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Governments are the largest, most inefficient and wasteful monopolies in the world. There's zero incentive for them to provide cost effective or reliable soluti
by IXxXI 7y ago
Governments are the largest, most inefficient and wasteful monopolies in the world. There's zero incentive for them to provide cost effective or reliable solutions to problems. Private sector alternatives are better the large majority of the time.
- lemcoe9 7y agoYeah that worked very well with Goldman Sachs, Morgan Stanley, AIG, S&L's in the 90's, General Motors, Chrysler, etc. The Eisenhower National System of Interstate and Defense Highways, Hoover Dam, and similar projects were all complete failures. /s
- IXxXI 7y agoBill Clinton repealed glass steagall in 1999. It allowed that 08 bank meltdown to occur. General Motors and Chrysler business culture of excess led to their financial troubles around the same time. Hoover Dam? NASA doesn't even build its own rockets anymore. SpaceX does the job better and more affordably. The united states is the only major power in the world that fails to upgrade its aging amtrak system in favor of high speed rail. How many trillions did the state waste on war and failed projects like the F-35 and obamacare. Imagine what someone like Elon Musk could accomplish with $1 trillion in funding.
- deleted 7y ago[deleted]
- msafadieh 7y agoNobody tell this person about municipal broadband
- maximente 7y agodefinitely. i'm personally so inspired by Comcast's awesome breakthroughs and super duper customer service inspired by all of this wonderful free market competition and efficient allocation of resources that i figure we'd be fine letting them handle social security payments, Medicare/Medicaid, defense spending, and all of that stuff. imagine the overhead we'd save by just having Comcast running the government!
- IXxXI 7y agoWould you prefer to have a state run pension plan like social security which pays out NEGATIVE returns. Or a privatized pension plan like a 401k or roth IRA paying POSITIVE returns? Donald Trump tried to block AT&T from buying Time Warner to prevent market centralization which enables negative trends you object to. Why does the private sector bear 100% of the blame for negative trends, while faults of state regulation and our judicial system go ignored?
- manicdee 7y agoThanks for sharing that Mr Koch. We’ll be sure to file your response for appropriate consideration. Privatisation of essential infrastructure leads to price gouging, service failure, and cartel behaviour. There’s zero incentive for corporations to provide cost effective or reliable solutions to problems. The actual incentive is to raise the cost of the service you need to the point where you can barely afford the service, but aren’t motivated to either do without or start your own business to compete. If you want to know what a private-industry future has in store for any market, just play Raid Shadow Legends for a couple of months.
- dawg- 7y agoBetween this: >Governments are the largest, most inefficient and wasteful monopolies in the world. There's zero incentive for them to provide cost effective or reliable solutions to problems. Private sector alternatives are better the large majority of the time. and this: >Privatisation of essential infrastructure leads to price gouging, service failure, and cartel behaviour. There’s zero incentive for corporations to provide cost effective or reliable solutions to problems. The actual incentive is to raise the cost of the service you need to the point where you can barely afford the service, but aren’t motivated to either do without or start your own business to compete. lies our political divide. It seems like politics is just these two viewpoints bouncing back and forth at one another over and over and over again. On a completely separate note, if you want people to take you seriously I would suggest not using a video game to bolster your argument.
- manicdee 7y agoThe key to having a political divide is to avoid paying attention to reality, such as dismissing the gambling industry as “a video game”. Once you have experience with capitalism in the real world you will find that “corporations suck” and “governments suck” are not two sides of a political divide but simply two versions of the same problem: power corrupts, and anyone granted power needs regulation and oversight.
- dawg- 7y ago
- beatgammit 7y agoUBI does precisely that. Instead of the government offering a service, they redistribute that money so the poor can get that service on the open market.
- marcusverus 7y agoThis is the Libertarian conception of UBI. In my understanding, the general progressive conception of UBI does not advocate any corresponding reduction in the welfare state upon implementing a UBI. And UBI has many more progressive supporters than Libertarian supporters.
- IXxXI 7y agoSocial Security pays out negative returns. Meaning you're guaranteed to receive lower returns from it in contrast to whatever capital you invest. A person could do better putting their money in a bank account that pays out 0.000001% APY. UBI is the same as social security. You're guaranteed to receive less money than whatever you invest in it. The state will likely funnel a major portion of collected tax revenues into dubious projects like giving free healthcare to illegal immigrants and funding transexual beauty pageants. Then when the program fails as it inevitably will, they'll say the problem is taxes are too low. They'll propose tax hikes and people unfortunately being uneducated will far for it and think its a good idea, the same way many are falling for it right now.