I think this is a bad argument for socialized healthcare (Which I am 100% for BTW).
Look at retired people, they contribute very little to society. From a purely economical POV, letting them die is the correct course of action. I, and many others, find this morally abhorrent. We should provide healhcare because it is the correct thing to do, not because it is economically viable. The whole point of a society is for its members to live better lives collectively than they would individually, not to maximize some abstract value.
So, determine democratically how much resources we should pool into healthcare and distribute that fairly among ourselves, on an as-needed basis. That's how it works in much of the 1st world, and it works reasonably well. Better than in America, that's for sure, as can be seen by the higher life expectancies and cheaper medicine overall.
Look at retired people, they contribute very little to society. From a purely economical POV, letting them die is the correct course of action. I, and many others, find this morally abhorrent. We should provide healhcare because it is the correct thing to do, not because it is economically viable. The whole point of a society is for its members to live better lives collectively than they would individually, not to maximize some abstract value.
So, determine democratically how much resources we should pool into healthcare and distribute that fairly among ourselves, on an as-needed basis. That's how it works in much of the 1st world, and it works reasonably well. Better than in America, that's for sure, as can be seen by the higher life expectancies and cheaper medicine overall.