…the prices your insurance company pays are based on a set of values listed in a phone-book sized directory of billing codes. Those codes are pretty much the economic hierarchy of modern medicine… And those values are set by a closed-door committee of the American Medical Association. At the Marketplace Health Desk at WHYY, Gregory…
Tag Archive for Cartels
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
The E.U., Neofeudalism and the Neocolonial-Financialization Model
by Charles Hugh Smith • • 0 Comments
To fully understand the Eurozone’s financial-debt crisis, we must dig through the artifice, obfuscation and propaganda to the real dynamics of Europe’s “new feudalism,” the Neocolonial-Financialization Model.
Forget “austerity”and political th…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Crony Capitalism and the Expansive Central State
by Charles Hugh Smith • • 0 Comments
Crony Capitalism flourishes in an economy dominated and controlled by a Central State.
Crony capitalism arises when an expansive Central State dominates the economy.The Central State can then protect crony-capitalist perquisites, cartels, quasi-mo…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
The Perfection of Crony Capitalism: Use Regulation to Destroy Competitors
by Charles Hugh Smith • • 0 Comments
Crony capitalism uses its wealth to impose government regulations designed to hinder, cripple and destroy small business competitors.
In the U.S. we now have the perfection of cloaked crony capitalism: corporate cartels use their vast concent…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Social Fractals and the Corruption of America
by Charles Hugh Smith • • 0 Comments
Social fractals and social control myths help explain the complete corruption of America.
Correspondent Kathy K. recently elucidated a powerful concept: social fractals. We typically think of fractals–structures that are scale-invariant–as …
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
What We Can Learn From How Doctors Choose to Die
by Charles Hugh Smith • • 0 Comments
We can understand the systemic flaws in the U.S. “healthcare”/sickcare system by examining how doctors choose to die, which is quite different from the experience of their patients.
Explaining how the U.S. “healthcare” complex is actually a sickca…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
President Obama, Demopublican
by Charles Hugh Smith • • 0 Comments
President Obama’s signal accomplishments could easily have been signed into law by a moderate Republican.
The corporate Mainstream Media depends on ideological differences to generate “news” and advertising revenues, and the Status Quo depend…
Bears Chat, Best of the Forums
America’s Fragile "Hothouse" Economy
by Bears Chat at The Wall Street Examiner • • 0 Comments
Financialization has led to a “hothouse” global economy where the slightest disruption in central bank/Central State intervention will cause the sickly flowers to wilt and expire.
Of the three great financial truths that have been left unspoken fo…
Bears Chat, Best of the Forums
Want a Truly Healthy Housing Market?
by Bears Chat at The Wall Street Examiner • • 0 Comments
The housing market will remain crippled until we eliminate perverse incentives to financialization and speculation, Fed/Federal intervention and all subsidies/giveaways.
If there is one goal that the financial cartels, their politico apparatchiks …
Bears Chat, Best of the Forums
Complexity and Collapse
by Bears Chat at The Wall Street Examiner • • 0 Comments
The most obvious features of recent political and financial “solutions” are their staggering complexity and their failure to fix what’s broken. The first leads to the second. Consider the healthcare “reform,” thousands of pages of mind-numbing complexi…
