> Even worse are government "businesses". They are not allowed to fail, and the inefficiencies, parasites, corruption, grow and grow. When can you remember a government agency being abolished?
In Commonwealth countries and the UK itself there are plenty of businesses called “crown corporations” which are owned by the government. Change in attitudes towards more liberalism led governments to deregulation and selling off bits and pieces or the entire corporation. Here are some Canadian examples:
America is a relatively young country and has very peculiar philosophies sometimes not found in the rest of the world. Be very careful extrapolating an American perspective abroad or as capturing some elemental truth of the universe.
In Commonwealth countries and the UK itself there are plenty of businesses called “crown corporations” which are owned by the government. Change in attitudes towards more liberalism led governments to deregulation and selling off bits and pieces or the entire corporation. Here are some Canadian examples:
https://www.cbc.ca/news/politics/canada-post-it-innovapost-s...
https://policyoptions.irpp.org/magazines/march-2024/mulroney...
America is a relatively young country and has very peculiar philosophies sometimes not found in the rest of the world. Be very careful extrapolating an American perspective abroad or as capturing some elemental truth of the universe.