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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jacques Chitte who wrote (32408)	2/14/2011 8:32:52 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 36917

You must admit that "an opm socialist" is quite a nifty phrase though. I'm a socialist to the extent that a lot of property is communally owned and I think it's a bad idea to simply hand it over to the highest bidder of the moment in an ideological move. Managing those assets better is more important but sometimes simply selling them is the best management. A better initial approach is to invent Tradable Citizenships so that the motivation for management is better directed with people able to measure the results. I definitely wouldn't privatize "natural monopolies" only to have the new owners zoom prices up to what the market will bear and then get into a political mess of regulating prices. Just a crazy circle of regulatory waste. With Tradable Citizenships, the "natural monopoly" utility owned by the citizens would become a profit centre and they'd be okay with zooming prices to the sky. I bought Vector [electricity] shares during a privatisation, after which the government then invented a regulation that we couldn't charge what the market will bear [or even a decent return on investment] so the company decided not to invest $1billion on expansion in response to which the government whined that we should be investing our money for the future. What a load of stupid nonsense. Fortunately, those damn politicians got fired. If it was a private company doing that sort of muck they'd go to prison for fraud. Mqurice