HLTC43H3 Chapter 8: Chapter 8 hltc03.docx
Document Summary
Concerns about rising deficits that begun in the early 80s drove governments to reduce social and health spending. Canadian and uk government looking more to incorporate the private sector in health care. A market is a complex set of social institutions that enables the exchange of a commodity such as a good or service between a seller and buyer. The market represents a means by which labour power and capital, income, and wealth are distributed through processes of production and consumption: inequalities in distribution gives way to political power and influence. The market may represent powerful economic forces that influence public and health policy. Interwoven with markets are politics, ideology, and power. Markets as highly political because politics shapes market activities. Second, markets are complex: any one market is a complex of markets involving different industries and imbedded in different social relations. The creation of markets leads to a transfer of income from the lower-income groups to higher-income groups.
