It seems quite biased to claim the private sector is the only provider of goods and services in a society. In my home country the provide quite a lot of services: health care, education, child care, police, fire fighters etc.

And to be pedantic, the Soviet Union is an example of the ability to provide good and services entirely without a private sector.

Even in Norway the public sector has its own incomes. It does not rely exclusively on taxes as e.g. the Norwegian government has a vast soverign wealth fund, and ownership in a number of companies bringing in profits.

A mixed economy like China has substantial amount of public sector companies.

Geek dad, living in Oslo, Norway with passion for UX, Julia programming, science, teaching, reading and writing.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store