Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Just because you paid for insurance doesn't mean you should get it (lemmy.world)

submitted 4 days ago* (last edited 4 days ago) by [email protected] to c/[email protected]

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https://mas.to/@MikeBeas/113666556469008087

EDIT: I think you should get the service you pay for, just so that's clear.

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[–] [email protected] 21 points 4 days ago* (last edited 4 days ago)

he’s very clearly laying out why insurance companies should not exist.

He's laying the case for why insurance must either operate as a public loss-leader or a privatized scam. But I don't think he really understands the bottom layer of the argument.

All I'm seeing is "Insurance is business. Business need to make money. Therefore denying claims is good aktuly." There's no "ah ha" bit at the end where he recognizes their predatory nature.