Hacker News new | ask | show | jobs
by exdaedalus 3340 days ago
> without oversight

Your examples are "with oversight" via environmental regulations and quality regulations.

2 comments

That's a goalpost on wheels. Anyway, it doesn't change the fact that the GP offered than even under the same regulations, public facilities perform significantly worse than private ones.
When privatization works it is good but it doesn't always work. The current cable industry seems to be just exploiting a monopoly so I think "privatization" has already failed here
So your cable broadband service has been stagnant for a decade? Mine has gotten about 10x faster for roughly the same cost.
I only have 1 possible cable provider and it's pretty expensive and their service is terrible. It's gotten better in they last 10 years but that doesn't mean that it is a competitive market.

EDIT: Maybe it's changed but when I checked last they had low customer satisfaction but really high profits, which is bad for consumers and (I'm not an expert here so take with a grain of salt) would be really unlikely if the market was competitive at all

Is anyone actually advocating an abolishment of laws? No privatization advocate is suggesting no laws at all.