a company is accountable for the dollars you pay to it, and has to provide a commensurate value, or you take your business elsewhere. dollars paid to the government keep coming in no matter how wasteful their practices
That's not how people choose which health insurance policy is offered by their employer, or which private company won the contract to deliver their electricity.
You could say that the owners/shareholders are losing it themselves, because they voluntarily invested in the company, as opposed to the state, which takes your money even if you don't want it to.
I think most VCs would have some thoughts on the idea that a start up they just pumped millions into has lost "the start-ups money" in some stupid experiment and not theirs.
a key difference is that the largest shareholders are proportionally affected by the waste, and have a proportionately large amount of power to do something about it.
Those are some of the most regulated industries in existence. Those companies are "private" in the sense that private individuals reap profits, but their funding is secured by proxy through force (legislation/forceful-taxation).
I think you’ve confused a discussion about how individuals make choices about their purchases for a complaint about the results of my personal choices?
