“Why doesn't private industry do EVERYTHING in the US?”
I’d love too knee jerk to the vision Ayn Rand had:
that the only things Government should be involved in are those activities which
they are supposed to do, which is wield force to
to protect the Constitution from all enemies, foreign and domestic.
If the government was limited to providing a court system
and a military which only wielded it’s power to protect U.S.
and not be a world police force, then yeah (dream on Winky)
“Some things aren't so good at making money. but they need to be done anyway.”
Anything that doesn’t make money isn’t wanted enough to be done?
OK yeah the interstate and local road system is a great thing for the government
to lord over but the education system should be privatized?
I say this due to my personal experience of sending my kid thur private school
1st thru 12th grades, I could go on for hours extolling the virtues of private educatin’
It was awesome that if a kid was a total douche he or she would be booted, heh
Sure there will always be a large portion of the proletariat that won’t take responsibility
for their children’s education, it simply wouldn’t do to have low skilled workers
being turned out by the education system, oh no wait heh heh
“some things are utterly incompatible with rational/economic self-interest that drives much of our economy.”
Name some economically irrational things? plz

We could run a thread for days on that one.
Irrational/illogical? jeebus even WoW makes money!
"…like equipping the military better."
Private defense contractors equip the military, anyone need an $800.00 hammer?
I’m OK with that, if it keeps bad guys from raping my wife and stealing my cookies.
I know Rand’s epistemology won’t work in todays world.
for Christs sake, not on a planet where most people still believe in ghosts and deities
but it doesn’t invalidate the concrete truth of the philosophy.
A mixed economy will not stay mixed for long, witness the
screaming slew rate towards State control we see today.