Quote:
Originally Posted by Slava
I've worked for private corporations and now work in conjunction with some for my own business. I don't doubt that the public sector could be more efficient, but anyone who touts private corporations as a model of efficiency based on the fact that they're private alone is simply misguided.
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The point is not whether private is more efficient than public sector but accountability. Public sector has little accountability, their employees can take multiple smoke and coffee breaks, 20 sick days a year and strike when they want to. When all else fails, the government can always raise taxes to pay for all the inefficiency. Private companies in a competitive market don't have the luxury to raise prices at will.