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http://www.ozpolitic.com/forum/YaBB.pl?num=1649572754

Message started by freediver on Apr 10th, 2022 at 4:39pm

Title: privatisation
Post by freediver on Apr 10th, 2022 at 4:39pm

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.

Title: Re: Modern Monetary Theory (MMT)
Post by wombatwoody on Apr 10th, 2022 at 6:24pm

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Then say why you think not.



Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 10th, 2022 at 7:53pm
For far more fundamental reasons - the government should not be running these businesses in the first place.

Title: Re: Modern Monetary Theory (MMT)
Post by Jovial Monk on Apr 10th, 2022 at 8:04pm
The private owners run them worse, only interested in ripping out as much money in as short a time as possible

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 10th, 2022 at 8:28pm
How do you know this?

Title: Re: Modern Monetary Theory (MMT)
Post by Jovial Monk on Apr 10th, 2022 at 8:31pm
SA, Statewide power blackout?

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 10th, 2022 at 8:36pm
What would have been done differently if it was in the government's hands?

Title: Re: Modern Monetary Theory (MMT)
Post by Ye Grappler on Apr 10th, 2022 at 10:58pm

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


Nothing except the shareholders and over-priced bosses wouldn't have been there to pay....

Title: Re: Modern Monetary Theory (MMT)
Post by Ye Grappler on Apr 10th, 2022 at 11:00pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.



Why not?  Business certainly isn't doing much of a job of it....... time to resume them.

Explain to us why government should not be in those businesses in the first place..... that's the liberal business party line, but explain it to those of us who pay for it..... ..

Why should matters of national security not be in government hands, rather than in the hands of people who can sell it to some antithetical group?

Who controls the power while the power powers you? Who runs the roads while the roads ruin you?  Who trains the trains while the trains train you to pay much more?  Who ferries the ferries while the fairies fairy you?

What if ANY of these major infrastructure items fell into the hands of a controlling group that was allied with a nation that suddenly declared war on us?

Prevention is better than cure.........

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 9:20am
Because their management is too heavily influenced by politics. If you look at the workplace culture of state owned enterprises compared to privately owned ones it is always the same thing - unproductive, unmotivated.

A competitive marketplace will deliver the goods cheaper. Ultimately, it is for the same reason why capitalist economies are so much wealthier than the communist ones. Communism gives you an idea of what happens when the government controls all the businesses. So unless there is a sound economic reason - that is, a condition that makes a market failure both inevitable and worse than the alternative of government ownership - democratic governments around the world have been steadily unloading state owned assets.

Which industries do you consider to be a matter of national security?

Title: Re: Modern Monetary Theory (MMT)
Post by Frank on Apr 11th, 2022 at 10:56am

Grappler Truth Teller wrote on Apr 10th, 2022 at 11:00pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.



Why not?  Business certainly isn't doing much of a job of it....... time to resume them.

Explain to us why government should not be in those businesses in the first place..... that's the liberal business party line, but explain it to those of us who pay for it..... ..

Why should matters of national security not be in government hands, rather than in the hands of people who can sell it to some antithetical group?

Who controls the power while the power powers you? Who runs the roads while the roads ruin you?  Who trains the trains while the trains train you to pay much more?  Who ferries the ferries while the fairies fairy you?

What if ANY of these major infrastructure items fell into the hands of a controlling group that was allied with a nation that suddenly declared war on us?

Prevention is better than cure.........



National Security
Foreign investment is important for Australia’s long term economic success, stability and prosperity.

However, risks to Australia’s national interest, particularly national security, have increased as a result of developments including rapid technological change and changes in the international security environment.

The national security test provides the Treasurer with the ability to address new and emerging national security risks from foreign investment. The national security test:

requires mandatory notification of proposed investments in national security land, interests in exploration tenements over national security land, a proposed direct investment in a national security business or starting a new national security business;

allows investments that are not notified to be ‘called‑in’ for review on national security grounds;

allows investors who choose to voluntarily notify to receive certainty from being subject to ‘call‑in’; and

provides a last resort power, which, in exceptional circumstances, permits the Treasurer to impose conditions, vary existing conditions, or, as a last resort, require the divestment of any approved investment where national security risks emerge. This power is subject to a number of safeguards.


https://firb.gov.au/national-security

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on Apr 11th, 2022 at 11:51am

freediver wrote on Apr 10th, 2022 at 8:28pm:
How do you know this?


Privatisation transfers the model of the entity away from service to profit.

When you do this on an infrastructure level, especially when there are protections for the company when things go wrong and governments willing to bail them out because they simply can't fail, it's even worse.

But we're getting way ahead of ourselves.

The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.

I know there are far more important examples of infrastructure, but take Broadband as an example.

The private ISPs put money into the most profitable areas and that was it.  Regional let alone Rural Australia was left out.  Even Telstra's billions they wanted to spend pre-NBN, it was only in profitable areas and they wanted exemptions to their minimum service obligations under legislation in return.

The private sector was never going to operate services at a loss, even if they can recoup those costs from the inner city customers, it's just not good business.  If a Government has to legislate the servicing of those unprofitable areas, what's the point of privatising?

Power, Water, Health etc, it's all the same.

There is no doubt there can be bloat when the government-run these entities, but we can learn from overseas how to manage these sorts of issues, like say Singapore.

But instead, we get told from one side of politics that the private sector can do it better but time and time again, in terms of service, that's proven to be wrong.

We know what they mean by "do it better" is actually making money.  Those services, and the people that use them (again, Power, Water, Health etc) become the commodity under these models.

Not only does the business model change from Service to Profit, but that profit comes by commoditising us and when things go wrong, because they're vital services and infrastructure, we have to pay a second time when our taxes are used to fix the problem/bail them out.

Gold Coast water was an example.  The local council had to buy back the company because costs were skyrocketing and service levels, repairs, started falling.  Water!

It should have never been privatised in the first place, but now we're left with a massive tax bill due to broken contacts that will be paid off for many many years to come.

I'm not flat out anti-privatisation, there are some use cases for it, but the notion that the private sector do it better and more efficiently and Government shouldn't run/own these entities, as a blanket statement I do not support.

Title: Re: Modern Monetary Theory (MMT)
Post by Ye Grappler on Apr 11th, 2022 at 12:34pm

Frank wrote on Apr 11th, 2022 at 10:56am:
National Security
Foreign investment is important for Australia’s long term economic success, stability and prosperity.
So our homegrowns are incompetent at it?

However, risks to Australia’s national interest, particularly national security, have increased as a result of developments including rapid technological change and changes in the international security environment.
Thus warranting that protections must be set in place.  There is a basic rule - remove the vague possibilities, then the remote probabilities, then the possibilities  - and you are left protecting against only the probable and the likely.  Interruption of energy is a high priority for any hostile group; transport may well be a remote possibility, but remove that and you lower the demand on your forces of protection.

The national security test provides the Treasurer with the ability to address new and emerging national security risks from foreign investment. The national security test:

requires mandatory notification of proposed investments in national security land, interests in exploration tenements over national security land, a proposed direct investment in a national security business or starting a new national security business;

allows investments that are not notified to be ‘called‑in’ for review on national security grounds;

allows investors who choose to voluntarily notify to receive certainty from being subject to ‘call‑in’; and

provides a last resort power, which, in exceptional circumstances, permits the Treasurer to impose conditions, vary existing conditions, or, as a last resort, require the divestment of any approved investment where national security risks emerge. This power is subject to a number of safeguards.
And you have absolute faith in a government structure that has proven it can be bought - Hong Darwin etc?  You actually TRUST government - which is historically and remains the greatest clear and present danger to security and stability and democracy?  Citing high-flown theory is fine - it is the bread on the bagel that counts.


https://firb.gov.au/national-security


Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 1:00pm

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


I am accusing you of nothing less than outright fraudulence, removing the topic of privatization from the MMT thread.

The current dysfunctional neoliberal economic system - including its current privatization ideology - is based on the current evil system of debt money issued by private financiers, all exposed on the MMT thread. 

And your removal of the reply function in your absurdly ideological post suggesting privatization is off topic on the MMT board, reveals much about the self-interested  nature of your  neoliberal economic orthodoxy, which you seem to think must be protected from an open and honest examination at all costs...

Get back to the MMT thread, and debate the issues, or be exposed as a fraud.   





Title: Re: Modern Monetary Theory (MMT)
Post by thegreatdivide on Apr 11th, 2022 at 1:02pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Ideological BS.

Have the guts to debate the issues raised on the MMT thread. 

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/new

Your debt money system is a fraud, like you, who refused to  debate the issues re  IMF debt  crippling third world countries. 

Get back to the debate, or be exposed as a blind ideological fraud, at least until you restore the reply function on post #125,  on the MMT thread.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 1:03pm
There has been no known successful privatisation in Australia.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 1:06pm

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Typically not but it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.

So it isn't always the reason but it can be.

Title: Re: Modern Monetary Theory (MMT)
Post by Dnarever on Apr 11th, 2022 at 1:12pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Government running essential services makes a huge amount of sense. It is simply the best way to do it, the best method to provide necessary services to the community.

Without the commonwealth bank in government hands the banking sector went rogue, they just do what they like.

In telecommunications Telecom Australia had the responsibility of providing the communication network required in their charter. This means that they would have just built the NBN without a decade of haggling, bad decisions and sub standard performance driving the process with the final outcome being a slow uncompetitive network by world standards.

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 1:22pm

Quote:
The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.


How does the clearest possible example of government ruining the economy by controlling all the businesses strengthen the argument for government ownership?


Quote:
Power, Water, Health etc, it's all the same.


No, they are all different. These are good examples of the different economic arguments for or against privatisation.


Quote:
I am accusing you of nothing less than outright fraudulence, removing the topic of privatization from the MMT thread.


That's nice dear.


Quote:
There has been no known successful privatisation in Australia.


How would you know if it was successful or not?


Quote:
Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.


So the infrastructure was being mismanaged by the government and this was only going to continue, and you think this is an argument for government ownership?


Quote:
Government running essential services makes a huge amount of sense.


Meaningless waffle. Is food an essential service?

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 1:24pm

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Now YOUR  thread, entitled 'privatization', has people's replies entitled under  BOTH "Modern Monetary Theory' AND 'privatization' ...

I say again: restore the reply function to post #125  in the MMT thread, or be exposed as a fraud. 

Where this was the post being debated (on the Modern Monetary Theory thread):

"It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation. The world does not have to be in poverty and conflict, it is manipulated to be that way because it serves the bankster's agenda."

..until you -  as blindly self-interested  as the banksters mentioned above -  diverted the topic to avoid an  examination of  the current evil neoliberal economic debt-money system.    

https://youtu.be/2nBPN-MKefA


Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 1:45pm

thegreatdivide wrote on Apr 11th, 2022 at 1:24pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Now YOUR  thread, entitled 'privatization', has people's replies entitled under  BOTH "Modern Monetary Theory' AND 'privatization' ...

I say again: restore the reply function to post #125  in the MMT thread, or be exposed as a fraud. 

Where this was the post being debated (on the Modern Monetary Theory thread):

"It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation. The world does not have to be in poverty and conflict, it is manipulated to be that way because it serves the bankster's agenda."

..until you -  as blindly self-interested  as the banksters mentioned above -  diverted the topic to avoid an  examination of  the current evil neoliberal economic debt-money system.    

https://youtu.be/2nBPN-MKefA


Wrong thread. This belong in conspiracy theories.

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 1:53pm

freediver wrote on Apr 11th, 2022 at 1:45pm:

thegreatdivide wrote on Apr 11th, 2022 at 1:24pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Now YOUR  thread, entitled 'privatization', has people's replies entitled under  BOTH "Modern Monetary Theory' AND 'privatization' ...

I say again: restore the reply function to post #125  in the MMT thread, or be exposed as a fraud. 

Where this was the post being debated (on the Modern Monetary Theory thread):

"It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation. The world does not have to be in poverty and conflict, it is manipulated to be that way because it serves the bankster's agenda."

..until you -  as blindly self-interested  as the banksters mentioned above -  diverted the topic to avoid an  examination of  the current evil neoliberal economic debt-money system.    

https://youtu.be/2nBPN-MKefA


Wrong thread. This belong in conspiracy theories.


No, it belongs in an examination of economic reality, including why and  how money is created,  which you are unable to confront because it undermines your delusional "freedom"/"sovereign individual rights"/"survival of the fittest" ideology. 

And in any case, you are exposed as a fraud until you reinstate the reply ("quote") function in post #125,  in the MMT thread.   

Title: Re: privatisation
Post by Bobby. on Apr 11th, 2022 at 1:55pm


Title: Re: privatisation
Post by aquascoot on Apr 11th, 2022 at 2:02pm

Bobby. wrote on Apr 11th, 2022 at 1:55pm:



very good meme

i dont blame the uber rich for doing it.

you have to blame the politicians for being their little bitches and doing their bidding.

the rich have a duty to make money for their shareholders.

the pollies should stop taking the bribes and put the brakes on

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 2:07pm

thegreatdivide wrote on Apr 11th, 2022 at 1:53pm:

freediver wrote on Apr 11th, 2022 at 1:45pm:

thegreatdivide wrote on Apr 11th, 2022 at 1:24pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Now YOUR  thread, entitled 'privatization', has people's replies entitled under  BOTH "Modern Monetary Theory' AND 'privatization' ...

I say again: restore the reply function to post #125  in the MMT thread, or be exposed as a fraud. 

Where this was the post being debated (on the Modern Monetary Theory thread):

"It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation. The world does not have to be in poverty and conflict, it is manipulated to be that way because it serves the bankster's agenda."

..until you -  as blindly self-interested  as the banksters mentioned above -  diverted the topic to avoid an  examination of  the current evil neoliberal economic debt-money system.    

https://youtu.be/2nBPN-MKefA


Wrong thread. This belong in conspiracy theories.


No, it belongs in an examination of economic reality, including why and  how money is created,  which you are unable to confront because it undermines your delusional "freedom"/"sovereign individual rights"/"survival of the fittest" ideology. 

And in any case, you are exposed as a fraud until you reinstate the reply ("quote") function in post #125,  in the MMT thread.   


FTW.

Title: Re: privatisation
Post by Bobby. on Apr 11th, 2022 at 2:11pm

aquascoot wrote on Apr 11th, 2022 at 2:02pm:

Bobby. wrote on Apr 11th, 2022 at 1:55pm:



very good meme

i dont blame the uber rich for doing it.

you have to blame the politicians for being their little bitches and doing their bidding.

the rich have a duty to make money for their shareholders.

the pollies should stop taking the bribes and put the brakes on



The average person is being shafted by Govts. and banksters.

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 2:44pm

freediver wrote on Apr 11th, 2022 at 2:07pm:
FTW.


Ladies and gentlemen, freediver happily exposes himself as a fraud, by his own admission: "FTW".   

Of course by definition, truth is irrelevant to fraudsters, which is why freediver refuses to restore the 'quote' button to post #125,  in the MMT thread. 

Title: Re: Modern Monetary Theory (MMT)
Post by Jovial Monk on Apr 11th, 2022 at 2:56pm

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 11th, 2022 at 3:00pm

Jovial Monk wrote on Apr 11th, 2022 at 2:56pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)


Who built the tower?

Title: Re: privatisation
Post by aquascoot on Apr 11th, 2022 at 4:33pm

Bobby. wrote on Apr 11th, 2022 at 2:11pm:

aquascoot wrote on Apr 11th, 2022 at 2:02pm:

Bobby. wrote on Apr 11th, 2022 at 1:55pm:



very good meme

i dont blame the uber rich for doing it.

you have to blame the politicians for being their little bitches and doing their bidding.

the rich have a duty to make money for their shareholders.

the pollies should stop taking the bribes and put the brakes on



The average person is being shafted by Govts. and banksters.


its odd they cant see it bobby.

look at the pandemic

who benefited?

amazon
facebook
netflix
pfizer
bunnings
gerry harvey
the media


big governments right or left, it doesnt matter.
they do what big tech and big corp tell them or they are out.

look at america and joe biden.
military spending is up.
we had trump saying that the USA should mind its own business.
the cia and the military industrial complex went nuts.
in comes biden


did you know biden , obama and hilary dropped more bombs then george bush?
they dropped so many , they ran out of bombs.


nancy pelosi, a so called friend of the down trodden, as woke as f**k is worth 320 million dollars.

how did she get that when her salary is 200k a year.
she brought millions worth of tesla stock just before biden announces an EV mandate.

but because she is woke, the lefties idolise her.

she is laughing so hard at those fools

Looking back at President Obama’s legacy, the Council on Foreign Relation’s Micah Zenko added up the defense department’s data on airstrikes and made a startling revelation: in 2016 alone, the Obama administration dropped at least 26,171 bombs. This means that every day last year, the US military blasted combatants or civilians overseas with 72 bombs; that’s three bombs every hour, 24 hours a day.


Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 4:51pm

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.



No, they do it to enrich the bank balances of their mates and thereby increase the party donations they get in exchange. Not to mention the job guarantees after they leave office..

Title: Re: Modern Monetary Theory (MMT)
Post by John Smith on Apr 11th, 2022 at 4:53pm

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 4:53pm

aquascoot wrote on Apr 11th, 2022 at 4:33pm:
its odd they cant see it bobby.

look at the pandemic

who benefited?

amazon
facebook
netflix
pfizer
bunnings
gerry harvey
the media


big governments right or left, it doesnt matter.
they do what big tech and big corp tell them or they are out.

look at america and joe biden.
military spending is up.
we had trump saying that the USA should mind its own business.
the cia and the military industrial complex went nuts.
in comes biden


did you know biden , obama and hilary dropped more bombs then george bush?
they dropped so many , they ran out of bombs.


nancy pelosi, a so called friend of the down trodden, as woke as f**k is worth 320 million dollars.

how did she get that when her salary is 200k a year.
she brought millions worth of tesla stock just before biden announces an EV mandate.

but because she is woke, the lefties idolise her.

she is laughing so hard at those fools

Looking back at President Obama’s legacy, the Council on Foreign Relation’s Micah Zenko added up the defense department’s data on airstrikes and made a startling revelation: in 2016 alone, the Obama administration dropped at least 26,171 bombs. This means that every day last year, the US military blasted combatants or civilians overseas with 72 bombs; that’s three bombs every hour, 24 hours a day.


Excellent post; and this current miserable state of global affairs is maintained by the current evil bankster -enforced debt-money system,  which the originator of this thread - freediver - deliberately diverted from the MMT thread, to avoid exposure of the evil of the current debt money system.

Freediver stands exposed as a fraud (even by his own admission: "FTW"): he has disabled the 'quote' button in the Modern Monetary Theory thread, in post #125.   

Title: Re: privatisation
Post by Ye Grappler on Apr 11th, 2022 at 5:33pm

John Smith wrote on Apr 11th, 2022 at 4:51pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.



No, they do it to enrich the bank balances of their mates and thereby increase the party donations they get in exchange. Not to mention the job guarantees after they leave office..



Bravissimo!!

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 11th, 2022 at 5:51pm

John Smith wrote on Apr 11th, 2022 at 4:53pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.


Ah. So if the government run the electricity grid, there would be a few backup power stations, just in case? Or a second set of power lines?

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 5:52pm

Grappler Truth Teller wrote on Apr 11th, 2022 at 5:33pm:

John Smith wrote on Apr 11th, 2022 at 4:51pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.



No, they do it to enrich the bank balances of their mates and thereby increase the party donations they get in exchange. Not to mention the job guarantees after they leave office..


Bravissimo!!


You are all missing the real culprits:

...borrowed from wombatwoody, post #124 in the MMT thread:

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/new


It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation. The world does not have to be in poverty and conflict, it is manipulated to be that way because it serves the bankster's agenda.


Politicians, like all of us,  are slaves to banksters in charge of the current evil debt-money system, which freediver is apparently determined to preserve.

That's why the upcoming Oz election amounts to a choice  of 'tweedle dee-tweedle dum'.

Useless, like all democratic elections, because the debt-money monetary system itself is evil.   

Title: Re: Modern Monetary Theory (MMT)
Post by thegreatdivide on Apr 11th, 2022 at 6:03pm

freediver wrote on Apr 11th, 2022 at 5:51pm:

John Smith wrote on Apr 11th, 2022 at 4:53pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.


Ah. So if the government run the electricity grid, there would be a few backup power stations, just in case? Or a second set of power lines?


Stupid questions from an ideological fraud ("FTW").

It's pleasing to see you are being refuted by those bothering to debate your fraudulent ideology; meanwhile the invitation to avoid you forever being exposed as a fraud remains ...by reinstating the 'quote' button in post #125 in the MMT thread. 

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 6:28pm
You have no idea what John meant do you?

That's OK, neither does John.

