no, they think there are inefficiencies because government runs it (too much staff, they work mandated hours, their pension benefits are tied in old ways, maybe they give contracts to their friends). so efficiencies that actually occur are usually shittier work conditions, sell off of obligations/extra land sometimes, they now give contracts to other friends. but on the other hand government is not on the hook for their debts.
private equity can easily reduce costs for 5 years, if mandated to do so, there is so much shit to sell off to subsidize it for a time, so even price reduction is not a sign of anything
I try pointing out that the “inefficiencies” in governments almost always is to private companies but they just keep repeating “private companies good”.
It’s wage theft. That’s what private corporations do better than the public sector, and until the controversy of selling out public goods dies down, some of it is passed in. This makes the good look cheaper for a bit.
a question never answered by privatizer fans.
no, they think there are inefficiencies because government runs it (too much staff, they work mandated hours, their pension benefits are tied in old ways, maybe they give contracts to their friends). so efficiencies that actually occur are usually shittier work conditions, sell off of obligations/extra land sometimes, they now give contracts to other friends. but on the other hand government is not on the hook for their debts.
private equity can easily reduce costs for 5 years, if mandated to do so, there is so much shit to sell off to subsidize it for a time, so even price reduction is not a sign of anything
I try pointing out that the “inefficiencies” in governments almost always is to private companies but they just keep repeating “private companies good”.
Except when private owners fuck everything up and beg for bailouts.
It’s wage theft. That’s what private corporations do better than the public sector, and until the controversy of selling out public goods dies down, some of it is passed in. This makes the good look cheaper for a bit.