Wednesday, June 22, 2011

On Privatisation.


One of the Neo-liberal memes is that private is always better.
The evidence shows that in most cases it is not. Remember water in the UK.

“The private sector in NZ has been shit at building companies people want to invest in.
The crown, OTOH, has heaps of companies that people would really want to invest in.
We should sell those crown companies because the crown sux at business and the private sector is teh awesome at it.” Pay-4k-or-they-sell-our-assets-overseas

If State owned entities are capable of making enough money or have enough of a benefit to be saleable. Why sell them?


If they did not, no one would buy them anyway.

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