3 ms·
Partial privatization is often (always?) worse than no privatization. Privatization works only because of market incentives. When you take away some of those
by efitz 4y ago
Partial privatization is often (always?) worse than no privatization.
Privatization works only because of market incentives. When you take away some of those incentives then you have the illusion of a free market but free market controls cannot encourage good outcomes.