@ After it was privatised, British Railways added more drivers, more trains, and split to more than 100 companies. There were dozens of smaller engineering and maintenance companies created. How is the new government owned train system in California doing?
@ You miss the fact that most metro transport systems are losing money, if not for the government subsidies they would not exist. www.citylab.com/transportation/2015/06/how-much-money-us-transit-systems-lose-per-trip-in-1-chart/395189/
Jan Sitkowski Utter nonsense, there is no need for government to be involved in creating or managing money aside, at most, simple contract enforcement. And even if you accept a legitimate role in government protecting you from aggressors, that is not a blank check justification for it to steal as much as it wants from whoever it wants. To do so would make it an aggressor, and hypocritical in its claims of protecting the citizens. That and gold, the historic money of choice, has value outside of being money. But the basis of money’s purchasing power ultimates rests on being able to exchange it for goods and services: the government is irrelevant there, and we’ve seen official state currencies hyperinflate into uselessness. The government does not rightly own me, my money, or all the land in the country: as the aggressor it should leave if it is not wanted. To expect peaceful citizens to leave the country because they dislike a law is like saying that if you live in a town controlled by a brutal mafia, you automatically consent to and have no right to object to their depredations.
Something to consider when making comparisons like these of the Private over the Public Sector is the 'false reality' in which these comparisons will ultimately be made. Basically the 'modus operandi' for successfully transferring Public Sector Services (non profit) to the Private Sector (ONLY profit) is seen everywhere - make the said 'Services' overly bureaucratic with the creation of more senior management, more executive roles. Then to cut costs these high salaried individuals, one after another, for the benefit of the taxpayer are made redundant or retire with golden handshakes and pension busting payoffs. Irrespective of their performance they all take large sums from the public purse. So the 'Services' performance under Public Sector control is deliberately made to under perform whilst simultaneously rising in operating costs and this 'ethos' is maintained thru tried and tested 'mismanagement' methods. Eventually those paying for the Services (You) and those using said Services agree the Service is broken and not fit for purpose. Costs have spiralled out of control while service level kpi's have dropped across the board. Up steps the Private Sector to save the day. Profit making is now the focus, not the Service. This is exactly how our NHS (National Health Service) is 'deliberately' being broken right now. Annually renewable Private Individual Health and Insurances policies for every man, woman and child who can afford it, amounts to a shit load of greed and ultimately power.
I say they are. Some read Machiavelli's prince, some heard Oswald Mosley's speeches, some others spent their time playing chess while making UA-cam Rewind 2018.
When I first started work at age 20, I noticed the attitude of public servants first-hand and couldn't help but conclude that if these guys had competition, they would be history. Also if I had to tell my phone company what calls I have made during the financial year and from where and to where and to whom and for how many minutes and on what device and I had to figure out how much money I owed them and then go to an accountant to get it all checked and verified and face a fine if I miscalculate and then pay both the phone company and the accountant, I would switch to another phone company in an instant. Pity I can't do the same with the my taxes which are even harder to figure out.
Lachlan Groenveld well soon u may only have 1 phone company. The biggest criticism I have for everyone including the speaker. Private business is monopolizing. One private company to run one type of service is happening and the politicians, have allowed the laws that protect monopolies change. Cause politicians r paid of by big business. So soon u will be treated like shit. Go call ur phone company for customer service, is it great? Nope. And they still have a little bit of competition. Imagine when there is none. Privatizing everything is not the answer. We need to stop the thinking that we can’t be informed without it taking too much of our effort. And get informed to actually vote people in office that aren’t funded by big business. That doesn’t need to make laws to help big business but can help average Americans. Not give rich people big tax breaks anymore.
@@Josh420-13 - Big business has zero votes. No big business ever elected a politician. The biggest tax breaks go to the poor, the poorer half of the country pays no income tax, I can't imagine a bigger misplaced tax break than that. I wanted phone service from Verizon, I hate Verizon, very bad experiences with them. So I bought from PagePlus, Verizon provides the service, PagePlus isolates me from Verizon. Won't solve most people's needs, but for me, I had a choice and it has worked very well. Government though is by definition a monopoly, as detailed in great depth in this video. Nobody has an alternative.
Bryan Jensen wow. U r naive. Big business, wealthy people have a lot of control over politicians. Politicians don’t dare go against their big donors for fear no more donations or donations to an opponent. This is how the game works in a lot of cases. Whoever is funded the most usually wins. Especially if the other guy only has a little. Politicians r also guaranteed high paying jobs by lobbyists to vote their way on a bill. This is the problem with government. U even say the government is bad. Yet u won’t except the main reason y. We elect the wrong people that have been funded by big business and they influence the politician to do what they want. We need to get big money out of politics. U say government is a monopoly. But we can vote in or out the politicians. We can’t get rid of someone when a company monopolizes a service. Also, even not a monopoly but just even 2 or 3 can make it so they will stay. They r too big too fail. And then we bail them out but say screw u to the public.
@@jrstf - in my area, cable and internet are provided by Comcast. It's a monopoly. If I want internet access, I have no choice but to go with Comcast. As such, Comcast can charge pretty much what ever they want and I either pay their price or I don't have internet access. My in-laws have no cable TV and no internet access because they cannot afford Comcast's high monthly prices. They live in an area where over-the-air TV is no longer available. So, the private sector is no panacea as it can be just as bad, if not worse than the gov't monopoly when given the chance (profit incentive) to dominate a market. Read up on Standard Oil and you'll get a better understanding why we need both private sector and gov't oversight of the private sector.
This guy is a LEGEND! Was lucky enough to have him for multiple courses. Would legitimately fail half his class the first week to get rid of the fluff pulling the rest of the class down to maximize everyone's education, including the people he failed🤣
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship." -- Alexander Tytler
As much as I will get yelled at for wanting to silence voters, this is why I think it would be nice (not possible, but nice) if people living primarily on government welfare were not allowed to vote. The founding fathers tried to create a system where the people voting were those who had stake in the outcome. This is the real reason women didn't vote, btw, because men were the primarily land owners and it was assumed that they might consult with their family - one household, one vote. It think it was correct to have women vote once society shifted, but I think it was wrong to lose focus on why women couldn't vote originally when we did so - instead, it should have opened up to recognize women as land owners, but perhaps done in a way to maintain one household, one vote or some such. And it was originally properly owners that could vote. The issue I have is that we currently have a conflict of interest where one side can maintain their governmental seats by redistributing wealth. I think as a whole, Americans are generous people and don't have a problem with a governmental safety net. But unfortunately there is such a conflict of interest right now that the so-called "safety net" that exists creates a disincentive to self-sufficiency. It is very possible that this is intentional to retain voters since once people become self sufficient, they no longer need to make sure their candidate remains in office to keep giving them the free handout. If we didn't have the conflict of interest, perhaps we would instead have a system that helped people out who fall upon hard times, but expected those people to actually make an effort to pull themselves back up when they were in a position to do so.
@Stevo Devo Damn man. "The internet and access to the information it provides reduces the information cost of the individual voter." That's all you said in aaaall that pretentious babling. Get some friends man, that was painful.
I love how he uses physical location to reinforce the message and isn't afraid to repeat the previous piece of information when tying them all together.
Spent 11 years in the British Civil Service in IT, just felt like banging my head everyday. The sheer reluctance to either modernise or change was just astounding. Ending up joining the Police which was much more results based and if you could do anything to either save money or make something more efficient it was adopted.
I did a contribution doing translation and submit a subtitle in my language for this video. But I did see the response yet... Anyone knows how those contributions works? we need to wait until the owner accepts our subtitle submission? If there is subtitle in my language I could spread this video more easily
I love this guy. Totally unemotional while explaining the absurdity of government. I laugh the whole time, especially because I live in the same city/state as him... "I write a check every 5 years...to these people!"😂
I think its ironic how Engels appears to show signs of understanding the need for individualism over collectivity here, yet he later objects to individualism in support of the collective.
Some large companies have the same issue. They have stiff political structures and resistance to change. Just like a website that directs you to mail things in!
@superchuck3259 Well no they don't. Everybody who does business with those corporations can walk away. Like Prof. Davies mentioned, corporations don't have the guns; governments do. You literally have no choice! And so the government has no incentive to serve you better than the private sector would.
Great video! "Politics without romance," indeed. Once you think about these things, it's astonishing how often markets are held to a perfect utopian standard where if the first approximation isn't an absolutely perfect market, then government intervention is assumed necessary, without a thought for the first approximation failures of the political market. Prof.Davies does a great job here of clarifying some of the reasons behind political failures. His podcast, "Words and Numbers," is also well worth a listen.
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@Agt.BADASS Well if you think people aren't competent, then why don't you do something about it?
I have to show this to my daughter she just graduated last summer, all they teach was safe space, micro aggression and white Privilege at UC San Diego and we are Asian. She said it was a waste, the only good thing is that she transfer there for two year from Jr college . I think she can learn more in this video than two years at UCSD.
