Economic Rationalism

Economic Rationalism
Economic rationalism is for some, a Darwinian philosophy-survival of the fittest-and is therefore a brutal one. It would say for example, that government at all levels cannot deliver services as efficiently as the private sector, therefore it should have had no part of Telstra-it should have been fully sold off. However if that line is held, then because the private sector is profit-driven, it follows, that there should be no Telstra service in remote and regional Australia: such services would be highly unprofitable, and to supply them would be a betrayal of the pri…