Why Does Public Sector Work So Badly (Five Reasons)

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[@ashleyfunnell9132]

Agree with all these points. Although I would add that very large private companies have many of these issues too. Large corporations have become so politically strategic that they are exposed to government interference which slowly undermines their performance over time.

[@phildiop8248]

Yeah, private corporations that become very large eventually act like state enterprises. But making it public in the first place is like accelerating that.

[@ramk6325]

Public companies’ biggest problem is Standing Out. In private sector, going above and beyond means promotions, bonuses and fast tracking your career to more administrative roles. In public institutions, promotions are based on years worked rather than ingenuity and effort. So standing out over your more “experienced” workers can mean getting isolated and thrown out as bait for any mistake. Talking from personal experience

[@badluck5647]

Unionized companies have similar issues

[@userMB1]

Very good point.

[@pupysb6267]

If it were only years worked... especially in Latin America, public corporations are stuffed every election cycle with employees from the winning party in order to assure control over the companies, making sure they are constantly bloated with employees who dont have the talents to work in these piblic businesses

[@Karmodin]

Cant confim the unionized point. Even in a totaly unionized company in the privat sector, overperforming get rewarded like normal. Unionizing has nothing to do with every worker gets the same money, more like every worker has its rights fullfilled.

[@JamielDeAbrew]

In a democracy, the shareholders are the voting citizens. It is their responsibility to make sure public companies have the correct board and management.

[@LuisRomeroLopez]

2.42 «In Latin American countries, talking about privatization is like talking about the devil»... That's a severely understated.

[@hellenmoreira9991]

It's more like talking about summoning the devil

[@LuisRomeroLopez]

@@hellenmoreira9991 You're right. But still falls short of reflecting the feelings of fear and contempt that privatization generates.

[@orboakin8074]

In Nigeria, we had so many oublic sector companies handling things like telephone commuincations and a few others. After we returned to democratic rule in 1999, one of the first acts our government did was to promote privatisation and economic liberalization. NITEL (the public firm that handled telecommunication) was ended and the sector opened up. Phone and internet prices dropped and mobile phone usage invreased and improved. We have even recently began privatising out energy sector with mixed but gradually positive results. This is what works. Public companies easily become useless, inefficient and corrupt.

[@1wun1]

Those prices and mobile usage were similarly happening elsewhere, minus that political climate. Both sectors have their pros and cons.

[@james192599]

Public vs private is not the problem its the management of those companies.

[@badluck5647]

Just talk to a government employee, and you will quickly understand why government businesses are terrible.

[@JamesDBlanc]

The "not my problem, that's X or Y's department" mentality is the polar opposite for success in the private sector.

[@MrZoomah]

Government workers. Doing the jobs no one else will do for pay no one else would accept. Child protection worker Of course I'll get spat on, threatened with knives and cut down kids from making attempts. Yes, I accept that I can be criminally prosecuted if a teenager is attacking me and they get hurt when I protect myself or if they decide to falsely accuse me of child abuse. Yes, I'll go on the same training as hostage negotiators in order to keep my colleagues safe. Oh... We're not funded well enough for kids to get Christmas presents? No problem. Staff will pool their money and pay for it. Pay? Hmm.. I'll accept half of what I can get changing tyres on the mines. Oh... We've started to privatize your role... But it costs tax payers $1.3 million a year to care for a single kid while you care for 4 at the cost of $650k a year each. If they can't deal with the kid they can kick them out and you'll get them.

[@badluck5647]

@@MrZoomah 🙄 You all are heroes at the DMV.

[@MrZoomah]

@@badluck5647 Most people don't know what government workers do. They just see the DMV... As you said. Why don't you look up the price on a gasket for an Apache since they fired all the government workers at the department of defense responsible for checking contracts... Used to be $150. Now it's over $10,000. In Australia we are spending tens of billions on consultants. The consultants got caught selling confidential information to other companies recently. Government workers go to jail for that. Private worker isn't even being investigated ... "Internal investigation."

