Comment by nickpp
5 years ago
Neither is perfect but we can easily see that private competition works better by far by comparing the results: all the modern life products and services vs the mess that governments and governmental services are in various parts of the world.
The question is not which is more efficient, but which is more responsible with power.
Governments have incomparably more power and thus their abuses are incomparably worse: famines, pogroms, wars, asset confiscation, incarceration, murder.
Companies are controlled by the market, it's governments we need to worry about and find ways to control and regulate.
Still, the question is not which currently have more power, but which is more responsible with that power in a democratic society.
Companies are remarkably good at finding ways to control the market. That's why antitrust legislation is needed to protect consumers.
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