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The only unfortunate point is that its a government project.
by vrikhter 16y ago
The only unfortunate point is that its a government project.
- gridspy 16y agoThe fibre is being built by private companies operating under carefully designed govt subsidy. The main reason Govt exists is to provide services that benefit the whole country but are too "big" for the market to provide, or lack direct short term benefits. Fiber is a great place for the govt to help.
- bloodnok 16y agoI don't think you understand how things work down here. - The current government will build this at a cost to the taxpayer of (say) $300m. - The next government will sell it for $100m to raise some cash and create an effective monopoly owned by one party with a verbal contract not to screw everyone over, at least not initially. - The government after that, under pressure due to the relentless screwing of NZers by the monopoly company, will buy back the network for $600m. - The new state-owned company will hire consultants for $50m to design a new logo. The logo will resemble a puppy shitting on a Rolex. - Due to ineffective management, the company will be split up into chunks and sold for a fraction of the original cost. The chunks will immediately merge into a monopoly.
- vrikhter 16y agohaha, this is brilliant. I believe its called Corporatism? Its not quite socialism, because well like you said it'll be owned privately at some point. And its not quite capitalism, well because the government will own it at some point. The only defying factor of all of this is that in every transaction inevitably the same people will be involved making money off your money. Sometimes they'll be in government and other times they'll be in the 'private' sector.
- bloodnok 16y agoWe did it with our rail network.