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>State sponsored enterprise is what happens in autocratic countries. At the whim of the ruler enterprise is expropriated, whenever something is seen as adequate
by dTal 7y ago
>State sponsored enterprise is what happens in autocratic countries. At the whim of the ruler enterprise is expropriated, whenever something is seen as adequately tempting.
Oh boy, you are not gonna like it when you hear about the "military industrial complex".
>The economy would collapse because the incentive to outperform would be gone.
You speak as if huge chunks of our society haven't been socialized with great results. You want to re-privatize the fire department, so they have more incentive to put out fires? Privatize the police force, so they have more incentive to stop crimes? It's not so straightforward as "private enterprise = proper incentive structure" - it's possible to engineer incentive structures with better outcomes than the free market.