Capitalism in Action

Free markets work better for all goods. This includes ones that are typically thought of as being supplied only by the government.

According to this Bloomberg article, India’s private sector unsurprisingly does a better job building roads and power plants than the State. Now if only they would privatize the water supply.

The highly indebted Indian government hasn't the wherewithal to make a decisive improvement…
Private enterprise is playing an increasingly important role. Inadequate public spending is still a huge constraint, yet domestic non-state companies are slowly taking the lead in allocating much-needed capital to some of India's most overlooked requirements.