While many good factors you also spread the myth that private organizations are more efficient at investing than state enterprises. This has been thoroughly debunked one of the main reasons for this is the difference in the cost of borrowing. Governments are able to borrow money at significantly better interest rates than private organizations often up to 90% cheaper. When it comes to privatised utilities and other former state-owned bodies the cost of investment has rocketed and the issues with servicing the interest on the debt has been the direct cause of the failure of multiple private entities running formally state-owned enterprises (over 97% of all Thames Water revenue is used to service debt). It should be noted that the State-owned Scottish Water has invested over 400% more than the combined investments of all the private English and Welsh utility providers combined whilst maintaining a much lower cost to the consumer and maintaining a much better service as a direct result of the better interest rates afforded to government borrowing, as opposed to private equity. There is simply not a shred of evidence that the private sector is more efficient.
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