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ProfessorGAC

(77,332 posts)

4. One Add To Your Thoughts

Reply to lamsmy (Reply #2)

Wed Aug 8, 2018, 08:45 AM

Aug 2018

The small government types tend to pursue the notion that private business is always more efficient.

But in terms of capital, the problem with all layers being privatized is that this creates a minimum of one more layer of profit taking that adds zero value (or close to it).

So, there is an inherent capital inefficiency that may or may not be compensated by the "more efficient" private sector.

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A letter to those who cry for small government... [View all] Locut0s Aug 2018 OP

I think your points are well taken, my dear Locut0s. CaliforniaPeggy Aug 2018 #1

Thanks :-) nt Locut0s Aug 2018 #7

A shorter post lamsmy Aug 2018 #2

One Add To Your Thoughts ProfessorGAC Aug 2018 #4

I've worked long enough in retail to know that waste of this type... Locut0s Aug 2018 #5

Smaller Government Hides the Real Objective Leith Aug 2018 #3

I agree. My post was more hypothetically directed at the poor... Locut0s Aug 2018 #6

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