4 ms·

All of this could just as well be created by the private sector.

• deleted 2y ago
  [deleted]
• tetris11 2y ago
  Fiduciury duty, and the lack of a regulatory body to ensure some semblance of actual competition means that that private industry would likely not act in the interests of the public
  • hellojesus 2y ago
    The public only has an interest in public goods. And those are still provided by the state. Private goods should be influenced by private transactions, and competiton guides those to optimal market-based outcomes.
    • deleted 2y ago
      [deleted]
    • tetris11 2y ago
      You're advocating for the privatization of clean drinking water, breathable air, and disease-free food. Have you seen what has happened to the UK in the past 10 years? Do you still believe that privatization was a net benefit there? The only way to guarantee competition is to punish predatory practices of large companies against small ones, which means, surprise, regulation.