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A comment on Public and private sector efficiency.

Re:Public and private sector efficiency by craigyk on Saturday December 13, 2014 @02:03PM (#8745978)
I've long suspected that the efficiency of the private sector is greatly exaggerated. In the minds of the public, the huge percentage of businesses that fail, often from strategic missteps or inefficiency, don't seem to get factored in. It seems to be about comparing the Fortune 10 vs. all of government.
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Re:Public and private sector efficiency by roganp on Saturday December 13, 2014 @03:32PM (#8746304)
That is the point, I think. Inefficient private enterprises go belly up, and therefor stop being inefficient. There is no such corrective mechanism for government organizations.
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Re:Public and private sector efficiency by nn3 on Saturday December 13, 2014 @05:26PM (#8746699)
This may be true for startups after the venture capital runs out, but in a lot of medium to large companies few highly profitable ventures subsidize a lot of inefficient ones.

Occasionally someone may decide to start "trimming the fat": that is not different in public or private enterprises.

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