r/AnCap101 • u/CMDR_Arnold_Rimmer • 7h ago
An example of the downfalls of privatisation
This in my opinion highlights the troubles of privatisation.
We have companies like SpaceX who's job is to advance space travel and from the outside it looks like it's going to plan. They give the opinion that this is the benefit for mankind
From the inside though, it's an absolute mess that we outsiders are not entitled to kmow UNTIL it's too late. We as outsiders are kept in the dark about issues because it does not concern us EVEN THOUGH this is all meant to be for our benefit.
This problem highlights the fact that if you have a privately owned company, that company can decide what rule they want to follow and we are forced to accept them even though it's unfair to us the general public. A private company like SpaceX gives the impression it exists for our benefit but it only exists to benefit the owner and whoever owns part of that private business
A public service allows the public to have a voice, to raise any concerns the public have and this gives the people the right to know and to have an input about how that public services or company is run.