A quick DU poll on preferred method of government functions: privatized or socialized?

[bobthedrummer]

Poll question: A quick DU poll on preferred method of government functions: privatized or socialized?

Or neither?

[endarkenment]

1. Clueless option?

Please explain "preferred government functions".

[bobthedrummer]

2. OK-"preferred method of government functions"

[endarkenment]

3. I'm sorry but you have explained nothing.

Which functions of government? All of them? Some of them? I'm sure you know exactly what you mean, but that is such an absurdly broad category that I simply cannot answer the question.

[bobthedrummer]

4. I changed the question because I had left out "method"-have a nice day.

[redqueen]

5. I knew what you were gettin at.

:hi:

[endarkenment]

6. Which functions?

All of them? Some of them? If some of them, which ones?

[bryant69]

7. Depends on the area of the economy

I like socialized roads, but I'm leery of socialized record shops.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[endarkenment]

8. Privatized congress?

Oh wait, we already have that.

[bryant69]

9. Well they get all sorts of government perks don't they? n/t

[bobthedrummer]

10. night kick

[Selatius]

11. With socialized, you remove rent-seeking or profit-taking from the total price of operations.

When you add back in rent-seeking/profit-taking, the cost of operations invariably rises. A for-profit entity exists to make a profit. It can't make a profit unless it charges more than the total cost of delivering a good or service by tacking on a profit mark-up.

In perfect competition, the theoretical price of a good or service drops down to simply the cost of operations due to competition, but that assumes there is an infinite number of competitors in the market. That's never going to happen.

Therefore, if you privatize, say, a public school and turn it into a privately-owned institution, you're screwing yourself out of a lot of money because there will never be an infinite amount of competitors who can directly compete with the company. The same applies to privatizing interstates or public highways and roads.

Of course, I must ask: Which functions of government????????????????