325: What is the role of government (Strategy Skills classics)
The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving
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The Government Shouldn't Compete With the Private Sector
"There's an unlimited number of problems being chased by a limited amount of capital that the government can deploy to fix those problems," he says. "If you see governments entering markets where they are losing money but the private sector is not there and the service has to be provided, you cannot criticize the government for losing money because no one can make money there."
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