Chapter
The Role of Government and Private Companies in Providing Public Services
1:59:30 - 2:05:48 (06:18)
The government can create a safe space to provide public services, such as food stamps and free lunches for children. However, private companies like Uber and UPS can also provide emergency services, but it may create a distortion in the market.
Clips
The speaker proposes an alternative to government-controlled emergency services, like Uber for emergency response, where instead of just one police district responding, multiple nearby companies respond to the button-press to provide a safer and more effective emergency service.
1:59:30 - 2:01:39 (02:08)
Summary
The speaker proposes an alternative to government-controlled emergency services, like Uber for emergency response, where instead of just one police district responding, multiple nearby companies respond to the button-press to provide a safer and more effective emergency service. However, he acknowledges the US government’s role in representing the interests of the people on a large scale.
ChapterThe Role of Government and Private Companies in Providing Public Services
Episode#200 – Michael Malice: Totalitarianism and Anarchy
PodcastLex Fridman Podcast
The absence of government backing off from the package delivery industry in the US could result in market distortion, where established companies like UPS and FedEx can use their power to take away shares from their competitors, DHL and other couriers.
2:01:39 - 2:03:14 (01:35)
Summary
The absence of government backing off from the package delivery industry in the US could result in market distortion, where established companies like UPS and FedEx can use their power to take away shares from their competitors, DHL and other couriers. Additionally, the market needs to allow the emergence of new players like SpaceX and provide a level playing field for all players to compete efficiently.
ChapterThe Role of Government and Private Companies in Providing Public Services
Episode#200 – Michael Malice: Totalitarianism and Anarchy
PodcastLex Fridman Podcast
The effectiveness of government interventions can be debated, but examples of successful safety nets such as food stamps and free lunches for children point towards the necessity of some government involvement in society.
2:03:14 - 2:05:48 (02:34)
Summary
The effectiveness of government interventions can be debated, but examples of successful safety nets such as food stamps and free lunches for children point towards the necessity of some government involvement in society.