Title: Re: Modern Monetary Theory (MMT)
Post by Jovial Monk on Apr 11th, 2022 at 6:38pm

freediver wrote on Apr 11th, 2022 at 3:00pm:

Jovial Monk wrote on Apr 11th, 2022 at 2:56pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)


Who built the tower?

Uh, duh pwivate owna.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 6:39pm

freediver wrote on Apr 11th, 2022 at 1:22pm:

Quote:
The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.




[quote]There has been no known successful privatisation in Australia.


How would you know if it was successful or not?[/quote]


We would all know of some examples of better product, improved service a cost benefit, more effective or improvements in other metrics.

There simply are none and in fact many of there products and services have diminished in quality while increasing in cost.


Title: Re: Modern Monetary Theory (MMT)
Post by Dnarever on Apr 11th, 2022 at 6:49pm

John Smith wrote on Apr 11th, 2022 at 4:53pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.


Preventative maintenance may have been done to reduce the amount of failure and staffing levels would have been appropriate to allow a more reasonable restoration time. Profits would not have all gone to shareholders, wages may have been sufficient to attract and keep the right people and then Profit may have gone into consolidated revenue to help in keeping taxes lower and the budget more healthy.

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Apr 11th, 2022 at 7:01pm

Jovial Monk wrote on Apr 11th, 2022 at 6:38pm:

freediver wrote on Apr 11th, 2022 at 3:00pm:

Jovial Monk wrote on Apr 11th, 2022 at 2:56pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)


Who built the tower?

Uh, duh pwivate owna.


How do you know?


Dnarever wrote on Apr 11th, 2022 at 6:39pm:

freediver wrote on Apr 11th, 2022 at 1:22pm:

Quote:
The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.




[quote]There has been no known successful privatisation in Australia.


How would you know if it was successful or not?



We would all know of some examples of better product, improved service a cost benefit, more effective or improvements in other metrics.

There simply are none and in fact many of there products and services have diminished in quality while increasing in cost.

[/quote]

In other words, you have no idea at all, and do not even know how to find out. You are just parroting union propaganda.

Title: Re: privatisation
Post by Jovial Monk on Apr 11th, 2022 at 7:07pm
Because no reputable public utility would do such shoddy work. Because statements were made to that effect—all four feet should have been encased in a thick pad of concrete, not something you or I would do to secure a gatepost.

Maybe you should take the time and read up about that state-wide blackout?

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 7:11pm

Jovial Monk wrote on Apr 11th, 2022 at 7:07pm:
Because no reputable public utility would do such shoddy work. Because statements were made to that effect—all four feet should have been encased in a thick pad of concrete, not something you or I would do to secure a gatepost.

Maybe you should take the time and read up about that state-wide blackout?


I read that it was a once in 50 year storm. I grew with publicly owned electricity grids and blackouts happened after regular storms.

Title: Re: privatisation
Post by Jovial Monk on Apr 11th, 2022 at 7:13pm
A storm like that. . .only blew over the el cheapo crap put up by the privatised owner.

Title: Re: privatisation
Post by Jovial Monk on Apr 11th, 2022 at 7:15pm
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 7:18pm
You are a mindless parrot, chanting empty slogans.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 7:21pm

freediver wrote on Apr 11th, 2022 at 7:11pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:07pm:
Because no reputable public utility would do such shoddy work. Because statements were made to that effect—all four feet should have been encased in a thick pad of concrete, not something you or I would do to secure a gatepost.

Maybe you should take the time and read up about that state-wide blackout?


I read that it was a once in 50 year storm. I grew with publicly owned electricity grids and blackouts happened after regular storms.


We have a once in a 100 year storm twice a year at present.

Title: Re: privatisation
Post by aquascoot on Apr 11th, 2022 at 7:54pm

Jovial Monk wrote on Apr 11th, 2022 at 7:15pm:
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!



incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.

anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.

the private company delivers or the public dont support it.

the public company has a monopoly and the workers bounce out of bed, with the aim of spending as much time as possible gossipping at the water fountain

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 8:04pm

aquascoot wrote on Apr 11th, 2022 at 7:54pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:15pm:
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!



incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.

anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.

the private company delivers or the public dont support it.

the public company has a monopoly and the workers bounce out of bed, with the aim of spending as much time as possible gossipping at the water fountain


I have worked both public and private and universally found the opposite to be true.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 8:07pm

aquascoot wrote on Apr 11th, 2022 at 7:54pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:15pm:
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!



incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.

anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.

the private company delivers or the public dont support it.

the public company has a monopoly and the workers bounce out of bed, with the aim of spending as much time as possible gossipping at the water fountain



Quote:
the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.


Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.

Title: Re: privatisation
Post by Dnarever on Apr 11th, 2022 at 8:16pm

aquascoot wrote on Apr 11th, 2022 at 7:54pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:15pm:
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!



incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.

anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.

the private company delivers or the public dont support it.

the public company has a monopoly and the workers bounce out of bed, with the aim of spending as much time as possible gossipping at the water fountain



Quote:
anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.


Untrue - Many government industries performed very well.

Public hospitals are mostly great and they along with Medicare keep the private system functioning. The Private medical system is highly subsidised by the government and Medicare as well as the government system taking on their excess load and functions that the private sector hospitals cannot.

Public schools are about the top standard with a select wealthy few able to attend the very top privates.

Privatisation in Telecommunications, banking, insurance, power etc have all been a disaster. The were all sold at a bargain basement price where the people (The owners never got value for money). Service standards dropped and cost escalated across the board. Privatisation has been an embarrassing corrupt failure in almost every case.

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 8:26pm

Quote:
Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.


Are you suggesting it is the history of an industry that should determine whether it is privatised?


Quote:
Public hospitals are mostly great and they along with Medicare keep the private system functioning. The Private medical system is highly subsidised by the government and Medicare as well as the government system taking on their excess load and functions that the private sector hospitals cannot.

Public schools are about the top standard with a select wealthy few able to attend the very top privates.

Privatisation in Telecommunications, banking, insurance, power etc have all been a disaster. The were all sold at a bargain basement price where the people (The owners never got value for money). Service standards dropped and cost escalated across the board. Privatisation has been an embarrassing corrupt failure in almost every case.


If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?

Same with health care.

All of your examples are meaningless gibberish. It is better because you say it is better, but you have obviously put no thought at all into the truth of what you are saying, or even how to identify the truth.

Take electricity for example. It is a commodity. It leaves no wiggle room for you to blurt out that public electricity is of better quality than private. All we have is price and reliability. Both easily measured. For all the endless whinging about transferring electricity production to the private sector, why has no one presented a shred of objective evidence that it is actually worse?

Title: Re: privatisation
Post by Ye Grappler on Apr 11th, 2022 at 8:50pm
In NSW EOY results a public school beat all the rest...

I get public health and it is excellent without all the payouts.

Electricity may be a commodity - but that commodity in public hands does not need to satisfy shareholders and rapacious robber barons who 'bought' it.  Price has almost trebled under 'privatisation' with a lower standard of service.

Etc, etc, etc.

A public utility does not have to feed shareholders, duplication of 'ceos' and 'board members' and staff, duplication of administration services, and anything else you can imagine.  It's called efficiency - when a staff of 50 people can handle phone calls in one public organisation - it takes 500 to answer the phones in an endless array of 'private' providers.  Add a recorded answering system that takes you nowhere and clearly service suffers.  Ever tried to get some simple information from 'Services NSW' these days?

It takes one 'ceo' to handle a public utility, and some senior staff - it takes as many 'ceos' etc as there are 'private providers.

It's an absolute no-brainer - it is not more efficient or cost effective - and the facts are there to see... so you are left ONLY with the ideological statement that government should not be in what is a national security business on behalf of the people and not of the leeches in private.

Basically it's all lies ......

P.S.  Don't bother waking Telstra The Private... I've sand-bagged around their terminal in my footpath that runs water into my yard and floods it and dug a ditch and put in a pipe at my expense to the gutter - now don't wake the council in its modern quasi-business style - the drains over the road are still clogged and if I'm flooded again as a result, hell will follow.  I also loaded up my ride on mower today and went down and cut the long grass on that T intersection that makes it dangerous because you can't bloody well see.  Thanks, council - I tried the whipper snipper but angina set in - 72 yos shouldn't be doing your pharken work.

You can stick your private enterprise model up your grass.....

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 8:52pm

Quote:
In NSW EOY results a public school beat all the rest...


Is this the exception that proves the rule? This is yet another measure on which is would be dead simple to make an objective comparison. and you throw us an anecdote.


Quote:
Electricity may be a commodity - but that commodity in public hands does not need to satisfy shareholders and rapacious robber barons who 'bought' it.


Is that your objective for whether it "works" - whether people are allowed to profit from it? Are you suggesting you would not care if it cost more and was less reliable in public hands, so long as the potential owners were worse off financially?

Title: Re: Modern Monetary Theory (MMT)
Post by John Smith on Apr 11th, 2022 at 8:53pm

freediver wrote on Apr 11th, 2022 at 5:51pm:

John Smith wrote on Apr 11th, 2022 at 4:53pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.


Ah. So if the government run the electricity grid, there would be a few backup power stations, just in case? Or a second set of power lines?


I doubt they needed either of those in SA. They just needed some back up switches.

But nevertheless, they would do whatever they needed. Unlike the private sector, it's all about the service instead of about maximising the profit

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 8:54pm

Quote:
I doubt they needed either of those in SA.


Did you not see Monk's anecdote about a pole that got blown over?

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 8:56pm

freediver wrote on Apr 11th, 2022 at 8:26pm:
If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?



because they drink the same cool aid you do.


Title: Re: privatisation
Post by Bobby. on Apr 11th, 2022 at 8:56pm

Grappler Truth Teller wrote on Apr 11th, 2022 at 8:50pm:
In NSW EOY results a public school beat all the rest...

I get public health and it is excellent without all the payouts.

Electricity may be a commodity - but that commodity in public hands does not need to satisfy shareholders and rapacious robber barons who 'bought' it.  Price has almost trebled under 'privatisation' with a lower standard of service.

Etc, etc, etc.




About 10 years ago I needed a hernia operation.
The public hospital waiting list was 18 months but
my medical insurance with HBA got me done in only 10 days.
So in that case the Govt. service was no good.

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 8:57pm

freediver wrote on Apr 11th, 2022 at 6:28pm:
You have no idea what John meant do you?

That's OK, neither does John.


You obviously have no idea what anyone means

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 8:59pm

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.


says the mindess parrot chanting 'ecomomic theory's' that has been proven to be false countless times

Title: Re: privatisation
Post by Frank on Apr 11th, 2022 at 9:02pm

John Smith wrote on Apr 11th, 2022 at 8:59pm:

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.


says the mindess parrot chanting 'ecomomic theory's' that has been proven to be false countless times

:D

FD is doing you slowly, Four Planks Gino.


Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:03pm

aquascoot wrote on Apr 11th, 2022 at 7:54pm:
incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.



Rubbish. They're not improving phones because they want to make them better for you, They're improving phones because they are trying to increase or maintain market share. If they could get away with selling you the same old nokia 5110 they were selling you decades ago, they would do it in a heartbeat.






aquascoot wrote on Apr 11th, 2022 at 7:54pm:
anything done by government is catastrophic and usually a failure.


more rubbish.



Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:05pm

Frank wrote on Apr 11th, 2022 at 9:02pm:

John Smith wrote on Apr 11th, 2022 at 8:59pm:

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.


says the mindess parrot chanting 'ecomomic theory's' that has been proven to be false countless times

:D

FD is doing you slowly, Four Planks Gino.



FD isn't even doing himself. Just because you are as clueless as FD  that doesn't make him right.

Everything that has been privatised has seen a reduction in outcome or quality. Everything. There isn't a single industry that has been privatised that has seen better outcomes for the end product.

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 9:06pm

John Smith wrote on Apr 11th, 2022 at 8:59pm:

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.


says the mindess parrot chanting 'ecomomic theory's' that has been proven to be false countless times


Wow. You really have no idea what you are on about. What economic theories do you think have been disproven?


Bobby. wrote on Apr 11th, 2022 at 8:56pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 8:50pm:
In NSW EOY results a public school beat all the rest...

I get public health and it is excellent without all the payouts.

Electricity may be a commodity - but that commodity in public hands does not need to satisfy shareholders and rapacious robber barons who 'bought' it.  Price has almost trebled under 'privatisation' with a lower standard of service.

Etc, etc, etc.




About 10 years ago I needed a hernia operation.
The public hospital waiting list was 18 months but
my medical insurance with HBA got me done in only 10 days.
So in that case the Govt. service was no good.


10 days vs 18 months.

Money talks, BS walks.


Dnarever wrote on Apr 11th, 2022 at 1:06pm:

freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


Typically not but it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.

So it isn't always the reason but it can be.


Just in case anyone has forgotten this little gem.

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:08pm

freediver wrote on Apr 11th, 2022 at 8:54pm:

Quote:
I doubt they needed either of those in SA.


Did you not see Monk's anecdote about a pole that got blown over?


Yes, and that requires neither a backup power stations or a second set of wires to prevent it happening. It just needed to be built properly instead f cheaply.  So why did you suggest them?

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:09pm

freediver wrote on Apr 11th, 2022 at 9:06pm:
What economic theories do you think have been disproven?



which one hasn't?

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 9:09pm

John Smith wrote on Apr 11th, 2022 at 9:08pm:

freediver wrote on Apr 11th, 2022 at 8:54pm:

Quote:
I doubt they needed either of those in SA.


Did you not see Monk's anecdote about a pole that got blown over?


Yes, and that requires neither a backup power stations or a second set of wires to prevent it happening. It just needed to be built properly instead f cheaply.  So why did you suggest them?


You are the one who suggested they would have had contingencies. I am not sure why it was not bleeding obvious at the time, but I was trying to guess what you meant, seeing as neither of us know.

Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 9:10pm

John Smith wrote on Apr 11th, 2022 at 9:09pm:

freediver wrote on Apr 11th, 2022 at 9:06pm:
What economic theories do you think have been disproven?



which one hasn't?


Are you asking me to guess what you meant again, because you have absolutely no idea what you are on about?

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:11pm

Bobby. wrote on Apr 11th, 2022 at 8:56pm:
So in that case the Govt. service was no good.

except for the 'govt service' that keeps the private hospital running :D

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:12pm

freediver wrote on Apr 11th, 2022 at 9:10pm:

John Smith wrote on Apr 11th, 2022 at 9:09pm:

freediver wrote on Apr 11th, 2022 at 9:06pm:
What economic theories do you think have been disproven?



which one hasn't?


Are you asking me to guess what you meant again, because you have absolutely no idea what you are on about?


No, I'm asking you to tell me what economic theory you think has proven to be true?

Title: Re: privatisation
Post by John Smith on Apr 11th, 2022 at 9:14pm

freediver wrote on Apr 11th, 2022 at 9:09pm:
You are the one who suggested they would have had contingencies..


So you automatically went for the most ridiculous contingencies you could think off? :D :D

Were you afraid that if you had suggested a reasonable contingency you would have shot down your own argument? so you had no choice but to go to ridiculous.

Title: Re: privatisation
Post by Ye Grappler on Apr 11th, 2022 at 9:16pm
180 degrees wrong - there is no need for people to make profit and thus raise prices when the whole thing was performing like a Swiss watch anyway.

You can do better than that freediver - there are endless places people can buy shares in private industry to earn a profit without ruining a perfectly good public utility for the public ... nobody is stopping them.

Title: Re: privatisation
Post by Ye Grappler on Apr 11th, 2022 at 9:17pm

John Smith wrote on Apr 11th, 2022 at 9:11pm:

Bobby. wrote on Apr 11th, 2022 at 8:56pm:
So in that case the Govt. service was no good.

except for the 'govt service' that keeps the private hospital running :D


Touche` - if they/their fund want to pay for a private hospital, let them - just not out of the public purse at the same time.  Now lessee - which way do you think they'll all jump then?

Title: Re: privatisation
Post by Bobby. on Apr 11th, 2022 at 9:25pm

John Smith wrote on Apr 11th, 2022 at 9:11pm:

Bobby. wrote on Apr 11th, 2022 at 8:56pm:
So in that case the Govt. service was no good.

except for the 'govt service' that keeps the private hospital running :D



Actually it was at a major large hospital and guess what?

The operating theater was the same one as used by the public patients.
Only the ward I was staying at was different -
my own private room and better food.

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 9:25pm

freediver wrote on Apr 11th, 2022 at 8:26pm:
Are you suggesting it is the history of an industry that should determine whether it is privatised?


Another stupid question from a self confessed fraud.


Quote:
If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?
Same with health care.


More stupid questions in a long line of stupid questions from a self-confessed  ideological fraud, only capable of asking stupid questions rather than  presenting and defending your own mindless ideology which is based on the current evil, interest bearing, debt money fraud (addressed  in the MMT thread, post #149.   


Quote:
All of your examples are meaningless gibberish.



Cor blimey...don't look in the mirror, it will break into a million pieces. 


Quote:
It is better because you say it is better, but you have obviously put no thought at all into the truth of what you are saying, or even how to identify the truth.


ROTFL, coming from you, a (self-confessed) fraudulent ideologue who has no interest in identifying the truth.

Your non-replies  to Dnarever certainly explain why the current blind-leading-the-blind democratic malaise is evident all around the globe.  (eg, France, is it the extreme Left or the extreme Right or somewhere in between, that has command of 'the truth", while the poor keep getting poorer, no matter who is in power?) 


Quote:
Take electricity for example. It is a commodity.


No, it is an essential service which should always be in public hands.

That's why SA liberal premier Sir Thomas Playford nationalized  SA's electricity grid in 1950, because the private monopoly Adelaide Electricity Co. refused to develop newly discovered cheap brown coal (in 1950), in order to preserve higher profits via higher electricity prices based on previously existing more expensive black coal reserves.  Playford dealt with that self-interest/greed  quick smart.   


Quote:
It leaves no wiggle room for you to blurt out that public electricity is of better quality than private.


Oh God, a dummy AND a self-confessed fraud. Of course electricity is electricity, whatever its source (public or private).



Quote:
All we have is price and reliability. Both easily measured.


Yes, but the source of the electricity  - renewables, or fossils, has a massive impact on prices.....which eg  the Adelaide Electricity Co refused to admit, to protect its profits when cheaper brown coal became available in SA, compared with the existing more expensive black coal preferred by the company, to protect its profits, f**k the public....   


Quote:
For all the endless whinging about transferring electricity production to the private sector, why has no one presented a shred of objective evidence that it is actually worse?


Plenty of evidence eg the massive spike in privatized gas production and subsequent electricity prices in Oz several years ago, the mother of all market failures; and the fact the world is committed to exiting fossil fuels, demanding nationalization, as it becomes clear private sector markets will not achieve the transition to renewables quickly enough.

Still not interested in extricating yourself from your current status as a self confessed fraud (by reinstating   the reply button in your post #125, in the Modern Monetary Theory thread?)

Apparently personal integrity doesn't rate in your ideology.  Pathetic.   



Title: Re: privatisation
Post by freediver on Apr 11th, 2022 at 9:44pm

John Smith wrote on Apr 11th, 2022 at 9:12pm:

freediver wrote on Apr 11th, 2022 at 9:10pm:

John Smith wrote on Apr 11th, 2022 at 9:09pm:

freediver wrote on Apr 11th, 2022 at 9:06pm:
What economic theories do you think have been disproven?



which one hasn't?


Are you asking me to guess what you meant again, because you have absolutely no idea what you are on about?


No, I'm asking you to tell me what economic theory you think has proven to be true?


You are the one who brought it up John, not me.


John Smith wrote on Apr 11th, 2022 at 8:59pm:

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.


says the mindess parrot chanting 'ecomomic theory's' that has been proven to be false countless times


Have I caught you telling lies yet again again John?

Which economic theories am I chanting? And how have they been proven false countless times?

Given that pretty much every developed country is steadily privatising assets, don't you think it is a good idea to tell them about these disproven economic theories, in case they too as basing their decisions on them?

Title: Re: privatisation
Post by thegreatdivide on Apr 11th, 2022 at 9:59pm

freediver wrote on Apr 11th, 2022 at 9:44pm:
Have I caught you telling lies yet again again John?


..this question from a self-confessed fraud!


Quote:
Given that pretty much every developed country is steadily privatising assets, don't you think it is a good idea to tell them about these disproven economic theories, in case they too as basing their decisions on them?


You aren't interested in exploring truth, you self -confessed fraud. (I just heard the words, "a hypocrite and a liar", in relation to the current election campaign; your self -admitted fraudulence shows us why those words (in quotes above) represents the standard in most democracies. 

As a matter of fact, every serious economic commentator recognizes we have a serious problem with increasing inequality and public and private indebtedness, all around the world. 

Explain how balanced budgets and increasing privatization will reverse soaring inequality, both within and between nations. 



Title: Re: privatisation
Post by Ye Grappler on Apr 11th, 2022 at 11:28pm
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.

