Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re::Re:Low Water Pressure | |
Posted by: | Anthony Waller | |
Date/Time: | 16/07/13 22:18:00 |
I agree entirely, Of course several state owned industries fell into decline because of global economic change and a shift in markets. What was wrong was the sterile atmosphere and political interference as well as unions thinking they were running the show. Lessons that have been learned by some of the emerging countries whose state run businesses are buying into other countries businesses. It would appear we still have not learned and are stuck in the privatisation model that only works for market driven industries. It certainly is not good for utilities and public services. It all gets asset stripped and silly shareholders end up selling to foreign investors for a fast buck. |