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>you get the worst of both worlds. Inefficiency and rigidity of the government, combined with opacity and greed of the private companies. This is what is being
by narrator 6y ago
>you get the worst of both worlds. Inefficiency and rigidity of the government, combined with opacity and greed of the private companies.
This is what is being referred to when a politician used the words "public/private partnership.'
- smsm42 6y agoBy itself, there's nothing wrong with government buying services from private companies - in fact, it's inevitable, unless the whole economy is controlled by the government, certain services will have to be bought on private markets. It is when the unique power position of the government is leveraged to give certain companies unearned advantage, and the government acts not as mere consumer among others, even if with deep pockets and special needs, but seeks to promote some companies at the cost of suppressing others, is where the trouble lies.