"and we are Asian" You are considered to be "white adjacent" by these people. You are successful as an Asian because of racism (i.e. you adopt "white" values such as showing up on time, and putting in the work).
I've been a subscriber for a long time and seen him on this channel before and always enjoyed it, but this one and the previous Inequality Myths video are some of the best content I've ever seen on these topics, not just here, but anywhere. Keep up the excellent work.
New to the channel and "Inequality Myths" and this video are the first I have watched. I completely agree and am trying to figure out who in my friend/family circle will benefit the most from hearing these coherent/concise liberty messages. In the Inequality Myths video, I only wish "equality of outcome" was indicated as being "enforced by the state-owned monopoly on violence/barrel of gun paid for by stolen tax dollars"
i agree but i was really looking forward for him to give a solution like what he did in the "government debt myths" video and he didn't even though its a great video i would imagine the solution being something like: reviews done by citizens and then analyzed yearly so it will effectively decide the fate of the bureaucrats and weather or not they continue serving in office and giving them an average pay for the first year and a decent raise depending on their reviews and satisfaction rates the raise goes up to a limit so that it serves the citizen but not abuse tax money and then they have to maintain satisfaction to keep serving or else they get canned immediately and in that system it's actually good to have a bad bureaucrat every once and a while because it will reduce tax money needed when he leaves office and will be replaced with a new guy who is very motivated to get great reviews what do you think ?
well, its the fucked up voting system like eletoral collage, in germany or spain they have a list, so each vote it counted , and the local representatives are calculated against it. so its confused gerrymandering completly in it. which is a ssparate issue of the problem before, and has been solved in many countries. and the first problem he ingores that the society he proposd in situation a wanted aminimum wage law by majority, and than vanished this when presenting b. so i am in 15min. and aready spotted several argumentativ loopholes. which have nothing to do with choice theory. but rather old consitution and electoral system which where never improved over 200 years. cause for example for the presidential election in 1800 with out telefon rarely any telegraph and a huge country, it made total sense to have an electoral collage meet up. but in 2000, with telefegrapht telefon, radio, tv and internet that kind of thing it totally stupid. and outdated. the only thing actually having anything today with choice is the having topay 20 bucks to vote thing. so no its not a a good work.
@@joecoolioness6399 "Indeed it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.…" - Churchill
Don`t see cynicism in this. Personal interests move the people. So what? A lot of people have doing good things for others in their personal interests. Some don`t, and have only personal. That is just how the life works, it is not cynical
God, I wish I had taken econ instead of engineering. I took 3 econ classes in my undergrad (2 were electives), and none of the professors come close to Antony.
Be glad you didn't, economists have a niche, but it's just a niche. The ones that really understand economics you'll rarely hear from, because they're snapped up by corporations that need their skills. Most of the rest either teach or work for the government, where being wrong doesn't cost them as almost nobody notices, because maximizing their happiness requires remaining employed somewhere. Engineers, on the other hand, everyone needs in some capacity, so even the less skilled ones can find private sector work and improve themselves.
Few economists have a strong enough maths background to understand social choice theory. Check out Amartya Sen's work on the subject, he writes a great chapter in the Handbook. Also, if you're interested in market failures in general, definitely check out Poor Economics. It shines a bright light on the downsides of thinking too systematically or perhaps to Westernly about development economics.
William Loudermilk I've been on the search for good mentors. You are an exceptional example of someone I should be talking too. What's the over under I could be of some service to you in exchange for mentorship in any capacity? My stack is computer science, physics, and BME but essentially shadow studying economics and sociology to balance out precisely what you've mentioned.
Well well. I have been schooled. Brilliant talk. Thank you endearingly for the simplicity of how the government works. I can’t wait to learn more. I shared this with my son this evening. And yes.. PA is utterly for those we elect for the patrons not civilians of Pa. Goodness, your delivery of this message hits home with me, as well it was much needed. Cheers
This is an awesome teacher of real life lessons and very accurate in his take. 1- I’m from the private sector and work for a School System’s Construction department due to physical disabilities for the past 9 years. Previously, I worked in their Building Services Department where no matter what I corrected, I seamed to make someone angry with me, when all I cared about was the Students & Teachers Learning Environment. I have always wondered why no one wants to hear how I succeeded and many times, I get beat up for producing too much, when I’m Handicapped. Fortunately, I was traded, without any raise to the Construction Department because I fit in better with all the other outside hires that worked there. Finally, it took a sitout of 5 weeks to get the promotion I was promised when hired, if I proved that I knew all I had on my Resume. My Job Description was so out dated, my Director agreed that I didn’t have to do anything, No Joke. 2- I live in Maryland which is a constant Blue State and like the example of N.C., Politicians constantly move the lines to make sure the State remains Blue, even though a very large Majority of the State is Conservative Red.
I'm a libertarian and I stumbled across this video by accident but oh my God what a gold mine. Everything I've ever tried to explain to friends and family in one great video. This site rocks!!!
This is absolutely amazing. Thank you so much. I'm finishing a Master's in Foreign Affairs and Diplomacy, and I chose Public Policy and Economics. I am so glad I did. And this well timed and to-the-point seminar makes for a great recap. Also, it's typical of American academia - very clear, and to the point. Minimal jargon too. Fantastic.
This is one of the most informative videos on UA-cam about government. Most governments in the world are inefficient. I've always sought to understand that phenomenon. This is a great start. Next up, what can be done.
Isn't it funny how most of the problems he mentioned either only exist in the US or are greatly reduced outside of the US. It's almost like he didn't take the time to examine how the intricacies of government structure could affect people's incentivises and instead just assumed that if it's a problem in the US it must be a problem systemic to all government structure as a whole.
EndorBornV01 - he wasn't speaking of places outside the U.S. You were trying to apply was was said, to a different place other than the U.S., which was why it didn't work for you.
@@onekerri1 If he was only speaking of the US then his conclusion ignores the possibility of reform in favor of pushing a narrative, and idk if that's better or worse.
My wife once worked for the DMV in PA. What she would tell me goes from astonishing to outright blood boiling angry. For example, PennDOT would snail mail people their license renewal notice, along with a form for having a new photo taken. They sent this out 3 months before the license expired. You could renew the license online and pay the cost there, but had to go to the DMV for the photo. They would put a 10 day limit on the camera form and send it out super early. That way, when the person invariably waited until it was more convenient or closer, they needed a new camera form. Which costs 5 dollars, by the way. There could pinch off another 5 bucks with this trick. Then there was the whole drivers license test. Workers were told to make kids wait for long periods, because they’d get impatient. Added on top was nervousness and anxiety, and a greater chance to fail. They’d have to retest, which meant more fees and such. It’s not even remotely funny how bad service is there. I once had a person at the DMV have earbuds in listening to something while supposedly assisting me. I had to keep repeating myself in a loud as hell voice because he couldn’t be bothered to remove them.
Andrew Weber, If the only problem is that they are placed in a position of bad incentive, you could simply solve it by putting them in a position of good intensive, like panarchy or multi-government, where the voters become customers. It is not the only problem however. Lots of people, not only politicians, have an innate desire for power or in other words, a desire to force their will onto others. If we don't find a solution to this problem, the problem with politicians and governments won't get resolved.
I think this was the most wonderful presentation of Government v.s. private sector that I have ever seen. Forwarding :-) , & thank you so very much, & Yes, I just subscribed.
@Fluffybrute Not sure what you mean. I'm an individual. You are an individual. We both have different situations and strategies. In a free market we can voluntarily interact, without coercion. These are concepts that help us understand property and non-aggression, and to be able to easily see the coercion involved with governments everywhere.
The military works the exact same way. If you need gear, there's only two options: got to supply/CIF, and sit in line forever to fill out a form that might be rejected, to get a piece of used gear that's been used 20 times and is almost unserviceable, or you can go and buy the gear with money out of your own pocket. 9/10 I just went and purchased my own gear.
My only problem with this video is that he didn’t keep going to explain how market competition drives the incentives in the charity industry and how that’s superior than the motivation for the government. One will feed and clothe homeless people at a few dollars per person and the other will bleach their food.
second part almost perfectly matches the points ive made 1000+ times.. you need THREE things for quality: incentive(profit motive), competition, and liability (they need to be accountable for harm to you). government services rarely have a tiny bit of any of the three
This is an excellent summation of why I am a minarchist (i.e. I want the government to be small, and do only the things I think need to be done by government).
I liked your video man. They are very good. I watched your video in my 11th grade of high school. I have learned alot from you man. I have showed it to my friends and teacher. I like especially episode 6&7. I have started to buy silver from your website.
Well done! An additional minor point. Bureaucracies are driven by self interest. Therefore it is in their best interest to make every function as complex as possible. Proactive intrusion.
