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> There is inequality in city-services, whether private or public. While implementations can be a problem in any system, private business has an additional exp
by pdkl95 10y ago
> There is inequality in city-services, whether private or public.
While implementations can be a problem in any system, private business has an additional expense: profit for the owners. Labor and production costs will be roughly similar, but private will always have some amount of the money diverted to profits (which can take many forms). Worse, because many of these services (e.g. water) are a natural monopoly, privatizing the service won't gain any benefit from competition.
> primarily due to excessive labor and pension costs
This is a common talking point that isn't based in reality. We've been cutting services for a long time, while also cutting revenue. If corporations actually paid proper taxes and/or we taxed wealth-creation properly as income, then most budget deficits would disappear.
> raise prices
That's the point; governments can do the equivalent by increasing taxes. Unfortunately, most people panic at the very idea.