@ChrisMayLA6@zirk.us has moved on Nostr: the key Q. in the economics of private provision of public goods (from health care to ...

the key Q. in the economics of private provision of public goods (from health care to energy provision) is:

does the opportunity to profit from services drive innovation & the development of efficiency of delivery, or;

is profit just the outcome of the willingness to cut costs, whatever the impact on services, and user satisfaction.

For supporters of privatisation the former is the analysis of choice; for critics, the evidence points unerringly to the latter.

#privatisation #politics