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LAGC

(5,330 posts)
4. I don't know about U.S. history, but certainly many examples from the old Soviet Union.
Mon Apr 23, 2012, 08:23 PM
Apr 2012

As someone else stated so eloquently in another thread: "I don't want the government deciding fashion choices for me, but it would be nice if my utilities were all publicly-owned."

The free market does have advantages when dealing with most commercial products: quickly adjusting to peoples tastes/styles/desires, setting prices based on supply-and-demand, offering more variety and choices, etc.

But on the flip-side, when it comes to human services, most anything dealing with people like health care and especially public safety, the "invisible hand" tends to treat people as expendable commodities and service suffers as a result.

Certainly the privatized prison industry experiment is a glaring example. Private prisons cut costs by paying guards less, serving cheaper food, cutting corners and offering fewer comforts, no surprise that much higher levels of violence and unrest inevitably occur.

Infrastructure (roads/bridges/railways) and the energy sector in general are two other areas where I'm not sure privatization has really helped lower costs -- just made a few fat-cats very wealthy, at the public expense.

Recommendations

0 members have recommended this reply (displayed in chronological order):

gotta tell you.. annabanana Apr 2012 #1
Honestly, neither can I . . . markpkessinger Apr 2012 #2
MILITARY CONTRACTORS! trof Apr 2012 #3
I don't know about U.S. history, but certainly many examples from the old Soviet Union. LAGC Apr 2012 #4
+1.. (rec this post) . .. . .n/t annabanana Apr 2012 #5
Thank you! markpkessinger Apr 2012 #7
I was unaware the government ever built roads/bridges/railways. n/t cherokeeprogressive Apr 2012 #15
Maybe road construction? rucky Apr 2012 #6
About 35 years ago my city privatized rubbish collection. The virgogal Apr 2012 #8
Thank you... markpkessinger Apr 2012 #13
Actually deaniac21 Apr 2012 #9
No, I'm not... markpkessinger Apr 2012 #11
Garbage collection. former9thward Apr 2012 #10
Thanks... markpkessinger Apr 2012 #14
Scott Walker in Milwaukee Lucy Goosey Apr 2012 #12
Define "efficiency". Demonstrate a connection between "efficiency" and human happiness. saras Apr 2012 #16
Excellent points! markpkessinger Apr 2012 #17
Sure, private industry can do it cheaper. xfundy Apr 2012 #18
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