[creato]

> The reason it doesn't exist in the private sector

The same problem absolutely does exist in the private sector. Many of the same big government contractors are running almost the same scam on big companies.

I think this problem is more a function of the size of the organization than public vs. private.

[crazygringo]

I was referring to the problem of corruption and kickbacks.

I'm certainly not saying companies can't overpay for things, but there is an inherent pressure from competition to incentivize companies to try to pay less, whereas taxpayer-funded government often doesn't experience similarly direct pressure.

[anticensor]

Corrupt businessmen are a thing.

[crazygringo]

When I said it didn't exist, I meant it doesn't exist as a problem at the same scale.

Yes there are obviously employees who embezzle or contractors who defraud, but companies are generally able to police this themselves relatively effectively. It's nothing like government left to its own devices.