Not sure how it was before ObamaCare, but in Brazil even with universal healthcare (several hospitals that are public with public servers) and health insurance the price haven't skyrocketed yet.

But yes there are 2 sayings, if demand is certain price will rise and if the price is zero it will get infinite demand as well.

I also want to note that “socializing” an industry is NOT socialism, but rather social democracy. Social democracy is employed in every country across the Western world and is more about the government‘s role in the economy, while socialism and capitalism are about the economy as a whole.

Capitalism is an economy owned by capitalists.
Socialism is an economy owned by workers.

A capitalist is someone who makes their income using the M-C-M model, that is exchanging M (Money) for C (commodity) strictly for the purpose of increasing their M (Money). In other words, capitalism is about people scamming the system to turn some money into more money, and the commodity economy is stuck in the middle. According to Marx, capitalism will lead to extraordinary wealth for the capitalist class while the worker class will eventually get less and less leading to strife and either political upheaval or radical uprising events such as the French Revolution.

A worker is basically someone who works for money, and uses that money to buy commodities for personal use. A socialist economy removes the ownership of capitalists from a company, and divides the ownership among the workers.

Social democracy is rather a government that advocates on behalf of the population as a whole: things like minimum wage, nationalized healthcare, universal basic income would all fall under social democracy and actually have nothing to do with socialism... although socialism and social democracy can co-exist quite nicely. Marx was NOT pro-social democracy, he believed that governments were tools of the middle class (which is defined differently in his time, and is rather synonymous with the capitalists); both Marx and Engels predicted that the government would wither away. Anyway, social democratic governments have a history of working very well alongside capitalism, too.


And just a bit more on Middle Class. In the US, Middle Class has come to be the definition preferred by the working class for themselves. But as a good way to determine whether or not you are middle class: are you living off of money paid for work? If so, you are working class. Are you living off of investments or assets? If so, you are Middle Class. And what about upper class? That traditionally refers to the landed nobility and sometimes the clergy (historically referred to as the second and first estates in the enlightenment) - or, perhaps in modern terms, people who have no need to play an active role in the economy because they have inheritance enough to set them up for life.

Government is bad. Now please applaud my intellect.

Then why does every society have one?
What does a place without goverment look like?

Is it just wild tribe of natives? running around inside of a forrest or on some small island.
Are things that much better there?

We tend to group up, in large clusters.
Without goverment, we cant funktion once that happends.

I guess his sarcasm flought way over your head.

He was joking with his comment.

But a place without a goverment is a scary place yes,what would stop certain groups that decide to take a town for themselves and commit horrific acts to people they do think are lesser?

Without police we would have to arm ourselves and risk our own lives,or be victims.

As I said it's not real socialism, it's corporate socialism

Yeah I was being sarcastic. BUT to answer your question... and speaking only as an American .. Madison wrote the constitution and the Rebels adopted it because rule of law is necessary! Being that he and the Rebels knew that governments become corrupt (it’s inevitable in all cases) they agreed to a constitution that put government in bondage. 

The US Federal government has limited authority. Congress’s authority is enumerated. Find it here https://www.thoughtco.com/constitution-article-i-section-8-3322343

The US Federal Government used Prohibition, the creation of the Federal Reserve, War on Drugs, and War on Terror - to unchain itself from constitutional bondage. Killing over seas and exploiting foreign resources is common now, Imprisoning 25% of its own population for victimless crimes is common now, 30 years of indentured servitude to own a home is common now. 

There were no Federal Taxes for 100 years after our revolution. Federal Funding came from tariffs. Each State taxed and policed itself. Land was Individually occupied and used which gave property rights to the family Improving on it. Just like the Natives method of land ownership. 

what did the US look like with this lawlessness? It was the “Old West”. Manners were the difference between life and death. Bandits were in and out so community stood up for each other’s safety. It was a hard life — it’s arguably harder now that now that so many are dependent on low wages to scratch at a living.

Now there’s homeless, drug addicted, over crowded streets. There’s so many laws that we each break at least one a day and either don’t know or don’t care. Until we get caught. Then we get extorted for hundreds of dollars. Which is fine if you’re wealthy. But most of us aren’t. A fine can ruin your whole year. It’s become a classist system. 

Im not against the way things are. I’m getting by ok. But I would like to find land no one is using and improve on it and call it mine. I would like to police myself. I would like to rely on community to create my safety. I would like to set free all people convicted of victimless crimes. I’d like to stop the killing of foreign families and Stop exploitation of foreign resources. In the mean while, I’ll happily enjoy my modern conveniences and simply abstain from voting for the duopoly. 

Too much Government is an awful thing. Some Government is necessary! Socialist economy, where company ownership is shared amongst the workers is the awesomest idea. However a socialist government is too much government. Socialist government provides everything and to do so it takes everything. That strips independence and creates pure dependence. And anything it gives it can also take away. 

True happiness comes from independence. Ask anyone who has no choice but to submit. 

I oppose it 1000%. I also oppose a lot of the welfare programs already in our country. As for those saying Americans support socialism, well not really. The truth is most of those are newer Americans (less American) and illegal immigrants or those that exploited loop holes. The vast majority of real Americans still oppose socialism and that was pretty evident when Biden routed Bernie. Bernie even lost support in his home state of Vermont even if add his to Warren's numbers (and she was moving herself closer to center during this campaign as opposed to 2016). So the irony of all of this is that Biden's movement further left might actually help Trump in the end. No idea if that will happen. Before coronavirus I was sure Trump would win, but right now it appears like a Biden landslide. Really too early to tell especially once Trump destroys Biden in debates as I expect.

As for why we oppose socialism? It's garbage and there's plenty of economic theory on why it ruins societies. Frankly I don't support BLM or any of these far left movements. Also, I'm mixed raced and have ancestors that fought in WW2, Civil War, and Revolutionary War. Frankly I'm tired of the anti-American sentiment. It's why I wouldn't even support white Europeans immigrating to our country. Most of us were here to get rid of all the wrongs and degeneracy that takes place in the rest of the world and now it's invading ours. Socialism has been a problem since FDR and it's been made worse since the 1960s. Truly most Americans are against socialism. It never worked and our country was made great generations ago because of the industrial revolution and capitalism from a moral class of people that are not properly represented today. 

Hate free markets all you want, the US would have never have challenged the British Empire for dominance/supremacy without it (and the Empire wasn't exactly socialist ie the only thing that could beat it was even more free-er markets or no war for survival).

Every $ of debt the US absorbs makes them weaker and China stronger yet 'the West' has the ability to match China easily and combined with India could make China irrelevant.

No more than 10% of the population requires welfare so if the rest of us pay ~10% extra so that the 'unproductive' can be subsidised long enough to become productive then we have a long term, successful business model that has already been proven to work.

Or the US borrows trillions from China to pay for University fees where students don't even go to university or learn communist nonsense disguised as science..