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Totally agree. Privatizing public transportation would be the fastest way to both make it profitable and deliver more value to consumers. There is a good rese
by barmstrong 17y ago
Totally agree. Privatizing public transportation would be the fastest way to both make it profitable and deliver more value to consumers.
There is a good research to back this up, but intuitively it makes sense also for the simple reason that you always spend your own money more carefully than you spend someone else's.
A government employee is just trying not to be noticed or fired. A private company is fiercely competing to save their own money and make more of it (the only way to do the latter is to deliver a product customers want). The selfish profit incentive is the greatest method we've ever found to motivate people and drive progress for everyone.