Incentives

I am usually pro private business except when it does not work. An important category are treatment, prevention, and elimination of negatives: Private prison industry does not work. Private law enforcement does not work. Private military industry does not work. Private drug research does not work. If you want to eliminate or prevent something, then do not privatize it. Private business wants to grow. Missions to shrink or end something must be publicly controlled. If we insist on privatization, then the financial incentives must be aligned with the desired results. For example, only give private drug companies the money that would be otherwise lost to the disease via whatever arrangements - probably some insurance scheme or similar - and make them lose money immediately when the disease appears again. -- Sakari Maaranen