04-25-2021, 10:26 AM
(04-25-2021, 06:10 AM)pbrower2a Wrote: Low corporate taxes have encouraged monopolies, cartels, and vertical integration. It is my preference that the public-private partnership disappear, as any confusion between the public and private sector encourages corruption.
The idea of public-private partnerships (PPPs in the common parlance) is valid for cases where the expertise lies entirely in the private sector but the needs are all or mostly in the public sphere. Very few PPPs live up to those ideals. Most are just crony capitalism. But on the rare case where the idea makes sense, we shouldn't throw the idea away because it's been abused in the past. We can simply do better.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.