[@JamielDeAbrew]

In Australia, governments outsourced more and more to the big 4 global accounting firms. Recently there has been controversies about possible corrupt actions by these firms. As a response, the government is moving more back in-house.

[@jonahpeacock2561]

I worked for the Tennessee Valley Authority a large public power company in the U.S. All the workers got bonuses based on how well we achieved our mission of cheap, clean, and reliable power. TVA is in the top quarter of power providers in the U.S. for price, Co2 reduction, and reliability. Public corporations can be great, but they have to impose the desire for greatness because the free market is not helping out in the motivation department.

[@harukrentz435]

Meanwhile us private banks and corporations need bail out every time out the expense of taxpayers money.

[@inbb510]

If banks fail, everything fails. Not the same thing.

[@michaelgruber5938]

Public sector works great in enviroments where the rule of law rules supreme. Norway was mentioned. The main problem is corruption. Conquer corruption and nearly all problems dissappear. This is why I'm so tired of the "Everything should be owned by shareholders, nothing by the public, or else you suffer like Venezuela" -Position of a surprisingly number of "think tanks"

[@JanjayTrollface]

The unfortunate thing is that most countries have a decent proportion of their electorate that are stupid enough to be won over by the 'solid logic' of reports like this.

[@ashleyfunnell9132]

Everything ultimately boils down to incentives. Get that right and business will prosper.

[@boulderbash19700209]

Another problem is most of those bad state owned enterprises are monopoly. That gives the managers a wide opportunity to do as they please (as long as they kowtow to their political patrons, of course).

[@lunatixsoyuz9595]

This isn't an argument against state owned entwrprises, it's an argument against incompetance and corruption. After all, if the companies were private, they would've bellied up so Venesuela woudn't have a shitty oil sectar, but none at all.

[@guydreamr]

The point of the video, however, was that incompetence and corruption are a salient feature of public companies, and that the best way to counteract that is to run them as private ones.

[@lauravergot9995]

Privatising vital resources might make enterprises more profitable but not necessarily enrich the population and state

[@Hongkongnyc]

You can’t enrich anyone with an enterprise that is inefficient. The resources used for the poorly managed enterprise would have been better allocated elsewhere, thus the overall economy is negatively effected. If you could measure the aggregate loss from all of the inefficiencies from government mismanagement of companies that would otherwise have been more efficient, you would see a huge disservice to the average wealth of the population, most especially in the middle class.

[@danielebowman]

I really want to see how and why a nation like Norway get's it right. They seem to get state assets run by private sector and gets it working well. Public-Private Partnerships in the UK haven't been so successful and the Uk selling off the oil in the north sea is inferior to Norway's sovereign wealth fund outcomes for the nation.

[@saileshrachapudi8486]

@@danielebowmanthey lack diversity

[@RubyDoobieScoo]

It's literally stealing resources from the people.

[@shauncameron8390]

@@RubyDoobieScoo As if the resources ever belonged to the people or the people know how to put them to efficient use.

[@Darkdragon5544]

Hey guys, from Montreal here. That all brings in thoughts with states enterprises in Quebec where we have been highly successful, but lately there is a change ongoing at Hydro Québec from being managed as a "successful state owned business" to an "economical development tool". It's been a huge thing and the CEO was replaced last February. Basically the government wants it to provide "subsidies in electricity" to businesses rather than just being a profitable hydro electricity company...

[@NoobGamer-sc9lt]

yes just like it said in the video using SOE as political tool to solve unemployment and lack or growth to get more votes but they reality is they're just incompetent and delusional the only thing they're good at calling for independence

[@Epidian]

Doesn't work with UK railways. Private train companies are failing and having to be taken over by the government.

