Яшка писал(а): ↑Пн фев 17, 2025 8:02 pm
We’ve heard the argument that private industry is more efficient than the public sector so many times that we can no longer remember when most of us stopped questioning its veracity. Perhaps it happened around 1986 when Ronald Reagan delivered his famous zinger:
“The most terrifying words in the English language are: “I’m from the government, and I’m here to help.”
Even though we’ve always known far more terrifying words than those, the Reaganesque irony was so powerful that it quickly became dogma, spawning a whole series of supposedly incontrovertible truths.
But who told you private business was inherently more efficient than the public sector? Who told you that waste, fraud, and abuse were less likely in a for-profit enterprise than in government?
Both assumptions are demonstrably wrong.
Efficiency should be defined as the degree to which actions support the stated goals.
If private businesses were always aligned with their stated objectives, the entire industry of private equity investment wouldn’t exist. The reality is, shareholder objectives and corporate management objectives frequently diverge.
Take corporate mismanagement—it’s not an exception but a universal phenomenon in private business. CEOs, despite owning only a fraction of company equity, often hold dictatorial control, allowing them to profit enormously at the expense of shareholders.
Examples of “Private Sector Efficiency” in Action:
1. Mark Zuckerberg owns 13% of Meta but controls over 60% of the votes. This allowed him to waste 10% of the company’s revenue—possibly half of its profits—on the Metaverse, a massively failed experiment. So much for private-sector efficiency.
2. Jeff Immelt, former CEO of General Electric, destroyed an obscene percentage of shareholder value—while enjoying extravagant perks like flying on two corporate jets simultaneously (one just in case the other failed).
3. Donald Trump has bankrupted so many projects and shafted so many investors, he now brags about it publicly.
4. Twitter bought Vine for next to nothing in 2014, ran it into the ground in just four years—only to see TikTok, a near-clone, rise to become five times more valuable than Twitter’s peak valuation.
And these are just a few examples off the top of my head.
Meanwhile, what about the U.S. Government?
Maybe it doesn’t always work efficiently, but it has never produced inefficiencies of this magnitude.
• The CDC dealt with a global pandemic.
• The FAA ensures flight safety.
• The FDA safeguards food and drug safety.
• The FBI investigates actual criminals (not just J6 rioters and the Trump family).
• USAID has fed millions worldwide.
Why? Because of bureaucracy and accountability.
Those cumbersome standards, procedures, and regulations—the ones entrepreneurs love to mock—are exactly why government failures rarely reach the catastrophic levels of private sector collapses.
The Bottom Line
Private businesses aren’t inherently more efficient. In many cases, their perverse incentives ensure the opposite—where no one is truly “watching the shop” until greenmailers show up, and even then, the damage is often already done.
And now, we’re watching a self-proclaimed business “superstar” dismantle the U.S. federal government with maniacal zeal, while his equally delusional “business genius” patron wrecks the global standing of American power.
Это шедевр словесного эквилибризма. Очкастые девочки кивают поправляя очки. 