Now - I don't know how you define efficiency - but if I left my car with the mechanic and came back to find that, without my express permission, he had installed an engine that costs three times as much to run, I would successfully sue him.

Title: Re: privatisation
Post by aquascoot on Apr 12th, 2022 at 5:12am

John Smith wrote on Apr 11th, 2022 at 9:03pm:

aquascoot wrote on Apr 11th, 2022 at 7:54pm:
incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.



Rubbish. They're not improving phones because they want to make them better for you, They're improving phones because they are trying to increase or maintain market share. If they could get away with selling you the same old nokia 5110 they were selling you decades ago, they would do it in a heartbeat.






aquascoot wrote on Apr 11th, 2022 at 7:54pm:
anything done by government is catastrophic and usually a failure.


more rubbish.



they increase market share by making them better for you, idiot  ::) ::) ::)

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 6:45am

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.



And for far more fundamental & moral reasons certain utility businesses like water & electricity generation/supply should not be in the hands of private enterprise.

It's a furphy/fallacy that only the private sector can run a business anyway.

The fact that many of our politicians come from a private sector background & often go back there after politics should be evident.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 6:46am

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



Maintenance of infrastructure assets for one.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 6:50am

freediver wrote on Apr 11th, 2022 at 9:20am:
Because their management is too heavily influenced by politics. If you look at the workplace culture of state owned enterprises compared to privately owned ones it is always the same thing - unproductive, unmotivated.

A competitive marketplace will deliver the goods cheaper. Ultimately, it is for the same reason why capitalist economies are so much wealthier than the communist ones. Communism gives you an idea of what happens when the government controls all the businesses. So unless there is a sound economic reason - that is, a condition that makes a market failure both inevitable and worse than the alternative of government ownership - democratic governments around the world have been steadily unloading state owned assets.

Which industries do you consider to be a matter of national security?

 
You complete tosser ;D

You're saying that politics wouldn't be involved when the system is being run by LNP supporting business?

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 7:01am

Frank wrote on Apr 11th, 2022 at 10:56am:

Grappler Truth Teller wrote on Apr 10th, 2022 at 11:00pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.



Why not?  Business certainly isn't doing much of a job of it....... time to resume them.

Explain to us why government should not be in those businesses in the first place..... that's the liberal business party line, but explain it to those of us who pay for it..... ..

Why should matters of national security not be in government hands, rather than in the hands of people who can sell it to some antithetical group?

Who controls the power while the power powers you? Who runs the roads while the roads ruin you?  Who trains the trains while the trains train you to pay much more?  Who ferries the ferries while the fairies fairy you?

What if ANY of these major infrastructure items fell into the hands of a controlling group that was allied with a nation that suddenly declared war on us?

Prevention is better than cure.........



National Security
Foreign investment is important for Australia’s long term economic success, stability and prosperity.

However, risks to Australia’s national interest, particularly national security, have increased as a result of developments including rapid technological change and changes in the international security environment.

The national security test provides the Treasurer with the ability to address new and emerging national security risks from foreign investment. The national security test:

requires mandatory notification of proposed investments in national security land, interests in exploration tenements over national security land, a proposed direct investment in a national security business or starting a new national security business;

allows investments that are not notified to be ‘called‑in’ for review on national security grounds;

allows investors who choose to voluntarily notify to receive certainty from being subject to ‘call‑in’; and

provides a last resort power, which, in exceptional circumstances, permits the Treasurer to impose conditions, vary existing conditions, or, as a last resort, require the divestment of any approved investment where national security risks emerge. This power is subject to a number of safeguards.


https://firb.gov.au/national-security


And for national security reasons we do not require foreign investment in essential public utilities like electricity & water supply.

Everything in it's place.... & we don't want in the current global climate countries like China controlling public essential services.

It's madness.

Furthermore we don't need to be following other nations into the massive debt traps that China/CCP have created so they can control the economy.

Much like what happened in the meat industry where our stupid policies allowed Japanese interests to acquire verticle integration in business by buying farms, buying the meat works & controlling/heavily influencing the prices at the saleyards & shipping their own beef.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:08am

freediver wrote on Apr 11th, 2022 at 1:22pm:

Quote:
The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.


How does the clearest possible example of government ruining the economy by controlling all the businesses strengthen the argument for government ownership?

[quote]Power, Water, Health etc, it's all the same.


No, they are all different. These are good examples of the different economic arguments for or against privatisation.


Quote:
I am accusing you of nothing less than outright fraudulence, removing the topic of privatization from the MMT thread.


That's nice dear.


Quote:
There has been no known successful privatisation in Australia.


How would you know if it was successful or not?


Quote:
Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.


So the infrastructure was being mismanaged by the government and this was only going to continue, and you think this is an argument for government ownership?


Quote:
Government running essential services makes a huge amount of sense.


Meaningless waffle. Is food an essential service?[/quote]

There's another lie right there ..... no one is stating anything about "ALL" buisnesses.

I believe the point of this thread is in the main about the supply & control of electricity generation ..... & water can be added to that.

As I & others have stated many a time you are twistier than 2 eels phuqing in a bucket of snot.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 7:13am

freediver wrote on Apr 11th, 2022 at 3:00pm:

Jovial Monk wrote on Apr 11th, 2022 at 2:56pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)


Who built the tower?


Private enterprise - taking shortcuts?

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 7:17am

freediver wrote on Apr 11th, 2022 at 5:51pm:

John Smith wrote on Apr 11th, 2022 at 4:53pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?



they most likely would have had some sort of contingency in place.


Ah. So if the government run the electricity grid, there would be a few backup power stations, just in case? Or a second set of power lines?


There were.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 7:20am

freediver wrote on Apr 11th, 2022 at 7:01pm:

Jovial Monk wrote on Apr 11th, 2022 at 6:38pm:

freediver wrote on Apr 11th, 2022 at 3:00pm:

Jovial Monk wrote on Apr 11th, 2022 at 2:56pm:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


A transmission tower would have had all of its “feet” in a thick pad of cement. We saw one such tower toppled that day, one of its “feet” up in the air—with like a 20L collar of cement around the base of it. That is not how such a massive tower carrying high voltage lines is anchored to the ground! There were also not enough apprentices to get power back up more quickly.

I drove from Gawler to Marion through a blacked out city, cops on duty at major intersections directing traffic with torches. Bit like the blackout in WWIi Britain (apart from car headlights. Eery.)


Who built the tower?

Uh, duh pwivate owna.


How do you know?


Dnarever wrote on Apr 11th, 2022 at 6:39pm:

freediver wrote on Apr 11th, 2022 at 1:22pm:

Quote:
The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.




[quote]There has been no known successful privatisation in Australia.


How would you know if it was successful or not?



We would all know of some examples of better product, improved service a cost benefit, more effective or improvements in other metrics.

There simply are none and in fact many of there products and services have diminished in quality while increasing in cost.


In other words, you have no idea at all, and do not even know how to find out. You are just parroting union propaganda.[/quote]

;D And as if others here don't know whose propaganda/agenda/line you are parroting.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:23am

freediver wrote on Apr 11th, 2022 at 7:11pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:07pm:
Because no reputable public utility would do such shoddy work. Because statements were made to that effect—all four feet should have been encased in a thick pad of concrete, not something you or I would do to secure a gatepost.

Maybe you should take the time and read up about that state-wide blackout?


I read that it was a once in 50 year storm. I grew with publicly owned electricity grids and blackouts happened after regular storms.


Those sort of descriptions are just excuse making BS.

And what you grew with was better maintained & repaired quicker than it is today under PE.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:26am

freediver wrote on Apr 11th, 2022 at 7:18pm:
You are a mindless parrot, chanting empty slogans.



And you have made as many empty statements in favour of PE .... NONE OF WHICH ARE TRUE.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:39am

aquascoot wrote on Apr 11th, 2022 at 7:54pm:

Jovial Monk wrote on Apr 11th, 2022 at 7:15pm:
Private owners ONLY want profit and LOTS of it and STUFF improving the privatised (sold of cheap!) asset.

Geez, you are naive FD!



incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.

anything done by government is catastrophic and usually a failure.

what do people complain about most

public hospitals, teaching standards, public housing, delays at centrelink.

the private company delivers or the public dont support it.

the public company has a monopoly and the workers bounce out of bed, with the aim of spending as much time as possible gossipping at the water fountain


Hardly comparable to the secure provision of essential services like electricity & power.

I worked for a Govt owned Railway for 38 years, they always had the best in locomotives & rollingstock ..... and knew how to run a rail business.

In 2010 the freight side of the Rail company(QR) was sold off/floated on the stock market....

it's just about rooted now -- the container freight side has again been sold off allowing 1 company Pacific National a virtual monopoly on container freight on the whole east coast/states of Australia.

A well run monopoly that QR once had in QLD was deemed not allowable for a Govt body(stupid plagiarized Hilmer Report) ..... has now been allowed to be held by private enterprise.

The ACCC is as useless as tits on a boar pig.

Look at how the NZ, Tasmanian & Victorian Govts had to take back control of their Rail companies & assets because of the failure of private enterprise ... who ran it into the ground & just packed up & left.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:41am

freediver wrote on Apr 11th, 2022 at 8:26pm:

Quote:
Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.


Are you suggesting it is the history of an industry that should determine whether it is privatised?

[quote]Public hospitals are mostly great and they along with Medicare keep the private system functioning. The Private medical system is highly subsidised by the government and Medicare as well as the government system taking on their excess load and functions that the private sector hospitals cannot.

Public schools are about the top standard with a select wealthy few able to attend the very top privates.

Privatisation in Telecommunications, banking, insurance, power etc have all been a disaster. The were all sold at a bargain basement price where the people (The owners never got value for money). Service standards dropped and cost escalated across the board. Privatisation has been an embarrassing corrupt failure in almost every case.


If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?

Same with health care.

All of your examples are meaningless gibberish. It is better because you say it is better, but you have obviously put no thought at all into the truth of what you are saying, or even how to identify the truth.

Take electricity for example. It is a commodity. It leaves no wiggle room for you to blurt out that public electricity is of better quality than private. All we have is price and reliability. Both easily measured. For all the endless whinging about transferring electricity production to the private sector, why has no one presented a shred of objective evidence that it is actually worse?[/quote]

Because they can afford to ...... & they're elitist snot nosed twerps like you.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 7:45am

freediver wrote on Apr 11th, 2022 at 9:10pm:

John Smith wrote on Apr 11th, 2022 at 9:09pm:

freediver wrote on Apr 11th, 2022 at 9:06pm:
What economic theories do you think have been disproven?



which one hasn't?


Are you asking me to guess what you meant again, because you have absolutely no idea what you are on about?



Go into politics .... you never answer a question.

Always reply with a question.

Complete dishonesty.

Title: Re: Modern Monetary Theory (MMT)
Post by thegreatdivide on Apr 12th, 2022 at 10:46am

ProudKangaroo wrote on Apr 11th, 2022 at 11:51am:

freediver wrote on Apr 10th, 2022 at 8:28pm:
How do you know this?


Privatisation transfers the model of the entity away from service to profit.

When you do this on an infrastructure level, especially when there are protections for the company when things go wrong and governments willing to bail them out because they simply can't fail, it's even worse.

But we're getting way ahead of ourselves.

The notion that the Government shouldn't run/own anything is incredibly short-sighted and is ideologically based.  Even likening it to communism only strengthens that argument.

I know there are far more important examples of infrastructure, but take Broadband as an example.

The private ISPs put money into the most profitable areas and that was it.  Regional let alone Rural Australia was left out.  Even Telstra's billions they wanted to spend pre-NBN, it was only in profitable areas and they wanted exemptions to their minimum service obligations under legislation in return.

The private sector was never going to operate services at a loss, even if they can recoup those costs from the inner city customers, it's just not good business.  If a Government has to legislate the servicing of those unprofitable areas, what's the point of privatising?

Power, Water, Health etc, it's all the same.

There is no doubt there can be bloat when the government-run these entities, but we can learn from overseas how to manage these sorts of issues, like say Singapore.

But instead, we get told from one side of politics that the private sector can do it better but time and time again, in terms of service, that's proven to be wrong.

We know what they mean by "do it better" is actually making money.  Those services, and the people that use them (again, Power, Water, Health etc) become the commodity under these models.

Not only does the business model change from Service to Profit, but that profit comes by commoditising us and when things go wrong, because they're vital services and infrastructure, we have to pay a second time when our taxes are used to fix the problem/bail them out.

Gold Coast water was an example.  The local council had to buy back the company because costs were skyrocketing and service levels, repairs, started falling.  Water!

It should have never been privatised in the first place, but now we're left with a massive tax bill due to broken contacts that will be paid off for many many years to come.

I'm not flat out anti-privatisation, there are some use cases for it, but the notion that the private sector do it better and more efficiently and Government shouldn't run/own these entities, as a blanket statement I do not support.


This excellent critique of privatization has been transferred to the Modern Monetary Theory thread, post #130.
[The MMT thread explores the reasons why governments adopted privatization as a policy choice,   and examines solutions to counter the problems associated  with privatization].

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/120#130




Title: Re: privatisation
Post by thegreatdivide on Apr 12th, 2022 at 10:48am

Gnads wrote on Apr 12th, 2022 at 7:45am:
Go into politics .... you never answer a question.

Always reply with a question.

Complete dishonesty.


Indeed, freediver is an ideological fraud by his own admission, see post #24. ....("FTW", anything to win the debate....)

Title: Re: privatisation
Post by Dnarever on Apr 12th, 2022 at 11:51am

freediver wrote on Apr 11th, 2022 at 9:06pm:

Quote:
Typically not but it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.

So it isn't always the reason but it can be.


Just in case anyone has forgotten this little gem.


One case of a justified sell off. This is the full list.

Note: this sell off was blocked - it didn't happen.

In fact this when done later by the Liberal state government they sold off Vales point power station for $1 Million. The buyer redefined the expected date to retire the plant and re valued it to $750 Million.

Yes The Liberals did in fact give their business mate a $749 million dollar discount. 2 years later the prime business man involved received an AO from the Liberal government.

Title: Re: privatisation
Post by Dnarever on Apr 12th, 2022 at 12:01pm

freediver wrote on Apr 11th, 2022 at 8:26pm:

Quote:
Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.


Are you suggesting it is the history of an industry that should determine whether it is privatised?

[quote]Public hospitals are mostly great and they along with Medicare keep the private system functioning. The Private medical system is highly subsidised by the government and Medicare as well as the government system taking on their excess load and functions that the private sector hospitals cannot.

Public schools are about the top standard with a select wealthy few able to attend the very top privates.

Privatisation in Telecommunications, banking, insurance, power etc have all been a disaster. The were all sold at a bargain basement price where the people (The owners never got value for money). Service standards dropped and cost escalated across the board. Privatisation has been an embarrassing corrupt failure in almost every case.


If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?

Same with health care.

All of your examples are meaningless gibberish. It is better because you say it is better, but you have obviously put no thought at all into the truth of what you are saying, or even how to identify the truth.

Take electricity for example. It is a commodity. It leaves no wiggle room for you to blurt out that public electricity is of better quality than private. All we have is price and reliability. Both easily measured. For all the endless whinging about transferring electricity production to the private sector, why has no one presented a shred of objective evidence that it is actually worse?[/quote]


Quote:
If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?


Well under the private only model those who cannot pay get no education. here we have a system where those who can pay to send a child to an expensive private they can but everyone is entitled to a great education. And then you find that as often as not the public schools end up leading the education standards results and receive the top grades.

Title: Re: privatisation
Post by Dnarever on Apr 12th, 2022 at 12:12pm

Bobby. wrote on Apr 11th, 2022 at 9:25pm:

John Smith wrote on Apr 11th, 2022 at 9:11pm:

Bobby. wrote on Apr 11th, 2022 at 8:56pm:
So in that case the Govt. service was no good.

except for the 'govt service' that keeps the private hospital running :D



Actually it was at a major large hospital and guess what?

The operating theater was the same one as used by the public patients.
Only the ward I was staying at was different -
my own private room and better food.


In my area if you go to the private hospital for an elective surgery they will be fine but if there are problems especially after hours they will organise an ambulance to get you to the public hospital where you can be treated for serious medical problems.

Title: Re: privatisation
Post by Ye Grappler on Apr 12th, 2022 at 12:13pm

Dnarever wrote on Apr 12th, 2022 at 12:01pm:

freediver wrote on Apr 11th, 2022 at 8:26pm:

Quote:
Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.


Are you suggesting it is the history of an industry that should determine whether it is privatised?

[quote]Public hospitals are mostly great and they along with Medicare keep the private system functioning. The Private medical system is highly subsidised by the government and Medicare as well as the government system taking on their excess load and functions that the private sector hospitals cannot.

Public schools are about the top standard with a select wealthy few able to attend the very top privates.

Privatisation in Telecommunications, banking, insurance, power etc have all been a disaster. The were all sold at a bargain basement price where the people (The owners never got value for money). Service standards dropped and cost escalated across the board. Privatisation has been an embarrassing corrupt failure in almost every case.


If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?

Same with health care.

All of your examples are meaningless gibberish. It is better because you say it is better, but you have obviously put no thought at all into the truth of what you are saying, or even how to identify the truth.

Take electricity for example. It is a commodity. It leaves no wiggle room for you to blurt out that public electricity is of better quality than private. All we have is price and reliability. Both easily measured. For all the endless whinging about transferring electricity production to the private sector, why has no one presented a shred of objective evidence that it is actually worse?



Quote:
If public schools are so great, why are so many people willing to pay a small fortune to buy a private education for their children and forgo what the government offers them for free?


Well under the private only model those who cannot pay get no education. here we have a system where those who can pay to send a child to an expensive private they can but everyone is entitled to a great education. And then you find that as often as not the public schools end up leading the education standards results and receive the top grades.[/quote]

... not to mention socialisation with all 'levels' of society as opposed to the Spoilt Brat sector that goes into the family business of politics etc, and have zero idea of anything of substance that affects society.

Title: Re: privatisation
Post by thegreatdivide on Apr 12th, 2022 at 1:16pm

Dnarever wrote on Apr 12th, 2022 at 11:51am:
..... it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.



Quote:
One case of a justified sell off.


The self-off of an essential public service is never justified, these should always remain in public hands, because the need for private profits means workers wages will be subject to downward pressure, and maintenance costs will be cut/avoided more than they should be. 


Quote:
Note: this sell off was blocked - it didn't happen.

In fact this when done later by the Liberal state government


Yes; and the fact the ALP ALSO thought it had to sell off this essential public service - to "raise money" - shows how useless the ALP has become, a stooge for mainstream neoliberal economic policies.

The problem being  the creation of money as debt (originally regarded as sinful - "usury"-  by the world's religions): see the discussion in Modern Monetary Theory (post #131) re the history of money creation, and how we have inherited the current debt-money system.....and why currency-issuing governments are forced to tax private citizens (which governments are increasingly unable to do) or borrow from private financiers/banksters.


Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 5:09pm

freediver wrote on Apr 11th, 2022 at 9:44pm:
Have I caught you telling lies yet again again John?

Which economic theories am I chanting? And how have they been proven false countless times?



you have no idea what you say do you? No wonder you struggle so to work out what others are saying. How can you when you don't even know what you are saying



freediver wrote on Apr 10th, 2022 at 7:53pm:
- the government should not be running these businesses in the first place.


Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 5:10pm

freediver wrote on Apr 11th, 2022 at 9:44pm:
Given that pretty much every developed country is steadily privatising assets, don't you think it is a good idea to tell them about these disproven economic theories, in case they too as basing their decisions on them?



It won't matter what I tell them. They're only interested in lining their own pockets and as long as they have fools like you to spread their lies for them, they'll continue to do so.

Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 5:14pm

Bobby. wrote on Apr 11th, 2022 at 9:25pm:

John Smith wrote on Apr 11th, 2022 at 9:11pm:

Bobby. wrote on Apr 11th, 2022 at 8:56pm:
So in that case the Govt. service was no good.

except for the 'govt service' that keeps the private hospital running :D



Actually it was at a major large hospital and guess what?

The operating theater was the same one as used by the public patients.
Only the ward I was staying at was different -
my own private room and better food.



In just about any private hospital if a patient needs emergency surgery, they'll rush you to a public hospital. Private hospitals aren't there to provide care, they are there to make a profit. There is no way they are going to pay a team of surgeons to remain on standby  24/7.

Personally I don't think public hospitals should accept patients from private hospitals ... then you'll see their whole business model collapse and the whole 'private does it better' argument would fall apart in a heartbeat.

Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 5:15pm

aquascoot wrote on Apr 12th, 2022 at 5:12am:

John Smith wrote on Apr 11th, 2022 at 9:03pm:

aquascoot wrote on Apr 11th, 2022 at 7:54pm:
incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.