[@inbb510]

With the railways, a bigger factor is that our railways are old . There many grade I and II protected viaducts which makes maintenance costs much more expensive as normally, if a bridge is cracking and faulty, we just bulldoze it down and replace it. It is an absolutely an engineering nightmare to preserve old tunnels and viaducts for the sake of "preserving the Victorian vibes". Also, the UK is unique in the fact that our the trains are overcrowded and over capacity due to this Victorian infrastructure (many sharp turns and bends which weren't designed for 90 mile hour trains and fast/slow trains using the same line). Therefore nationalisation won't make any difference to the State of the UK railways. It won't change the fact that our railway system is old and over-capacity. HS2 did try to address this problem but many people were against it and eventually the government scrapped parts of it as they saw that as a short-term political strategy.

[@RahatAlamgirPorosh7148]

public workers don't have any incentive to perform better. If they don't make any profit the government will subsidize them. And they can make more money by taking money through corruption. There are also no consequences for making repeated losses.

[@shauncameron8390]

With money stolen from the private sector through higher taxes.

[@peterfmodel]

Good video. The biggest issue with the public sector is political interference and the biggest issue, conflict of interests. When a private company abuses its position, the government can be engaged to resolve this. When the company and government is the same, this can never occur.

[@MrZoomah]

Aha... You realize there are international laws written to prevent private companies being held to account. In Australia pwc just got caught using confidential information for their own benefit. They have had 'internal' investigations but not much more. Our government is too scared to do a real investigation. They fired one or two people but those individuals will get a two year ban from accounting and then get their accreditation back. The rest of the company will probably get a fine and apologise. In contrast, a public servant in child protection was caught awarding contracts to a specific company. They will get jail time.

[@RubyDoobieScoo]

Botswana's approach to diamond mining is the best approach, a country's resources should belong to the people, if a company wants to extract them it should be through a subsidiary that's part owned by the government, this can prevent environmental destruction while providing non-tax income for the government, easing the burden on the populace while providing funds for infrastructure and innovation. You also completely glossed over the fact that the oil Venezuela has is the most expensive to extract and most expensive to refine, even with their cheap labour they can't compete with Saudi oil prices and are often forced to sell at a loss to keep the lights on, their issue is that their economy isn't even slightly diversified, a fault of the government sure but there's plenty of other factors in play as to why their oil sector sucks and ignoring them discredits legitimate arguments.

[@smallscaleminingsupplies9670]

In Tanzania they have created state companies, buying cash crops from farmers for processing, they get a lot of cash from government budget but u never see the results, these parastatal companies are very very incompetent

[@mmilller452]

You should do a video on how state Capture at state owned enterprises has lead to the collapse of South Africa

[@Karim94222]

Parasital companies, reminds me of the DB in Germany

[@allanflippin2453]

To describe it all more simply, what is lacking in the examples you've discussed is the concept that the government and government-run enterprises should exist primarily for the public good. This principle needs to become part of the national culture. Citizens need to learn to think in terms of the overall national good instead of just grabbing whatever goodie they think they can get. Norway and Europe as a whole "gets it". Many other areas of the world don't.

[@badluck5647]

Norway has private companies extract the government's oil reserves for profitable contracts because the government can't run a successful business on its own.

[@baha3alshamari152]

Europe survives by only stealing other countries resources and money Once other places wake up and stand against them Europe would collapse within weeks

[@viktorianas]

One word: Corruption. State owned enterprises can run rather successfully in Scandinavian countries, yet it is nearly utopia in Latin countries.

[@stvdmc2011]

Did uncle sam put any sanction on those countries?

[@shauncameron8390]

@@stvdmc2011 Did those countries antagonize Uncle Sam enough to warrant any sanction?

[@zachjones6944]

Rosatom in Russia is the largest nuclear power contractor in the world. UK and Ireland are truly both nations of shopkeepers.

[@Konzon]

Great video!

