The Humble Libertarian

Mind your business.



Wednesday, September 22, 2010

Most Private Companies Aren't "Private"

I work at a private university. And I recently heard a student complaining about the red tape and lack of communication surrounding our financial aid process. A fellow employee aware of my political beliefs said, "Even at a private business, things don't always go right, do they, Eric?"

Now, there is an important lesson here. Because yes, private businesses can still suck. Just because they're private doesn't make them benevolent. It simply forces them (in most cases) to respond to the market.

But, the FAFSA process at a "private" institution has nothing to do with a private business. A private business will struggle with any horrendously managed, government-run bureaucracy.

It's the same reason I want people to stop complaining to me about Boeing. It's not a private company, by any means. Those of you who have watched the film "Why We Fight" or seen Eisenhower's Farewell Address warning us about the "military industrial complex" know what I'm talking about.

A private industry dependent on federal subsidies isn't private, doesn't follow the same rules, and doesn't deserve my defense.



By: Eric Olsen, Regular Columnist
Articles | Author's Page | Website
Read more Humble Libertarian articles...

The Response to Roy Moore Proves Politics Makes People Literally Insane


Sexist AF America Would Have Responded Very Differently
If A Female Senator Had 6 Ribs Broken



Louis CK's Trial By Social Media


All This Sunlight On Sexual Abuse Is Definitely A Good Thing...


100 Motivational Quotes For Work That Will Turn You Into a Raging Whirlwind of Limitless Productivity


This CNN Article About Fake News on Facebook Is The Definition of Fake News (and Clickbait)


8 Times Ron Paul Talked Trash and Busted Balls
Like a Savage



"Weiner Guy" Gets 21 Months in Jail!


Congresswoman Who Criticized Trump's Phone Call With The Soldier's Widow Is A Hypocrite


"We Need to Ensure Only Legal Workers Are Hired..." [NSFW]


Rich CEO Creeps of America: Please Contact Me. I Will Happily Watch You Shower for a Career Boost


"She" - The Relentless Gendering of Sexual Assault Victims as Female


Explaining Capitalism to an Alien


Bill Maher Just Made An Airtight Liberal Case Against Gun Control


ObamaCare and Health Insurance: The Worst Scam Ever [NSFW]


Trump and DACA


Can I Please Get a "Korean Lives Matter!" on Some Facebook and Twitter Feeds Right About Now?


What (Really) Happened (in memes)


100 Great Anti-War Quotes


Donald Trump Has Crossed The Line
From Entertaining to Dangerously
Out of Touch for Someone in His Position



Libertarianism, The Alt Right, and The Real Racists in Politics


An Open Letter to The White Supremacists


How to Stop a Blood Feud


Is The Eclipse A Message From God?


Capitalism's Characteristics: Why Capitalism Is Good


Law Professor: Congress Must Act On Sexbot Industry


Latest News on North Korea, a Libertarian Perspective


The Reason Why