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If government were operating on a profit motive it wouldn't be doing the things it should be doing. Government should focus on exactly those things where a pro
by Firadeoclus 9y ago
If government were operating on a profit motive it wouldn't be doing the things it should be doing.
Government should focus on exactly those things where a profit motive doesn't make sense, i.e. areas where maximising total well-being does not correlate with the ability to extract a profit.
EDIT: So efficiency as applied to government services should really be based on very different criteria than profitability. Though to a lesser extent that is also the case for private companies.
- jaggederest 9y agoYes, agree completely. Efficacy is the standard for government.