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Description

A lot of engenuity has come out of various human endeavors over time. One system by which invention is motivated is the competition of capitalism. Thus, many people laud capitalism and private enterprise as the solution to most or all problems. We wanted to explore the motivations and science behind the management of a system that is government operated compared to a system that is privately operated to look for effects on human behavior and society. Turns out, the answers are nuanced. 

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Links and References: 
  1. https://www.economicshelp.org/blog/501/economics/advantages-of-privatisation/ 
  2. https://doi.org/10.1016/j.jpolmod.2016.04.002
  3. https://www.downsizinggovernment.org/privatization#:~:text=Railroads%2C%20airports%2C%20energy%20companies%2C,bypassed%20our%20own%20federal%20government.
  4. https://www.brookings.edu/articles/privatization-of-non-inherently-governmental-functions-why-public-private-partnerships-are-so-effective-and-so-rare-in-the-federal-government/
  5. https://news.wsu.edu/press-release/2020/09/15/privatized-prisons-lead-inmates-longer-sentences-study-finds/ 
  6. https://www.afge.org/article/do-private-prisons-really-save-us-money/#:~:text=And%20on%20top%20of%20jeopardizing,to%20federal%20and%20state%20facilities.%22 


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