[@userMB1]

All the points listed in this video leads to corruption and nepotism, which in turn leads to the points listed in this video. It's a vicious cycle

[@monseigneurmochi959]

Many instances of selloffs of State-owned enterprises and privatization of sectors in developed economies shows that there is no actual benefit guaranteed to privatization. Take the Health Care or Energy Suppliers, In private sector have most likely a monopoly on their service in many locations, and more then often prices are higher and services reduced. Another issue is that these sectors rely on large investors which makes them in some way dependent on the government's continuous subsidies and rarely repay any of it in tax or by giving increased purchase power to the citizens. That makes me wonder if they should be really considered private companies? or more like publicly funded companies. The case of latin america public companies has more to do with goverment accountability and transparency, really.

[@KBSINN]

SAME SCENARIO WITH AIR INDIA IN INDIA , STAFF WAS SO ARROGANT TO BOTHER ABOUT ANYTHING.

[@subodhgautam649]

Govt means paper work...paper and writing on paper...paper work is govt

[@everypitchcounts4875]

Can we get a video about how terrible the VA is ran in the US

[@Pedalos]

You explain something multifaceted by only looking at one side. There are so many exceptions around the world that are just left out.

[@alexandrep9394]

What about Petrobras? It's a well operated company with brazilian state with a huge share of the company. You say it was corrupted in the past but you don't mention this is a cash machine which is really profitable.

[@alexandreschelbauer4594]

It COULD be profitable, but nowadays it barely makes ends meet and the government policy is shifting again towards operation at a loss

[@karlrmaier]

Corruption and thievery should have been the focus, as this is why private enterprises are 300 times more profitable.

[@shauncameron8390]

Because with private enterprises, there is some level of accountability.

[@skvalparn]

You should talk about public sector inefficiancy instead. Much more interesting than corutuption in developing countries

[@TFCBarreto]

You should do a video about the mess that is TAP (portuguese Airlines). A good example of bad public management.

[@kaylidington]

100 years of evidence and still no real recognition.

[@kerwindixon6439]

Venezuelans problems are because US sanctions preventing the export of the oil. The middle east and Norways russian oil giants are mainly government companies. The best performing countries in Africa who economy is resource dependent is public private partnership example Botswana. Public private partnership is the better practice. In fact you will not be able to find a third world country that will follow this privatization model. If privatization is considered its publicly owned privately managed. The privatization model does not work it only benifits western business. Look at countries such a Guyana, Uganda who recently started exploiting oil look at the development models they use. That model is outdated does not work. The west can't see past it nose, still try to impose that model on third world countries. Venezuela is the case study that is used in third world universities to show why we should reject this model, highlighting the lengths west is willing to go to impose this model. In the words of Donald trump "We would have gotten all that oil". Good luck with selling that model we are no longer buying

[@nerdlingeeksly5192]

I belive this is a flawed outlook on public buisnesses, private companies have the same problems. Government companies can be successful so long as there is good leadership and good saleries. The US government has it's fingers in a few industries like forestry and oil production that aren't hindered.

[@domenicomanglaviti8227]

Wanna know the problems of Italy in a nutshell? Perfectly described in this video but instead of oil and energy company they are doing it with our social security, national health system, state flight company and so on. Wanna know what's the problem according to the majority of italians? "Capitalism"

[@kurteibensteiner2736]

Hello, dear southern neighbor! I am writing to you from Vienna. From my point of view, it is very different. We also have state health insurance here with state hospitals, rail transport is largely nationalized (there are also smaller private railways), the energy sector is partly private, partly socially owned and every city has a company that builds and rents apartments. There is a state holding company that holds large shares in the most important industrial companies. All of this doesn't work perfectly, but in an international comparison it is absolutely satisfactory. And now look at the UK, where practically everything has been privatised. The trains are shit, unpunctual and insanely expensive. The private water companies pump sewage into rivers and beaches (absolutely unthinkable here!). Energy prices are giganticly higher than here (although the UK has oil and gas reserves - unlike us), rents are absolutely prohibitive. And then there's the NHS. And it sucks. But it doesn't suck because it can't be organized by the state, but because the conservatives have been working against it since the beginning (immediately after WWII). So, my dear Italian friend, enjoy your Aperol spritz and the Italian sunset. You just love - for reasons I don't know - chaos. But if you compare yourself to the Brits, you still do damn well.

