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submitted 10 months ago by return2ozma@lemmy.world to c/news@lemmy.world
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[-] Alexstarfire@lemmy.world 125 points 10 months ago

A place that prioritizes profit over care has worse care service? Never would have guessed the outcome.

[-] Starbuck@lemmy.world 12 points 10 months ago

But they had better profits, so it’s worth it. Unless you’re sick or poor, in which case who cares

[-] kautau@lemmy.world 6 points 10 months ago

Not to worry! The competition of the elderly and terminal who are living there will allow them to just pack their bags and move to another place easily and without impact to their wellbeing because of their freedom of choice in this wonderful free market guided by the invisible hand

[-] 01189998819991197253@infosec.pub 74 points 10 months ago* (last edited 10 months ago)

It's almost like privatizing public services is, somehow, a bad idea. But, but, but... capitalism....

E: jokes aside. The findings in these studies, while obvious to some (possibly most) people, are extremely important. Feelings without supporting data, are just opinions. Feeling with supporting data, are facts. Because of this study, we now have facts to fight against further privatization of public services.

[-] Lianodel@ttrpg.network 22 points 10 months ago

I don't know, I'm starting to get the sneaking suspicion that "good" and "profitable" aren't synonyms. It's almost as if there is often a financial incentive to make things worse...

[-] 01189998819991197253@infosec.pub 10 points 10 months ago

Right. Like they deliberately make good things into shit. I wish there was a good term for this phenomenon.

[-] mkhopper@lemmy.world 11 points 10 months ago

Greed.

No, no. Unabashed greed.

No, take it all the way. Fuck the little people to support my unabashed greed.

[-] greywolf0x1@lemmy.ml 4 points 10 months ago

Enshittification. Coined by Cory Doctorow.

[-] 01189998819991197253@infosec.pub 2 points 10 months ago

Haha yes, I know. I was kidding. Sorry.

[-] prole@sh.itjust.works 3 points 10 months ago

It's called "rent seeking." Even if some ya sci-fi author tried to coin a new term, there is nothing new about this type of behavior.

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[-] kent_eh@lemmy.ca 4 points 10 months ago

I'm starting to get the sneaking suspicion that "good" and "profitable" aren't synonyms.

They're polar opposites.

Maybe one day there will be politicians with the balls to actually do something about it.

[-] SecretSauces@lemmy.world 4 points 10 months ago

Quality, especially in a service like healthcare, often doesn't mean profit. It's all about "how low can i make my overhead costs to make my good/service just BARELY passable, then take it one step lower".

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[-] someguy3@lemmy.world 71 points 10 months ago
[-] Death__BySnuSnu@lemmy.world 29 points 10 months ago
[-] NatakuNox@lemmy.world 12 points 10 months ago

Actually, we all saw this coming.

[-] unreasonabro@lemmy.world 3 points 10 months ago* (last edited 10 months ago)

like we read the script a few dozen times before.

this is the part where we were supposed to be shocked, though. Hey everybody, gasp!

[-] Octavio@lemmy.world 67 points 10 months ago

If you are surprised by this you probably have a poster of Ayn Rand on your wall.

[-] d00phy@lemmy.world 11 points 10 months ago

Glad this was the top comment for me. Don’t need to scroll any further.

[-] eestileib@sh.itjust.works 57 points 10 months ago

Capitalism ruins everything it touches.

[-] admiralteal@kbin.social 39 points 10 months ago* (last edited 10 months ago)

Many of these hospitals were capitalist before the takeover too -- they just were beholden to local owners rather than big national firm owners.

Local ownership is a VERY powerful check on the power of capital. Communities can hold sway over owners beyond what is reflected the general ledger of the business. And one of the reasons big national brands are good at out-competing local business is precisely BECAUSE they can ignore these social costs -- even externalize them -- and reap further profit for the exercise.

Even if you're anticapitalist as fuck, this is why it is still important to buy and support local business whenever possible. Because the less local the business is, the less it cares about its customers and employees' welfare.

And when local owners get greedy and want to sell to big firms, it's very important to hit them with as much social punishment as possible. Friends don't let friends sell their businesses to hedge funds.

[-] Alto@kbin.social 31 points 10 months ago

Local ownership can cut both ways. Local businessmen reach a certain level of wealth and power and can essentially take over the entire town. It's how you end up with situations like the Murdaughs.

However you look at it, the overconsolidation of wealth always has negative impscts.

