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You're conflating public sector vs private sector (Government vs Non-Government) with publicly traded vs privately held. GE is in the private sector, but publi
by hnal943 9y ago
You're conflating public sector vs private sector (Government vs Non-Government) with publicly traded vs privately held.
GE is in the private sector, but publicly traded.
- Torwald 9y agoYes, thank you, I understand that. My point is that a publicly traded company is not necessarily able to provide accountability in the sense of the parent comments, more so than a governmental organisation. It is not 'private' enough. (Which is logical, since the control by the state runs deep into it.)