publicly owned and funded hospital system, although it allows for private hospitals as well. Those are primarily visited by the wealthy, which takes pressure off of their public hospitals.
After seeing their own medical systems overloaded and collapsing during covid, I would hope most westerners would better understand the affects that come from limited resources.
Another article with data outlining Vietnam’s healthcare system. Again, this is written for the investors Vietnam is hoping to attract to build infrastructure and put money into their economy. Look at how much reassurance they make about Vietnam’s system being open to private public partnerships (PPP lol). The capitalists do not view it as a captured market.
Vietnam is functioning in a world currently dominated by neoliberalism and “socialism in one country” failed. Developing productive forces seems to be the most promising strategy for building socialism at the macro level so far.
It’s in-line with the strategy Deng took in China. Is it perfect or ideal? No, but it is responding to the conditions they are encountering. Hopefully it continues to improve.
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Cuba has a ton of domestic production of medical supplies. China is still stuck importing a lot of stuff, but that's rapidly changing. As domestic production of medical supplies ramps up it'll be easier to transition to a free system as opposed to the one they have now.
Here's a look at their domestic medical sector compared to other countries