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[-] Rooskie91@discuss.online 55 points 10 months ago

Privatization is the biggest scam of the 20th and 21st centuries. It has ruined every service it's touched and made them all more expensive. The exact opposite of what Neoliberal clowns keep telling us.

[-] Shyfer@ttrpg.network 5 points 10 months ago

But Argentina thinks if they try it one more time...

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[-] Jerkface@lemmy.world 51 points 10 months ago* (last edited 10 months ago)

Just a reminder that the point of researching the validity of things we intuitively know to be true is to provide the empirical data and expert analysis that can be used in, say, legal decisions or legislative processes.

[-] paraphrand@lemmy.world 12 points 10 months ago* (last edited 10 months ago)

Thanks Jerkface.

I hate comments that are like “duh, we fucking know! Thus XYZ report or research is a waste of time and money!”

[-] nous@programming.dev 5 points 10 months ago

empirical data ... legislative processes.

Haha good one. The only data that matters to those in charge is what makes them more money, and the business friends more money and the lobbyists more money. Other data is basically irrelevant with the current asshiles that are in charge.

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[-] Olgratin_Magmatoe@startrek.website 46 points 10 months ago* (last edited 10 months ago)
[-] rivermonster@lemmy.world 29 points 10 months ago

LMFAO, how could any source report this with a straight face. DUH.

Capitalisms goal is to max short-term profit at any and all expenses, including your lives, locations, and social fabric. Capitalism does and will continue to kill you for short-term non-sustainable profit.

[-] cabron_offsets@lemmy.world 29 points 10 months ago

Bruh, the point is literally to make money. Of course care will be compromised.

[-] dhcmrlchtdj__@lemmy.world 20 points 10 months ago

I’ll take No-brainers for $100, Alex

[-] spicethedirt@lemmy.world 18 points 10 months ago

No fuckin shit.

[-] Deceptichum@kbin.social 16 points 10 months ago

Privatisation is never the answer.

[-] unreasonabro@lemmy.world 3 points 10 months ago

nationalisation, on the other hand...

[-] SnotFlickerman@lemmy.blahaj.zone 15 points 10 months ago

In other news, water is wet.

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[-] blazeknave@lemmy.world 14 points 10 months ago

It's not even feelings... Their missions are diametrically opposed. Hippocratic oath vs returns to shareholders should be regulated

[-] flooppoolf@lemmy.world 13 points 10 months ago

Staff gets hours cut -> Less antimicrobial stewardship

-> Rise in infections -> :O

[-] MimicJar@lemmy.blahaj.zone 12 points 10 months ago

The increases are seen in conditions or outcomes deemed preventable and are key measures of hospital safety and quality.

But not profit. If these hospitals were paid based on decreasing preventable conditions we'd all be much better off.

Right now coming into a hospital twice is more profitable than coming into a hospital once. If we (insurance) paid based on minimizing visits then both hospital safety and quality would increase.

That isn't to say it's perfect. Corporations will always find loop-holes in the name of profit, but it would be a good first step. (Assuming we're going to have for-profit hospitals at all, which is the real mistake.)

[-] Fades@lemmy.world 11 points 10 months ago

But corporate ownership is where most companies go to enshittify and die

[-] unreasonabro@lemmy.world 10 points 10 months ago

that sure wasn't completely obvious from the outset

hardly even at all

[-] SnotFlickerman@lemmy.blahaj.zone 10 points 10 months ago

I remember reading about this in an architectural monthly like 10 years ago or more:

It didn't matter how "high-end" the building they were constructing was, they were always using the cheapest building materials available and long-term viability of the structure was a sincere afterthought.

[-] Ulvain@sh.itjust.works 8 points 10 months ago

In other news, study reveals stuff gets wet when splashed with water. More at 11.

[-] beebarfbadger@lemmy.world 6 points 10 months ago

Almost as if the new priority were then profits instead of adequate patient care... Almost...

[-] UristMcHolland@lemmy.world 5 points 10 months ago

There's a whole season of 'The Good Doctor ' that shows this process happening.

[-] BaardFigur@lemmy.world 5 points 10 months ago

Big surprise

[-] DarkNightoftheSoul@mander.xyz 5 points 10 months ago

Next you'll be telling me that they charge more too.

[-] unreasonabro@lemmy.world 2 points 10 months ago

Telling you things? that's gonna cost you

[-] Jennyb97@lemmyf.uk 3 points 10 months ago

This is absolutely true.

[-] crystalmerchant@lemmy.world 2 points 10 months ago

Look up Quentin Cook

Fuck that guy

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this post was submitted on 26 Dec 2023
717 points (99.3% liked)

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