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To: bentway who wrote (160259)10/26/2008 3:41:37 PM
From: ahhahaRead Replies (1) | Respond to of 306849
 
But, they don't have to.

Governments programs have to have more flaws because those in charge aren't directly responsible. Under government, no one is responsible since no one there has their own wealth at risk.

A government program can be required to insure all, to totally spread the risk.

Does it spread the risk of mismanagement, say, like the mismanagement of Franklin Raines at FNM?

It doesn't have to show ever increasing profits.

Does it ever have to show what it does is constructive? That can only be achieved when such entities are subjected to competition. Competition forces one to be good or else one is eliminated. Don't you want the bad to be eliminated?

It's doesn't have to carry employees tasked with denying claims.

Yes, it does, because there's no accountability there. Why be accountability if there's no consequence to your decisions?

I believe government CAN work.

Can you cite one example where government works at supplying private sector goods and services.



To: bentway who wrote (160259)10/26/2008 5:41:51 PM
From: GraceZRead Replies (3) | Respond to of 306849
 
But, they don't have to. A government program can be required to insure all, to totally spread the risk. It doesn't have to show ever increasing profits. It's doesn't have to carry employees tasked with denying claims.

I believe government CAN work.


You forgot the worst aspect, it can compel people to buy insurance against their will in their attempts to provide these lofty goals you think are so damned important. What provision is there for those of us who don't share your vision of what is or isn't important? It is akin to wanting a world wide government, if it happened, where would you go to escape when it turned despotic?

Plus, I have to tell you I feel sorry for anyone who still believes government can do a better job than the private sector at providing anything beyond its basic goals of providing a common defense, law and order as well as a criminal justice system. Oh and maybe National Parks but even on that they are terrible inefficient.

You set yourself up for terrible disappointment thinking we will ever get anything close to the perfect government needed to run things the way you'd want them to be run.

Hayek detailed the two biggest problems, one was the problem of information in a centralized system and the other being, how great centralized power in government always attracts all the wrong people. No amount of intellect or wishful thinking has yet found a way around those two obstacles.

When people tell me government can address needs better than the private sector I ask people to imagine going to their state department of motor vehicles to shop for food.