Comment by piva00
1 day ago
I've seen private companies cutting down on logging expenses that would completely fund my friend's whole research department at Stockholm's University.
There's absurd waste in private companies which always makes me laugh when people say the government is inefficient.
Government IS inefficient though, and it's inefficient because there is zero competition and also complete job security. It's also inefficient because the employees are generally bottom of the barrel folks due to the incredibly poor wages.
So you can get people working in the government who couldn't get a job in the private sector if they tried, working with total job security (they can't get fired) for an entity with zero competition so there is no drive or motivation to get better or otherwise improve.
Whereas with private companies you can get hired quickly and fired quickly, meaning you have to perform well (motivation), you are paid better so you attract higher quality candidates, and also if the company does badly you go bankrupt, which means the whole company performs better or dies. The companies which remain win the market and are more efficient (as they are the companies which survived).