9 Jan 2007

Competition and choice

One reason why private companies aren't,
allowed in certain sectors is the argument that they will cheat the poor. What happens when the self-proclaimed protector of the poor is incompetent and not doing its job? http://www.malaysiakini.com/letters/61809 To make more money private companies have to continually satisfy customers. Government monopolies don't have to. Private investment companies anyone?
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