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by bko 39 days ago
Isn't it obvious? Because governments aren't good at management. There's no incentive or feedback loop. A company goes out of business if it's operationally a mess or doesn't deliver value. Not always but it's highly correlated. Governments face no pressure like this. Maybe mild pressure on the very local level. But when you get to the national level, orgs like the Pentagon misplace trillions of dollars with not so much of a protest.

https://en.wikipedia.org/wiki/Government_Accountability_Offi...

1 comments

The irony in your example is the modern Pentagon is largely a collection of private companies.
Everything is eventually private. Each employee is a private individual. That doesn't matter. What matters is how money is collected, and if it's forced out of people by tax, instead of being handed over voluntarily, there's no incentive to be good.
A collection of private companies contracted and administered by government.