While I understand his example and his simulated "information in voting cost", the problem here is that he then goes on to present the rest of the example with the assumption that everyone knows not only about the $20 information cost, but also the potential outcome of the election. Reality is actually worse because people who don't spend the time and effort to find out the specifics aren't going to simply not know what the vote is about - instead they are going to think the vote is about something entirely different based on what they are being told my the people trying to pass the laws. He says the $20 is the "cost of fighting the law", but if that cost involves the ability to find out what is being voted for in the first place, they don't even know that they should want to vote. In short, even people who stand to lose $10 will end up voting for this law because they haven't invested the time and effort to find out that it is actually going to cost them $10 - only that it will "help the poor", for example. The virtue signalling, if you will.
True but he is simulating a perfect democracy. In reality there is more at stake, geopolitics, culture, history, greed and desire for power. Also the ultimate flaw of people ignorance and/or lack of purpose.
How to solve this problem: 1) Make voting compulsory or highly incentivized. 2) Media should focus more on providing objective truth and remain impartial. 3) Educate people on the dangers of misinformation. Teach them to always think critically and to look at both sides of every debate.
@@arnoadam5691 1) This would not change the fundamental problem of the oppurtunity cost, paid in time and effort. The incentive has to be crazy high and unless you have a specific plan i sugest backing off from this. 2) They have no real incentive to do so, so why would they? They, like everyone else this whole talk was about, are humans. 3) This has effectively been happening since the dawn of time. It doesnt work. Humans aren't build to be that way and it is almost impossible to create incentives to make the following cost not seem unreasonable: you have to take the time to research the issue and "both" positions on it and then try to figure out who and why to vote for; ALL of that in addition to your normal schedule. You face the cost of: doing this instead of something you actually enjoy or care about. That means voting and researching a potentially completely irrelevant issue has to compete with my favourite series on netflix after a long day at work. Do you see the incentives at play and why it will never ever work while the actors are humans? This small cost to reward example does also not include - chance of winning or if the issue affects me at all.
@@lucasl9632 1) I'm from a country where voting is required by law. Everyone votes and yeah you lose time doing it but you have no choice :) The cost is a fact of life just like how you have to go renew your ID every so often. This costs way more than voting btw. 2) One could always use fines to punish people who deliberately misguide lots of people. 3) You have very little faith in humanity's ability to improve itself. You don't need to research every little thing, if you just use some common sense that will go a long way. Almost every major issue is relevant to almost everyone: migration, climate... Also most people do not calculate costs and gains of everything they do, they just do whatever they feel like doing.
@@arnoadam5691 Compulsory voting still doesn't solve the issue of voter ignorance, because you still have the same swath of the population who do not know or do not care and as such would not normally go out of their way to vote, and you're putting a gun to their head and making them vote. How do they vote? They'll pick the first ballot option, or the name that sounds vaguely familiar, or vote yes on everything or no on everything or just fill it in at random. Even among people who are generally abreast of political issues isn't going to be aware of every single one. We had local elections recently and there were 6 positions on the ballot. I highly doubt many people, including myself, are well versed in the intricacies of the school board trustee race or any of the other elections with the exception of the mayoral race, and even then, there's probably a relatively small number of people who know it well. As for an impartial media and educating people about misinformation, these are great things to strive for. I see a lot of people pushing back on media misinformation and bias, and that can be a good thing if people are snubbing dishonesty in search of facts, which will hopefully pressure media companies to be more objective as they hemorrhage money and viewers. Unfortunately, humans gonna human, and the desire to seek out the truth is not as universal as we would hope it would be. You see this with some people who label an accurate story as fake news and reject it, only to embrace something that is actually fake instead. Or people who will correctly identify an article as fake or excessively bias when they do not agree with its (misleading) conclusions, but are incapable of conceding the same of a similarly false or bias article when they do agree with its misleading conclusions. There are also people (conspiracy theorists, basically) who can be presented with mountains of evidence as to the veracity or falsity of something, and they will never be pursuaded. So it's not a simple task.
And is corporate monopoly any better...they just shaft you with a smile so you don't realise you have been shafted. At least with government you actually know it.
@@sarahcollins190 Monopolies are created by governments. In a free market a state of monopoly is a temporary and transitional state of the market where competition is not deemed (urgently) necessary by demand, by consumers.
Man i had the same issues on indian government sites and the bank websites lol horrible template and design, wastes more time than it saves. Also the support is absolutely of no use coz they are as confused as i am
The whole point of this video is that him running got Government won't change anything unless the basic attitude of people changes and unless they understand basic economics.
Good lecture, i totally agree that those are some of the key issues at the core of the problem. But there has to be more to this story. I live in British Columbia Canada, and I was floored watching your experience with your DMV. The experience here couldn't be farther from your description. Although not quite as easy as the app example given (for security reasons you have to renew in person) the process is fast and easy here. First they send e-mail and regular mail. Full instructions are included with the letter and e-mail, but you can find out more on the easy to navigate website. When you go to renew customer parking is in the front by the entrance of either location (staff parking is actually around the back of the building). They see you promptly and efficiently, will take any form of payment you see fit, take your picture on the spot, print you a new temporary licence and your on your way with your new card arriving in one to two weeks. The whole process usually takes less than 15 min. This efficiency isn't just unique to the DMV either. I've been pleasantly surprised time and again by the government services here. Most services can be completed online or by phone, and many actually do have apps. I'm not by any stretch saying it's perfect, but things do seem to be getting better here. Point in case, as if just to illustrate this point as i write this I am recovering from knee surgery to repair a torn meniscus. As you are probably aware the medical system here is government run, yet get this, I only tore the meniscus just under a month ago. The day of I went to the emergency room and was seen right away with no wait, was booked with an ortho surgeon by the next week, had my MRI a week later, and surgery the week after! and the entire process cost me absolutely nothing. No deductible, no user fee, nothing! and they did such a good job i could walk on the leg the same day. I walked in on crutches and walked out without! Again we have our own problems, and this is not everyone's experience, but the point is you don't get experiences like these unless something has to be working. Especially since i can attest that the services are getting better with time. I can't explain why the experience is so different here, but my point is since the electoral systems either side of the border are so similar we obviously have the same problems with the political system. So the fact that things are actually getting better here must imply there is more to this story.
Yeah, I have similar experiences in Australia. Just today I renewed my drivers licence and changed my Working with Children check from 'volunteer only' (free of charge) to 'as an employee or volunteer' (fee paid by my new employer). All done within a few minutes after maybe 5-10 minutes wait, and it was relatively crowded. All done by one person (who could also deal with all sorts of licences, permits and so on if needed), used debit card for all payments, given good explanations of any issues, with language support if needed. Expect the new licence in the mail shortly, but issued with a temporary licence for a month in case of any delays. Working with Children check was on email when I got home. Didn't bother going to the 'give us feedback' terminals on the way out, nothing really to complain about. This is at state level in NSW, but the Feds are about to go to the same 'one stop shop system'. Don't get me wrong, there are still plenty of slack public servants in Oz (gave a serious rocket in person and by mail to Sydney Airport once for an hour's wait and slack advice by people in the Customs hall), but I couldn't help noticing how much worse they were when I was in the USA. I mean they just didn't seem to care at all. Mind you, had a similar experience with private businesses there; if you dressed like you had money they were all over you; if not, you were ignored or snubbed. Somewhere in the Oz psyche there is a greater expectation of service from bureaucrats, and often avenues to complain reasonably effectively if they don't deliver. Meanwhile there is also an equal suspicion of the private sector. Yes, they will usually bend over backwards to get your business, but that can often mean they will also try to screw you for as much as possible. Buying a car is a good example; 'Do you want rustproofing, nitrogen in the tires, endless accessories, yada, yada, yada.' Having said all that, it's a really good video for awareness training, with an animated and interesting presenter.
Very good introduction, but I think there is much more to be said on the topic. Interesting thing is here in France there is not that much difference between public and private sector in terms of quality of service. In fact, private banks for example offer awful service.
This is probably in the top 5 or even top 3 videos I’ve ever watched in my entire life. And this is coming from someone who watches (mostly listens) to videos and podcasts probably close to 5-6 hours a day. This was absolutely perfect. I’m in love with this dude lmao. No homo
He does a good job exploring the problems with the government. Now he should do the private sector next! After all, people in the private sector are not motivated by your best interests either. They are motivated by parting as many people from as much money as they can at as little cost to themselves as possible. Sometimes, by happy coincidence, this motivation leads them to provide you with great products and services. In many other cases businesses do whatever they can to fool people into buying cheap garbage so they can make off with your money. In addition, they do all kinds of awful things in the back-end because as long as the present a nice product in the front people will buy it without ever thinking about where it came from. Pollution, exploited workers, unsanitary and unhealthy foods, and defective or unsafe products are the result of this. If a business could establish a monopoly and overcharge for whatever product, or fix prices to their benefit, or heavily restrict the supply of something in order to drive up prices artificially, they absolutely would. The government is actually sometimes the only thing that ensures they continue to compete with one another instead of just merging and cornering the market. Plus, if it benefits them to make something confusing and labyrinthine instead of simple and easy, they will. I notice he mentioned the confusing DMV website, but never talked about dealing with an insurance company when they need to pay out, or reading an end-user agreement, or trying to cancel a subscription to something. Neither the government nor the private sector are free of issues. We should employ each of them in the areas where they are best suited.
