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China: Bioethics, Trust, and The Challenge Of The MarketChina, Beware: What American Health Care Has to Learn from Singapore

China: Bioethics, Trust, and The Challenge Of The Market: China, Beware: What American Health... China, Beware: What American Health Care Has to Learn from Singapore H. Tristram Engelhardt, Jr. 1 Introduction: What the Market Is and What It Is Not The market is freedom. The market is nothing more than men and women consent- ingly trading goods and services. The market in general, since it binds persons across the world who are often to each other moral strangers, can require only that those in- volved give permission. That is, they can be required not to coerce by threat of force or through deception. Such challenges to the market fall beyond the capacity of the market itself and must be met through rule of law. The problem of physical necessity also falls beyond the scope of the market. Concerns to blunt such necessity must be met by altruism. Finally, the market takes for granted that, though its participants may enter into the marketplace for numerous reasons, the most common reason is the desire for profit. The moral domestication of concerns for profit will need to take place through moral institutions and through frameworks of moral concern that lie beyond the market. One should expect from the market only that which the market can provide. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

China: Bioethics, Trust, and The Challenge Of The MarketChina, Beware: What American Health Care Has to Learn from Singapore

Part of the Philosophy and Medicine Book Series (volume 96)
Editors: Tao, Julia
Engelhardt, H. Tristram
China: Bioethics, Trust, and The Challenge Of The Market — Jan 1, 2008
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Publisher
Springer Netherlands
Copyright
© Springer Science+Business Media B.V. 2008
ISBN
978-1-4020-6756-3
Pages
55 –71
DOI
10.1007/978-1-4020-6757-0_6
Publisher site
See Chapter on Publisher Site

Abstract

China, Beware: What American Health Care Has to Learn from Singapore H. Tristram Engelhardt, Jr. 1 Introduction: What the Market Is and What It Is Not The market is freedom. The market is nothing more than men and women consent- ingly trading goods and services. The market in general, since it binds persons across the world who are often to each other moral strangers, can require only that those in- volved give permission. That is, they can be required not to coerce by threat of force or through deception. Such challenges to the market fall beyond the capacity of the market itself and must be met through rule of law. The problem of physical necessity also falls beyond the scope of the market. Concerns to blunt such necessity must be met by altruism. Finally, the market takes for granted that, though its participants may enter into the marketplace for numerous reasons, the most common reason is the desire for profit. The moral domestication of concerns for profit will need to take place through moral institutions and through frameworks of moral concern that lie beyond the market. One should expect from the market only that which the market can provide.

Published: Jan 1, 2008

Keywords: Health Care; Health Care Expenditure; Health Care Policy; National Health Insurance Scheme; Saving Account

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