Does the Private Sector Use Resources More Efficiently Than the Government?

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''The private sector will normally use resources more efficiently than the government''

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if the private sector uses resources so effecuently then why is planned obsolescence so common with tech companies?

yayayayya
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All true... Except when it isn't. People forget - or, simply, don't pay attention.
Natural monopolies should be government-owned.

lorincowell
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The clear difference between the two is one side is way way way more accountable than the other. It’s just a fact. Let’s not make this complicated. 🤦‍♂️

HPatRoyers-fsub
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Why cut the video in half? We have to keep in mind what exactly "efficient" means in this context. All around the world, government is a better employer for the employee. Efficiency comes with a cost, and private sector usually makes the employee pay for that cost. They also tend to make the clients pay as well.

Also, think about the people at the top of these private sector companies. When you think about how much money they make, no sane person would call those companies "efficient."

echorises