Rubbish. They're not improving phones because they want to make them better for you, They're improving phones because they are trying to increase or maintain market share. If they could get away with selling you the same old nokia 5110 they were selling you decades ago, they would do it in a heartbeat.






aquascoot wrote on Apr 11th, 2022 at 7:54pm:
anything done by government is catastrophic and usually a failure.


more rubbish.



they increase market share by making them better for you, idiot  ::) ::) ::)


no, they increase market share by making it better than their competition. They don't give a bugger about ME.

Title: Re: privatisation
Post by Dnarever on Apr 12th, 2022 at 5:36pm

freediver wrote on Apr 11th, 2022 at 8:26pm:

Quote:
Nobody is saying that manufactured products should be privatised or would be done better. This is driven by profit. While there are huge problems in this type of manufacturing it is outside of this topic. None of these industries were ever public companies and there has never been any intention to privatise them.


Are you suggesting it is the history of an industry that should determine whether it is privatised?


It seems frustrating to be asked to explain the obvious, things that you obviously do know yourself.

It isn't determined by the history but the history displayed the position. There are industries that historically have been part of the competitive market most this is because it is where they belong. Things that may even benefit from competition that are not essential services or not of national importance.

Things like education, healthcare power, water that need to be supplied with little or less dedication to profits Telecommunications with monopoly issues with scale service and national security belong in public hands.

These things that belong and fit better in public hands produce risk and suffer when privatised.

Industries related to production of goods have always been private industries as they belong in the competitive market. They are not there because of the history but the are there in the history because that is where they belong. There is no case to say there would be any benefit in the nationalisation of these functions.

It would be just as ludicrous to nationalize yo-yo manufacture as it is to privatise education or power.





Title: Re: privatisation
Post by Dnarever on Apr 12th, 2022 at 5:40pm

John Smith wrote on Apr 12th, 2022 at 5:15pm:

aquascoot wrote on Apr 12th, 2022 at 5:12am:

John Smith wrote on Apr 11th, 2022 at 9:03pm:

aquascoot wrote on Apr 11th, 2022 at 7:54pm:
incorrect.


the best things that keep getting improved are made by private companies

just look at smart phones and tv's.

every year they get better and better.



Rubbish. They're not improving phones because they want to make them better for you, They're improving phones because they are trying to increase or maintain market share. If they could get away with selling you the same old nokia 5110 they were selling you decades ago, they would do it in a heartbeat.






aquascoot wrote on Apr 11th, 2022 at 7:54pm:
anything done by government is catastrophic and usually a failure.


more rubbish.



they increase market share by making them better for you, idiot  ::) ::) ::)


no, they increase market share by making it better than their competition. They don't give a bugger about ME.


Often they don't make it better they just market it better. They don't give a bugger if it is any better they just want to sell it.

I currently have a mobile phone that has a worst function of making phone calls - It is better at almost everything except what it is meant to do.

Title: Re: Modern Monetary Theory (MMT)
Post by wombatwoody on Apr 12th, 2022 at 5:42pm
I don't see how this should be off topic in such a discussion.

Anyway, back in the 90s when John Howard was delivering his sales pitch for Telstra's privatisation he said it would be of great benefit to the average mum and dad - because they could buy shares and become investors.

But who asked him this: Why buy what you already own?



Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 12th, 2022 at 5:59pm

wombatwoody wrote on Apr 12th, 2022 at 5:42pm:
I don't see how this should be off topic in such a discussion.

Anyway, back in the 90s when John Howard was delivering his sales pitch for Telstra's privatisation he said it would be of great benefit to the average mum and dad - because they could buy shares and become investors.

But who asked him this: Why buy what you already own?


Exactly..... more LNP lies to help their Boys Club mates get rich milking the masses.

Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 6:19pm

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


Quote:
And for far more fundamental & moral reasons certain utility businesses like water & electricity generation/supply should not be in the hands of private enterprise.


Do you know what the reasons are?


Quote:
It's a furphy/fallacy that only the private sector can run a business anyway.


Strawman. Even a communist government can run a business. Just not very well.


Quote:
The fact that many of our politicians come from a private sector background & often go back there after politics should be evident.


It's got nothing at all to do with the skills of the individual.


Gnads wrote on Apr 12th, 2022 at 6:46am:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


Maintenance of infrastructure assets for one.


But we just had someone pointing out that the NSW government sold off electricity assets because it "couldn't afford" to maintain them.


Gnads wrote on Apr 12th, 2022 at 6:50am:

freediver wrote on Apr 11th, 2022 at 9:20am:
Because their management is too heavily influenced by politics. If you look at the workplace culture of state owned enterprises compared to privately owned ones it is always the same thing - unproductive, unmotivated.

A competitive marketplace will deliver the goods cheaper. Ultimately, it is for the same reason why capitalist economies are so much wealthier than the communist ones. Communism gives you an idea of what happens when the government controls all the businesses. So unless there is a sound economic reason - that is, a condition that makes a market failure both inevitable and worse than the alternative of government ownership - democratic governments around the world have been steadily unloading state owned assets.

Which industries do you consider to be a matter of national security?

 
You complete tosser ;D

You're saying that politics wouldn't be involved when the system is being run by LNP supporting business?


Yes. People tend to run their businesses to make money.


Quote:
And for national security reasons we do not require foreign investment in essential public utilities like electricity & water supply.


;D

You think the water supply is a national security issue?


Quote:
Because they can afford to ...... & they're elitist snot nosed twerps like you.


Another lie. Most of them struggle to come up with the money.


Quote:
Well under the private only model those who cannot pay get no education.


Youa re missing the point DNA.


Quote:
And then you find that as often as not the public schools end up leading the education standards results and receive the top grades.


So the parrots keep mindlessly chanting. But where is the evidence?


Quote:
It seems frustrating to be asked to explain the obvious, things that you obviously do know yourself.
It isn't determined by the history but the history displayed the position. There are industries that historically have been part of the competitive market most this is because it is where they belong. Things that may even benefit from competition that are not essential services or not of national importance.


So how do you know where they belong?


Quote:
It would be just as ludicrous to nationalize yo-yo manufacture as it is to privatise education or power.


And yet you cannot explain why.

Title: Re: privatisation
Post by Gnads on Apr 12th, 2022 at 6:30pm

freediver wrote on Apr 12th, 2022 at 6:19pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


It happens to be true. Don't know what world you're living in.

Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 6:31pm

Gnads wrote on Apr 12th, 2022 at 6:30pm:

freediver wrote on Apr 12th, 2022 at 6:19pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


It happens to be true. Don't know what world you're living in.


This isn't a religion Gnads. You need evidence. No matter how strongly you believe it yourself.

Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 7:16pm

freediver wrote on Apr 12th, 2022 at 6:31pm:

Gnads wrote on Apr 12th, 2022 at 6:30pm:

freediver wrote on Apr 12th, 2022 at 6:19pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


It happens to be true. Don't know what world you're living in.


This isn't a religion Gnads. You need evidence. No matter how strongly you believe it yourself.


The same could be said off you. SO far you haven't provided any evidence that private education provides better results. Nothing. You could prove private education provides better results just as easily as they can the other way. It's the same web sites. Instead you just make the same dumb comments repeatedly and demand others prove you wrong.

Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 7:25pm

Quote:
SO far you haven't provided any evidence that private education provides better results.


Sure I have. The fact that so many people are willing to pay so much for it.

Money talks, BS walks.


Quote:
every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service


This is both an absurd statement, and one that is easy to back up with evidence. So far the only evidence we have is Monk driving past a power pole that had blown over, and hearing somewhere it was built privately, and the NSW government not being able to afford to maintain electricity infrastructure.

Title: Re: Modern Monetary Theory (MMT)
Post by Lisa Ross on Apr 12th, 2022 at 7:36pm

Gnads wrote on Apr 12th, 2022 at 5:59pm:

wombatwoody wrote on Apr 12th, 2022 at 5:42pm:
I don't see how this should be off topic in such a discussion.

Anyway, back in the 90s when John Howard was delivering his sales pitch for Telstra's privatisation he said it would be of great benefit to the average mum and dad - because they could buy shares and become investors.

But who asked him this:Why buy what you already own?


Exactly..... more LNP lies to help their Boys Club mates get rich milking the masses.


Ahem.

While privatisation is supported by neoliberal ideology that stipulates less government intervention in the economy, Australia's history of privatisation was initiated under a Labor government, which appears to defy Labor Party policy objectives.

However, during the Hawke-Keating years, there were attempts to remove the ideological underpinnings of the debate on privatisation, as the approach taken by the government was "more about a pragmatic choice" to modernise and open the economy to international markets. Prime Minister Hawke said, "The difference between us will be one of ideology. That will distinguish us from the opposition (Liberals)."

Hawke was rebuking the charge that Labor had abandoned its commitments to public ownership and enterprise, while highlighting the need for economic rationalism in order to address pressing economic problems.

https://en.m.wikipedia.org/wiki/Privatisation_in_Australia

Title: Re: privatisation
Post by Baronvonrort on Apr 12th, 2022 at 8:32pm

Dnarever wrote on Apr 12th, 2022 at 11:51am:

freediver wrote on Apr 11th, 2022 at 9:06pm:

Quote:
Typically not but it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.

So it isn't always the reason but it can be.


Just in case anyone has forgotten this little gem.


One case of a justified sell off.


Amusing how those against privatisation are all for getting solar panels and a battery.

I guess privatisation is only bad sometimes.  :)

Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 8:33pm
Is Labor still committed to public ownership? It is hard to find a clear answer.

https://www.abc.net.au/news/2017-09-20/fact-check3a-are-labor27s-policies-socialist3f/8948552


Quote:
The Australian Labor Party's national platform has long included an objective of "democratic socialism" along these lines "to the extent necessary", but it is not reflected in the party's current policies.

Labor is not proposing nationalisation of Australian industries.

Title: Re: privatisation
Post by Baronvonrort on Apr 12th, 2022 at 8:45pm

freediver wrote on Apr 12th, 2022 at 7:25pm:

Quote:
SO far you haven't provided any evidence that private education provides better results.


Sure I have. The fact that so many people are willing to pay so much for it.

Money talks, BS walks.


In NSW we only have 2 government non selective high schools in the top 100 schools.

Willoughby Girls High school is highest ranked at 65th that area has large Asian population.

A government selective high school only takes bright kids these schools do well because they don't admit dim wits.The kids sit a test in 6th grade to qualify for a selective high school. The high school i went to is ranked 2nd best in NSW.

10 private schools are ranked in the top 21 high schools.

https://www.matrix.edu.au/high-school-rankings/2021-high-school-rankings/

If your offspring aren't smart enough to get into selective high school then private schools have better results compared to non selective government schools.



Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 8:48pm

Quote:
In NSW we only have 2 government non selective high schools in the top 100 schools.


That seems rather different to the chants coming from the mindless parrots.

Title: Re: privatisation
Post by John Smith on Apr 12th, 2022 at 8:56pm

freediver wrote on Apr 12th, 2022 at 7:25pm:
Sure I have. The fact that so many people are willing to pay so much for it.

Money talks, BS walks.



best you keep walking then.

Title: Re: Modern Monetary Theory (MMT)
Post by Baronvonrort on Apr 12th, 2022 at 9:11pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?





Title: Re: privatisation
Post by Lisa Ross on Apr 12th, 2022 at 9:12pm

Baronvonrort wrote on Apr 12th, 2022 at 8:45pm:

freediver wrote on Apr 12th, 2022 at 7:25pm:

Quote:
SO far you haven't provided any evidence that private education provides better results.


Sure I have. The fact that so many people are willing to pay so much for it.

Money talks, BS walks.


In NSW we only have 2 government non selective high schools in the top 100 schools.

Willoughby Girls High school is highest ranked at 65th that area has large Asian population.

A government selective high school only takes bright kids these schools do well because they don't admit dim wits.The kids sit a test in 6th grade to qualify for a selective high school. The high school i went to is ranked 2nd best in NSW.

10 private schools are ranked in the top 21 high schools.

https://www.matrix.edu.au/high-school-rankings/2021-high-school-rankings/

If your offspring aren't smart enough to get into selective high school then private schools have better results compared to non selective government schools.


Absolutely 100% with you there! IF your kids can't get into a govt owned selective school then you should get them into a private school.

(Unless of course you have a clever son who gets into Sydney Grammar - which is BOTH a selective AND a private school 😎)



Title: Re: Modern Monetary Theory (MMT)
Post by Lisa Ross on Apr 12th, 2022 at 9:16pm

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Imagine that extra billion going into health and/or aged care each year instead. Apologies... I ought to know better. Clearly my priorities need to be sorted. 😔

Title: Re: Modern Monetary Theory (MMT)
Post by Baronvonrort on Apr 12th, 2022 at 9:27pm

Lisa Jones wrote on Apr 12th, 2022 at 9:16pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Imagine that extra billion going into health and/or aged care each year instead. Apologies... I ought to know better. Clearly my priorities need to be sorted. 😔


It's costing us over a billion dollars a year because the luvvies don't want to see any ads.





Title: Re: privatisation
Post by freediver on Apr 12th, 2022 at 9:29pm
Free to air TV is already obsolete. SBS and ABC are turning into just another netflix. Except they still show ads. I refuse to watch it, even though it is free. And no, I cannot be bothered upgrading my ad blockers every 20 minutes to keep up with them.

Title: Re: Modern Monetary Theory (MMT)
Post by Lisa Ross on Apr 12th, 2022 at 10:19pm

Baronvonrort wrote on Apr 12th, 2022 at 9:27pm:

Lisa Jones wrote on Apr 12th, 2022 at 9:16pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Imagine that extra billion going into health and/or aged care each year instead. Apologies... I ought to know better. Clearly my priorities need to be sorted. 😔


It's costing us over a billion dollars a year because the luvvies don't want to see any ads.


Just finished double checking that figure.

It's receiving over a billion a year in funding from Scomo.

I tell you what I'd be doing post haste if I was the PM ... I'd slash the ABC's budget by 50%. That half a billion dollars per year would be re directed into aged care. That's where the need is. I've gone to great lengths to explain that aged care isn't just about our baby boomer parents. It affects all of us. Especially those of us who are Gen X and Gen Y. We're picking up the pieces of a broke aged care system which needs to be seriously addressed. We just have to find money for aged care. It's an emergency. Now more than ever. Each and every year more baby boomers are turning up and being told to wait at the end of a ridiculous queue for an aged care package/remedial assistance etc. Some are dying whilst waiting in that queue.

Nope! Cut back anywhere/everywhere possible I say!

1. ABC - discussed above.

2. Jobseeker payments. Not a cent more must be given! If anyone on Jobseeker isn't able to survive on it then go get SOME job! Unemployment is 4% AND tipped to fall to 3.5% by the end of the year. There's no excuse! These unemployment figures haven't been seen for over 15 years!

3. All state and federal govt departments need to be looked at afresh. Cut staff back by 10%! And why not? It's happening right across private enterprises! Why should govt departments be exempt?

4. Every single Australian politician needs to reflect on a very long overdue question : Why aren't THEY leading by example? The wages of workers they're happy to tax aren't keeping up with CPI yet the wages of politicians automatically increase irrespective of what the rest of us are going through. Nope .. if politicians want to talk the talk that's fine but only if they themselves walk the walk. That means their wages need to stop sprinting and start walking instead.

It's easy to TALK about a fair go. Words are cheap. No one is prepared to be fair dinkum about it. Our politicians should be setting examples not seeking exemptions. i

Title: Re: privatisation
Post by Ye Grappler on Apr 12th, 2022 at 11:44pm
YEAH!!!!  Let the bastards all turn to crime and underworld activities like trafficking their daughters etc!  Let's create a solid underworld complete with inroads into the cops (bought) and politicians (bought) and so forth so as to advance criminality and organised crime as the only way of life available!

If they can't get by in a parasite society - they can just be the BEST parasites!!

Title: Re: privatisation
Post by Ye Grappler on Apr 12th, 2022 at 11:46pm

freediver wrote on Apr 12th, 2022 at 9:29pm:
Free to air TV is already obsolete. SBS and ABC are turning into just another netflix. Except they still show ads. I refuse to watch it, even though it is free. And no, I cannot be bothered upgrading my ad blockers every 20 minutes to keep up with them.



Jesus Christ - not the benefits of privatisation again........ get out a bit, freed......

My ad blocker never fails... what's wrong with yours?

Title: Re: Modern Monetary Theory (MMT)
Post by Ye Grappler on Apr 12th, 2022 at 11:47pm

Baronvonrort wrote on Apr 12th, 2022 at 9:27pm:

Lisa Jones wrote on Apr 12th, 2022 at 9:16pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Imagine that extra billion going into health and/or aged care each year instead. Apologies... I ought to know better. Clearly my priorities need to be sorted. 😔


It's costing us over a billion dollars a year because the luvvies don't want to see any ads.


Government has no place in business!  Business has no place in government.................................... NONE!

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on Apr 13th, 2022 at 12:21am

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


You're assuming the ABCs charter is to make money.

It's not, it's to provide a service.

If it's privatised all the biggest "loss" services will go, including new and radio that saves lives during emergencies and provides regional and rural Australia with news and information.

All the international services will go which helps bring the attention to Australia boosting many local markets, not just tourism.

If, like Telstra, the government legislate service obligations to these services and areas there will be demands of handouts for subsidies.

What's the point in privatising it in that case?

And would a privatised ABC still be bound by their charter, you know the one that required honesty in reporting which time and time again, investigation after investigation has shown to be fair, balanced and of the highest integrity?

If whoever buys it cannot control the narrative to further their own agenda, like Skynews, are unable to advertise and have to follow the Principles and Standards the ABC is currently bound to, nobody will buy it anyway...

Unless the ABC is destroyed it's not a profitable service.

And despite the slow shift to the right, that's the entire point of the notion of privatising the ABC, to destroy it because those who pull the strings of the conservative parties demand it, and the sheep are all to eager to follow orders.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 8:13am
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.

Title: Re: privatisation
Post by SadKangaroo on Apr 13th, 2022 at 9:08am

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


You want to accuse me of being brainwashed, yet the "propaganda" you speak of is nothing but reporting of both sides.

You're so used to what you get from the likes of SkyNews that the ABC, sticking to their charter, is considered "propaganda" to you.

Just shows how far right you've gone without even realising it friend.

Each time the Libs hold enquires into the ABC, other than the last one that was not finished, they all come to the same conclusion, the ABC has abided by their charter and are not in fact a propaganda outlet.

Go look it up...

Facts over feelings mate.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 9:52am

freediver wrote on Apr 12th, 2022 at 6:19pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


Quote:
And for far more fundamental & moral reasons certain utility businesses like water & electricity generation/supply should not be in the hands of private enterprise.


Do you know what the reasons are?

[quote]It's a furphy/fallacy that only the private sector can run a business anyway.


Strawman. Even a communist government can run a business. Just not very well.


Quote:
The fact that many of our politicians come from a private sector background & often go back there after politics should be evident.


It's got nothing at all to do with the skills of the individual.


Gnads wrote on Apr 12th, 2022 at 6:46am:

freediver wrote on Apr 10th, 2022 at 8:36pm:
What would have been done differently if it was in the government's hands?


Maintenance of infrastructure assets for one.


But we just had someone pointing out that the NSW government sold off electricity assets because it "couldn't afford" to maintain them.


Gnads wrote on Apr 12th, 2022 at 6:50am:

freediver wrote on Apr 11th, 2022 at 9:20am:
Because their management is too heavily influenced by politics. If you look at the workplace culture of state owned enterprises compared to privately owned ones it is always the same thing - unproductive, unmotivated.

A competitive marketplace will deliver the goods cheaper. Ultimately, it is for the same reason why capitalist economies are so much wealthier than the communist ones. Communism gives you an idea of what happens when the government controls all the businesses. So unless there is a sound economic reason - that is, a condition that makes a market failure both inevitable and worse than the alternative of government ownership - democratic governments around the world have been steadily unloading state owned assets.

Which industries do you consider to be a matter of national security?

 
You complete tosser ;D

You're saying that politics wouldn't be involved when the system is being run by LNP supporting business?


Yes. People tend to run their businesses to make money.


Quote:
And for national security reasons we do not require foreign investment in essential public utilities like electricity & water supply.


;D

You think the water supply is a national security issue?


Quote:
Because they can afford to ...... & they're elitist snot nosed twerps like you.


Another lie. Most of them struggle to come up with the money.


Quote:
Well under the private only model those who cannot pay get no education.


Youa re missing the point DNA.


Quote:
And then you find that as often as not the public schools end up leading the education standards results and receive the top grades.


So the parrots keep mindlessly chanting. But where is the evidence?


Quote:
It seems frustrating to be asked to explain the obvious, things that you obviously do know yourself.
It isn't determined by the history but the history displayed the position. There are industries that historically have been part of the competitive market most this is because it is where they belong. Things that may even benefit from competition that are not essential services or not of national importance.


So how do you know where they belong?


