The myth of the greater efficiency in the private sector is one of the enduring fallacies of the politics of the right. Even the slightest glance at those areas where governments routinely outsource capital projects- defense procurement, major infrastructural projects and IT projects- there is astonishing inefficiency and it seems questionable as to how the public sector could be any less efficient.  It is an innate aspect of private companies that they need to make a profit, which is by nature an inefficiency, in that it takes resources out of any system. It is a strange thing that those who most passionately support the efficiency and effectiveness of the private sector become meek when it comes to the most important elements of public life- defense of the nation, policing the streets, educating the young. Equally when the astonishing levels of inefficiency and, frequently, incompetence that exist within the private sector come to light in the collapse of companies, be those banks or auto-giants, apparently it becomes fine for state to intervene to pick up the pieces and put things back together again.  It is equally wrong to suggest that the lack of culpability of senior managers has an impact on efficiency: the ultimate senior manager of a public service is a minister- either elected or appointed by someone who is- and is therefore accountable at the ballot box for the services provided. By contrast senior managers, in the shape of boards of directors, in the private sector seem relaxed about paying themselves huge salaries and bonuses even when their companies are running huge losses and shedding jobs: this scarcely suggests a high level of personal responsibility for success or failure.