Should the public sector be run like a business?

SHOULD THE PUBLIC SECTOR BE RUN LIKE A BUSINESS?
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Introduction 2
Analysis and assessment 3
Conclusion 9
Bibliography 11
Introduction
In recent years, serious discussions about increasing public sector into private sector have been initiated among the social scientists. Using the term public sector and its importance to implement in private sector emerges from the national income statistics which is often considered as scientifically logical. However, the idea is still questionable.
This paper discusses the possibilities, and more importantly, the appropriateness of applying public sector into private sector as well as its effects on the society from both social and economical aspects.
Analysis and assessment
Public sector is a part of the whole national product collection which is made up of several sectors, and from a general point of view, both public sector and private sector are almost similar in this overall national product collection, making the product of economy singular. This assumption gives the idea that both public and private are equally important and productive. This makes it difficult to come to a decision about implementing public sector into private sector and justify its validity.
Government is often considered as a friendly service agency and people refer it as “our government” while talking about the services or decisions the government takes. Even the experts often refer to the term when they analyze social or economical state of the country, registering the decisions and values. Many scholars identify government as a totally different institute than any other social organization, stating that revenue and expenses are acquired by coercion instead of voluntary payment. According to Schumpeter (1942), “The theory which construes taxes on the analogy of club dues or of the purchase of the services of, say, a doctor only proves how far removed this part of the social sciences is from scientific habits of mind.”
On the contrary, people are doing things to satisfy the desires and needs of the consumers in private sector. Private sector operators and product manufactures create products to meet the requirements of the free market with the idea that the consumers will buy their products. And this is roughly the measurement of the importance of the service they offer. If a certain amount of money is spent to manufacture a specific product, the amount would be recognized as a prolific output for that product in private sector of the economy.
It is a regular fact for private sectors to adopt new technologies and innovative ideas to achieve cost saving operating efficiencies with a target to improve customer service. However, this is not a common practice among public service providers; namely, different government agencies. In fact, many of the common service practices by private sector are transferable t...