If the market was free, having a natural monopoly would be real difficult, most of the monopoly only happen with the help of govt, when they rise the entry barriers for something, they are trying make monopolies with their friends on the private sector. The only one who can maintain or create a bad monopoly is the govt. A natural monopoly isn't always bad, and if became bad, the market correct itself with time
U r forgetting that all these private businesses r monopolizing. So, when a sector is monopolized what is the incentive for a company to treat a customer. Hmm. Nothing. That’s happening all over in business. Who will ever save us from the private sector monopolies if we can’t vote on who runs the businesses. At least we can vote for politicians. And companies r only worried about their share holders. Most of us r not shareholders. That’s y in politics we r at least a shareholder. Also “welfare” we give to private companies is way more then whatever we give the poor citizens that actually need the money.
What monopolies are you talking about? Google is basically a monopoly on the internet search. Is that bad? They provide amazing service so I don't think it's a bad monopoly. Apple has a huge cut in the smartphone industry, but they're also a great company with great products. They deserve to be a monopoly. Monopoly in itself is not a problem if the monopoly was created because the business is great. Bad monopolies are created when the government creates laws that make it difficult for other companies to compete with established companies. But the government has tons of monopolies for itself. It's a monopoly of laws, force, public transportation, and many others.
He did a great job of pointing out many issues with governments. The issue now is finding solutions to those that don't lead to even worse outcomes. For example, fixing the issue with government bureaucracy by privatization tends to not work. Since as bad as government bureaucracies are, they tend to be better than privately owned monoplies, which have the same reasons for not caring about providing the best service, but would also have reasons to lower the quality of service even further if it reduces costs (and so increases their personal profits) . EDIT: or just increase cost to consumer without providing anything as they have no competition.
THIS IS MAGNIFICENTLY PUT. I can't believe this is only the second video I've seen from this channel the previous one being the one on Inequality. Top Notch stuff. Almost like PragerU but in its own way. Please keep it up.
He only counts known problems. He doesn't explain how a solution could work. He kinda implies setting up government as a business would be smart. Which is running in opposition to how laws work and have to work in the first place. You cannot have competition on enforcing property rights, because then you wouldn't have any property rights at all.
That was very informative. Here in England the sitcom "Yes Minister" describes an ongoing duel between the bureaucrats in the Civil Service constantly defending archaic practice and a larger than necessary workforce. In local government too I can recognise the effort to get elected ensures various payoffs.The revolving door concerns such as property development come to mind. While the elected representative benefits enormously, no doubt the corrupt dealing only have a marginally detrimental effect to local people when spread out in council tax terms. Few people vote in these elections. My council, Sandwell in the English West Midlands, is one of the most corrupt in the country.
This time around I simply ignored them. Why did the price go up so much in Pennsylvania? I hope my expired card doesn't bite me, I have no intention of renewing.
You inverted the power dynamic, the health insurance and pharma is doing the bidding of government, lest they be regulated out of existence or have some nonsense charges trumped up against them.
@@EnFuegoDuo I would think it's a bit of both? Similar with what happened with Microsoft and other companies with stuff like anti trust. Government does something that ends up costing a lot to an industry, then said industry ends up lobbying a lot to get the government to do their bidding and have additional regulations that will make it almost impossible to compete.
I feel like ranked choice voting would help the median voter theorem. Problem is people feel locked into one of two candidates because of the two party system. With a RCV system they can vote for the candidate they want without worrying about whether their vote is wasted. When people are incentivized to vote for what they want instead of what they will settle for, the politicians will stop appealing to the median where the fewest people are.
Man if this isn't a speech in favor of term limits I don't know what is. This needs to be shown to every graduating HS senior in the United States, and it needs a comprehension test afterwards. So many kids these days are nothing but low knowledge participation trophy winners.
🔥 Watch Prof. Davies' Latest Video: 7 MYTHS ABOUT THE GREAT DEPRESSION - ua-cam.com/video/q4ZMMH6LxXc/v-deo.html 🔥
I worked for the state government for 30 years. Private sector for 8 years. This lecture is spot on.
@ After it was privatised, British Railways added more drivers, more trains, and split to more than 100 companies. There were dozens of smaller engineering and maintenance companies created. How is the new government owned train system in California doing?
@ You miss the fact that most metro transport systems are losing money, if not for the government subsidies they would not exist.
www.citylab.com/transportation/2015/06/how-much-money-us-transit-systems-lose-per-trip-in-1-chart/395189/
Jan Sitkowski Utter nonsense, there is no need for government to be involved in creating or managing money aside, at most, simple contract enforcement.
And even if you accept a legitimate role in government protecting you from aggressors, that is not a blank check justification for it to steal as much as it wants from whoever it wants. To do so would make it an aggressor, and hypocritical in its claims of protecting the citizens.
That and gold, the historic money of choice, has value outside of being money. But the basis of money’s purchasing power ultimates rests on being able to exchange it for goods and services: the government is irrelevant there, and we’ve seen official state currencies hyperinflate into uselessness.
The government does not rightly own me, my money, or all the land in the country: as the aggressor it should leave if it is not wanted.
To expect peaceful citizens to leave the country because they dislike a law is like saying that if you live in a town controlled by a brutal mafia, you automatically consent to and have no right to object to their depredations.
Enjoy hell. Hope that liquid fire burns you good.
Something to consider when making comparisons like these of the Private over the Public Sector is the 'false reality' in which these comparisons will ultimately be made. Basically the 'modus operandi' for successfully transferring Public Sector Services (non profit) to the Private Sector (ONLY profit) is seen everywhere - make the said 'Services' overly bureaucratic with the creation of more senior management, more executive roles. Then to cut costs these high salaried individuals, one after another, for the benefit of the taxpayer are made redundant or retire with golden handshakes and pension busting payoffs. Irrespective of their performance they all take large sums from the public purse. So the 'Services' performance under Public Sector control is deliberately made to under perform whilst simultaneously rising in operating costs and this 'ethos' is maintained thru tried and tested 'mismanagement' methods. Eventually those paying for the Services (You) and those using said Services agree the Service is broken and not fit for purpose. Costs have spiralled out of control while service level kpi's have dropped across the board. Up steps the Private Sector to save the day. Profit making is now the focus, not the Service. This is exactly how our NHS (National Health Service) is 'deliberately' being broken right now. Annually renewable Private Individual Health and Insurances policies for every man, woman and child who can afford it, amounts to a shit load of greed and ultimately power.
randomly found this guy in suggestions and I was mesmerized by his lectures. 30 minutes felt like 5, he's amazing at lectures.
Im about to be late for work watching this.
@@truthseeker3397 worth each second
Yesssss 🙌🏽
@@ragon747 like
Right? I went to pause the video and was surprised it was almost over!
"The politicians are also human beings"
I question this premise
They are human beings who get to commit theft and murder, because they won a popularity contest that they happen to control.
I say they are. Some read Machiavelli's prince, some heard Oswald Mosley's speeches, some others spent their time playing chess while making UA-cam Rewind 2018.
Yes. That is an oxymoron.
they're lizard people
Ahh ha, so do they...
This entire presentation was done so he can rant about the Pennsylvania DOT. BRAVO!!!
FYI, I just visited the site, and it has been overhauled. It doesn't look like this anymore.
I think he used the DOT because it's a great example of a failed government system. He could have also used the TSA.
*@Joel* the TSA is a great program:
ua-cam.com/video/JnX-D4kkPOQ/v-deo.html
They built a tv show around how bad Pennsylvania DOT is. So yeah I think I understand his frustration
@@festivalflightcrew2895 Oh yeah I forgot about Small Wonder.
When I first started work at age 20, I noticed the attitude of public servants first-hand and couldn't help but conclude that if these guys had competition, they would be history. Also if I had to tell my phone company what calls I have made during the financial year and from where and to where and to whom and for how many minutes and on what device and I had to figure out how much money I owed them and then go to an accountant to get it all checked and verified and face a fine if I miscalculate and then pay both the phone company and the accountant, I would switch to another phone company in an instant. Pity I can't do the same with the my taxes which are even harder to figure out.
And in the end all taxes end up at 10-20% gravitating around 17%.
