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I wouldn't say privatizing is the problem. It isn't. Private is often, or generally, good, as it gives you the freedom to pursue good ends without unnecessary i
by lo_zamoyski 1y ago
I wouldn't say privatizing is the problem. It isn't. Private is often, or generally, good, as it gives you the freedom to pursue good ends without unnecessary involvement of state bureaucracy. It's bad and weird to have the state involved in everything. It's for-profit that is problematic in the mentioned cases.
Healthcare, insurance, banking, education, and so on should be not-for-profits or nonprofits (depending on the case).
- actionfromafar 1y agoI think nonprofits can be bent to something weird, too. But might be worth a try. The current situation is just crazy.
- SoftTalker 1y agoAll nonprofit means is that you are not organized with profit as a primary goal. It doesn't mean you don't make money, and it doesn't mean that executives don't have outlandish compensation.
- lukan 1y agoMain problem with non profits in my understanding is, that they are often created for tax evasion purposes, but the legit non profits still get the regulatory heat.
- seemaze 1y agoWhat is the incentive for a private entity to engage in non-profit business.. charity? Nobody want's the state involved because they think they'll do a better job, they want the state involved because it's the last option available with incentives remotely aligned with the benefit of the polity.
- array_key_first 1y agoHealth of the population is in the public interest, therefore it should be run by the public. Same with education. We can have nonprofit education, say, and people will still be left out. Less education is bad for you, it's bad for me, and it's bad for the whole country. Therefore it must be public or we must suffer.
- cwillu 1y agoFor-profit-of-outside-investors