Paul Buchheit — 6 Reasons Privatization Often Ends in Disaster

Generally comes down to necessary versus discretionary. Necessary goods are either public goods that are best treated through public control and responsibility or public utilities, which if private are highly regulated. Discretionary goods are best left to private enterprise.

In private investment and management, the aim is return on capital and expansion of capital. In public investment and management the aim is return on coordination and greater social (distributed) benefit.

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6 Reasons Privatization Often Ends in Disaster

Paul Buchheit