Quote:
It would be just as ludicrous to nationalize yo-yo manufacture as it is to privatise education or power.


And yet you cannot explain why. [/quote]

That was the excuse given by the govt of the day. It hasn't stopped any govt getting involved in spending taxpayer dollars on other things they couldn't afford.

What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.

I bet the govt. responsible was an LNP govt.

We had 2 Premiers & their govts removed in QLD for selling off or planning to sell state assets.

Bligh Labor govt & Newman LNP govt.

As for the control of our water assets being a national security concern .... why wouldn't it be?

Why did the Brits send bombers into Europe to blow up dams during WW2?

Privatisation of essential public assets has not resulted in 1 cent saved or any other benefit for taxpaying consumers.

It's a fact. 


Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 9:54am

freediver wrote on Apr 12th, 2022 at 6:31pm:

Gnads wrote on Apr 12th, 2022 at 6:30pm:

freediver wrote on Apr 12th, 2022 at 6:19pm:

Grappler Truth Teller wrote on Apr 11th, 2022 at 11:28pm:
Saying 'privatisation is good' over and over will not alter the fact that in every 'privatised' 'venture' the cost to the end user has gone up for a lower standard of service.


Crap.

Do you have any evidence at all for this?


It happens to be true. Don't know what world you're living in.


This isn't a religion Gnads. You need evidence. No matter how strongly you believe it yourself.


You haven't supplied any. ::)

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 9:58am

ProudKangaroo wrote on Apr 13th, 2022 at 9:08am:

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


You want to accuse me of being brainwashed, yet the "propaganda" you speak of is nothing but reporting of both sides.

You're so used to what you get from the likes of SkyNews that the ABC, sticking to their charter, is considered "propaganda" to you.

Just shows how far right you've gone without even realising it friend.

Each time the Libs hold enquires into the ABC, other than the last one that was not finished, they all come to the same conclusion, the ABC has abided by their charter and are not in fact a propaganda outlet.

Go look it up...

Facts over feelings mate.



No you're wrong -
The ABC pushed propaganda about how being a homosexual was OK -
always pushing gay rights -
that Covid vaccines were OK -
never had one story about vaccine injuries,
whenever a black person did a home invasion, a car jacking or a horrifying assault -
they would never mention their race-
it was always - " a youth" or some other euphemism.
They always follow the status quo of our wonderful democracy
without evidence that it's a one party state with 2 branches:
Labor and Liberal.

It's pure Govt. propaganda.
You have been sucked in.
Our media is highly controlled.

I spoke to a radio presenter once -
they have to go on a 4 day course before
they are allowed to speak on the radio -
to learn the Govt. line on everything -
good examples are as per the above.
They are not free to say whatever they want.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 9:59am

Baronvonrort wrote on Apr 12th, 2022 at 8:32pm:

Dnarever wrote on Apr 12th, 2022 at 11:51am:

freediver wrote on Apr 11th, 2022 at 9:06pm:

Quote:
Typically not but it was the reason behind NSW's Labor's attempted power sell off.

Simply the NSW government could not afford the necessary upgrades and maintenance due to a long period of neglect.

So it isn't always the reason but it can be.


Just in case anyone has forgotten this little gem.


One case of a justified sell off.


Amusing how those against privatisation are all for getting solar panels and a battery.

I guess privatisation is only bad sometimes.  :)


How does that relate to privatisation or privatisation of public assets?

People pay for the solar to reduce the costs of the electricity generated by private enterprise providers.

Private enterprise hasn't reduced the costs ... it's increased them .... always has.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 13th, 2022 at 10:03am

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


I have PayTv .... it's full of commercial advertising. I pay a premium.... why should there be ads .... why hasn't my subscription decreased & saved me anything because of the ads?

The ABC can be very good for a taking a break from that continual bombardment.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 10:06am

ProudKangaroo wrote on Apr 13th, 2022 at 9:08am:

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


You want to accuse me of being brainwashed, yet the "propaganda" you speak of is nothing but reporting of both sides.

You're so used to what you get from the likes of SkyNews that the ABC, sticking to their charter, is considered "propaganda" to you.

Just shows how far right you've gone without even realising it friend.

Each time the Libs hold enquires into the ABC, other than the last one that was not finished, they all come to the same conclusion, the ABC has abided by their charter and are not in fact a propaganda outlet.

Go look it up...

Facts over feelings mate.



No you're wrong -
The ABC pushed propaganda about how being a homosexual was OK -
always pushing gay rights -
that Covid vaccines were OK -
never had one story about vaccine injuries,
whenever a black person did a home invasion, a car jacking or a horrifying assault -
they would never mention their race-
it was always - " a youth" or some other euphemism.
They always follow the status quo of our wonderful democracy
without evidence that it's a one party state with 2 branches:
Labor and Liberal.

It's pure Govt. propaganda.
You have been sucked in.
Our media is highly controlled.

I spoke to a radio presenter once -
they have to go on a 4 day course before
they are allowed to speak on the radio -
to learn the Govt. line on everything -
good examples are as per the above.
They are not free to say whatever they want.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 10:08am

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


How would it be a propaganda outlet for the current LNP govt when they are forever complaining about it being left leaning.

They like a few here want it privatised.

Do you ever have a clue?

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 10:10am

Gnads wrote on Apr 13th, 2022 at 10:08am:

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


How would it be a propaganda outlet for the current LNP govt when they are forever complaining about it being left leaning.

They like a few here want it privatised.

Do you ever have a clue?



Read my post above.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 10:11am

Bobby. wrote on Apr 13th, 2022 at 10:06am:

ProudKangaroo wrote on Apr 13th, 2022 at 9:08am:

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


You want to accuse me of being brainwashed, yet the "propaganda" you speak of is nothing but reporting of both sides.

You're so used to what you get from the likes of SkyNews that the ABC, sticking to their charter, is considered "propaganda" to you.

Just shows how far right you've gone without even realising it friend.

Each time the Libs hold enquires into the ABC, other than the last one that was not finished, they all come to the same conclusion, the ABC has abided by their charter and are not in fact a propaganda outlet.

Go look it up...

Facts over feelings mate.



No you're wrong -
The ABC pushed propaganda about how being a homosexual was OK -
always pushing gay rights -
that Covid vaccines were OK -
never had one story about vaccine injuries,
whenever a black person did a home invasion, a car jacking or a horrifying assault -
they would never mention their race-
it was always - " a youth" or some other euphemism.
They always follow the status quo of our wonderful democracy
without evidence that it's a one party state with 2 branches:
Labor and Liberal.

It's pure Govt. propaganda.
You have been sucked in.
Our media is highly controlled.

I spoke to a radio presenter once -
they have to go on a 4 day course before
they are allowed to speak on the radio -
to learn the Govt. line on everything -
good examples are as per the above.
They are not free to say whatever they want.


You're an idiot .... how is that govt. propaganda?

The govt of the day is a rightwing conservative LNP govt. ::)

Title: Re: Modern Monetary Theory (MMT)
Post by Lisa Ross on Apr 13th, 2022 at 10:14am

ProudKangaroo wrote on Apr 13th, 2022 at 12:21am:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


You're assuming the ABCs charter is to make money.

It's not, it's to provide a service.

If it's privatised all the biggest "loss" services will go, including new and radio that saves lives during emergencies and provides regional and rural Australia with news and information.

All the international services will go which helps bring the attention to Australia boosting many local markets, not just tourism.

If, like Telstra, the government legislate service obligations to these services and areas there will be demands of handouts for subsidies.

What's the point in privatising it in that case?

And would a privatised ABC still be bound by their charter, you know the one that required honesty in reporting which time and time again, investigation after investigation has shown to be fair, balanced and of the highest integrity?

If whoever buys it cannot control the narrative to further their own agenda, like Skynews, are unable to advertise and have to follow the Principles and Standards the ABC is currently bound to, nobody will buy it anyway...

Unless the ABC is destroyed it's not a profitable service.

And despite the slow shift to the right, that's the entire point of the notion of privatising the ABC, to destroy it because those who pull the strings of the conservative parties demand it, and the sheep are all to eager to follow orders.


Once again you're just full of utter shyte.

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-salary-of-1mplus/newsstory/2e6666ed272167f7358efe659e84f0a9

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.



Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 10:15am

Gnads wrote on Apr 13th, 2022 at 10:11am:
You're an idiot .... how is that govt. propaganda?

The govt of the day is a rightwing conservative LNP govt. ::)




Don't call me an idiot - you idiot.
It was the Libbos who organised a vote on poofter marriage:


https://en.wikipedia.org/wiki/Australian_Marriage_Law_Postal_Survey

Prior to the survey, the Liberal–National Coalition government had pledged to facilitate a private member's bill to legalise same-sex marriage in the Parliament in the event of a "Yes" outcome. This allowed parliamentary debate and a vote eventually leading to the legalisation of same-sex marriage.[4] Both the Coalition and the opposition Labor Party allowed their MPs a conscience vote on the relevant legislation. Had the survey returned a majority "No" result, the government said it would not allow a parliamentary debate or vote on legalising same-sex marriage.

Title: Re: privatisation
Post by Lisa Ross on Apr 13th, 2022 at 10:21am
Oi Sad Sack!

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime the ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-...

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.

Now let's put this in perspective: Australia's Prime Minister gets paid $549 K. The ABC requires an urgent restructure and needs to be trimmed down by 50% ASAP! The resultant savings must go straight into the bankrupt yes bankrupt Aged Care Sector!







Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 10:38am

Bobby. wrote on Apr 13th, 2022 at 10:15am:

Gnads wrote on Apr 13th, 2022 at 10:11am:
You're an idiot .... how is that govt. propaganda?

The govt of the day is a rightwing conservative LNP govt. ::)




Don't call me an idiot - you idiot.
It was the Libbos who organised a vote on poofter marriage:


https://en.wikipedia.org/wiki/Australian_Marriage_Law_Postal_Survey

Prior to the survey, the Liberal–National Coalition government had pledged to facilitate a private member's bill to legalise same-sex marriage in the Parliament in the event of a "Yes" outcome. This allowed parliamentary debate and a vote eventually leading to the legalisation of same-sex marriage.[4] Both the Coalition and the opposition Labor Party allowed their MPs a conscience vote on the relevant legislation. Had the survey returned a majority "No" result, the government said it would not allow a parliamentary debate or vote on legalising same-sex marriage.


They were pressurised into making a decision on a parliamentary vote.

That still does not make the ABC a proganda outlet for a conservative rightwing LNP govt.

Still an idiot.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 10:45am

Gnads wrote on Apr 13th, 2022 at 10:38am:

Bobby. wrote on Apr 13th, 2022 at 10:15am:

Gnads wrote on Apr 13th, 2022 at 10:11am:
You're an idiot .... how is that govt. propaganda?

The govt of the day is a rightwing conservative LNP govt. ::)




Don't call me an idiot - you idiot.
It was the Libbos who organised a vote on poofter marriage:


https://en.wikipedia.org/wiki/Australian_Marriage_Law_Postal_Survey

Prior to the survey, the Liberal–National Coalition government had pledged to facilitate a private member's bill to legalise same-sex marriage in the Parliament in the event of a "Yes" outcome. This allowed parliamentary debate and a vote eventually leading to the legalisation of same-sex marriage.[4] Both the Coalition and the opposition Labor Party allowed their MPs a conscience vote on the relevant legislation. Had the survey returned a majority "No" result, the government said it would not allow a parliamentary debate or vote on legalising same-sex marriage.


They were pressurised into making a decision on a parliamentary vote.

That still does not make the ABC a proganda outlet for a conservative rightwing LNP govt.

Still an idiot.




The Liberal party stood up for queers to
sodomise each other's stinking backsides
and the ABC pushed the propaganda that it was all OK.
That propaganda was so powerful that idiots voted for it.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 10:53am

Lisa Jones wrote on Apr 13th, 2022 at 10:21am:
Oi Sad Sack!

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime the ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-...

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.

Now let's put this in perspective: Australia's Prime Minister gets paid $549 K. The ABC requires an urgent restructure and needs to be trimmed down by 50% ASAP! The resultant savings must go straight into the bankrupt yes bankrupt Aged Care Sector!


So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 11:11am

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.

Title: Re: privatisation
Post by Gnads on Apr 13th, 2022 at 11:19am

Bobby. wrote on Apr 13th, 2022 at 11:11am:

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.



So the LNP are Communists now? A bigger idiot.

Our PM gets paid about the same as the US President.

PM - AU$549,000
Pres - AU $539,000

Title: Re: privatisation
Post by Lisa Ross on Apr 13th, 2022 at 11:41am

Gnads wrote on Apr 13th, 2022 at 10:53am:

Lisa Jones wrote on Apr 13th, 2022 at 10:21am:
Oi Sad Sack!

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime the ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-...

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.

Now let's put this in perspective: Australia's Prime Minister gets paid $549 K. The ABC requires an urgent restructure and needs to be trimmed down by 50% ASAP! The resultant savings must go straight into the bankrupt yes bankrupt Aged Care Sector!


The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.


Boom even more money for Aged Care!

There's way too much money being HANDED OUT compliments of the TAX PAYER.

https://www.ozpolitic.com/forum/YaBB.pl?num=1642722399/27

^^^ Here's another $55 million I found a few minutes ago.

I reckon we'll find even more money which should be going into Aged Care before dinner time.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 11:49am

Gnads wrote on Apr 13th, 2022 at 11:19am:

Bobby. wrote on Apr 13th, 2022 at 11:11am:

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.



So the LNP are Communists now? A bigger idiot.

Our PM gets paid about the same as the US President.

PM - AU$549,000
Pres - AU $539,000


Hi idiot,
They are all communists pretending to be capitalists.


Title: Re: privatisation
Post by Lisa Ross on Apr 13th, 2022 at 11:57am

Bobby. wrote on Apr 13th, 2022 at 11:49am:

Gnads wrote on Apr 13th, 2022 at 11:19am:

Bobby. wrote on Apr 13th, 2022 at 11:11am:

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.



So the LNP are Communists now? A bigger idiot.

Our PM gets paid about the same as the US President.

PM - AU$549,000
Pres - AU $539,000


Hi idiot,
They are all communists pretending to be capitalists.



I thought it was common knowledge that Scomo represents the centre left wing of the NLP aka he's a "Moderate".


Title: Re: privatisation
Post by SadKangaroo on Apr 13th, 2022 at 12:26pm

Bobby. wrote on Apr 13th, 2022 at 10:06am:

ProudKangaroo wrote on Apr 13th, 2022 at 9:08am:

Bobby. wrote on Apr 13th, 2022 at 8:13am:
Mr Sad,

Quote:
And would a privatised ABC still be bound by their charter,
you know the one that required honesty in reporting which time and time again,
investigation after investigation has shown to be fair,
balanced and of the highest integrity?



Wow - you really have been brainwashed.
I see the ABC as nothing more than a Govt.
propaganda outlet.
It reminds me of the Tass news agency in Russia.


You want to accuse me of being brainwashed, yet the "propaganda" you speak of is nothing but reporting of both sides.

You're so used to what you get from the likes of SkyNews that the ABC, sticking to their charter, is considered "propaganda" to you.

Just shows how far right you've gone without even realising it friend.

Each time the Libs hold enquires into the ABC, other than the last one that was not finished, they all come to the same conclusion, the ABC has abided by their charter and are not in fact a propaganda outlet.

Go look it up...

Facts over feelings mate.



No you're wrong -
The ABC pushed propaganda about how being a homosexual was OK -
always pushing gay rights -
that Covid vaccines were OK -
never had one story about vaccine injuries,
whenever a black person did a home invasion, a car jacking or a horrifying assault -
they would never mention their race-
it was always - " a youth" or some other euphemism.
They always follow the status quo of our wonderful democracy
without evidence that it's a one party state with 2 branches:
Labor and Liberal.

It's pure Govt. propaganda.
You have been sucked in.
Our media is highly controlled.

I spoke to a radio presenter once -
they have to go on a 4 day course before
they are allowed to speak on the radio -
to learn the Govt. line on everything -
good examples are as per the above.
They are not free to say whatever they want.


But in all those examples, to a lesser extent with the COVID vaccine, but with the marriage equality vote etc, they shared both points of view.

And that's what you can't handle, you only want to hear the side you agree with.  That's not their job, in fact that's what you're accusing them of, but the side you disagree with.

As I said, it's just another example of how far right you've gone and how used to echo chambers you are.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 12:32pm

ProudKangaroo wrote on Apr 13th, 2022 at 12:26pm:
But in all those examples, to a lesser extent with the COVID vaccine, but with the marriage equality vote etc, they shared both points of view.

And that's what you can't handle, you only want to hear the side you agree with.  That's not their job, in fact that's what you're accusing them of, but the side you disagree with.

As I said, it's just another example of how far right you've gone and how used to echo chambers you are.



I gave good examples of how the ABC is not fair and balanced.
They pushed one side of the debate all the time.

Ita Buttrose is a schill for the Govt.

Title: Re: privatisation
Post by SadKangaroo on Apr 13th, 2022 at 12:46pm

Bobby. wrote on Apr 13th, 2022 at 12:32pm:

ProudKangaroo wrote on Apr 13th, 2022 at 12:26pm:
But in all those examples, to a lesser extent with the COVID vaccine, but with the marriage equality vote etc, they shared both points of view.

And that's what you can't handle, you only want to hear the side you agree with.  That's not their job, in fact that's what you're accusing them of, but the side you disagree with.

As I said, it's just another example of how far right you've gone and how used to echo chambers you are.



I gave good examples of how the ABC is not fair and balanced.
They pushed one side of the debate all the time.

Ita Buttrose is a schill for the Govt.


No, they aired the debate and gave both sides equal air time.  This has been heavily scrutinised.

Unless you're expecting the ABC to only report in a way you like and ignore anti-discrimination laws to suit your views?

You don't like that views you don't agree with get equal play on the ABC when they're ignored on other outlets.

Their charter isn't "Keep bobby happy in his echo chamber".

Title: Re: privatisation
Post by SadKangaroo on Apr 13th, 2022 at 12:49pm

Lisa Jones wrote on Apr 13th, 2022 at 11:57am:
I thought it was common knowledge that Scomo represents the centre left wing of the NLP aka he's a "Moderate".


He's centre-right, but yes, he's considered a moderate within the Liberal Party.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 12:50pm

ProudKangaroo wrote on Apr 13th, 2022 at 12:46pm:

Bobby. wrote on Apr 13th, 2022 at 12:32pm:

ProudKangaroo wrote on Apr 13th, 2022 at 12:26pm:
But in all those examples, to a lesser extent with the COVID vaccine, but with the marriage equality vote etc, they shared both points of view.

And that's what you can't handle, you only want to hear the side you agree with.  That's not their job, in fact that's what you're accusing them of, but the side you disagree with.

As I said, it's just another example of how far right you've gone and how used to echo chambers you are.



I gave good examples of how the ABC is not fair and balanced.
They pushed one side of the debate all the time.

Ita Buttrose is a schill for the Govt.


No, they aired the debate and gave both sides equal air time.  This has been heavily scrutinised.

Unless you're expecting the ABC to only report in a way you like and ignore anti-discrimination laws to suit your views?

You don't like that views you don't agree with get equal play on the ABC when they're ignored on other outlets.

Their charter isn't "Keep bobby happy in his echo chamber".




No - you either didn't read or didn't understand my examples.


Title: Re: privatisation
Post by Dnarever on Apr 13th, 2022 at 2:55pm

Lisa Jones wrote on Apr 13th, 2022 at 11:57am:

Bobby. wrote on Apr 13th, 2022 at 11:49am:

Gnads wrote on Apr 13th, 2022 at 11:19am:

Bobby. wrote on Apr 13th, 2022 at 11:11am:

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.



So the LNP are Communists now? A bigger idiot.

Our PM gets paid about the same as the US President.

PM - AU$549,000
Pres - AU $539,000


Hi idiot,
They are all communists pretending to be capitalists.



I thought it was common knowledge that Scomo represents the centre left wing of the NLP aka he's a "Moderate".



Look at what he done with refugees who came by boat. He was more hard line right than the nuttiest of the other extreme nutso righters.

Even the ultra right Sydney Boys students protested him attending a fundraising because he had "so flagrantly disregarded human rights."

This shows that the extreme right of the right believed that he went too far to the right.

After this he was moved to social services where the Libs tried to spin wash his reputation back to be something presentable.

ScoMo lacks any trace of empathy he looks better now but underneath those spots are still there.

That's why he can go on an o/s holiday while Australia is burning - he simply does not recognise or understand that is a problem with it until he is told.

Title: Re: privatisation
Post by Bobby. on Apr 13th, 2022 at 4:59pm

Gnads wrote on Apr 13th, 2022 at 10:38am:

Bobby. wrote on Apr 13th, 2022 at 10:15am:

Gnads wrote on Apr 13th, 2022 at 10:11am:
You're an idiot .... how is that govt. propaganda?

