Wednesday, August 5, 2009
- while private entities care only for their bottom line, government has the public interest at heart
You have to realize that every single individual person, whether acting privately or as part of 'government' acts only in their self-interest. The government bureaucrat has no special concern for public safety, that the private CEO doesn't have. There is only ONE place where such concern lies, and that is in the individual who is driving a car, and doesn't want to die. The question becomes how do you translate that concern into a system that provides what the individuals in society want? Gaurav's contention, and mine, would be that the free market is more responsive to the individual's concern than the government.
