This is strikingly similar to the great recession When economy is unbalanced

This is strikingly similar to the great recession

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themselves out of debt. This is strikingly similar to the great recession. When economy is unbalanced and there is not enough aggregate demand, you have to restructure economy so that the vast middle class shares a greater portion of the gains of economic growth. Globalization and technology has displaced jobs. Politically, we did nothing to restore the prospects of the broad middle class/working class of America. We could have invested in infrastructure, built jobs in the US, made higher edu public etc. Except, we marginalized, deregulated and did all the opposite. People did not fight out against this, they only learned to adapt as best as they could. When it comes to a choice between reform and reaction, we usually choose reform. Health and medicine The US spends 8,00 9,00 dollars per capita on healthcare. Even though the US spends more per capita on healthcare, our health outcomes are relatively low. This is because of the wealth gap in our nation. The greater the distance btwn the rich and the poor in a society, the more unhealthy it is going to be. Thomas Szazs: we socially construct mental illness in order to contain it. They are just normal human behaviors that have become classisfied. It is just humans way of determining different types of peope. The U.S. is the only advanced country in the world that doesn’t have a universal health care system. A universal health care system means that every citizen is covered by some health care coverage. We do have a safety net for the people who can’t afford healthcare. POWERPOINT ON HEALTHCARE Germany implemented the first universal health insurance with otto von bismarcks social legislation, which included the health insurance bill of 1883, accident insurance bill of 1884, and old age and disability insurance bill of 1889 If the affordable health care act is fully implemented in the US, then the US will have universal health care. MAJOR TYPES OF UNIVERSAL HEALTH CARE COVERAGE
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Socialized healthcare: A health care system in which the government provides all the health care and owns all medical facilities, they hire all doctors and nurses as they become employees of the state Single payer: the government is the single payer except that services may be contracted out to private healthcare providers. Compulsory health insurance: affordable health care act Tax based funding: all health services are funded completely by taxes alone The dual health care system of the US shown below Public sector and private sector Public Sector: government funded social welfare, lower quality services, long waits for care, no regular physician, increased acces does not necessarily mean better health Private Sector: serves the wealthy or those that have health insurance, higher quality services, regular physician: established relationship TYPES OF HEALTH INSURANCE Fee for service (preferred provider organizations---PPOs) purpose: protect doctors and hospitals Doctors Paid: fee for service Coverage: open access; limitations on coverage Choice: limited to doctors in network Profits: insurance companies emphasize maximize profits for shareholders Manage Care: has become common
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