General Discussion
In reply to the discussion: Why is the "private sector" better than the "public sector"? [View all]badtoworse
(5,957 posts)There are functions that are needed and are the proper role of government. I do believe that the private sector is more important because it generates the money that gets taxed to pay for those public services. A country without a healthy. vibrant economy will not create enough wealth to pay for public services. Look at Greece - because of tax evasion and a collapsing economy, they will likely run out of money in July and will be unable to pay salaries, pensions, buy fuel, etc. Another poster pointed to Somalia as a country with a private sector but no functioning government - that is not a desirable situation as anarchy prevails (it may well come to that in Greece as well).
Both sectors are needed, but the private sector pays the bills.