• ironhydroxide@partizle.com
      link
      fedilink
      arrow-up
      11
      ·
      1 year ago

      So efficiency is what you care about?

      The only thing capitalism actually tries to do efficiently is make more profits.

    • medgremlin@lemmy.sdf.org
      link
      fedilink
      arrow-up
      6
      ·
      1 year ago

      The regulatory parts of the government that don’t get gutted by the conservatives every couple years do better than the corporations. If the FDA and EPA were allowed to have their teeth back, things would be in a much better place overall. The trick is to strip out corporate interest and influence from government.

    • teuast@lemmy.ca
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      Compared to capitalist corporations, unironically yes. It also has the distinct advantage of not being explicitly profit driven by design.

      The government might not be able to build Estonia-level broadband infrastructure to the whole country overnight, but put it in the hands of capitalists and you get Comcast, and I think I speak for all of us when I say fuck Comcast. Put it in the hands of government, even a local city government, and you get Chattanooga municipal gigabit on a publicly owned fiber network that’s faster and cheaper than pretty much anything you can get anywhere else in the country. Imagine what the USPS could be if we’d given it an ISP division in 2006 instead of doing the IRL Postal Act of 2006.

      • Nastybutler@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        Notice that your example is local government and not federal. Once the Feds get involved, regulatory capture takes over.

        • teuast@lemmy.ca
          link
          fedilink
          arrow-up
          3
          ·
          edit-2
          1 year ago

          Fair with regards to Chattanooga, and regulatory capture is certainly a problem to account for. But I also mentioned the United States Postal Service, whose existence demonstrates that it doesn’t have to be that way.

          E: Also, I shouldn’t neglect to mention that the entities that would carry out regulatory capture on the US government also tried and continue to try it with Chattanooga, and have been unsuccessful, which also demonstrates that it doesn’t have to be that way.