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The problem is the privatization of critical infrastructure, a cancer spreading all over the world.

To quote the last sentence of the article: "Many academic physicians are required by their universities to generate a substantial portion of their salaries by obtaining research grants."

Healthcare, basic transportation, energy and water distribution as well as basic telecommunication infrastructure must be in the hands of the state. The free market has massively failed in each of these areas, everywhere in the world. Just look at the US electricity grid, the Berlin water privatization disaster (less service, more expensive), the US (and partially, German too) broadband Internet service, the Berlin S-Bahn problems, the (recently HN frontpaged) problems in the US healthcare system...

Why can't we learn from the countless mistakes made all over the world?!



I think we have learned from the mistake made all around the world, particularly the ones where government run organizations lose billions of dollars through their shoddy operation of industries.




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