Originally Posted By: sinij
Lets get back to our discussion.

If capitalism and free market is so effective at containing costs why is US spends significantly more than any other country with socialized medicine while results are significantly worse?

You suggest that US spends more on medical research and rest of the world benefits from this knowledge. While US does spend more (but only in absolute $, not percentage of GDP) on medical research, how none of this research (accounting for 6% of GDP!) produces any revenue? Are you suggesting that all these new drugs, medical devices and training for novel treatments are just given for free to the rest of the world?
I can't tell if you guys are intentionally ignoring my premiss or if I'm really that unclear.

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