Considering that it worked well for well over 30 years it took them a long time to ‘figure out’.
I disagree however. Nursing is not a vocation for those interested in great financial rewards. It is the wrong sort of profession for anyone interested in money more than anything else, it’s a caring profession for people who want to help others and alleviate suffering. Motivation and reward comes from helping others, not earning huge bonuses. If you want to earn huge bonuses, you should become a stockbroker (err... well maybe not now). Comparing a hospital to a business is ludicrous. That is how hospitals got into this mess in the first place. When it comes to looking after patients, looking after the bottom line should be the last thing they have to care about.
Socialism doesn’t just limit profits. It prevents excellence. No one is allowed to do a better job than the person next to them.
30 years ago our public schools were much better than they are now, for example.