Lachlan Groenveld well soon u may only have 1 phone company. The biggest criticism I have for everyone including the speaker. Private business is monopolizing. One private company to run one type of service is happening and the politicians, have allowed the laws that protect monopolies change. Cause politicians r paid of by big business. So soon u will be treated like shit. Go call ur phone company for customer service, is it great? Nope. And they still have a little bit of competition. Imagine when there is none. Privatizing everything is not the answer. We need to stop the thinking that we can’t be informed without it taking too much of our effort. And get informed to actually vote people in office that aren’t funded by big business. That doesn’t need to make laws to help big business but can help average Americans. Not give rich people big tax breaks anymore.
@@Josh420-13 - Big business has zero votes. No big business ever elected a politician.
The biggest tax breaks go to the poor, the poorer half of the country pays no income tax, I can't imagine a bigger misplaced tax break than that.
I wanted phone service from Verizon, I hate Verizon, very bad experiences with them. So I bought from PagePlus, Verizon provides the service, PagePlus isolates me from Verizon. Won't solve most people's needs, but for me, I had a choice and it has worked very well.
Government though is by definition a monopoly, as detailed in great depth in this video. Nobody has an alternative.
Bryan Jensen wow. U r naive. Big business, wealthy people have a lot of control over politicians. Politicians don’t dare go against their big donors for fear no more donations or donations to an opponent. This is how the game works in a lot of cases. Whoever is funded the most usually wins. Especially if the other guy only has a little. Politicians r also guaranteed high paying jobs by lobbyists to vote their way on a bill. This is the problem with government.
U even say the government is bad. Yet u won’t except the main reason y. We elect the wrong people that have been funded by big business and they influence the politician to do what they want. We need to get big money out of politics. U say government is a monopoly. But we can vote in or out the politicians. We can’t get rid of someone when a company monopolizes a service. Also, even not a monopoly but just even 2 or 3 can make it so they will stay. They r too big too fail. And then we bail them out but say screw u to the public.
@@jrstf - in my area, cable and internet are provided by Comcast. It's a monopoly. If I want internet access, I have no choice but to go with Comcast. As such, Comcast can charge pretty much what ever they want and I either pay their price or I don't have internet access. My in-laws have no cable TV and no internet access because they cannot afford Comcast's high monthly prices. They live in an area where over-the-air TV is no longer available.
So, the private sector is no panacea as it can be just as bad, if not worse than the gov't monopoly when given the chance (profit incentive) to dominate a market. Read up on Standard Oil and you'll get a better understanding why we need both private sector and gov't oversight of the private sector.
This guy is a LEGEND! Was lucky enough to have him for multiple courses.
Would legitimately fail half his class the first week to get rid of the fluff pulling the rest of the class down to maximize everyone's education, including the people he failed🤣
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship." -- Alexander Tytler
As much as I will get yelled at for wanting to silence voters, this is why I think it would be nice (not possible, but nice) if people living primarily on government welfare were not allowed to vote. The founding fathers tried to create a system where the people voting were those who had stake in the outcome. This is the real reason women didn't vote, btw, because men were the primarily land owners and it was assumed that they might consult with their family - one household, one vote. It think it was correct to have women vote once society shifted, but I think it was wrong to lose focus on why women couldn't vote originally when we did so - instead, it should have opened up to recognize women as land owners, but perhaps done in a way to maintain one household, one vote or some such. And it was originally properly owners that could vote.
The issue I have is that we currently have a conflict of interest where one side can maintain their governmental seats by redistributing wealth. I think as a whole, Americans are generous people and don't have a problem with a governmental safety net. But unfortunately there is such a conflict of interest right now that the so-called "safety net" that exists creates a disincentive to self-sufficiency. It is very possible that this is intentional to retain voters since once people become self sufficient, they no longer need to make sure their candidate remains in office to keep giving them the free handout. If we didn't have the conflict of interest, perhaps we would instead have a system that helped people out who fall upon hard times, but expected those people to actually make an effort to pull themselves back up when they were in a position to do so.
Right on!
That is misattributed, but a good quote nonetheless.
Good thing we aren't a democracy. True democracy is real evil. The majority can infringe on the minority. We're a constitutional republic.
Or more likely politicians realize they can sell voters x,y and z and receive more votes
Everyone should watch this.
Greetings from Buenos Aires, Argentina.
Learn about libertarianism, you will be even more surprissed
This guy gives great lectures.
I agree! Glad Learn Liberty is featuring him more!
Agreed, but I don't agree with his summary of the impact or benefits of Tariffs in terms of an economic force to benefit a country.
@Stevo Devo Damn man. "The internet and access to the information it provides reduces the information cost of the individual voter." That's all you said in aaaall that pretentious babling. Get some friends man, that was painful.
@@BeerByTheNumbers Proof that not all professors are Marxist-leftists. Only about 90% of them.
I love how he uses physical location to reinforce the message and isn't afraid to repeat the previous piece of information when tying them all together.
Spent 11 years in the British Civil Service in IT, just felt like banging my head everyday. The sheer reluctance to either modernise or change was just astounding. Ending up joining the Police which was much more results based and if you could do anything to either save money or make something more efficient it was adopted.
More people need to watch this.
bergonius people need to realise that change takes time
Can you dig it blood.
No, everyone should watch this. This is what should be taught in schools.
I did a contribution doing translation and submit a subtitle in my language for this video. But I did see the response yet...
Anyone knows how those contributions works? we need to wait until the owner accepts our subtitle submission?
If there is subtitle in my language I could spread this video more easily
The entire voting population needs to watch this.
I love this guy. Totally unemotional while explaining the absurdity of government. I laugh the whole time, especially because I live in the same city/state as him... "I write a check every 5 years...to these people!"😂
"For what each individual wills is obstructed by everyone else, and what emerges is something that no one willed"
-Engels
I think its ironic how Engels appears to show signs of understanding the need for individualism over collectivity here, yet he later objects to individualism in support of the collective.
@@MrHyde-fu5sr They eventually came around understanding the efficacy of markets. Thomas Sowell's "Basic Economics" goes into that a little bit
I love this guy. I listen to him three more days, memorize his arguments, file his sources, and I'll never lose another argument again, ever!
you wanna argue
Did you lose an argument in the last 2 years?
@@Klonering Nope.
This is the best explanation I've ever heard about how government truly works and how it compares to the private sector. Awesome job!
Some large companies have the same issue. They have stiff political structures and resistance to change. Just like a website that directs you to mail things in!
@Liberty AboveAllElse In some cities, there are dudes that do 3 city jobs and make a killing. Insane!
@superchuck3259 Well no they don't. Everybody who does business with those corporations can walk away. Like Prof. Davies mentioned, corporations don't have the guns; governments do. You literally have no choice! And so the government has no incentive to serve you better than the private sector would.
The part on the DMV is hilarious, you can feel the rage they filled him with.
Great video! "Politics without romance," indeed. Once you think about these things, it's astonishing how often markets are held to a perfect utopian standard where if the first approximation isn't an absolutely perfect market, then government intervention is assumed necessary, without a thought for the first approximation failures of the political market. Prof.Davies does a great job here of clarifying some of the reasons behind political failures. His podcast, "Words and Numbers," is also well worth a listen.
@Agt.BADASS
Well if you think people aren't competent, then why don't you do something about it?
21:48 brilliant explanation of the difference in motivation between the public and private sectors
One of the best lectures I have ever seen. Good job and thank you.
I have to show this to my daughter she just graduated last summer, all they teach was safe space, micro aggression and white Privilege at UC San Diego and we are Asian. She said it was a waste, the only good thing is that she transfer there for two year from Jr college . I think she can learn more in this video than two years at UCSD.
"and we are Asian"
You are considered to be "white adjacent" by these people. You are successful as an Asian because of racism (i.e. you adopt "white" values such as showing up on time, and putting in the work).
I've been a subscriber for a long time and seen him on this channel before and always enjoyed it, but this one and the previous Inequality Myths video are some of the best content I've ever seen on these topics, not just here, but anywhere. Keep up the excellent work.
Agreed, Antony is a personal hero!
New to the channel and "Inequality Myths" and this video are the first I have watched. I completely agree and am trying to figure out who in my friend/family circle will benefit the most from hearing these coherent/concise liberty messages. In the Inequality Myths video, I only wish "equality of outcome" was indicated as being "enforced by the state-owned monopoly on violence/barrel of gun paid for by stolen tax dollars"
i agree but i was really looking forward for him to give a solution
like what he did in the "government debt myths" video
and he didn't even though its a great video
i would imagine the solution being something like:
reviews done by citizens and then analyzed yearly so it will effectively decide the fate of the bureaucrats and weather or not they continue serving in office
and giving them an average pay for the first year and a decent raise depending on their reviews and satisfaction rates
the raise goes up to a limit so that it serves the citizen but not abuse tax money
and then they have to maintain satisfaction to keep serving or else they get canned immediately
and in that system it's actually good to have a bad bureaucrat every once and a while because it will reduce tax money needed when he leaves office
and will be replaced with a new guy who is very motivated to get great reviews
what do you think ?