The govt of the day is a rightwing conservative LNP govt. ::)




Don't call me an idiot - you idiot.
It was the Libbos who organised a vote on poofter marriage:


https://en.wikipedia.org/wiki/Australian_Marriage_Law_Postal_Survey

Prior to the survey, the Liberal–National Coalition government had pledged to facilitate a private member's bill to legalise same-sex marriage in the Parliament in the event of a "Yes" outcome. This allowed parliamentary debate and a vote eventually leading to the legalisation of same-sex marriage.[4] Both the Coalition and the opposition Labor Party allowed their MPs a conscience vote on the relevant legislation. Had the survey returned a majority "No" result, the government said it would not allow a parliamentary debate or vote on legalising same-sex marriage.


They were pressurised into making a decision on a parliamentary vote.

That still does not make the ABC a proganda outlet for a conservative rightwing LNP govt.

Still an idiot.




The Liberal party stood up for queers to
sodomise each other's stinking backsides
and the ABC pushed the propaganda that it was all OK.
That propaganda was so powerful that idiots voted for it.


Title: Re: Modern Monetary Theory (MMT)
Post by John Smith on Apr 13th, 2022 at 5:12pm

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.

Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant. Its not like you would pay less taxes if they didn't fund the ABC. I don't want my taxes to go to the M5 or maintaining the Sydney harbour bridge or the Snowy Hydro scheme ... I certainly don't use them.

Imagine the chaos if everyone got to choose what their taxes paid for. The govt. would never be able to function
:D :D

Title: Re: privatisation
Post by Lisa Ross on Apr 13th, 2022 at 5:36pm

Lisa Jones wrote on Apr 13th, 2022 at 11:41am:

Gnads wrote on Apr 13th, 2022 at 10:53am:

Lisa Jones wrote on Apr 13th, 2022 at 10:21am:
Oi Sad Sack!

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime the ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-...

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.

Now let's put this in perspective: Australia's Prime Minister gets paid $549 K. The ABC requires an urgent restructure and needs to be trimmed down by 50% ASAP! The resultant savings must go straight into the bankrupt yes bankrupt Aged Care Sector!


The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.


Boom even more money for Aged Care!

There's way too much money being HANDED OUT compliments of the TAX PAYER.

https://www.ozpolitic.com/forum/YaBB.pl?num=1642722399/27

^^^ Here's another $55 million I found a few minutes ago.

I reckon we'll find even more money which should be going into Aged Care before dinner time.


I'm still looking for more money on behalf of the bankrupt Aged Care Sector of Australia.

So far we've found :

$ 55 million just here.

https://www.ozpolitic.com/forum/YaBB.pl?num=1642722399/30


Half a billion just from the ABC (this organisation is a protected abomination given the massive HAND OUTS it's given each year to fund inter alia ...ridiculous pay increases to its Managing Director and his mates (post Covid19 mind you).

Our own Prime Minister gets nowhere near what ABC's managing director or his executive mates are currently getting.

Meantime our Aged Care Sector sits effectively bankrupt! This directly affects some 4 million vulnerable Australians.

"Population projections for Australia suggest that there will be four million people aged between 65–84 years by 2022 with rapid acceleration of some age groups (over 65, over 85) in the next ten years."

Bottom line ? WE who are Gen X and Gen Y and who have parents and relatives which fit the above baby boomer projections MUST GET OUR FINGER OUT NOW and lobby our govt to FIND and FUND this sector.


F1A93D62-4749-43C6-B84A-7291C0896080.jpeg (128 KB | 10 )

Title: Re: privatisation
Post by freediver on Apr 13th, 2022 at 5:45pm

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.


Quote:
As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.


Quote:
Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.


Quote:
You haven't supplied any.


Yes I have. We have been discussing it all through the thread.


Quote:
Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.

Title: Re: privatisation
Post by Dnarever on Apr 13th, 2022 at 7:21pm

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.


A foreign invading power owning our water supplies no problem ?

They turn off the water and the country would stop in days maybe hours.

Same with telecom networks, power etc. Foreigners owning major critical infrastructure is not the best idea. Unless of course you are an Australian Liberal then the important question is how much will they pay - right ?

Title: Re: privatisation
Post by John Smith on Apr 13th, 2022 at 7:25pm

freediver wrote on Apr 13th, 2022 at 5:45pm:
Says people who like to spend other people's money.



it's not your money dopey

Title: Re: privatisation
Post by John Smith on Apr 13th, 2022 at 7:26pm

freediver wrote on Apr 13th, 2022 at 5:45pm:
Yes I have.


;D ;D ;D ;D


and then you woke up


Title: Re: privatisation
Post by Ye Grappler on Apr 13th, 2022 at 8:17pm
Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.


Actually it had everything to do with it - the Chermans owned the dams - the Brits wanted to pork them up by breaking the dams, reducing power supply and flooding their industrial areas.

Didn't work out as well as hoped but it was a good effort.

If the British had owned those dams and not the Germans, would the Germans have allowed them to retain ownership, or for that matter ever have allowed them to buy them?  Better to be safe than sad .....

NO national infrastructure should be vested in foreign hands.

Title: Re: privatisation
Post by freediver on Apr 13th, 2022 at 8:40pm

Dnarever wrote on Apr 13th, 2022 at 7:21pm:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.


A foreign invading power owning our water supplies no problem ?

They turn off the water and the country would stop in days maybe hours.

Same with telecom networks, power etc. Foreigners owning major critical infrastructure is not the best idea. Unless of course you are an Australian Liberal then the important question is how much will they pay - right ?


So we are all going to die of thirst because the Chinese buy our water supply and turn the taps off?

What if they block out the sun instead?


Quote:
Actually it had everything to do with it - the Chermans owned the dams - the Brits wanted to pork them up by breaking the dams, reducing power supply and flooding their industrial areas.


Still nothing to do with foreign ownership.

Title: Re: Modern Monetary Theory (MMT)
Post by Baronvonrort on Apr 13th, 2022 at 9:22pm

John Smith wrote on Apr 13th, 2022 at 5:12pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.


That's more bullshit from a bullshitter.

With the internet people get coverage for what they want.

We should also sell off the remaining part of Telstra. People in remote areas aren't going to get copper cables to connect that's too expensive when they can use 4g/5g coverage.

Elon Musks starlink is  giving internet coverage which would be cheaper and quicker than waiting for Telstra to run copper lines into remote areas.

As for water lots of people still use rainwater tanks in rural areas they truck in water when tanks run dry.

The governments job is running the country they should sell off any business they're involved with.



Title: Re: privatisation
Post by freediver on Apr 13th, 2022 at 9:25pm
What if the Chinese start selling rainwater tanks? That's a national security issue, right there.

Title: Re: Modern Monetary Theory (MMT)
Post by Baronvonrort on Apr 13th, 2022 at 9:28pm

Lisa Jones wrote on Apr 13th, 2022 at 10:14am:

ProudKangaroo wrote on Apr 13th, 2022 at 12:21am:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


You're assuming the ABCs charter is to make money.

It's not, it's to provide a service.

If it's privatised all the biggest "loss" services will go, including new and radio that saves lives during emergencies and provides regional and rural Australia with news and information.

All the international services will go which helps bring the attention to Australia boosting many local markets, not just tourism.

If, like Telstra, the government legislate service obligations to these services and areas there will be demands of handouts for subsidies.

What's the point in privatising it in that case?

And would a privatised ABC still be bound by their charter, you know the one that required honesty in reporting which time and time again, investigation after investigation has shown to be fair, balanced and of the highest integrity?

If whoever buys it cannot control the narrative to further their own agenda, like Skynews, are unable to advertise and have to follow the Principles and Standards the ABC is currently bound to, nobody will buy it anyway...

Unless the ABC is destroyed it's not a profitable service.

And despite the slow shift to the right, that's the entire point of the notion of privatising the ABC, to destroy it because those who pull the strings of the conservative parties demand it, and the sheep are all to eager to follow orders.


Once again you're just full of utter shyte.

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-salary-of-1mplus/newsstory/2e6666ed272167f7358efe659e84f0a9

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.


Sad Skip is a brainwashed leftie he said his mother in law told him to stop posting bullshit on the internet he should listen to her.

Selling the ABC/SBS isn't going to kill it if he had more than 2 bob to rub between his fingers he could buy shares in it.

The ABC/SBS should use advertising revenue to fund itself  like all the other media outlets instead of sucking over a billion dollars a year from the taxpayers teats.

Title: Re: privatisation
Post by Baronvonrort on Apr 13th, 2022 at 9:29pm

freediver wrote on Apr 13th, 2022 at 9:25pm:
What if the Chinese start selling rainwater tanks? That's a national security issue, right there.


They would probably be cheaper than Aussie made ones quality control might be an issue.

Title: Re: privatisation
Post by freediver on Apr 13th, 2022 at 9:30pm

Baronvonrort wrote on Apr 13th, 2022 at 9:29pm:

freediver wrote on Apr 13th, 2022 at 9:25pm:
What if the Chinese start selling rainwater tanks? That's a national security issue, right there.


They would probably be cheaper than Aussie made ones quality control might be an issue.


Sure, but if we ever got into a war with them, they would bomb them.

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:21am

Bobby. wrote on Apr 13th, 2022 at 11:49am:

Gnads wrote on Apr 13th, 2022 at 11:19am:

Bobby. wrote on Apr 13th, 2022 at 11:11am:

Gnads wrote on Apr 13th, 2022 at 10:53am:
So what? the obscene salaries of of CEO's & executives in private enterprise make the ABC managing directors salary look like a pittance.

You wanna get some perspective on that.

The Commissioner for Taxation Chris Jordan is on over $2million a year until 2024.



Our PM gets paid more than the president of the United States.
Senior Public servants get paid much more.
Guess what - it's all done with borrowed money.
That's communism for you -
if you're high up in the party you live like a King.



So the LNP are Communists now? A bigger idiot.

Our PM gets paid about the same as the US President.

PM - AU$549,000
Pres - AU $539,000


Hi idiot,
They are all communists pretending to be capitalists.



No 2nd prizes ....idiot.

They're all actually capitalists at heart.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Apr 14th, 2022 at 7:27am

John Smith wrote on Apr 13th, 2022 at 5:12pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.

Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant. Its not like you would pay less taxes if they didn't fund the ABC. I don't want my taxes to go to the M5 or maintaining the Sydney harbour bridge or the Snowy Hydro scheme ... I certainly don't use them.

Imagine the chaos if everyone got to choose what their taxes paid for. The govt. would never be able to function
:D :D


The Barons statement is similar to the mantra when Telstra was privatised.

And as many of the Mum & Dad investors said at the time .....

"why would we buy shares in something we already own?"

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:34am

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.

[quote]As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.


Quote:
Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.


Quote:
You haven't supplied any.


Yes I have. We have been discussing it all through the thread.


Quote:
Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.[/quote]

Everything? Electricity generation & supply & infrastructure...... and water storage, supply & it's associated uses....

are but 2 ..................not everything.

I'm a consumer - I know what I pay for services..

nothing has become cheaper through privatisation.

As you keep chanting "business" is all about making money.

And they have been - making more & more & more. And it's never enough.

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:36am

freediver wrote on Apr 13th, 2022 at 8:40pm:

Dnarever wrote on Apr 13th, 2022 at 7:21pm:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.


A foreign invading power owning our water supplies no problem ?

They turn off the water and the country would stop in days maybe hours.

Same with telecom networks, power etc. Foreigners owning major critical infrastructure is not the best idea. Unless of course you are an Australian Liberal then the important question is how much will they pay - right ?


So we are all going to die of thirst because the Chinese buy our water supply and turn the taps off?

What if they block out the sun instead?

[quote]Actually it had everything to do with it - the Chermans owned the dams - the Brits wanted to pork them up by breaking the dams, reducing power supply and flooding their industrial areas.


Still nothing to do with foreign ownership.[/quote]

Stupid statement

Title: Re: privatisation
Post by Bobby. on Apr 14th, 2022 at 7:40am

Gnads wrote on Apr 14th, 2022 at 7:21am:
No 2nd prizes ....idiot.

They're all actually capitalists at heart.



Idiot - you are mistaken.
You think that under communism no one gets rich.
The opposite is true.
Communist Russia and China have mega rich oligarchs.
So do we in Australia.
We also have a one party communist state with 2 branches:
Labor and Liberal.

However - in the upcoming election
we may get a hung parliament with independents
holding the balance of power which could break
up the status quo and ruin their communist plans.

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:41am

freediver wrote on Apr 13th, 2022 at 9:25pm:
What if the Chinese start selling rainwater tanks? That's a national security issue, right there.


Another stupid statement without relevance.

Just about everything is made in China & imported & sold here.

That's a stupid thing, being totally reliant on a foreign country especially as we've seen when they feel aggrieved things aren't going their way they decide to cut off supply.


Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:43am

Bobby. wrote on Apr 14th, 2022 at 7:40am:

Gnads wrote on Apr 14th, 2022 at 7:21am:
No 2nd prizes ....idiot.

They're all actually capitalists at heart.



Idiot - you are mistaken.
You think that under communism no one gets rich.
The opposite is true.
Communist Russia and China have mega rich oligarchs.
So do we in Australia.
We also have a one party communist state with 2 branches:
Labor and Liberal.

However - in the upcoming election
we may get a hung parliament with independents
holding the balance of power which could break
up the status quo and ruin their communist plans.


Oh shut up idiot.

Get ya tinfoil hat back on - you're emanating bs AGAIN.

Title: Re: privatisation
Post by Bobby. on Apr 14th, 2022 at 7:46am

Gnads wrote on Apr 14th, 2022 at 7:43am:

Bobby. wrote on Apr 14th, 2022 at 7:40am:

Gnads wrote on Apr 14th, 2022 at 7:21am:
No 2nd prizes ....idiot.

They're all actually capitalists at heart.



Idiot - you are mistaken.
You think that under communism no one gets rich.
The opposite is true.
Communist Russia and China have mega rich oligarchs.
So do we in Australia.
We also have a one party communist state with 2 branches:
Labor and Liberal.

However - in the upcoming election
we may get a hung parliament with independents
holding the balance of power which could break
up the status quo and ruin their communist plans.


Oh shut up idiot.

Get ya tinfoil hat back on - you're emanating bs AGAIN.



Even when you're presented with the truth
you continue in your state of denial.

Big Brother loves you very much and
he's glad you like his political system.

Title: Re: privatisation
Post by freediver on Apr 14th, 2022 at 7:47am

Gnads wrote on Apr 14th, 2022 at 7:34am:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.

[quote]As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.

[quote]Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.


Quote:
You haven't supplied any.


Yes I have. We have been discussing it all through the thread.


Quote:
Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.[/quote]

Everything? Electricity generation & supply & infrastructure...... and water storage, supply & it's associated uses....

are but 2 ..................not everything.

I'm a consumer - I know what I pay for services..

nothing has become cheaper through privatisation.

As you keep chanting "business" is all about making money.

And they have been - making more & more & more. And it's never enough.[/quote]

No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on Apr 14th, 2022 at 7:58am

Baronvonrort wrote on Apr 13th, 2022 at 9:28pm:

Lisa Jones wrote on Apr 13th, 2022 at 10:14am:

ProudKangaroo wrote on Apr 13th, 2022 at 12:21am:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


You're assuming the ABCs charter is to make money.

It's not, it's to provide a service.

If it's privatised all the biggest "loss" services will go, including new and radio that saves lives during emergencies and provides regional and rural Australia with news and information.

All the international services will go which helps bring the attention to Australia boosting many local markets, not just tourism.

If, like Telstra, the government legislate service obligations to these services and areas there will be demands of handouts for subsidies.

What's the point in privatising it in that case?

And would a privatised ABC still be bound by their charter, you know the one that required honesty in reporting which time and time again, investigation after investigation has shown to be fair, balanced and of the highest integrity?

If whoever buys it cannot control the narrative to further their own agenda, like Skynews, are unable to advertise and have to follow the Principles and Standards the ABC is currently bound to, nobody will buy it anyway...

Unless the ABC is destroyed it's not a profitable service.

And despite the slow shift to the right, that's the entire point of the notion of privatising the ABC, to destroy it because those who pull the strings of the conservative parties demand it, and the sheep are all to eager to follow orders.


Once again you're just full of utter shyte.

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-salary-of-1mplus/newsstory/2e6666ed272167f7358efe659e84f0a9

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.


Sad Skip is a brainwashed leftie he said his mother in law told him to stop posting bullshit on the internet he should listen to her.

Selling the ABC/SBS isn't going to kill it if he had more than 2 bob to rub between his fingers he could buy shares in it.

The ABC/SBS should use advertising revenue to fund itself  like all the other media outlets instead of sucking over a billion dollars a year from the taxpayers teats.


They cannot be impartial if they are beholden to advertisers, that's the whole point.

Title: Re: Modern Monetary Theory (MMT)
Post by Lisa Ross on Apr 14th, 2022 at 8:13am

Baronvonrort wrote on Apr 13th, 2022 at 9:28pm:

Lisa Jones wrote on Apr 13th, 2022 at 10:14am:

ProudKangaroo wrote on Apr 13th, 2022 at 12:21am:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


The governments job is running the country it should not be involved with businesses.

We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


You're assuming the ABCs charter is to make money.

It's not, it's to provide a service.

If it's privatised all the biggest "loss" services will go, including new and radio that saves lives during emergencies and provides regional and rural Australia with news and information.

All the international services will go which helps bring the attention to Australia boosting many local markets, not just tourism.

If, like Telstra, the government legislate service obligations to these services and areas there will be demands of handouts for subsidies.

What's the point in privatising it in that case?

And would a privatised ABC still be bound by their charter, you know the one that required honesty in reporting which time and time again, investigation after investigation has shown to be fair, balanced and of the highest integrity?

If whoever buys it cannot control the narrative to further their own agenda, like Skynews, are unable to advertise and have to follow the Principles and Standards the ABC is currently bound to, nobody will buy it anyway...

Unless the ABC is destroyed it's not a profitable service.

And despite the slow shift to the right, that's the entire point of the notion of privatising the ABC, to destroy it because those who pull the strings of the conservative parties demand it, and the sheep are all to eager to follow orders.


Once again you're just full of utter shyte.

Let's take a closer look at the budget the ABC enjoys compliments of Scomo ie us!

We're all tightening our belt Post Covid yeah? No pay rises and everybody who is working is working a lot of unpaid overtime.

Meantime ABC gets an automatic handout of OVER a billion dollars each year!

Let's look at how responsible the ABC has been. For that we'll need to start with its Managing Director.

Exhibit A

https://www.theaustralian.com.au/business/media/abc-boss-david-anderson-pockets-salary-of-1mplus/newsstory/2e6666ed272167f7358efe659e84f0a9

ABC managing director David Anderson is now paid a salary of over $1 million.

2:23PM OCTOBER 23, 2021

Senior executives at the ABC ­enjoyed bumper salary increases in the past financial year, with the remuneration package of the managing director tipping over $1m and the news director pocketing a 36 per cent rise.


Sad Skip is a brainwashed leftie he said his mother in law told him to stop posting bullshit on the internet he should listen to her.

Selling the ABC/SBS isn't going to kill it if he had more than 2 bob to rub between his fingers he could buy shares in it.

The ABC/SBS should use advertising revenue to fund itself  like all the other media outlets instead of sucking over a billion dollars a year from the taxpayers teats.


Ahhh many thanks Baron for mentioning advertising.

Let's take a closer look at that. Sad Sack won't like this embarrassing fact either :

https://www.theaustralian.com.au/business/media/abcs-spending-on-advertising-has-reached-its-highest-levels-in-the-past-decade/news-story/ea2c3c33c69986f162142acb2f8dc92c

ABC’s spending on advertising has reached its highest levels in the past decade.

It is SPENDING ie bleeding money even there!

Title: Re: privatisation
Post by Lisa Ross on Apr 14th, 2022 at 8:18am
Oh dear! Look at this!

https://www.smh.com.au/business/companies/no-advertising-on-the-abc-just-head-to-youtube-20180918-p504kj.html

No advertising on the ABC? Just head to YouTube

Australians who thought the Australian Broadcasting Corporation did not accept advertising can easily find brands like KFC, Cadbury and Twinings showing up around some of the public broadcaster’s content. All they need to do is head to YouTube.

Title: Re: privatisation
Post by Lisa Ross on Apr 14th, 2022 at 8:19am
😐

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 9:34am

freediver wrote on Apr 14th, 2022 at 7:47am:

Gnads wrote on Apr 14th, 2022 at 7:34am:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.

[quote]As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.

[quote]Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.

[quote]You haven't supplied any.


Yes I have. We have been discussing it all through the thread.


Quote:
Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.[/quote]

Everything? Electricity generation & supply & infrastructure...... and water storage, supply & it's associated uses....

are but 2 ..................not everything.

