Post
Topic
Board Economics
Re: Why Socialism is the key
by
yugo23
on 08/03/2016, 12:51:27 UTC

Thanks for pointing this out. You know that before privatisation electricity cost 1.5 times less where I live? You know what happened after privatisation? They fired half people working here, cut all the costs then increased the price.

The "private companies work better" is just a big fat lie. It's not true. The only things that changed after privatisation of energy in my country was a rise of prices, more unemployment and more debt for the states that's all.

Cherrypick 1 situation that we dont know anything about, I dont know the circumstances of your situation with the electricity, but it may be just because the companies are forced to deliver the electricity cheaper.

Which is kind of anti-free market, price controls and shit like that. And eventually it will end in disaster as those companies could go bankrupt if their prices are not allowed to freefloat

Please explain me how a company with no need of huge profits and no greedy shareholders taking away on average 40% of the income is not able to produce a good or service for cheaper than a private company?

And simple idea: nationalize some companies but don't create a state monopoly. Hence if private companies are so much better they'll just crush the public ones.

But the fact is that I don't know a single company that was privatized and where the privatization was a good thing. The price never dropes, the quality of service doesn't rise but sure as hell the unemployment keep growing.

Give me ONE example of a company that was privatized in a successful way.