My reply here:
There is no such thing as “market failure”. That’s just a term for “outcome I don’t like”
maybe if government got out of the way we’d see these solutions. People are quite innovative and I’m sure solutions I can’t fathom would crop up.
But lets take one example I presume is meant here. Someone needs emergency care and has no insurance or means to pay. Well we already had a solution for that but government killed it. We used to have numerous charitable church run hospitals that would supply such care at no or little cost. But then government got involved with Medicaid and Medicare and started paying everyone so why do stuff for free? Now everyone expects a hand out expecting to be paid by government and the church run hospitals lost their reason to exist and went away (there are only a handful left now).
Government distorts the market and creates the very failures that are so often pointed to.
The fallacy here is believing that 51% of the populations deems policy x so important that they elect people to carry out policy x but absent government somehow those same 51% would just shrug their shoulders and do nothing? No. They would support anyone trying to achieve end they desire
And then a good exchange below fleshing out the details a bit: