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by nybble41
2149 days ago
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I think you misread. The "public service" here is a reference to the government, not to public companies (which are still privately-run businesses despite being listed on public stock exchanges). Large private enterprises, publicly-traded or otherwise, that fall prey to inefficiency get disrupted. Governments do not get disrupted short of foreign invasion or revolution, so the inefficiency remains entrenched. |
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> Governments do not get disrupted short of foreign invasion or revolution
And also elections. This is especially true in countries that don't have a two-party system.