3 ms·
"private industry can produce far more efficiently than government" and yet often chooses not to, because profit does not efficiently produce gains to customers
by zeruch 4y ago
"private industry can produce far more efficiently than government" and yet often chooses not to, because profit does not efficiently produce gains to customers as much as "stockholders" today, and healthcare is far from the only glaring exception, its just the most terrifying to most people.
And 'efficiency' isn't the sole determinant of value.