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A publicly and privately run dairy both produce milk. That is their only similarity. The private dairy enriches only the owner, the public dairy enriches everyo
by wnight 15y ago
A publicly and privately run dairy both produce milk. That is their only similarity. The private dairy enriches only the owner, the public dairy enriches everyone.
If your only concern is buying a widget then selling your share in the widget factory doesn't seem like a bad idea - they'll keep making them. But if you're concerned about affording the widget it's a horrible idea. As soon as your cash runs out you're widget-less.
As such, and seeing as how this is pretty obvious to most everyone, privatization is theft in most people's eyes. There is no fair price when the government is selling our means of productions/resources for short-term gain. No sane person would do it, and no honest representative would do it for them.
- philwelch 15y agoYou're implying that it's never in anyone's best interest to sell ownership in a business, when wealthy, successful, well-educated and self-interested people do that every day in every stock exchange all over the world.
- wnight 15y agoYes, but rarely for a non-earning resource, unless they're short on that specific resource elsewhere. (Such as needing Vespene for an upgrade...) Selling your productive assets is economic death. Renting them out, or selling your share of non-renewable resources, might make sense.
- philwelch 15y agoA government that privatizes industry sells businesses in exchange for short term cash, and in exchange for greater long term productivity in the economy as a whole, productivity which is in turn taxed.
- gaius 15y agothe private dairy enriches only the owner, the public dairy enriches everyone That's a snappy soundbite, but the fact is in the West where we have privately-owned dairies, we don't have queues around the block for butter. Now who's enriched?
- wnight 15y agoEveryone who doesn't live in a totalitarianism. If you're sent to Siberia it doesn't matter if you owned your farm.