Beatrice Institute Podcast cover image

What Do Healthcare Systems Owe the Working Class? with Gabe Winant

Beatrice Institute Podcast

CHAPTER

The Paradox of the Healthcare Industry

The service industry has a very low margin, which means there's this constant pressure to reduce labor costs. This puts a serious ceiling on the ability for workers to increase wages. It seems like we are willing to consume an enormous amount and demand an enormous amount of care,. That drives the industry's growth; it grew right through the Great Recession.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner