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You have your conception of profit backwards. Still he has a point. I you introduce some new actors in the chain, you should consider what incentives apply to
by narag 9y ago
You have your conception of profit backwards.
Still he has a point. I you introduce some new actors in the chain, you should consider what incentives apply to them. Private owners might reduce inefficiencies, but at what cost? Their own profit, that they would try to maximize at all costs, and service degradation most likely.
- gravy 9y ago> Private owners might reduce inefficiencies, but at what cost? Their own profit, that they would try to maximize at all costs Correct, this has been the SOP for private companies since the beginning of time. This is why things get better.
- narag 9y agoExcept things aren't getting better, that's why we're having this conversation to begin with. I'm all for private companies and profit, but there are a few areas that I prefer the government to have control instead of private interests.