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Holy crap indeed ... but the Australian car industry was nothing more than rent seeking anyway, so it was a good thing we stopped funding a non-utility.
by alfiedotwtf 5y ago
Holy crap indeed
... but the Australian car industry was nothing more than rent seeking anyway, so it was a good thing we stopped funding a non-utility.
- csours 5y agoDo you think there was a moment when the utility stopped, or was it a process? I'm only really familiar with the last days of the Australian car industry.
- alfiedotwtf 5y agoI never thought that Australia having a car industry as a utility. When something is not economically viable, unless the government want to run it for social benefit at a loss rather than a for-profit cost center, then it's never going to be able to sustain itself over the long run