RE: IHT2 Feb 2023 15:39
Well, I don't think I'm quality to invest for society as I have undoubtedly got bias. I'm happy for a pool of my hard earned money in the form of taxes to be divided out by a group (gov) as they see fit. Life sciences should be funded by a variety of sources, gov grants, IP offerings, institutional investors, private investors, and even through charities. Do I think the government is great at using tax payer money - no absolutely not. Are they great at creating burden and limiting development - of course and that abosultely needs to change.
I just don't think that people understand the implications of moving away from an NHS to private health care and the impact it would have on society. For profit health care has a lot of ethical issues and I do think the NHS should be more flexible and adding paid for services, though it would need to be careful about how it goes about that. Having a fully private system would have much bigger consequences for society and everyone would end up worse off in the long run.