The 5 Inequality Myths video was mostly propaganda.
well, its the fucked up voting system like eletoral collage, in germany or spain they have a list, so each vote it counted , and the local representatives are calculated against it. so its confused gerrymandering completly in it. which is a ssparate issue of the problem before, and has been solved in many countries.
and the first problem he ingores that the society he proposd in situation a wanted aminimum wage law by majority, and than vanished this when presenting b. so i am in 15min. and aready spotted several argumentativ loopholes. which have nothing to do with choice theory. but rather old consitution and electoral system which where never improved over 200 years.
cause for example for the presidential election in 1800 with out telefon rarely any telegraph and a huge country, it made total sense to have an electoral collage meet up. but in 2000, with telefegrapht telefon, radio, tv and internet that kind of thing it totally stupid. and outdated.
the only thing actually having anything today with choice is the having topay 20 bucks to vote thing.
so no its not a a good work.
"We're going to pass a law that takes $10 from everyone in group A, burn half of it..."
Pretty much explained how govt works in half a sentence.
How the government works VS how we think it works.
My thought is It doesn't work.
And unfortunately I think that is true for all forms. I think what the USA has is the best of all of them, but it still sucks.
@@joecoolioness6399 "Indeed it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.…" - Churchill
Moral of the story: "If you aren't cynical, you don't understand."
Don`t see cynicism in this. Personal interests move the people. So what? A lot of people have doing good things for others in their personal interests. Some don`t, and have only personal. That is just how the life works, it is not cynical
PRAXOLOGY PRAXOLOGY what is the distinction between the cynics of Greece and skeptics?
@@lancewalker6067 greek cynicism concerned itself with morals. skepticism is about how we learn (epistomology).
God, I wish I had taken econ instead of engineering. I took 3 econ classes in my undergrad (2 were electives), and none of the professors come close to Antony.
I teach college economics, and I agree that few professors come anywhere close to what Davies does.
Be glad you didn't, economists have a niche, but it's just a niche. The ones that really understand economics you'll rarely hear from, because they're snapped up by corporations that need their skills. Most of the rest either teach or work for the government, where being wrong doesn't cost them as almost nobody notices, because maximizing their happiness requires remaining employed somewhere.
Engineers, on the other hand, everyone needs in some capacity, so even the less skilled ones can find private sector work and improve themselves.
Few economists have a strong enough maths background to understand social choice theory. Check out Amartya Sen's work on the subject, he writes a great chapter in the Handbook. Also, if you're interested in market failures in general, definitely check out Poor Economics. It shines a bright light on the downsides of thinking too systematically or perhaps to Westernly about development economics.
William Loudermilk
I've been on the search for good mentors. You are an exceptional example of someone I should be talking too. What's the over under I could be of some service to you in exchange for mentorship in any capacity?
My stack is computer science, physics, and BME but essentially shadow studying economics and sociology to balance out precisely what you've mentioned.
@William Loudermilk The engineers share that with economists.
Well well. I have been schooled. Brilliant talk. Thank you endearingly for the simplicity of how the government works. I can’t wait to learn more. I shared this with my son this evening. And yes.. PA is utterly for those we elect for the patrons not civilians of Pa. Goodness, your delivery of this message hits home with me, as well it was much needed.
Cheers
This is an awesome teacher of real life lessons and very accurate in his take.
1- I’m from the private sector and work for a School System’s Construction department due to physical disabilities for the past 9 years. Previously, I worked in their Building Services Department where no matter what I corrected, I seamed to make someone angry with me, when all I cared about was the Students & Teachers Learning Environment. I have always wondered why no one wants to hear how I succeeded and many times, I get beat up for producing too much, when I’m Handicapped. Fortunately, I was traded, without any raise to the Construction Department because I fit in better with all the other outside hires that worked there. Finally, it took a sitout of 5 weeks to get the promotion I was promised when hired, if I proved that I knew all I had on my Resume. My Job Description was so out dated, my Director agreed that I didn’t have to do anything, No Joke.
2- I live in Maryland which is a constant Blue State and like the example of N.C., Politicians constantly move the lines to make sure the State remains Blue, even though a very large Majority of the State is Conservative Red.
I'm a libertarian and I stumbled across this video by accident but oh my God what a gold mine. Everything I've ever tried to explain to friends and family in one great video. This site rocks!!!
Thank you for the wonderful presentation. In 33 min, you summed up my research project that was giving me such a hard time explaining. Well done
26:09 ... I don't know what that means ... absolutely perfect delivery, spot on, and priceless
This is absolutely amazing. Thank you so much. I'm finishing a Master's in Foreign Affairs and Diplomacy, and I chose Public Policy and Economics. I am so glad I did. And this well timed and to-the-point seminar makes for a great recap. Also, it's typical of American academia - very clear, and to the point. Minimal jargon too. Fantastic.
This is one of the most informative videos on UA-cam about government. Most governments in the world are inefficient. I've always sought to understand that phenomenon. This is a great start. Next up, what can be done.
Now the big question is, are monopolies and cartels also inefficient?
I love how this started out very academic, and then quickly turned into Falling Down
Isn't it funny how most of the problems he mentioned either only exist in the US or are greatly reduced outside of the US. It's almost like he didn't take the time to examine how the intricacies of government structure could affect people's incentivises and instead just assumed that if it's a problem in the US it must be a problem systemic to all government structure as a whole.
EndorBornV01 - he wasn't speaking of places outside the U.S. You were trying to apply was was said, to a different place other than the U.S., which was why it didn't work for you.
plumlogan - you're a big govt person, therefore you're given a pass, as you will never be able to make sense of this.
@@onekerri1 lol - huge swing and a miss
@@onekerri1 If he was only speaking of the US then his conclusion ignores the possibility of reform in favor of pushing a narrative, and idk if that's better or worse.
My wife once worked for the DMV in PA. What she would tell me goes from astonishing to outright blood boiling angry.
For example, PennDOT would snail mail people their license renewal notice, along with a form for having a new photo taken. They sent this out 3 months before the license expired. You could renew the license online and pay the cost there, but had to go to the DMV for the photo. They would put a 10 day limit on the camera form and send it out super early. That way, when the person invariably waited until it was more convenient or closer, they needed a new camera form. Which costs 5 dollars, by the way. There could pinch off another 5 bucks with this trick.
Then there was the whole drivers license test. Workers were told to make kids wait for long periods, because they’d get impatient. Added on top was nervousness and anxiety, and a greater chance to fail. They’d have to retest, which meant more fees and such.
It’s not even remotely funny how bad service is there. I once had a person at the DMV have earbuds in listening to something while supposedly assisting me. I had to keep repeating myself in a loud as hell voice because he couldn’t be bothered to remove them.
Great video. The only mistake he made was referring to politicians as "humans ". Lol
Clearly they are reptilians! #stuipidconspiracy
Wasn't the whole point of the video that politicians _are_ humans, they're just placed into positions of bad incentives? :P
Run for office and try to get elected. The process doesn't take away your humanity, though you'll likely lose to a sociopath.
Andrew Weber, If the only problem is that they are placed in a position of bad incentive, you could simply solve it by putting them in a position of good intensive, like panarchy or multi-government, where the voters become customers.
It is not the only problem however. Lots of people, not only politicians, have an innate desire for power or in other words, a desire to force their will onto others. If we don't find a solution to this problem, the problem with politicians and governments won't get resolved.
Early in the video he also says "say I have $10 & burn half" when the slide showed $12.
I think this was the most wonderful presentation of Government v.s. private sector that I have ever seen. Forwarding :-) , & thank you so very much, & Yes, I just subscribed.
I very rarely comment on videos. But this, and others presented by Antony are very very good. Many thanks for the time invested in making these
"For the common good."
Stop right there. I think we found the problem.
No, the problem is that THE PEOPLE DO NOT CONSENT TO THEIR GOVERNMENT.
The common good is a myth, a tool used by central planners and other tyrants.
@Fluffybrute Not sure what you mean. I'm an individual. You are an individual. We both have different situations and strategies. In a free market we can voluntarily interact, without coercion. These are concepts that help us understand property and non-aggression, and to be able to easily see the coercion involved with governments everywhere.
The DMV bit was epic.
Ikr... you can feel years worth of pent-up rage leaking out
The military works the exact same way. If you need gear, there's only two options: got to supply/CIF, and sit in line forever to fill out a form that might be rejected, to get a piece of used gear that's been used 20 times and is almost unserviceable, or you can go and buy the gear with money out of your own pocket. 9/10 I just went and purchased my own gear.
Alexa, please file this under, "Things school should have taught me."
Excellent thought experiment and exercise. In line with my thoughts and general life approach.