I'm a consumer - I know what I pay for services..

nothing has become cheaper through privatisation.

As you keep chanting "business" is all about making money.

And they have been - making more & more & more. And it's never enough.[/quote]

No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.[/quote]
;D

Title: Re: privatisation
Post by Lisa Ross on Apr 14th, 2022 at 11:13am
Oi! Sad Sack! This is where you're being pwned! Big time! You can't ignore this topic forever you know 😂

Title: Re: privatisation
Post by SadKangaroo on Apr 14th, 2022 at 11:20am
Aged Care

Title: Re: privatisation
Post by Ye Grappler on Apr 14th, 2022 at 12:47pm
In NSW the LNP 'government' first allowed the poles and wires to run down, then they gold-plated them in order to 'sell them off' to their mates for a song.

Now what you are discussing here. Poppets, is the valid reason why 'consolidated revenue' is a crook's game to move money from cash earning things into 'other' areas... and that is why money from such a 'venture' should be isolated from the grasping and incompetent hands of politicians with their own personal pockets to fill and those of their mates.

file:///C:/Users/begao/Downloads/The%20real%20cause%20of%20electricity%20price%20rises%20in%20NSW(1).pdf

Title: Re: privatisation
Post by Ye Grappler on Apr 14th, 2022 at 12:49pm
https://www.abc.net.au/news/2015-11-10/hill-the-great-energy-con-that-is-costing-us-billions/6924272

Title: Re: privatisation
Post by thegreatdivide on Apr 14th, 2022 at 3:58pm

John Smith wrote on Apr 13th, 2022 at 7:25pm:

freediver wrote on Apr 13th, 2022 at 5:45pm:
Says people who like to spend other people's money.



it's not your money dopey


Though freediver is a self-confessed ideological fraud  (admitted in his own post #24 in this thread) who mindlessly spouts Thatcher's ignorant nonsense re "other people's money" (as if she knew anything at all about the nature of money), you are also caught up in the current evil 'money as debt' system, which is why Albo is saying he can't lift the Job Seeker payment, despite Australia being in the top 10 wealthy countries in the world.  Pathetic.

In other words, you are as blind as freediver, who hi-jacked (from the Modern Monetary Theory
thread)  the discussion about money creation in the public sector as opposed to money creation by private banksters.

Likewise Lisa on the Right, and grappler on the Left (economically), you are all blinded by the current money as debt system.  Hence unending arguments re funding the ABC, or age care, or lifting the job seeker payment: Albo's latest comfirmation he will not lift it is a disgrace in an economy which cannot employ everyone.

(BTW, Menzies nearly lost government when the unemployment rate ticked up to 2.0% in 1960...gasp...in the days of Keynesian deficit spending.)


But it's pleasing at least to see that freediver is mostly being "done over like a dinner" in this 'privatization' thread (which he started  to divert the discussion from the issue of money creation).   



Title: Re: privatisation
Post by freediver on Apr 14th, 2022 at 5:43pm

Gnads wrote on Apr 14th, 2022 at 9:34am:

freediver wrote on Apr 14th, 2022 at 7:47am:

Gnads wrote on Apr 14th, 2022 at 7:34am:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.

[quote]As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.

[quote]Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.

[quote]You haven't supplied any.


Yes I have. We have been discussing it all through the thread.

[quote]Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.[/quote]

Everything? Electricity generation & supply & infrastructure...... and water storage, supply & it's associated uses....

are but 2 ..................not everything.

I'm a consumer - I know what I pay for services..

nothing has become cheaper through privatisation.

As you keep chanting "business" is all about making money.

And they have been - making more & more & more. And it's never enough.[/quote]

No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.[/quote]
;D[/quote]

You cannot even tell us what your "personal experience" evidence is.

Title: Re: privatisation
Post by Ye Grappler on Apr 14th, 2022 at 6:32pm

thegreatdivide wrote on Apr 14th, 2022 at 3:58pm:

John Smith wrote on Apr 13th, 2022 at 7:25pm:

freediver wrote on Apr 13th, 2022 at 5:45pm:
Says people who like to spend other people's money.



it's not your money dopey


Though freediver is a self-confessed ideological fraud  (admitted in his own post #24 in this thread) who mindlessly spouts Thatcher's ignorant nonsense re "other people's money" (as if she knew anything at all about the nature of money), you are also caught up in the current evil 'money as debt' system, which is why Albo is saying he can't lift the Job Seeker payment, despite Australia being in the top 10 wealthy countries in the world.  Pathetic.

In other words, you are as blind as freediver, who hi-jacked (from the Modern Monetary Theory
thread)  the discussion about money creation in the public sector as opposed to money creation by private banksters.

Likewise Lisa on the Right, and grappler on the Left (economically), you are all blinded by the current money as debt system.  Hence unending arguments re funding the ABC, or age care, or lifting the job seeker payment: Albo's latest comfirmation he will not lift it is a disgrace in an economy which cannot employ everyone.

(BTW, Menzies nearly lost government when the unemployment rate ticked up to 2.0% in 1960...gasp...in the days of Keynesian deficit spending.)


But it's pleasing at least to see that freediver is mostly being "done over like a dinner" in this 'privatization' thread (which he started  to divert the discussion from the issue of money creation).   


Aye - the fault in your position is that you fail to see the impact on the ordinary person... the rest is just window dressing... all the money theories may be falsely based - go - tell it to the Spartans out there...

Gimme some real butter on that bagel...

Title: Re: privatisation
Post by thegreatdivide on Apr 14th, 2022 at 7:19pm

Grappler Truth Teller wrote on Apr 14th, 2022 at 6:32pm:
Gimme some real butter on that bagel...


What you call "real butter" is a delusion ("money as debt"), when it comes to the monetary system; and private banksters to whom the privilege of creating money is granted (by historical precedent)  are 'laughing all the way to the bank'.


So good luck supporting any policy requiring increased government spending; the "real butter" is cornered by the private banksters noted above. 

Just sayin'; so you won't  be too disappointed when the next parliament - with its hands tied by 'The Deficit Myth' (google it)  -  achieves absolutely no benefits for the low paid, the homeless, and the un/under-employed.    

Title: Re: privatisation
Post by Gnads on Apr 14th, 2022 at 7:45pm

freediver wrote on Apr 14th, 2022 at 5:43pm:

Gnads wrote on Apr 14th, 2022 at 9:34am:

freediver wrote on Apr 14th, 2022 at 7:47am:

Gnads wrote on Apr 14th, 2022 at 7:34am:

freediver wrote on Apr 13th, 2022 at 5:45pm:

Quote:
Your argument is stupid. You don't pay taxes for the ABC or SBS. You just pay taxes. Where it's spent is irrelevant.


Says people who like to spend other people's money.


Gnads wrote on Apr 13th, 2022 at 9:52am:
What is paid in taxes & for electricity there was no excuse for failure to maintain or be able to afford.


Correct. This is a good example of why the government has no place running these businesses. They make decisions that clearly make sense politically, but no private owner would ever make because they make no sense financially.

[quote]As for the control of our water assets being a national security concern .... why wouldn't it be?


You can't turn everything into a national security issue. The Chinese government isn't going to run off with our sewage pipes.

[quote]Why did the Brits send bombers into Europe to blow up dams during WW2?


I'm sure it had nothing to do with foreign ownership.

[quote]You haven't supplied any.


Yes I have. We have been discussing it all through the thread.

[quote]Private enterprise hasn't reduced the costs ... it's increased them .... always has.


So you keep mindlessly chanting Gnads. It would be easy enough to back up this claim, but you cannot, and you would not even know how.


Everything? Electricity generation & supply & infrastructure...... and water storage, supply & it's associated uses....

are but 2 ..................not everything.

I'm a consumer - I know what I pay for services..

nothing has become cheaper through privatisation.

As you keep chanting "business" is all about making money.

And they have been - making more & more & more. And it's never enough.[/quote]

No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.[/quote]
;D[/quote]

You cannot even tell us what your "personal experience" evidence is.[/quote]

You must live in a vacuum. 

Title: Re: privatisation
Post by thegreatdivide on Apr 14th, 2022 at 8:07pm
Adam Bandt demolishes a private profit above social well-being ideologue from News Corp, at the National Press Club on the 13th (yesterday):

Adam Bandt shuts down a journalist's 'gotcha' question at the Press Club

https://dai.ly/x89y7dh

(15 secs. of electoral commission advert as the start)

Tingle scratching her nose at the end  is priceless ...Bandt striking a bit 'close to home', perhaps..

Title: Re: privatisation
Post by Ye Grappler on Apr 15th, 2022 at 11:23am
You can't eat theories, though if you gather enough of them together you could build a house of paper pages...

Title: Re: privatisation
Post by Ye Grappler on Apr 15th, 2022 at 11:25am

thegreatdivide wrote on Apr 14th, 2022 at 8:07pm:
Adam Bandt demolishes a private profit above social well-being ideologue from News Corp, at the National Press Club on the 13th (yesterday):

Adam Bandt shuts down a journalist's 'gotcha' question at the Press Club

https://dai.ly/x89y7dh

(15 secs. of electoral commission advert as the start)

Tingle scratching her nose at the end  is priceless ...Bandt striking a bit 'close to home', perhaps..



What does 'private profit above social well-being' have to do with the way money is (not) created?

Different issues... stick to one first... nobody is convinced on that yet..

Title: Re: privatisation
Post by thegreatdivide on Apr 15th, 2022 at 4:18pm

Grappler Truth Teller wrote on Apr 15th, 2022 at 11:25am:

thegreatdivide wrote on Apr 14th, 2022 at 8:07pm:
Adam Bandt demolishes a private profit above social well-being ideologue from News Corp, at the National Press Club on the 13th (yesterday):

Adam Bandt shuts down a journalist's 'gotcha' question at the Press Club

https://dai.ly/x89y7dh

(15 secs. of electoral commission advert as the start)

Tingle scratching her nose at the end  is priceless ...Bandt striking a bit 'close to home', perhaps..



What does 'private profit above social well-being' have to do with the way money is (not) created?


The point is newscorp journos know nothing about money creation, which is why they ask stupid questions of politicians (Bandt and the Greens are actually MMT-literate, and can therefore blow away stupid journos' questions).


Quote:
Different issues... stick to one first... nobody is convinced on that yet..


Addressed above, journos deliberately ask stupid questions to ensnare politicians who are all constrained by the present evil debt-money system.


Quote:
You can't eat theories, though if you gather enough of them together you could build a house of paper pages...


You mentioned 'real butter', I explained you are actually eating shite (ie money as debt) , though you don't know it because private banksters have convinced you otherwise.

There is nothing theoretical about real resources, whereas the illusion that money is a real resource is certainly problematic.

Money is like  the 'points' used to keep score in a game; it is 'drawn from the ether' - like 'points' - ie created ex nihilo as required to enable convenient mobilization  of real resources. 

The problem is that private banksters claim the sole right to create money, meaning that governments  cannot fund the needs of the community, given that no-one wants to pay higher  taxes, and everyone thinks - erroneously - the government's budget is like their own household budget.   

Title: Re: Modern Monetary Theory (MMT)
Post by wombatwoody on Apr 15th, 2022 at 9:30pm

Lisa Jones wrote on Apr 12th, 2022 at 7:36pm:

Gnads wrote on Apr 12th, 2022 at 5:59pm:

wombatwoody wrote on Apr 12th, 2022 at 5:42pm:
I don't see how this should be off topic in such a discussion.

Anyway, back in the 90s when John Howard was delivering his sales pitch for Telstra's privatisation he said it would be of great benefit to the average mum and dad - because they could buy shares and become investors.

But who asked him this:Why buy what you already own?


Exactly..... more LNP lies to help their Boys Club mates get rich milking the masses.


Ahem.

While privatisation is supported by neoliberal ideology that stipulates less government intervention in the economy, Australia's history of privatisation was initiated under a Labor government, which appears to defy Labor Party policy objectives.

However, during the Hawke-Keating years, there were attempts to remove the ideological underpinnings of the debate on privatisation, as the approach taken by the government was "more about a pragmatic choice" to modernise and open the economy to international markets. Prime Minister Hawke said, "The difference between us will be one of ideology. That will distinguish us from the opposition (Liberals)."

Hawke was rebuking the charge that Labor had abandoned its commitments to public ownership and enterprise, while highlighting the need for economic rationalism in order to address pressing economic problems.

https://en.m.wikipedia.org/wiki/Privatisation_in_Australia


Shows how when it comes to things that really matter both parties are the same.

Title: Re: Modern Monetary Theory (MMT)
Post by thegreatdivide on May 17th, 2022 at 2:29pm

wombatwoody wrote on Apr 15th, 2022 at 9:30pm:

Lisa Jones wrote on Apr 12th, 2022 at 7:36pm:

Gnads wrote on Apr 12th, 2022 at 5:59pm:

wombatwoody wrote on Apr 12th, 2022 at 5:42pm:
I don't see how this should be off topic in such a discussion.

Anyway, back in the 90s when John Howard was delivering his sales pitch for Telstra's privatisation he said it would be of great benefit to the average mum and dad - because they could buy shares and become investors.

But who asked him this:Why buy what you already own?


Exactly..... more LNP lies to help their Boys Club mates get rich milking the masses.


Ahem.

While privatisation is supported by neoliberal ideology that stipulates less government intervention in the economy, Australia's history of privatisation was initiated under a Labor government, which appears to defy Labor Party policy objectives.

However, during the Hawke-Keating years, there were attempts to remove the ideological underpinnings of the debate on privatisation, as the approach taken by the government was "more about a pragmatic choice" to modernise and open the economy to international markets. Prime Minister Hawke said, "The difference between us will be one of ideology. That will distinguish us from the opposition (Liberals)."

Hawke was rebuking the charge that Labor had abandoned its commitments to public ownership and enterprise, while highlighting the need for economic rationalism in order to address pressing economic problems.

https://en.m.wikipedia.org/wiki/Privatisation_in_Australia


Shows how when it comes to things that really matter both parties are the same.


Exactly. Hawke was captured by the then new global neoliberal economic orthodoxy, without being aware of it.

And so today the major difference between the parties is in housing policy...and both fail to deal with the problem of sky-rocketing housing prices,  falling home ownership, and un-affordable rent.

Hawke forgot that Menzies was able to build sufficient public housing for low-wage earners to house everyone
(and eliminate unemployment) ......by running continuous government deficits in a growing economy.

MMT offers the next stage in the evolution of a functioning economy, ie one which provides housing and jobs for everyone, by achieving continuous rises in living standards, in a non high-population-growth environment (in contrast to the immigration fueled, post war Menzies years).





Title: Re: privatisation
Post by thegreatdivide on May 17th, 2022 at 3:03pm
https://en.m.wikipedia.org/wiki/Privatisation_in_Australia

"While privatisation is supported by neoliberal ideology that stipulates less government intervention in the economy, Australia's history of privatisation was initiated under a Labor government, which appears to defy Labor Party policy objectives.

However, during the Hawke-Keating years, there were attempts to remove the ideological underpinnings of the debate on privatisation, as the approach taken by the government was "more about a pragmatic choice" to modernise and open the economy to international markets. Prime Minister Hawke said, "The difference between us will be one of ideology. That will distinguish us from the opposition (Liberals).

Hawke was rebuking the charge that Labor had abandoned its commitments to public ownership and enterprise, while highlighting the need for economic rationalism in order to address pressing economic problems".


Exactly. Hawke was captured by the then new global neoliberal economic orthodoxy, without understanding the reasons for the establishment of neoliberalism.

And so today the major difference between the parties is in housing policy...and both fail to deal with the problem of sky-rocketing housing prices,  falling home ownership,  and un-affordable rent, threatening to permanently lock the low paid, job-insecure young (inter alia)  out of home ownership. 

Hawke forgot that Menzies was able to build sufficient public housing for low-wage earners to house everyone
(and eliminate unemployment) ......by running continuous government deficits in a growing economy. (in the pre-neoliberal era).

MMT offers the next stage in the evolution of a functioning economy (in the era of globalization), ie an economy which provides housing and jobs for everyone, by achieving continuous rises in living standards, in a non high-population-growth environment (in contrast to the immigration fueled, post war Menzies years).






Title: Re: privatisation
Post by Frank on May 17th, 2022 at 5:51pm
TUZENBAKH. The yearning for work, oh dear, how well I understand it! I've never worked in my life. I was born in cold, idle Petersburg, in a family that had known nothing of work or cares of any kind. I remember, when I came home from the military school, a valet used to pull off my boots. I used to be troublesome, but my mother looked at me with reverential awe, and was surprised when other people didn't do the same. I was shielded from work. But I doubt if they have succeeded in shielding me completely, I doubt it! The time is at hand, an avalanche is moving down upon us, a mighty clearing storm which is coming, is already near and will soon blow the laziness, the indifference, the distaste for work, the rotten boredom out of our society. I'll work, and in another twenty-five or thirty years every one will have to work. Every one!

Chekhov, The Three Sisters, 1901.


And he was right about Russia  - and look what happened to Russia.

Title: Re: privatisation
Post by John Smith on May 17th, 2022 at 7:35pm
.

Title: Re: Modern Monetary Theory (MMT)
Post by John Smith on May 17th, 2022 at 7:38pm

Baronvonrort wrote on Apr 13th, 2022 at 9:22pm:

John Smith wrote on Apr 13th, 2022 at 5:12pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.


That's more bullshit from a bullshitter.

With the internet people get coverage for what they want.

We should also sell off the remaining part of Telstra. People in remote areas aren't going to get copper cables to connect that's too expensive when they can use 4g/5g coverage.

Elon Musks starlink is  giving internet coverage which would be cheaper and quicker than waiting for Telstra to run copper lines into remote areas.

As for water lots of people still use rainwater tanks in rural areas they truck in water when tanks run dry.

The governments job is running the country they should sell off any business they're involved with.



;D ;D ;D

my internet stop working almost every time it rains or when the guy down the road waters his lawn

Thanks to the libtard party

Title: Re: privatisation
Post by John Smith on May 17th, 2022 at 7:40pm

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter

Title: Re: Modern Monetary Theory (MMT)
Post by Frank on May 17th, 2022 at 8:43pm

John Smith wrote on May 17th, 2022 at 7:38pm:

Baronvonrort wrote on Apr 13th, 2022 at 9:22pm:

John Smith wrote on Apr 13th, 2022 at 5:12pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.


That's more bullshit from a bullshitter.

With the internet people get coverage for what they want.

We should also sell off the remaining part of Telstra. People in remote areas aren't going to get copper cables to connect that's too expensive when they can use 4g/5g coverage.

Elon Musks starlink is  giving internet coverage which would be cheaper and quicker than waiting for Telstra to run copper lines into remote areas.

As for water lots of people still use rainwater tanks in rural areas they truck in water when tanks run dry.

The governments job is running the country they should sell off any business they're involved with.



;D ;D ;D

my internet stop working almost every time it rains or when the guy down the road waters his lawn

Thanks to the libtard party

Move out of the Italian ghetto, Planks. They have been dudding you, the compadres.




Title: Re: privatisation
Post by freediver on May 17th, 2022 at 9:20pm

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.

Title: Re: privatisation
Post by Dnarever on May 17th, 2022 at 9:21pm
Privatisation is a great idea - Never.

Title: Re: privatisation
Post by freediver on May 17th, 2022 at 9:23pm

Dnarever wrote on May 17th, 2022 at 9:21pm:
Privatisation is a great idea - Never.


Why do you think the Labor party is so fond of it?

Title: Re: privatisation
Post by Dnarever on May 17th, 2022 at 9:26pm

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.


You have some examples of this happening? I can not say that I have ever seen this . As often as not we get the argument that privatisation forces the price down through competition though we know that isn't true either.

So now we have the argument that Government run will price too low and the competition from privatisation will reduce the prices by more.

Does that sound about right?

Title: Re: privatisation
Post by freediver on May 17th, 2022 at 9:30pm

Quote:
As often as not we get the argument that privatisation forces the price down though we know that isn't true either.


It forces the cost down. The price under government control is entirely arbitrary. Whatever they think will win the most votes.


Quote:
You have some examples of this happening.


A public education is free. That does not mean it has no cost, or that you do not pay for it.

I would have thought all of this is bleeding obvious.

Title: Re: privatisation
Post by thegreatdivide on May 17th, 2022 at 9:34pm

freediver wrote on May 17th, 2022 at 9:23pm:

Dnarever wrote on May 17th, 2022 at 9:21pm:
Privatisation is a great idea - Never.


Why do you think the Labor party is so fond of it?


You can't read? (#200).

Because it was endorsed by their hero Bob Hawke.

"While privatization is supported by neoliberal ideology that stipulates less government intervention in the economy, Australia's history of privatization was initiated under a Labor government, which appears to defy Labor Party policy objectives.

