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privatisation (Read 27671 times)
Ajax
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Re: privatisation
Reply #390 - Jul 12th, 2023 at 11:48am
 
thegreatdivide wrote on Jul 12th, 2023 at 11:26am:
Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.



Correct; you'll love this video (!)

https://www.youtube.com/watch?v=gqFPhsO-2W0



loved it.... Cool
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Ajax
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Re: privatisation
Reply #391 - Jul 12th, 2023 at 11:49am
 
wake up Australia...BUT WHEN...?
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Grappler Truth Teller Feller
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Re: privatisation
Reply #392 - Jul 12th, 2023 at 2:20pm
 
Told yez all so years ago - you sat back and let it happen while shooting at the messenger - but then - few of you are here for genuine reasons anyway..
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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.”
― John Adams
 
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Grappler Truth Teller Feller
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Re: privatisation
Reply #393 - Jul 12th, 2023 at 2:24pm
 
Ajax wrote on Jul 12th, 2023 at 11:48am:
thegreatdivide wrote on Jul 12th, 2023 at 11:26am:
Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.



Correct; you'll love this video (!)

https://www.youtube.com/watch?v=gqFPhsO-2W0


Good writers and she does a great job...


loved it.... Cool

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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.”
― John Adams
 
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Dnarever
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Re: privatisation
Reply #394 - Jul 12th, 2023 at 5:58pm
 
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.
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Dnarever
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Re: privatisation
Reply #395 - Jul 12th, 2023 at 5:59pm
 
.
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thegreatdivide
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Re: privatisation
Reply #396 - Jul 12th, 2023 at 6:14pm
 
Dnarever wrote on Jul 12th, 2023 at 5:58pm:
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.
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« Last Edit: Jul 12th, 2023 at 6:20pm by thegreatdivide »  
 
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thegreatdivide
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Re: privatisation
Reply #397 - Jul 12th, 2023 at 6:15pm
 
.
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Dnarever
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Re: privatisation
Reply #398 - Jul 12th, 2023 at 6:41pm
 
thegreatdivide wrote on Jul 12th, 2023 at 6:14pm:
Dnarever wrote on Jul 12th, 2023 at 5:58pm:
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.


Quote:
by [b]reducing taxation


I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.
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Dnarever
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Re: privatisation
Reply #399 - Jul 12th, 2023 at 6:42pm
 
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freediver
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Re: privatisation
Reply #400 - Jul 13th, 2023 at 7:33am
 
Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.



I always thought the benefit of electricity was being able to turn the lights on, not the joy of sending your money to the government to pay for it.

https://en.wikipedia.org/wiki/Energy_policy_of_Australia

The Commission of Enquiry into Electricity Generation Planning in New South Wales was established, reporting in mid-1985. This was the first independent enquiry directed from outside the industry into the Australian electricity system. It found, among other matters, that existing power stations were very inefficient, that plans for four new stations, worth then about $12 billion, should be abandoned, and that if the sector were restructured there should be sufficient capacity for normal purposes until the early years of the 21st century. This forecast was achieved.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Grappler Truth Teller Feller
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Re: privatisation
Reply #401 - Jul 13th, 2023 at 8:42am
 
Dnarever wrote on Jul 12th, 2023 at 5:58pm:
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!!  And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins. The Great Back-Stop that the government would never allow such a disaster to its people is a fool's errand... no government in the history of this nation has EVER stopped one single issue that adversely affects its majority people - in reality they have done the direct opposite - and always splits them up so some get cash and money is power and then the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them...

I will again be saying:-  "I TOLD YOU SO!"

You all must move to revolution instantly at your next election or you are all lost... I cannot be here forever holding your foolish empty-headed hands...

It's nothing they say in Perth - pay the Abocorp forced on you two grand to look at your proposed post hole in the field racked over with ploughs for 150 years so there's a good 99.9999999% of f
u
ck-all Abo 'heritage' that could ever be found - and just forget that farmer will pass the prices and costs on to you housos in Perth who imagine Labor is your Big Brother... and that'll be $2000 free money for every projected post hole thanks.... and no arguments...
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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.”
― John Adams
 
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thegreatdivide
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Re: privatisation
Reply #402 - Jul 13th, 2023 at 1:58pm
 
Dnarever wrote on Jul 12th, 2023 at 6:41pm:
thegreatdivide wrote on Jul 12th, 2023 at 6:14pm:
Dnarever wrote on Jul 12th, 2023 at 5:58pm:
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.


Quote:
by reducing taxation


I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.


(quick google)

1. How did neoliberalism affect the economy?
Globally, the rolling out of neoliberal policies has led to a plethora of harmful socioeconomic consequences, including increased poverty, unemployment, and deterioration of income distribution (Rotarou and Sakellariou 2017; Collins et al. 2015).26 June 2019


2.  https://www.jstor.org/stable/3877849

Tax Policy in an Era of Internationalization

JSTOR
https://www.jstor.org › stable
by D Swank · 2006 · Cited by 413 —

Taxes on capital (and generally mobile, high-income earners) are progressively lowered while tax burdens on relatively immobile factors  (like wages).  etc

(Read the article; I can't copy and post it).

It's amazing you don't know tax rates on high incomes have been progressivly reduced since the 60s.

Even Labor are about to introduce the stage 3 tax cuts which will deliver $5k to people on $200K plus.
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« Last Edit: Jul 13th, 2023 at 2:08pm by thegreatdivide »  
 
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thegreatdivide
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Re: privatisation
Reply #403 - Jul 13th, 2023 at 2:04pm
 
Grappler Truth Teller Feller wrote on Jul 13th, 2023 at 8:42am:
Dnarever wrote on Jul 12th, 2023 at 5:58pm:
Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!! 


Wrong, as shown in my post which should appear when I press'send'...

Quote:
And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.


?? Hopefully the robots WILL  be moving in, and we can work progressively less hours,  with guaranteed participation for all who want work.


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thegreatdivide
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Re: privatisation
Reply #404 - Jul 13th, 2023 at 2:09pm
 
.
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