My only problem with this video is that he didn’t keep going to explain how market competition drives the incentives in the charity industry and how that’s superior than the motivation for the government. One will feed and clothe homeless people at a few dollars per person and the other will bleach their food.
UA-cam has to allow liking videos more than once.
This video is FANTASTIC!
Oh shit, this is an awesome channel, how did I not found it earlier!
second part almost perfectly matches the points ive made 1000+ times.. you need THREE things for quality: incentive(profit motive), competition, and liability (they need to be accountable for harm to you). government services rarely have a tiny bit of any of the three
This guy is so clear and articulate, even someone with no prior knowledge on public choice theory could follow along and understand this. Great video!
He is an excellent speaker, no mispronouncing of words, good grammar and coherent complete sentences which makes for a smooth informative delivery.
This is an excellent summation of why I am a minarchist (i.e. I want the government to be small, and do only the things I think need to be done by government).
Brilliant.
I liked your video man. They are very good. I watched your video in my 11th grade of high school. I have learned alot from you man. I have showed it to my friends and teacher. I like especially episode 6&7. I have started to buy silver from your website.
Well done! An additional minor point. Bureaucracies are driven by self interest. Therefore it is in their best interest to make every function as complex as possible. Proactive intrusion.
While I understand his example and his simulated "information in voting cost", the problem here is that he then goes on to present the rest of the example with the assumption that everyone knows not only about the $20 information cost, but also the potential outcome of the election. Reality is actually worse because people who don't spend the time and effort to find out the specifics aren't going to simply not know what the vote is about - instead they are going to think the vote is about something entirely different based on what they are being told my the people trying to pass the laws.
He says the $20 is the "cost of fighting the law", but if that cost involves the ability to find out what is being voted for in the first place, they don't even know that they should want to vote.
In short, even people who stand to lose $10 will end up voting for this law because they haven't invested the time and effort to find out that it is actually going to cost them $10 - only that it will "help the poor", for example. The virtue signalling, if you will.
True but he is simulating a perfect democracy.
In reality there is more at stake, geopolitics, culture, history, greed and desire for power.
Also the ultimate flaw of people ignorance and/or lack of purpose.
How to solve this problem: 1) Make voting compulsory or highly incentivized. 2) Media should focus more on providing objective truth and remain impartial. 3) Educate people on the dangers of misinformation. Teach them to always think critically and to look at both sides of every debate.
@@arnoadam5691 1) This would not change the fundamental problem of the oppurtunity cost, paid in time and effort. The incentive has to be crazy high and unless you have a specific plan i sugest backing off from this.
2) They have no real incentive to do so, so why would they? They, like everyone else this whole talk was about, are humans.
3) This has effectively been happening since the dawn of time. It doesnt work. Humans aren't build to be that way and it is almost impossible to create incentives to make the following cost not seem unreasonable: you have to take the time to research the issue and "both" positions on it and then try to figure out who and why to vote for; ALL of that in addition to your normal schedule. You face the cost of: doing this instead of something you actually enjoy or care about. That means voting and researching a potentially completely irrelevant issue has to compete with my favourite series on netflix after a long day at work. Do you see the incentives at play and why it will never ever work while the actors are humans?
This small cost to reward example does also not include - chance of winning or if the issue affects me at all.
@@lucasl9632 1) I'm from a country where voting is required by law. Everyone votes and yeah you lose time doing it but you have no choice :) The cost is a fact of life just like how you have to go renew your ID every so often. This costs way more than voting btw.
2) One could always use fines to punish people who deliberately misguide lots of people.
3) You have very little faith in humanity's ability to improve itself. You don't need to research every little thing, if you just use some common sense that will go a long way. Almost every major issue is relevant to almost everyone: migration, climate...
Also most people do not calculate costs and gains of everything they do, they just do whatever they feel like doing.
@@arnoadam5691 Compulsory voting still doesn't solve the issue of voter ignorance, because you still have the same swath of the population who do not know or do not care and as such would not normally go out of their way to vote, and you're putting a gun to their head and making them vote. How do they vote? They'll pick the first ballot option, or the name that sounds vaguely familiar, or vote yes on everything or no on everything or just fill it in at random. Even among people who are generally abreast of political issues isn't going to be aware of every single one. We had local elections recently and there were 6 positions on the ballot. I highly doubt many people, including myself, are well versed in the intricacies of the school board trustee race or any of the other elections with the exception of the mayoral race, and even then, there's probably a relatively small number of people who know it well.
As for an impartial media and educating people about misinformation, these are great things to strive for. I see a lot of people pushing back on media misinformation and bias, and that can be a good thing if people are snubbing dishonesty in search of facts, which will hopefully pressure media companies to be more objective as they hemorrhage money and viewers. Unfortunately, humans gonna human, and the desire to seek out the truth is not as universal as we would hope it would be. You see this with some people who label an accurate story as fake news and reject it, only to embrace something that is actually fake instead. Or people who will correctly identify an article as fake or excessively bias when they do not agree with its (misleading) conclusions, but are incapable of conceding the same of a similarly false or bias article when they do agree with its misleading conclusions. There are also people (conspiracy theorists, basically) who can be presented with mountains of evidence as to the veracity or falsity of something, and they will never be pursuaded. So it's not a simple task.
They only government education I received in public school was School House Rock I am a bill. You have no idea how grateful I am for this🙏🏿 thank you
I just listened to guy explain government monopoly by venting about infuriating government websites.
Pretty good.
Did you try the Affordable Care Act website. Gosh it stunk!
And is corporate monopoly any better...they just shaft you with a smile so you don't realise you have been shafted. At least with government you actually know it.
@@sarahcollins190 Monopolies are created by governments. In a free market a state of monopoly is a temporary and transitional state of the market where competition is not deemed (urgently) necessary by demand, by consumers.
Man i had the same issues on indian government sites and the bank websites lol horrible template and design, wastes more time than it saves. Also the support is absolutely of no use coz they are as confused as i am
Excellent video and all of your videos should be shown in every school starting in middle school.
One of the underrated lectures on UA-cam l, better than many MIT OCW videos!! You sir eloquently spoken genius. Please run for government
The whole point of this video is that him running got Government won't change anything unless the basic attitude of people changes and unless they understand basic economics.
wow wow wow! Good job sir! This is the first UA-cam lecture that I have stayed and watch entirely without a pose! You are a great lecturer!
Good lecture, i totally agree that those are some of the key issues at the core of the problem.
But there has to be more to this story.
I live in British Columbia Canada, and I was floored watching your experience with your DMV. The experience here couldn't be farther from your description.
Although not quite as easy as the app example given (for security reasons you have to renew in person) the process is fast and easy here. First they send e-mail and regular mail. Full instructions are included with the letter and e-mail, but you can find out more on the easy to navigate website. When you go to renew customer parking is in the front by the entrance of either location (staff parking is actually around the back of the building). They see you promptly and efficiently, will take any form of payment you see fit, take your picture on the spot, print you a new temporary licence and your on your way with your new card arriving in one to two weeks. The whole process usually takes less than 15 min.
This efficiency isn't just unique to the DMV either. I've been pleasantly surprised time and again by the government services here. Most services can be completed online or by phone, and many actually do have apps.
I'm not by any stretch saying it's perfect, but things do seem to be getting better here.
Point in case, as if just to illustrate this point as i write this I am recovering from knee surgery to repair a torn meniscus. As you are probably aware the medical system here is government run, yet get this, I only tore the meniscus just under a month ago. The day of I went to the emergency room and was seen right away with no wait, was booked with an ortho surgeon by the next week, had my MRI a week later, and surgery the week after! and the entire process cost me absolutely nothing. No deductible, no user fee, nothing! and they did such a good job i could walk on the leg the same day. I walked in on crutches and walked out without!
Again we have our own problems, and this is not everyone's experience, but the point is you don't get experiences like these unless something has to be working. Especially since i can attest that the services are getting better with time.
I can't explain why the experience is so different here, but my point is since the electoral systems either side of the border are so similar we obviously have the same problems with the political system. So the fact that things are actually getting better here must imply there is more to this story.
Yeah, I have similar experiences in Australia. Just today I renewed my drivers licence and changed my Working with Children check from 'volunteer only' (free of charge) to 'as an employee or volunteer' (fee paid by my new employer). All done within a few minutes after maybe 5-10 minutes wait, and it was relatively crowded. All done by one person (who could also deal with all sorts of licences, permits and so on if needed), used debit card for all payments, given good explanations of any issues, with language support if needed. Expect the new licence in the mail shortly, but issued with a temporary licence for a month in case of any delays. Working with Children check was on email when I got home. Didn't bother going to the 'give us feedback' terminals on the way out, nothing really to complain about. This is at state level in NSW, but the Feds are about to go to the same 'one stop shop system'.
