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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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[+] -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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