• halcyoncmdr@lemmy.world
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    4
    ·
    21 days ago

    Insurance IS socialism. By definition. The only difference is who holds the money from the group to pay out claims. In one, it’s the government which has an incentive to keep costs low across the board. The other it is a private company trying to make as much profit as possible.

    • Buddahriffic@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      21 days ago

      The bullshit part is how many people think socialism is wrong or evil. It’s just an approach where the people work together to provide a service where the focus is the service itself rather than anyone getting rich from the service.