everywhere116 wrote:
Let me tell you the story of the garbage company that had a monopoly.
40 years ago there were many companies all trying to do thier best to satisfy thier customers. The ones that did the best got the most customers. The ones that didnt worked harder. Which made the company in first work harder. Every employee did his best, because if he didn't, he was canned, because if they slack off, they lose business. One day the state gave all of the garbage responsibility to one company. Everyone had to have that company. It didnt have to fear competition, so they became lazy. They didnt fire thier employees for slacking off because the customers were bound to that company. So the workers can slack off wothout losing thier jobs. Now, we have terrible service and we are furious.
This is why you cannot have one entity running all business.
That story is very unlikely. Companies do not try to improve efficiency, as this is very difficult to do, they try to cut costs, because this is very easy to do. The garbage companies would start laying off staff, reducing pay and removing other various benifits, just so they could make maximum profit.
If there was only one company, then it would only take a single intelligent person to realise that if the company lays off slackers and dosent have to scrimp for every penny to make a big profit, then everyone benifits.