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    (Original post by internetguru)
    The public sector is unproductive as such no amount of investment will help the economy improve. In order to improve the economy we must cut the unproductive sector and give money back to the people. In doing this more money will be available to buy goods and invest in the productive part our economy.
    Is better public transport unproductive? Is having access to faster broadband services unproductive? Roads maintained in better conditions? What about improving medical services so people can recover from sickness faster? How about improving education so we have a more highly skilled workforce? What about preserving law and order and maintaining contracts so people can conduct their daily business?
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    (Original post by TopHat)
    Is better public transport unproductive? Is having access to faster broadband services unproductive? Roads maintained in better conditions? What about improving medical services so people can recover from sickness faster? How about improving education so we have a more highly skilled workforce? What about preserving law and order and maintaining contracts so people can conduct their daily business?
    Increasing taxes to pay for that will more than likely cause our economy to suffer. These are all areas which I feel would be better improved by privatisation, rather than forcing even higher taxes on the people.
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    (Original post by internetguru)
    Increasing taxes to pay for that will more than likely cause our economy to suffer. These are all areas which I feel would be better improved by privatisation, rather than forcing even higher taxes on the people.
    You'd privatise our healthcare system? Our education system? Law and order?
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    (Original post by TopHat)
    You'd privatise our healthcare system? Our education system? Law and order?
    Privatisation of some areas of healthcare and some under performing universities would surely be a good thing.
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    But you've conceded your point already by saying "some". If the public sector were unproductive by default, you should be saying "all". The fact you'd only privatize "some" means, in fact, parts of the public sector are productive.
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    (Original post by TopHat)
    But you've conceded your point already by saying "some". If the public sector were unproductive by default, you should be saying "all". The fact you'd only privatize "some" means, in fact, parts of the public sector are productive.
    No not at all I just feel that if all areas are privatised it will restrict access.
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    So you think the private sector is perfectly capable of providing public goods? You don't think there are any public goods which improve productivity?
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    (Original post by TopHat)
    So you think the private sector is perfectly capable of providing public goods? You don't think there are any public goods which improve productivity?
    As long as the state subsidises the public sector competition, innovation, and improved efficiency cannot exist thus they become unproductive.
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    That's not answering the question I asked. Can the private sector provide public goods?
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    (Original post by TopHat)
    Can the private sector provide public goods?
    Yes, yes they can.
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    (Original post by TopHat)
    That's not answering the question I asked. Can the private sector provide public goods?
    Yes if the public sector stops providing them.
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    Obviously you want to reduce unemployment (as all other parties), but if net migration is so high surely reducing it will bring about reductions? What are your proposed methods in bringing about a decrease in unemployment?
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    That's factually incorrect, because of the free rider problem. Come on, that's basic economics.

    EDIT: That was at internetguru, rather than senz72.
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    (Original post by TopHat)
    That's factually incorrect, because of the free rider problem. Come on, that's basic economics.

    EDIT: That was at internetguru, rather than senz72.
    So the private sector can't provide public services because of free riders? Seriously is that all you have?
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    Of course the private sector can provide public sectors, private schools, BUPA ect.. all good examples.
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    (Original post by TopHat)
    That's factually incorrect, because of the free rider problem. Come on, that's basic economics.

    EDIT: That was at internetguru, rather than senz72.
    So you limit their ability to not pay.

    On the train for example i did that a few times but had to pay once they put ticket gates up.

    Taxation - you review some of the loopholes to see which ones you can close without making people move abroad.
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    (Original post by Rakas21)
    Of course the private sector can provide public sectors, private schools, BUPA ect.. all good examples.
    I fear you misunderstand the term "public goods".
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    Public goods are non rival and non excludable.
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    (Original post by Rakas21)
    So you limit their ability to not pay.

    On the train for example i did that a few times but had to pay once they put ticket gates up.
    In that case it's no longer a public good - it's not "non-excludable".
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    Why on earth would you have non-rival education or health.

    Competition vastly improves quality when monopolies are prevented.
 
 
 
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