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privatisation (Read 27770 times)
Dnarever
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Re: privatisation
Reply #255 - Jun 6th, 2022 at 12:29am
 
freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.
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Grappler Truth Teller Feller
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Re: privatisation
Reply #256 - Jun 6th, 2022 at 12:31am
 
freediver wrote on Jun 5th, 2022 at 9:30pm:
Grappler Truth Teller Feller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???
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Ajax
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Re: Modern Monetary Theory (MMT)
Reply #257 - Jun 6th, 2022 at 1:45am
 
freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.


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« Last Edit: Jun 6th, 2022 at 1:51am by Ajax »  

1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
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Gnads
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Re: privatisation
Reply #258 - Jun 6th, 2022 at 7:03am
 
Grappler Truth Teller Feller wrote on Jun 6th, 2022 at 12:31am:
freediver wrote on Jun 5th, 2022 at 9:30pm:
Grappler Truth Teller Feller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest



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Gnads
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Re: Modern Monetary Theory (MMT)
Reply #259 - Jun 6th, 2022 at 7:04am
 
Ajax wrote on Jun 6th, 2022 at 1:45am:
freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.




About sums it up
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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Grappler Truth Teller Feller
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Re: privatisation
Reply #260 - Jun 6th, 2022 at 10:45am
 
Gnads wrote on Jun 6th, 2022 at 7:03am:
Grappler Truth Teller Feller wrote on Jun 6th, 2022 at 12:31am:
freediver wrote on Jun 5th, 2022 at 9:30pm:
Grappler Truth Teller Feller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest






No, no, no - I meant food is cheaper when fuel costs are lower... just my way of speaking... meaning we need to diversify away from addiction to this mythical and self-serving to a few profiteers 'global economy' that is ruining nations, peoples, and the world.

I know the price of diesel - got a diesel Terr'uh'tree meself... goes great with Nulon added to oil  and diesel power added to fuel etc, and about 8.3/100km (AWD has lower diff ratios) but even so - trips to doctors and such ... brrrrr...

Got a set of King springs arriving today... found in the past with diesel vans that they are less fuel costly with good suspension and handling, less throttle changing needed and faster overall per unit of fuel.  Also ride is better for the disabled old girl... only cost me $400 and now a broken back to fit them.
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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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Dnarever
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Re: privatisation
Reply #261 - Jun 6th, 2022 at 11:20am
 
freediver wrote on Jun 5th, 2022 at 9:30pm:
Grappler Truth Teller Feller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


All of the above and plenty more.

Essential services should be provided by government when practical to do so.

Essential product availability should be protected by government but privately provided (not essential) in many cases.
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Dnarever
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Re: privatisation
Reply #262 - Jun 6th, 2022 at 11:23am
 
Gnads wrote on Jun 6th, 2022 at 7:03am:
Grappler Truth Teller Feller wrote on Jun 6th, 2022 at 12:31am:
freediver wrote on Jun 5th, 2022 at 9:30pm:
Grappler Truth Teller Feller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest




What percentage of this is genuinely cost related and how much is just profiteering ? (just because they can and have an excuse to get away with it).
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Captain Caveman
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Re: Modern Monetary Theory (MMT)
Reply #263 - Jun 6th, 2022 at 3:07pm
 
Ajax wrote on Jun 6th, 2022 at 1:45am:
freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.






Great post.



To add...
Our government is also a corporation.
We, as free humans, have the right to walk away from any corporation dealings.
I never signed a thing to say that I will abide by any corporation and their workplace rules

That's all the laws can be now, work place rules and terms of employment.
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thegreatdivide
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Re: privatisation
Reply #264 - Jun 6th, 2022 at 4:00pm
 
freediver wrote on Jun 5th, 2022 at 6:25pm:
Market failures and essential services. On what basis do you think we should be deciding whether an industry should be run by the government or privately? You seemed to be arguing both are the reason.


Correct. Market failure in the non-essential/discretionary sector need not be a concern of government (though it may be). 
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« Last Edit: Jun 6th, 2022 at 4:12pm by thegreatdivide »  
 
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Re: privatisation
Reply #265 - Jun 6th, 2022 at 4:08pm
 
Jasin wrote on Jun 5th, 2022 at 9:24pm:
The Government owns everyone's Private Parts.
No wonder the domestic population growth here is so slow like a snail trail from a legless woman.


You have it back to front.  Multinational corporations and private financiers  "own everyone's Private Parts".

Government is forced to tax from reluctant citizens (like you), and/or borrow from private financiers.   
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Re: Modern Monetary Theory (MMT)
Reply #266 - Jun 7th, 2022 at 4:12pm
 
Ajax wrote on Jun 6th, 2022 at 1:45am:
freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??


Lack of a valid reason for them to be running them. If the government ran everything, we would be lining up for bread in a communist state.

Quote:
They ran them in the past


Historical accident is not a rational justification.

Dnarever wrote on Jun 6th, 2022 at 12:29am:
freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.


That is only an argument for selling it for 20% more.

If you bake a cake and burn it to a crisp, do you insist that is a good reason for getting the government to bake all cakes in the future?
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Re: Modern Monetary Theory (MMT)
Reply #267 - Jun 7th, 2022 at 6:35pm
 
freediver wrote on Jun 7th, 2022 at 4:12pm:
Ajax wrote on Jun 6th, 2022 at 1:45am:
freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??


Lack of a valid reason for them to be running them. If the government ran everything, we would be lining up for bread in a communist state.

Quote:
They ran them in the past


Historical accident is not a rational justification.

Dnarever wrote on Jun 6th, 2022 at 12:29am:
freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.


That is only an argument for selling it for 20% more.

If you bake a cake and burn it to a crisp, do you insist that is a good reason for getting the government to bake all cakes in the future?



You should have stopped there.

No one has said that the govt. should "run everything".

Essential services like electricity, water & public transport should be in govt hands.

Greedy corporations should have no hand in it.

And as has been stated before by many here .....

there has not been one former govt owned public utility state or Federal that has been privatised that has resulted in lower prices for consumers.

Your competition theory is full of holes.

It's more like price fixing collusion that has occurred .... on the way up.
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Re: privatisation
Reply #268 - Jun 7th, 2022 at 7:48pm
 
Quote:
Essential services like electricity, water & public transport should be in govt hands.


Yet you cannot explain why. Why is providing food not an essential service, but providing electricity is? Simply listing the products and services you think the government should run is not an explanation, even if you arbitrarily label them "essential". It is just you confusing an accident of history with a rational argument.
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Re: privatisation
Reply #269 - Jun 7th, 2022 at 11:43pm
 
freediver wrote on Jun 7th, 2022 at 7:48pm:
Why is providing food not an essential service, but providing electricity is? Simply listing the products and services you think the government should run is not an explanation, even if you arbitrarily label them "essential". It is just you confusing an accident of history with a rational argument.


Essential services like electricity, energy, roads, health, and education  are best provided by government monopolies, (aka 'natural monopolies') to avoid profit gouging by private companies, leading to market failure (which we are currently seeing with the Oz gas market).   

On the other hand, food and house producers face competition in local markets which restricts monopolization and price gouging, hence private sector  market efficiencies will operate as intended.   

So we can differentiate between 'essential services', on the basis of ability to monopolize the market, or the existence of a natural monopoly (eg the NBN) , to determine which services should be in government hands.   
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« Last Edit: Jun 8th, 2022 at 12:15am by thegreatdivide »  
 
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