[@slovackoinfo]

@@kurteibensteiner2736 The question is why does the government budget end up in the red when everything is working so well?

[@kurteibensteiner2736]

@@slovackoinfo No, the question is why is everything so much worse in the UK where they privatised in big scales in the last decades. The quality of their services is shit and they also run deficits.

[@slovackoinfo]

@@kurteibensteiner2736 Because it's less shit than state run. Private railways doubled the number of passengers, also the miles traveled, freight traffic also increased before it was state owned. The real price of the ticket is lower than 25 years ago.

[@kurteibensteiner2736]

@@slovackoinfo All infrastructure, such as tracks, signals, tunnels and bridges, most of the stations are still owned by the not-for-profit Network Rail. This became necessary because the private companies neglected maintenance in a life-threatening manner. Just like the private water companies are doing now. It doesn't get any cheaper if, in addition to maintaining the business, you also have to serve greedy shareholders. This is a fairy tale that has been disproved a hundred times.

[@MrZoomah]

Yeahh.... No. In Australia weve steadily privatised everything. When we privatised telecommunications it was more profitable to not maintain the network. Our government spent $8billion just buying back copper so they could repair it... They plan on selling it bsck to private enterprise. Our energy network is private in sone states and public in others. Cheaper bills in the public area and its stable. Since we've pudhed 1/3 of kids in private schools we've had massive segregation. Our education is now a year behind the 90s where it was 90% public. This has other issues but private schools are a major one.

[@RubyDoobieScoo]

Meanwhile across the ditch in NZ they've pretty much forgotten about ADSL and VDSL because everyone gets a free upgrade to fibre through a combined initiative between the government and private companies. The moral of the story is that entirely private and entirely public are both bad options and a hybrid system protects infrastructure and users while encouraging competition and innovation.

[@egg174]

This is a slick topic

[@prolarka]

Afaik, Venezuela is sanctioned.

[@carkawalakhatulistiwa]

And you use road and army by government

[@ismailnyeyusof3520]

Evidently, the difficulties found in state run enterorises boils down to just political interference. Politics always opposes change for the sake of performance improvement because of the element of risk and uncertainty. The best example of a succesful company that fully embraces change is Tesla where the very wisp of unionisation which will bring in politics is abhorred. Politics is the art of satisfying everyone in the immediate term while capitalistic business is the science of satisfying the customers for the long term.

[@eduardocamposxi3008]

you guys should do a video about the economics of singapore. those guys actually made good progress with a lot of state owned enterprises, that is a formula worth exploring.

[@saileshrachapudi8486]

What is the size of Singapore ?

[@eduardocamposxi3008]

@@saileshrachapudi8486 not big enough for their economy

[@cristianion2056]

They act like private companies

[@calvintsui4033]

I am surprised there was no mention of China which has no intention of losing their control of state owned companies in strategic sectors

[@eddyabuabu9852]

In other words privatize everything 😅😅😅

[@ebubechiibegbula5968]

Why not a public private partnership .... Honestly this is a real problem for the world.......

[@squa_81]

France: Sncf Edf

[@navajyotichetia8968]

Funnily Iran (EEee-run) (Eee-🏃💨) is being reinvented as I - ran

[@laneromel5667]

Goods and services that everybody needs is very expensive when run by private sector, they can charge what ever they want. Electricity in my country which is government owned is less than 1/10 the cost in the US which is private. Same for healthcare, education. Goods and services which are discretionary are far better served by the private sector where too high prices can result in dwindling sales, competition benefits the consumer.

[@menumlor9365]

Geez who knew that the govt running a company would be so bad.

