Comment by charcircuit

2 days ago

Imagine what would happen if Uber never ran at a loss. It wouldn't have been able to grow into what it is now. Losing money in the short term can bring long term wins.

3 comments

charcircuit

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michaelsshaw  2 days ago

Way to completely dodge the question. The question was not "Why should we allow the public services to run at a loss in the short term?"

The question is: Why should public services aim to produce profit?

  • charcircuit  2 days ago

    I interpreted your question to be why I thought they should focus on long term profit instead of short term profit. As to your question it is for efficiently allocating resources.