The strongest argument for private enterprise is the function of loss.
Reprivatization is a systematic policy of using the other, nongovernmental institutions of the society of organizations for the actual “doing,” that is, the performance, operation, execution of tasks that flowed to government because the original private institution of society, the family, could not discharge them. What makes business especially appropriate for reprivatization is that, of all social institutions, it is predominately an organ of innovation. All other institutions were originally created to prevent, or at least to slow down, change. They become innovators only by necessity and most reluctantly.
Business has two advantages where ...
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