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> The main difference is that private enterprises may fail if they do not deliver their product or the service to customers at a cost acceptable to the latter;
by hackuser 12y ago
> The main difference is that private enterprises may fail if they do not deliver their product or the service to customers at a cost acceptable to the latter; government projects and departments do not have this check.
Every government executive's job (including appointees' jobs and to a degree every program), relies on a public vote every 2-6 years.
Democracy isn't nearly perfect, but as we've seen, neither are the markets.
- nickff 12y agoIf you read the link, you will see that it makes a point similar to what you are saying (but more nuanced, and well thought-out than an HN comment). No one is arguing that perfection is achievable (or even a goal), the question is what form of feedback is most effective in providing desirable outcomes.
- hackuser 12y ago> If you read the link ... You're right that I didn't; sorry. I have a hard time putting faith in the value or accuracy of Wikipedia, especially for sophisticated analysis.