I'm sure it does, but the difference is that companies have to deal with competition, while governments are effective monopolies. If I, as a customer, dislike t

I'm sure it does, but the difference is that companies have to deal with competition, while governments are effective monopolies. If I, as a customer, dislike the value I get for a product or service, I can switch. If as an investor, I don't like the returns, I can sell. But if I don't like the way the Navy is investing my tax dollars, what can I do? Yes, it can be changed, but I can't really do much about it as an individual. Over time, this situation conspires to create government waste because there's no accountability. There might be oversight, but the consequences of mismanagement and inefficiency isn't organizational death, the way it is (or should be) in the private sector.