Don't get me wrong, there are still plenty of slack public servants in Oz (gave a serious rocket in person and by mail to Sydney Airport once for an hour's wait and slack advice by people in the Customs hall), but I couldn't help noticing how much worse they were when I was in the USA. I mean they just didn't seem to care at all. Mind you, had a similar experience with private businesses there; if you dressed like you had money they were all over you; if not, you were ignored or snubbed. Somewhere in the Oz psyche there is a greater expectation of service from bureaucrats, and often avenues to complain reasonably effectively if they don't deliver. Meanwhile there is also an equal suspicion of the private sector. Yes, they will usually bend over backwards to get your business, but that can often mean they will also try to screw you for as much as possible. Buying a car is a good example; 'Do you want rustproofing, nitrogen in the tires, endless accessories, yada, yada, yada.'
Having said all that, it's a really good video for awareness training, with an animated and interesting presenter.
I am old and know most of this information but this man really explains it very well indeed.
exactly my thoughts.
Very good introduction, but I think there is much more to be said on the topic.
Interesting thing is here in France there is not that much difference between public and private sector in terms of quality of service. In fact, private banks for example offer awful service.
This is probably in the top 5 or even top 3 videos I’ve ever watched in my entire life. And this is coming from someone who watches (mostly listens) to videos and podcasts probably close to 5-6 hours a day. This was absolutely perfect. I’m in love with this dude lmao. No homo
He does a good job exploring the problems with the government. Now he should do the private sector next!
After all, people in the private sector are not motivated by your best interests either. They are motivated by parting as many people from as much money as they can at as little cost to themselves as possible. Sometimes, by happy coincidence, this motivation leads them to provide you with great products and services. In many other cases businesses do whatever they can to fool people into buying cheap garbage so they can make off with your money.
In addition, they do all kinds of awful things in the back-end because as long as the present a nice product in the front people will buy it without ever thinking about where it came from. Pollution, exploited workers, unsanitary and unhealthy foods, and defective or unsafe products are the result of this.
If a business could establish a monopoly and overcharge for whatever product, or fix prices to their benefit, or heavily restrict the supply of something in order to drive up prices artificially, they absolutely would. The government is actually sometimes the only thing that ensures they continue to compete with one another instead of just merging and cornering the market. Plus, if it benefits them to make something confusing and labyrinthine instead of simple and easy, they will. I notice he mentioned the confusing DMV website, but never talked about dealing with an insurance company when they need to pay out, or reading an end-user agreement, or trying to cancel a subscription to something.
Neither the government nor the private sector are free of issues. We should employ each of them in the areas where they are best suited.
If the market was free, having a natural monopoly would be real difficult, most of the monopoly only happen with the help of govt, when they rise the entry barriers for something, they are trying make monopolies with their friends on the private sector. The only one who can maintain or create a bad monopoly is the govt. A natural monopoly isn't always bad, and if became bad, the market correct itself with time
Excellently illustrated the behavior of voters , the politicians and the bureaurocrats. This is exactly what happens in real scenario.
Can I click thumbs up 4000 more times? This guy is great!
I am stunned at the clarity and things helpful
This is amazing information . Well done lecture I’m entertained and learning .. you should be way more popular
Very informative .... and spot on.
32:28 If only the government would...
leave me alone
I listened to this lecture on my way home from work and when I got home I had a renewal notice for my registration in my mail box, LOL.
I think this entire video happened because he was fed up with the PennDOT ahahah
Big help for my microeconomics class! Thanks!
U r forgetting that all these private businesses r monopolizing. So, when a sector is monopolized what is the incentive for a company to treat a customer. Hmm. Nothing. That’s happening all over in business. Who will ever save us from the private sector monopolies if we can’t vote on who runs the businesses. At least we can vote for politicians. And companies r only worried about their share holders. Most of us r not shareholders. That’s y in politics we r at least a shareholder. Also “welfare” we give to private companies is way more then whatever we give the poor citizens that actually need the money.
What monopolies are you talking about?
Google is basically a monopoly on the internet search. Is that bad? They provide amazing service so I don't think it's a bad monopoly. Apple has a huge cut in the smartphone industry, but they're also a great company with great products. They deserve to be a monopoly. Monopoly in itself is not a problem if the monopoly was created because the business is great. Bad monopolies are created when the government creates laws that make it difficult for other companies to compete with established companies. But the government has tons of monopolies for itself. It's a monopoly of laws, force, public transportation, and many others.
this seems to me to be a very generous description of the motives and behaviors of politicians especially and public sector workers as well.
I can’t stress enough how much I love this video.
BEAUTIFUL LECTURE I LOVE YOU I LOVE THIS MY BRAIN FEELS NURISHED
30:20 3 days to get Tide??? But I'm hungry now!
He did a great job of pointing out many issues with governments.
The issue now is finding solutions to those that don't lead to even worse outcomes.
For example, fixing the issue with government bureaucracy by privatization tends to not work. Since as bad as government bureaucracies are, they tend to be better than privately owned monoplies, which have the same reasons for not caring about providing the best service, but would also have reasons to lower the quality of service even further if it reduces costs (and so increases their personal profits) . EDIT: or just increase cost to consumer without providing anything as they have no competition.
Hello guys I have been watching some video and I was thinking about investing in bitcoin/forex but still don't know where to start from.
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My first investment with expert Mrs Alice gave me a profits of $15,000 and ever since then she has been most reliable and sincere broker i know
Who is this professional broker everyone in talking about l always see her post on every UA-cam
What is the most reliable way to get in touch with her
Expert Mrs Alice is the most reliable broker i have ever seen
This guy is so spot on. I do volunteer water quality monitoring for the State and their website is so terrible.
This made me check my driver license expiration date, it's in 5 months, I'm doomed.
Whoa! Am learning economics for free. Thanks Prof Davies
THIS IS MAGNIFICENTLY PUT. I can't believe this is only the second video I've seen from this channel the previous one being the one on Inequality. Top Notch stuff. Almost like PragerU but in its own way. Please keep it up.
Just think how much better this video could have been if
I never heard the words "PragerU" and "Top Notch stuff" related. Thank you for that experience.
Fantastic explanation of the benefits of a limited government.
This is a very good video to bad most people won't take it seriously.
He only counts known problems. He doesn't explain how a solution could work. He kinda implies setting up government as a business would be smart. Which is running in opposition to how laws work and have to work in the first place. You cannot have competition on enforcing property rights, because then you wouldn't have any property rights at all.
That was very informative. Here in England the sitcom "Yes Minister" describes an ongoing duel between the bureaucrats in the Civil Service constantly defending archaic practice and a larger than necessary workforce.
In local government too I can recognise the effort to get elected ensures various payoffs.The revolving door concerns such as property development come to mind. While the elected representative benefits enormously, no doubt the corrupt dealing only have a marginally detrimental effect to local people when spread out in council tax terms. Few people vote in these elections. My council, Sandwell in the English West Midlands, is one of the most corrupt in the country.
Phenomenal lecture. Thank you Professor Davies, keep 'em coming!
The best channel in the whole UA-cam!
Hahaha, i see that EVERYONE gets irritated with the DMV.
This time around I simply ignored them. Why did the price go up so much in Pennsylvania? I hope my expired card doesn't bite me, I have no intention of renewing.
kcotte59 lmao
The most eye opening lecture about politics. Big respect to the creator's and the viewer's
Glad it was helpful!
Now I understand why I as an america get bankrupt from medical bills, cause politicans do the biddings of health insurance companies
You inverted the power dynamic, the health insurance and pharma is doing the bidding of government, lest they be regulated out of existence or have some nonsense charges trumped up against them.
@@EnFuegoDuo I would think it's a bit of both? Similar with what happened with Microsoft and other companies with stuff like anti trust. Government does something that ends up costing a lot to an industry, then said industry ends up lobbying a lot to get the government to do their bidding and have additional regulations that will make it almost impossible to compete.
I feel like ranked choice voting would help the median voter theorem. Problem is people feel locked into one of two candidates because of the two party system. With a RCV system they can vote for the candidate they want without worrying about whether their vote is wasted. When people are incentivized to vote for what they want instead of what they will settle for, the politicians will stop appealing to the median where the fewest people are.
Man if this isn't a speech in favor of term limits I don't know what is.
This needs to be shown to every graduating HS senior in the United States, and it needs a comprehension test afterwards. So many kids these days are nothing but low knowledge participation trophy winners.
What an amazing presentation! You are appreciated.
Have a wonderful weekend... feeding the algorithms
This is one of the greatest lectures I’ve ever heard
I love this guys videos.
This is a salient, enlightening lecture. Thank you!
This demonstration radically understates the inefficiency and corruption inherent in the political process.
I started laughing so hard when he said "and the representatives voting on behalf of the people" that's not how you pronounce Lobbyists!
Well that was the most educational rant I have ever watched
We strive to always educate on our rants
Brilliant. I wish I had lectures like this at school. I might have actually enjoyed the experience and paid a bit more attention.