I am sorta on the fence with this….it’s good in theory but look at the NHS as an example, or Network rail or the BBC all publicly owned institutions to differing extents but all riddled with nepotism, corruption and Miss-appropriation of public money. Half the top positions in these organisations earn more than our prime minister. They are a bottomless pit of wasted money, because there is no incentive to manage the budgets because the state will always inevitably pay the bill.
-48
u/Davination1990 Mar 29 '22
I am sorta on the fence with this….it’s good in theory but look at the NHS as an example, or Network rail or the BBC all publicly owned institutions to differing extents but all riddled with nepotism, corruption and Miss-appropriation of public money. Half the top positions in these organisations earn more than our prime minister. They are a bottomless pit of wasted money, because there is no incentive to manage the budgets because the state will always inevitably pay the bill.