05-02-2011, 03:16 PM
mattkime wrote:
the simple reason why privatization fails so often is because the magic of free enterprise doesn't work unless there is competition.
its funny how the biggest proponents of the free market seem to understand little what makes it tick.
And, mattkime, it's really not feasible to have competition in a sector where services are required to be offered to everyone by statute or regulation. At the very least, it would be inefficient to do so.