[@shakiMiki]

*Laughs in Norwegian.*

[@331coolguy]

L

[@Spido68_the_spectator]

Depends on strengh and stability of political entities. Public companies can be profitable too (SNCF made a surprising 800M€ in 2022)

[@jamm8284]

The majority of managers in private companies dont have a personal direct stake in the business and if having a stake in the company is so important the what the f*ck is Elon Musk doing 😂😂

[@louisphillipson2585]

what about saudi aramco that is state owned

[@JanjayTrollface]

I think one of the problems for SOEs is the populous using sloppily written reports like this one as their source of information on the subject.

[@jamm8284]

The reason south american public oil companies dont work is because when they went public they kicked out the US and other countries companies out to do so, then the provate sector, in spite, refused to do business with them so the market collapsed with no one to purchase the product. I thought you might have made a video about public water companies or something actually important, not why one of the most sanctioned continents in the world is struggling to sell its resources 🤷‍♂️🤣

[@shauncameron8390]

But it wasn't the sanctions' fault that Venezuela mismanaged the oil industry to ruin. Chavez went of his own way to fire all the skilled personnel and replaced them with political supporters who weren't up to the task.

[@exocet8834]

I dont get why this guy calls himself a Socialist and keeps doing anti-Socialist videos while also promoting Capitalism.

[@JamesSmith-uw4nx]

Tell that to china

[@r0binramu]

Misleading title..... Should have been "Why state owned Latin American oil companies are failing"

[@rigelkent8401]

Jobs for the boys

[@J20666]

Why the Chinese state-owned enterprises are so profitable, e.g. Sinopec, PetrolChina, CNOOC?

[@Arimaquinador]

Privatization took away capital and knowhow from my country and crippled the national economy. Public companies are a necessity for small open economies.

[@CarlosMolina-wi6ts]

Public companies ruin my country everywhere, it destroyed employees, destroyed people, made the poor poorer and the rich poor, they achieved "equality" right through misery, and the only ones whom are rich are the ones whom are friends of the government, the fact of having state owned enterprises is a big mistake , and my country Venezuela is proof of it

[@Medicine91]

See Singapore, Liechtenstein, Luxembourg, San Marino, Isle of Man, Monaco.

[@pranganao7395]

You guys are British, right? What do you say about private companies running strategic infrastructure like your rail and airports for the past 30 years or so? Can they be treated as any business?

[@hellenmoreira9991]

They're aussies

[@Gunner1983-l8f]

Taking PDVSA which is the worst state own entreprise in the world as an exemple to demonstrate that "public sector works badly" is as intellecutaly bad as saying private companies wokd bad using Enron as an exemple to stay in the energy analogy. The idea of pinrcipal is nice on paper but a lot of private companies were bailed out by their gouvernments in 2008, so when things were really bad I guess public money was nice enough to save thousand of jobs and big companies. In my country jobs in state own companies are as hard to get as in any private companie and not given to people as a reward or any shenanigans. An state own companies are relatively well managed and their managers are accountable for any loss, the main issue is that the state takes most of the dividends to pay for other expenses rather than investing in said enterprises. But I guess that because most of the writers of VisualPoitik/Ekonomik are from latin america they are inclined to think that all governments are as incompetent as theirs

[@sambowwow21]

Saudi Aramco be like: pfft... we're a different breed

[@masimbamalcomsimbi7806]

IMAGINE IF ACROSS THE WORLD MOST SOEs WERE RUN LIKE PRIVATE COMPANIES. THIS WOULD SIGNIFICANTLY REDUCE GOVERNMENT DEBT; REALIGNNNATIONAL BUDGETS WITH DEVELOPMENT GOALS AND CONSEQUENTLY GROW THE POPULATION AND THE COUNTRY OUT OF POVERTY.

[@stevefan8283]

You also seem to forget that the collective west sanctioned Venezuela hard, and even harder during COVID-19

[@shauncameron8390]

But Venezuela's own mismanagement did the most damage.

