6min chapter

The East is a Podcast cover image

Michael Parenti: The 1% Pathology and the Myth of Capitalism (2012)

The East is a Podcast

CHAPTER

Efficiency and Costs of Public vs Private Services

Analyzing the efficiency and costs of public bureaucracies versus private corporations in delivering services like healthcare, retirement programs, and utilities, with a focus on lower administrative costs and reliability of public services like Medicare and Social Security over profit-driven private systems.

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