Here's the best, most cogent response to this I've seen in a long time. It's from an editorial in the Economist in January 2012 responding to a debate about the profitability of Amtrak, the government-run U.S. passenger rail company.
"But framing the discussion around a weird notion of "profitability" isn't particularly helpful. Here's a good rule of thumb: if a government entity's profitability is the main thing you're worried about, it probably shouldn't be a government entity. Nobody worries about the military or the courts being "profitable". It's probably not the right question about Amtrak, either."
Yes, government functions can be run in business-like fashion. Efficiency is good. But to assume that all functions of government should make a profit defeats the whole purpose of getting government involved in the first place. There.
Showing posts with label profitability. Show all posts
Showing posts with label profitability. Show all posts
Sunday, April 29, 2012
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