[@stevefan8283]

@@shauncameron8390 mismanagement you mean they can't even get COVID-19 medicine from the US pharmacies and can't have proper treatments so they have to improvise?

[@shauncameron8390]

@@stevefan8283 Because Maduro banned all imports and any attempts were seized by Venezuelan customs.

[@jamessullivan6031]

Eqinor😂

[@jigpig4140]

Look at India so many PSU work very well than private enterprise.

[@leisurejain7835]

Stop kidding Bro PSU’s in India are soo bad I always wonder How they get away from audit Should jail those corrupt CAs

[@ArawnOfAnnwn]

Lol no they don't. A few of our PSUs run okay, many others are subpar at best and actively bad at worst. Some of them were even completely divested from because of how bad things got. For instance, our flagship airline finished its privatization just last year because of how bad things got for it. Many of our PSU banks are still giving the govt. a headache because of poor finances. Etc.

[@ai6476]

Are you drunk or what?can you even name a single sector in which psu have better financial (profit margin, efficiency and growth) better than their private counterparts. Growing losses and inefficiency are the reason why Gov. of India privitising these psu. Air india is just recently got privitised and many more would be done in future.

[@jamm8284]

3:40-3:50 that statement is entirely false. The comparison of south American public oil companies, is not directly comparable to the vast majority of other public owned oil companies in other countries, let alone comparable to other non resource public companies, such as the Swiss federal railway. Find me a video entirely on the failure of that state owned company and how it compares to the sanctioned oil companies of south America 🤷‍♂️

[@countinghalo7267]

This guy looks like someone u don't want to owe money to lol 😆 😅

[@countinghalo7267]

Like a Russian henchman

[@pontusvongeijer1240]

potato

[@shakiMiki]

Wait until you hear about Norway.

[@iraqlobster7678]

He's mentioned Norway in this video

[@ArawnOfAnnwn]

They literally mention Norway half a dozen times in the video. So..err, wait till you watch the video before commenting? 😒

[@shakiMiki]

@@iraqlobster7678 Its self defeating to.

[@shakiMiki]

@@ArawnOfAnnwn Gee...in that case what does do to the thesis?

[@marcchuck-you-farleytrembl2145]

Big problem with Latin American SOEs is well they are Latin American!

[@MassiveCarbonFootprint]

concepts need to be applied to schools, jail's and hospitals.

[@MrZoomah]

I hope that's tongue in cheek. In the 90s the majority of kids went to public school. We are now 33% in private and they get a lot of government funding. Our ranking is continually falling. It's a multi leveled problem but the segregation caused by schools protecting reputation over kids is damaging. In Australia we have been privatizing jails. It is definitely not working given how high self harm is in the private prisons and the recidivism rate. America is the same. No rehabilitation. Private hospitals. In Australia we have private, public and joint ventures. If you have a major issue it costs you nothing and even if you have private health odds are you'll end up in the public hospital as they have the specialists.

[@MassiveCarbonFootprint]

@MrZoomah I don't know about Australia. In Canada, we have c*** hospitals (still better than Cuba's "free" healthcare), useless jails (expensive specialty training for criminals), and abysmal schools ( failing state propaganda centers). What I know for sure is what the state touches it destroys. No tongue!

[@shauncameron8390]

@@MassiveCarbonFootprint In Quebec (that French-speaking province in Canada), we have government-subsidized private schooling.

[@danburry]

Ersitg

[@jakel8627]

This video topic isn't interesting enough for a 16-minute video. Should be 2 minutes max. This is the ADHD generation. I get anxiety if I watch anything longer

[@lahirukarunathilake9144]

Speak for yourself

[@Cheattoe]

Private government enterprises work! My Victoria 3 gdp graph 📈📉📈📉📈📉📈📉📈📈 Oh and my standard of living at 9.1

[@marcchuck-you-farleytrembl2145]

Big problem with Latin American SOEs is well they are Latin American!

[@shauncameron8390]

And run by either populists or socialists.