> as more things got privatized in the US, you can clearly see the degradation of our services. For example, the NYC subway.
The question is whether this is caused by privatization or by corruption. Obviously if you constrain who can bid on the contract so that it can only go to some well-connected paymasters who overcharge and underdeliver, things are going to go poorly.
> We've tried the theory of privatization. In fact we keep trying it over and over. Look around you. Is it working?
In which place are we incarcerating the politicians who deliver the contracts to their cronies?
The question is whether this is caused by privatization or by corruption. Obviously if you constrain who can bid on the contract so that it can only go to some well-connected paymasters who overcharge and underdeliver, things are going to go poorly.
> We've tried the theory of privatization. In fact we keep trying it over and over. Look around you. Is it working?
In which place are we incarcerating the politicians who deliver the contracts to their cronies?