Saturday, December 20, 2008

The Public vs. the Private Sector

David Berner has just published a long, but interesting article.

Here's the comment I left him:

Superb post, David. Very comprehensive and tackles the prime issues our society is struggling with these days.

I, for one, have no problem with a mixture of public & private involvement in our society. Two primary tenets guide my thinking: Accountability and Competition.

The inherent problem with public sector *anything* is that there is inherently no competition and - the way things are setup - almost always little to no accountability. I lay the latter failing primarily at the feet of public sector unions who protect the incompetent and thus spread this dysfunctional cancer throughout the organization.

2008 has shown us that Accountability and Competition seem unimportant to many large private sector industries too. This is unfortunate. For there is no worse mistake for government than to offer large companies corporate welfare.

No comments: