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Healthcare has seen great improvement as a result of the profit motive.Keyword above "component".
Are politicians motivated by profit motive and 'free markets' as well? Would profit margin create the best politicians we've ever seen?
As I originally stated, there are some things that carry social value, such as healthcare or governance, that should not be subjected to a profit motive model.
Politicians are not motivated by profits. If you could work it so they personally benefited more from good outcomes for the country, you'd probably be more likely to get good outcomes. The challenge is that the public doesn't agree on what outcomes they want, though they often say they do.