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by Arn_Thor
908 days ago
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PPPs are often a mirage. As long as there's a private actor involved, some of the input (money) will be siphoned off as profits. That's the height of inefficiency. Where the alternative is a competent, responsive and accountable government, the government will allocate the resources more effectively, and all "inefficiency" goes into working people's pockets. This is not always practical, for example in situations where only private businesses have highly specialized knowledge, but for basic infrastructure the private sector offers nothing the government couldn't do just as well. |
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