It's examples of the private sector failing and proving to be less efficient than the public sector which has to also bail them out. Sure underlying this is failures at government and trust executive levels.
PFI has proven to be pretty disastrous. But it's definitely provides valid examples of the private sector not always being more efficient than the public sector. Hospital estates departments just manage their buildings better. This is my personal experience.
I’d be interested in the academic studies that say that? Also money kept by large corporations or individuals stay with them whereas in any decent society money paid into the Govt gets used to help those who really need the help.
Doubt it. Private sector companies being wasteful leads to job losses or closure. Public sector waste leads to more taxpayers money, raised from taxes on the private sector, to bale them out.
Money paid into the govt goes into featherbedding pubsec jobs and keeping them in employment no matter how unnecessary some of them are in a lot of cases. All the money went to the govt in the Easter Bloc. The plebs there were in poverty.
They're being delivered next week here. Got pretty good reviews for their range and tech. The frunk is the first in the electric car category to have a drain plug for when you put wet cables in, if you're interested ;. The aesthetics are personal opinion, as usual. Not really sure that I'm defending him, just find the the hatred exaggerated and manufactured. It's all ok to sell or buy a book on Amazon, despite it being well known they've put thousands of small retailers out of business through tax manipulation and have extremely dubious work practises, but buying a Tesla is verboten... Both owned by billionaires who don't give a **** about any of us - I don't see the difference.
A timely example today: https://www.bbc.co.uk/news/articles/c7vzq9436zdo Wonderful system we live in.
There are numerous examples of private companies being incapable of running public services efficiently. For starters, google 'probation services outsourcing'.
Yet nobody has put forward an argument to the contrary. Just sniggering comments. But myself and others have given first hand experience of private sector inefficiencies and waste. Providing an inferior service is a measure inefficiency. As it happens I'm fully aware that public services can also be wasteful and inefficient. I was simply challenging the blanket statement that private sector is more efficient than the public sector. Which clearly is not always the case.
