From the fable:
Once you set up a government monopoly, particularly a large one, it rapidly becomes extremely difficult to control. The monopoly immediately develops its own objectives, the FIRST one being survival, so it NEVER FINISHES ITS TASK, which becomes more and more complex and expensive. It also creates interest groups; crushes incipient competition in order to protect its prestige; and develops power to influence the government, the behaviour of whole industries, and eventually the perceptions of the whole population - particularly if it's allowed to use public funds to campaign for itself. So it can waste ANY amount of taxpayers* money; FAIL to achieve the task it was designed to achieve; and waste DECADES of time in the process.
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