Re:Blue Apron May Need to Raise More Money Soon After Shrunk...
by lostcolony on Friday June 30, 2017 @08:17AM
(#14670220)
Hence why ISPs are so reasonably priced and good quality. /sarcasm
I understand balking at governments paying for services the private sector can deliver on (though oftentimes that still requires a level of regulation to ensure that monopolies don't develop), but not when it comes to services that the private sector either can't, or at least -really really shouldn't- be handling. And there are a lot of those, even things that the private sector currently handles (such as pharmaceuticals, where without a monopoly there's no reason to invest in drug research, but as you move toward a monopoly you get price gauging a la Epipen, Shkreli, etc; taxes funding drug research without seeking to maximize shareholder profit seems a much better approach).
I understand balking at governments paying for services the private sector can deliver on (though oftentimes that still requires a level of regulation to ensure that monopolies don't develop), but not when it comes to services that the private sector either can't, or at least -really really shouldn't- be handling. And there are a lot of those, even things that the private sector currently handles (such as pharmaceuticals, where without a monopoly there's no reason to invest in drug research, but as you move toward a monopoly you get price gauging a la Epipen, Shkreli, etc; taxes funding drug research without seeking to maximize shareholder profit seems a much better approach).