#Grime4Corbyn: Feelings Don't Change Reality Part 2

In this second part covering #Grime4Corbyn I touch upon how feelings don't change reality with the example on rent controls and the damage they cause. It perfectly illustrates how a politician like Jeremy Corbyn can so easily fool socialists simply because they don't understand basic economics.Show more

As I explained, socialists are more interested in the image of Corbyn rather than the actual information he speaks. This can be seen with the religious defence of the British NHS, a healthcare system that is treated as a religious institution. It has failed every single year on record since 1948 but in the words of Corbyn it must be protected and even pushing for full renationalisation of the NHS.

Feelings don't change reality that when you destroy the information of profits and losses you are faced with the laws of supply and demand, the economic calculation problem and the knowledge problem. Corbyn loves to speak a lot of rhetoric about healthcare for "everyone" but that is all that it is, rhetoric. Not only is that statement contradicted from the history of the NHS, economic reality would never permit it and as I explained, healthcare isn't inelastic as some like to have you believe.

Socialists are not really interested in costs or quality of healthcare, if they cared that much why do you never hear them speaking about Singapore's more free market model of healthcare or the Direct Primary Care model of the United States? Either they are not aware of it or most likely, they really only care about their agenda for nationalisation and that's it; one step closer to communism.