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> It should be pointed out that privatization of JNR involved a lot of stuff! Regional breakups, the debt load, there's so much stuff going on there that assumi
by mlindner 5y ago
> It should be pointed out that privatization of JNR involved a lot of stuff! Regional breakups, the debt load, there's so much stuff going on there that assuming that privatization happened in an orthodox way is much more succumbing to propoganda than my statement.
I don't disagree. And I'd throw in the dissolution of the JNR labor unions that were preventing mass layoffs (some half of JNR's employees were laid off in the process of privatization) also heavily helped things.
- rtpg 5y agoYeah that's a good point, union-busting is a qualitatively different strategy that is much less doable as a public institution. There's also some quantitative stuff around payment of the management class. I don't believe that you need to pay someone millions of USD for them to do a good job, but there are plenty of important jobs done by public servants that would benefit from simply paying people more and getting access to people trained up in private industry.
- fomine3 5y agoSeriously rotten union was one of a big reason for JNR privatization.