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Private Capital vs Central Planning (lemmy.ml)
submitted 2 years ago by to c/memes@lemmy.ml
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[+] -25 points 2 years ago (2 children)

Public employees are almost always not the highest quality and tend to be overpaid, why is it bad to have private companies do the work?

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  • [–] 19 points 2 years ago (1 child)

    I work in a large corporation, I can assure you that the same kind of people in the same proportions in corporations as in governments. You really should not let low resolution ideologies impose their make beliefs on your world.

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  • [+] -9 points 2 years ago (1 child)

    I used to also, and I understand the issue, but the mega corps will still be more efficient than the government. This brings up the other issue of how the government funds all the tax dollars to large corporations and also props them up with regulatory protections.

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  • [–] 7 points 2 years ago (1 child)

    It really depends what you mean by "efficient". But even if you go with "profit maximizer" that's still an ideological truth that falls apart easily for most human endeavor. Since both organizations are made of the same kind of humans, have the same basic technology and access to resources (when not crippled in some way). When you add on top non monetary social goals, task more complex than "deliver commodity at lowest cost and max profit", especially if you consider externalities, tgen saying " corporation are more efficient" as a blanket statement for use in all cases by default, it seems to me this is an ideological statement, really, an article of faith more then anything else.

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  • [–] -4 points 2 years ago

    Its not an ideological statement, it is a comment on the structure of the organizations and how they have to work to survive. Corporations need to do things efficiently or they disappear, the reason large companies are able to be so inefficient is that they are propped up by the government. But the big corporations still have to be more efficient than the other giant companies or their business gets taken.

    When it comes to the government they can have irrational requirements and ways of doing things, and since they allegedly are beholden only to the voters (who dont have a clue what is happening) then they can be as inefficient as they want. An example that is non monetary is how the police will investigate themselves and find they did nothing wrong, they only have an incentive to protect themselves and their own people.

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  • [–] 8 points 2 years ago (3 children)

    Basically because every time this happens the burden of debt is passed towards the tax payers. They just built a long toll lane in my city in what was a 2 lane highway. Adding another lane or two would have alleviated traffic immensely. The company that built it owns all profits for approx 50 years. What could have been a 5 lane highway is still two except now you have the option of paying a ridiculous amount of money to not have to deal with the traffic. This is money that could have been spent on improving the city's other methods of transportation, trains, bicycles, etc.

    It doesn't affect me personally. I ride a motorcycle every day. It's just painful to see how private interests are almost never in line with what's best for constituents

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  • [–] 1 point 2 years ago (1 child)

    To be fair not building literal highways in the city is good result

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  • [–] 1 point 2 years ago

    I think this is a seperate issue when private corporations build and own roads. I dont know enough about that sort of thing, I was more referring to how the government hires out private companies to create infrastructure instead of having government employees do it.

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