The Truth about "Government Waste," Privatizing Public Goods, & Turning Citizens into Customers
The Money with Katie Show
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Public Interests vs. Private Gains
This chapter investigates the complex dynamics between public goods and private interests, especially how contracts can create incentives that harm public welfare. It critiques the ongoing trend of privatization and highlights the philosophical implications of prioritizing profits over public service, using examples from healthcare and education. Ultimately, the discussion questions the equity of public funding for private advancements and the role of citizens within a consumer-driven society.
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