However, during the Hawke-Keating years, there were attempts to remove the ideological underpinnings of the debate on privatisation, as the approach taken by the government was "more about a pragmatic choice" to modernise and open the economy to international markets. Prime Minister Hawke said, "The difference between us will be one of ideology. That will distinguish us from the opposition (Liberals).

Hawke was rebuking the charge that Labor had abandoned its commitments to public ownership and enterprise, while highlighting the need for economic rationalism in order to address pressing economic problems".


Hawke was captured by the then new global neoliberal economic orthodoxy, without being aware of it.

And so today the major difference between the parties is in housing policy...and both fail to deal with the problem of sky-rocketing housing prices,  falling home ownership, and un-affordable rent.

Hawke forgot that Menzies was able to build sufficient public housing for low-wage earners to house everyone
(and eliminate unemployment) ......by running continuous government deficits in a growing economy.

MMT offers the next stage in the evolution of a functioning economy, ie one which provides housing and jobs for everyone, by achieving continuous rises in living standards, in a non high-population-growth environment (in contrast to the immigration fueled, post war Menzies years).







Title: Re: privatisation
Post by Frank on May 17th, 2022 at 9:34pm

Dnarever wrote on May 17th, 2022 at 9:21pm:
Privatisation is a great idea - Never.

That is just too stupid.

Why don't you give away all your possessions, duckwit?

Because you are too stupid and never actually mean the shite you blurt.



Title: Re: Privatisation
Post by thegreatdivide on May 17th, 2022 at 9:43pm

Frank wrote on May 17th, 2022 at 8:43pm:
Move out of the Italian ghetto, Planks. They have been dudding you, the compadres.


It's the neoliberal privatisation system beloved by comfortable conservatives which is the  reason for the "Italian ghetto", not the hard working "compadres".

Title: Re: privatisation
Post by thegreatdivide on May 17th, 2022 at 9:51pm

Frank wrote on May 17th, 2022 at 9:34pm:

Dnarever wrote on May 17th, 2022 at 9:21pm:
Privatisation is a great idea - Never.

That is just too stupid.

Why don't you give away all your possessions, duckwit?

Because you are too stupid and never actually mean the shite you blurt.


In the post war era, Liberal premier Sir Thomas Playford nationalized SA's electricity, to take advantage of cheap brown coal in Leigh Creek.

Why?

Because The private Adelaide Electricity Company didn't want to use the cheaper resource, because it would have cut profits.

The ALP loved the lower electricity prices - they called Playford "the state's best socialist".

Title: Re: privatisation
Post by thegreatdivide on May 17th, 2022 at 10:13pm

freediver wrote on May 17th, 2022 at 9:30pm:
It forces the cost down. The price under government control is entirely arbitrary. Whatever they think will win the most votes.


Certainly Playford's nationalization of SA's electricity sector resulted in the rapid post war industrialization of SA, and lower energy prices.

https://en.wikipedia.org/wiki/Thomas_Playford_IV


"By then at the head of the only conservative government in the nation, when Playford requested commonwealth funds to assist in the nationalisation of the AESC Prime Minister Chifley responded with glee and enthusiasm.[83][84] On 11 October, he presented a bill to Parliament to nationalise the AESC and create the Electricity Trust of South Australia.


Quote:
A public education is free. That does not mean it has no cost, or that you do not pay for it.


But of course education has to be paid for by the state, except for the children of the wealthy.


Quote:
I would have thought all of this is bleeding obvious.


Many have been deluded ever since Thatcher said "there is no such thing as society".

Hence the persistence of the privatization ideology.

Playford was wiser: 

"The nationalisation of the AESC was the most prominent manifestation of Playford's economic pragmatism; although ideologically a supporter of free enterprise like his colleagues, he saw ideology as secondary if in the way of his objectives. He had little time for those who objected to plans that were for the betterment of South Australia, despite these plans being contrary to particular interpretations of party ideology"



Title: Re: Privatisation
Post by Ye Grappler on May 18th, 2022 at 12:43pm

thegreatdivide wrote on May 17th, 2022 at 9:43pm:

Frank wrote on May 17th, 2022 at 8:43pm:
Move out of the Italian ghetto, Planks. They have been dudding you, the compadres.


It's the neoliberal privatisation system beloved by comfortable conservatives which is the  reason for the "Italian ghetto", not the hard working "compadres".



All made men, capisce?  Indeed - the group import ethnics did and do tend to gather together.... must be racism, eh?  There was a lot of that with the early Italians and Greeks (Greeks are good with knives), the Yugos and such... and of course the Lbs and now the Mussos... they LOVE their ghettoes... makes 'em feel all secure surrounded day and night by gunfire and potential death at every doorstep or gym and knowing they are the centre of organised criminal enterprise... just like-a home!  Just can't sleep without the sound of gunfire.... and being on the edge of death sharpens their appreciation of life....

The trouble with all these fairy castle ideologies and their rhetoric about poor widdle effnicks being discriminated against no matter what they do in reality, is that they all stumble at the first hurdle in the real world.... and no matter how many obstacles they stumble over they refuse to give up... A for effort - Z for reality.

I was about to make a killing with a horde of recorded car backfiring sounds on DVD to help them sleep ... now the bastards are into it for real.... another great idea down the tubes ...  :-/

Title: Re: privatisation
Post by Ye Grappler on May 18th, 2022 at 12:48pm
Thatcher meant there was no such thing as the scum below them.... they were just numbers to be herded wherever their betters chose to herd them.  Sociopathic to the max, and as all true sociopaths, totally blind to self.

Was she ever fully diagnosed for what her problems were?  I mean - old WW II Veterans with no legs deserved to have their meagre pensions cut while the pollies made hay... disfigured Falklands Veterans could be shunted away somewhere quiet and left out of public view and ignored.... the greatest good for the country resides in the greatest poverty being inflicted on the greatest number so the best can prosper and keep it all going.... lad-de-da-de-dah.

Nutty as a squirrel's nest in a macadamia tree.... as are all the dicks who continue to pursue those lines so as to ensure their own profits......... pure sociopaths in need of a firing squad....

BOTR!

Title: Re: Privatisation
Post by thegreatdivide on May 18th, 2022 at 1:09pm

Grappler Truth Teller wrote on May 18th, 2022 at 12:43pm:

thegreatdivide wrote on May 17th, 2022 at 9:43pm:

Frank wrote on May 17th, 2022 at 8:43pm:
Move out of the Italian ghetto, Planks. They have been dudding you, the compadres.


It's the neoliberal privatisation system beloved by comfortable conservatives which is the  reason for the "Italian ghetto", not the hard working "compadres".



All made men, capisce?  Indeed - the group import ethnics did and do tend to gather together.... must be racism, eh?  There was a lot of that with the early Italians and Greeks (Greeks are good with knives), the Yugos and such... and of course the Lbs and now the Mussos... they LOVE their ghettoes... makes 'em feel all secure surrounded day and night by gunfire and potential death at every doorstep or gym and knowing they are the centre of organised criminal enterprise... just like-a home!  Just can't sleep without the sound of gunfire.... and being on the edge of death sharpens their appreciation of life....

The trouble with all these fairy castle ideologies and their rhetoric about poor widdle effnicks being discriminated against no matter what they do in reality, is that they all stumble at the first hurdle in the real world.... and no matter how many obstacles they stumble over they refuse to give up... A for effort - Z for reality.

I was about to make a killing with a horde of recorded car backfiring sounds on DVD to help them sleep ... now the bastards are into it for real.... another great idea down the tubes ...  :-/


meanwhile you ignore Menzies' very successful housing policies....

Title: Re: privatisation
Post by thegreatdivide on May 18th, 2022 at 1:19pm

Grappler Truth Teller wrote on May 18th, 2022 at 12:48pm:
Thatcher meant there was no such thing as the scum below them.... they were just numbers to be herded wherever their betters chose to herd them.  Sociopathic to the max, and as all true sociopaths, totally blind to self.


Correct, occasionally you have a good grasp of the issue.


Quote:
Was she ever fully diagnosed for what her problems were?  I mean - old WW II Veterans with no legs deserved to have their meagre pensions cut while the pollies made hay... disfigured Falklands Veterans could be shunted away somewhere quiet and left out of public view and ignored.... the greatest good for the country resides in the greatest poverty being inflicted on the greatest number so the best can prosper and keep it all going.... lad-de-da-de-dah.


Indeed,  just simple minded Conservative 'survival of the fittest' ideology at its worst.

But the bad news is the Thatcher/Reagan privatization revolution (aided and abetted by Friedman's neoliberal supply-side economics) was adopted by luminaries like Hawke when he was faced with opening Oz to the world economy. 


Quote:
Nutty as a squirrel's nest in a macadamia tree.... as are all the dicks who continue to pursue those lines so as to ensure their own profits......... pure sociopaths in need of a firing squad....
BOTR!


And so economic neoliberalism is still wrecking the global and national economies.

https://scheerpost.com/2022/05/04/ellen-brown-a-monetary-reset-where-the-rich-dont-own-everything/

Ellen Brown: A Monetary Reset Where the Rich Don’t Own Everything

May 4, 2022

"We have a serious debt problem, but solutions such as the World Economic Forum’s “Great Reset” are not the future we want. It’s time to think outside the box for some new solutions".

Title: Re: privatisation
Post by John Smith on May 18th, 2022 at 7:42pm

freediver wrote on May 17th, 2022 at 9:30pm:
[quote]
It forces the cost down. T



Cost to whom? Certainly not the cost to the end user.

Title: Re: privatisation
Post by John Smith on May 18th, 2022 at 7:44pm

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.



good. Since my taxes were already paying for it anyway

Now I still pay the taxes and I get higher bills. Only a moron would argue that is a good thing.

Title: Re: Modern Monetary Theory (MMT)
Post by John Smith on May 18th, 2022 at 7:45pm

Frank wrote on May 17th, 2022 at 8:43pm:

John Smith wrote on May 17th, 2022 at 7:38pm:

Baronvonrort wrote on Apr 13th, 2022 at 9:22pm:

John Smith wrote on Apr 13th, 2022 at 5:12pm:

Baronvonrort wrote on Apr 12th, 2022 at 9:11pm:
We should privatise the ABC/SBS those who like it can buy shares in it. It will save taxpayers over a billion dollars a year. Why should those who don't watch it pay taxes for a small minority who don't want commercials to pay for it?


Crap. SBS and ABC provide local coverage for everyone, including in areas where private media would not bother.


That's more bullshit from a bullshitter.

With the internet people get coverage for what they want.

We should also sell off the remaining part of Telstra. People in remote areas aren't going to get copper cables to connect that's too expensive when they can use 4g/5g coverage.

Elon Musks starlink is  giving internet coverage which would be cheaper and quicker than waiting for Telstra to run copper lines into remote areas.

As for water lots of people still use rainwater tanks in rural areas they truck in water when tanks run dry.

The governments job is running the country they should sell off any business they're involved with.



;D ;D ;D

my internet stop working almost every time it rains or when the guy down the road waters his lawn

Thanks to the libtard party

Move out of the Italian ghetto, Planks. They have been dudding you, the compadres.


have you asked for a refund yet? ::)

Title: Re: privatisation
Post by John Smith on May 18th, 2022 at 7:48pm

freediver wrote on May 17th, 2022 at 9:30pm:
A public education is free. That does not mean it has no cost, or that you do not pay for it.



and private education is not free and STILL you have no idea what it costs.

Title: Re: privatisation
Post by Ye Grappler on May 18th, 2022 at 8:08pm
Armand a` Legge Enterprises........a division of CostlyCo

Title: Re: privatisation
Post by John Smith on May 18th, 2022 at 8:12pm

Grappler Truth Teller wrote on May 18th, 2022 at 12:43pm:
the group import ethnics did and do tend to gather together.



as do aussies living overseas .... your point?

Title: Re: privatisation
Post by freediver on May 18th, 2022 at 8:42pm

John Smith wrote on May 18th, 2022 at 7:44pm:

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.



good. Since my taxes were already paying for it anyway

Now I still pay the taxes and I get higher bills. Only a moron would argue that is a good thing.


So you are upset because privatisation didn't put an end to taxes?

Title: Re: privatisation
Post by Dnarever on May 18th, 2022 at 9:59pm

freediver wrote on May 17th, 2022 at 9:30pm:

Quote:
As often as not we get the argument that privatisation forces the price down though we know that isn't true either.


It forces the cost down. The price under government control is entirely arbitrary. Whatever they think will win the most votes.

[quote]You have some examples of this happening.


A public education is free. That does not mean it has no cost, or that you do not pay for it.

I would have thought all of this is bleeding obvious.[/quote]

All of this is bleeding obvious but it is a poor example which seems to be outside of your proposition and hence does not answer the question.



Quote:
They set the price to win votes, not to cover their costs.


How many votes are in Free public education and where is the expectation that it should cover costs?

The bleeding obvious does not support your claim as far as I can see. The example seems to be outside the scope of the claim.

Maybe you could do something with power or telecommunications but the issue there is that they all made greater government profits before they were privatised. Privatisation cost the country in government income quality of service and cost to the end users. So I guess maybe not so much there either.

Banking ? Well damn - another disaster with an out of control financial sector thumbing their nose at government direction and acting more like a banking cartel than competitors.


Title: Re: privatisation
Post by Dnarever on May 18th, 2022 at 10:11pm

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.



Quote:
They set the price to win votes


I cannot think of an example where the Government set the price ?

In everything I can think that has been privatised or may be Government holds the operations at arms length with zero input into pricing.

Title: Re: privatisation
Post by Baronvonrort on May 18th, 2022 at 10:19pm
If we look at electricity we have numerous power companies trying to get people to switch.

Those who shop around usually go with the company that has the lowest price when changing companies.

Competition drives the prices down.

The governments job is running the country it should not be involved in any business.

Title: Re: privatisation
Post by Ye Grappler on May 18th, 2022 at 11:56pm

John Smith wrote on May 18th, 2022 at 8:12pm:

Grappler Truth Teller wrote on May 18th, 2022 at 12:43pm:
the group import ethnics did and do tend to gather together.



as do aussies living overseas .... your point?


Just that they do it - your point??

'Scrimination and 'racism', innit - the way all these groups hang together... though some in them we'd like to see hang... and hang well ... least it keeps all the lower types in one place for easy disposal..... this was not called termination... it was called retirement for the Replicants .........

Title: Re: privatisation
Post by Ye Grappler on May 18th, 2022 at 11:58pm

Baronvonrort wrote on May 18th, 2022 at 10:19pm:
If we look at electricity we have numerous power companies trying to get people to switch.

Those who shop around usually go with the company that has the lowest price when changing companies.

Competition drives the prices down.

The governments job is running the country it should not be involved in any business.



Competition has not driven the prices down due to the simple reality that privatisation and the need to feed countless companies rather than a single entity has already raised prices by three times or more..... no amount of companies competing for a part of that already raised cost will make it as low as it should be.


Title: Re: privatisation
Post by Dnarever on May 19th, 2022 at 12:07am

Baronvonrort wrote on May 18th, 2022 at 10:19pm:
If we look at electricity we have numerous power companies trying to get people to switch.

Those who shop around usually go with the company that has the lowest price when changing companies.

Competition drives the prices down.

The governments job is running the country it should not be involved in any business.



Quote:
Competition drives the prices down.


No matter by how much or how often the facts absolutely refute this people continue to make the claim.

The prices on power never went down they have spiralled upwards out of control from day one of privatisation.

We have already had warnings this year to expect more cost increases for power.

We have this bogus competition where 90% of the companies that can sell you power do not generate any.

The original Government power provider installed over 90% of the network. Most power providers are getting a free ride where they get to charge you and that is about all.


Title: Re: privatisation
Post by Gnads on May 19th, 2022 at 7:43am

Baronvonrort wrote on May 18th, 2022 at 10:19pm:
If we look at electricity we have numerous power companies trying to get people to switch.

Those who shop around usually go with the company that has the lowest price when changing companies.

Competition drives the prices down.

The governments job is running the country it should not be involved in any business.



Bullshyte ...... never has.

Electricity like Telecommunications - they get you to switch at a lower price .......

then after a honeymoon period they start increasing the price.

And all of this competition rides in on the same infrastructure.

It's an exercise in smoke & mirrors.

Title: Re: privatisation
Post by Gnads on May 19th, 2022 at 7:51am

Baronvonrort wrote on May 18th, 2022 at 10:19pm:
If we look at electricity we have numerous power companies trying to get people to switch.

Those who shop around usually go with the company that has the lowest price when changing companies.

Competition drives the prices down.

The governments job is running the country it should not be involved in any business.


Here's a prime example it does not -


Quote:
NBN Co’s ‘sneaky’ 20pc hike will byte
EXCLUSIVE
STEPHEN DRILL
HOME internet prices will soar in a sneaky post-election cost-of-living
bombshell to be dropped as soon as Monday.
Industry sources say NBN Co will demand price rises of up to 20 per cent
on some smaller data plans, adding to consumers’ hip-pocket pain amid
rising interest rates.
The secret new prices NBN Co wants to charge retailers – including
Telstra, Optus and TPG – are in a submission to the Australian
Competition and Consumer Commission (ACCC). NBN Co sent through a -
redacted version of the pricehike paper, which in April forced the ACCC to
delay its release until after the election.
NBN Co’s submission to the ACCC, known as the Special Access
Undertaking, will lock in price rises to 2040.
The $60bn network has been plagued by cost blowouts and revelations
taxpayers footed the bill for senior executives’ Lego training sessions.
New Zealand rolled out its high-speed broadband at a cost of $1200 per
premises in 2021, while NBN Co spent $4400.
It’s understood larger distances, as well as leasing payments to Telstra,
added to the cost of the rollout here.
But retail prices for NBN are much cheaper in NZ – Spark offers 859Mbps
for $A90 a month, including Netflix.
Telstra charges $140 a month for 700Mbps, with higher wholesale costs
paid to NBN Co passed on to customers.
Telstra spokesman Steve Carey said the NBN was underused and urged a
review.
“We want NBN Co to be successful. But we need a way forward that
delivers more certainty for the market, better services for customers, and
sustainable returns for retailers – without excessive profits for NBN Co,”
he said.
Antony de Jong, boss of Vocus Retail, which owns Dodo, iPrimus and
Commander, said there was a risk “low-income Australians” were
“ignored and left behind”.
TPG Telecom’s James Rickards said: “We need a pricing structure that
makes broadband more affordable and accessible for all homes and
businesses – not one that adds to the cost-of-living pressures.”

Title: Re: privatisation
Post by freediver on May 19th, 2022 at 9:17pm

Dnarever wrote on May 18th, 2022 at 10:11pm:

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.



Quote:
They set the price to win votes


I cannot think of an example where the Government set the price ?

In everything I can think that has been privatised or may be Government holds the operations at arms length with zero input into pricing.


Would you like to have another go at using sentences?


Quote:
Here's a prime example it does not


Classic example, but if DNA didn't think of it, does it exist?

Title: Re: privatisation
Post by Dnarever on May 20th, 2022 at 12:17am

freediver wrote on May 19th, 2022 at 9:17pm:

Dnarever wrote on May 18th, 2022 at 10:11pm:

freediver wrote on May 17th, 2022 at 9:20pm:

John Smith wrote on May 17th, 2022 at 7:40pm:

freediver wrote on Apr 14th, 2022 at 7:47am:
No you do not always know what you pay, especially when the government is running it.

You have no evidence at all.



I'm not surprised that you are clueless but most people know what their services cost them. They typically get a bill every month or quarter


Not when the government runs things. They set the price to win votes, not to cover their costs.



Quote:
They set the price to win votes


I cannot think of an example where the Government set the price ?

In everything I can think that has been privatised or may be Government holds the operations at arms length with zero input into pricing.


Would you like to have another go at using sentences?

[quote]Here's a prime example it does not


Classic example, but if DNA didn't think of it, does it exist?[/quote]


Quote:
Would you like to have another go at using sentences?


No

Would you like to point to something to support your statement - What did the government privatise that they previously set the price on ?


Quote:
Classic example, but if DNA didn't think of it, does it exist?


If that were true why would I ask to be enlightened ?

Surely there is an example to show that what you said is true.

It is true that I can think of none, it is possible that it is my failing?


Title: Re: privatisation
Post by thegreatdivide on Jun 4th, 2022 at 11:25pm
John  Clarke and Brian Dawe on electricity privatization:

https://www.youtube.com/watch?v=ELaBzj7cn14

Title: Re: privatisation
Post by Ye Grappler on Jun 4th, 2022 at 11:26pm
... sucks ......

Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 10:29am

Quote:
Would you like to point to something to support your statement - What did the government privatise that they previously set the price on ?


Everything that the government privatised previously had the price set by the government.

Title: Re: privatisation
Post by thegreatdivide on Jun 5th, 2022 at 1:10pm

freediver wrote on Jun 5th, 2022 at 10:29am:
Everything that the government privatised previously had the price set by the government.


https://theconversation.com/australias-credit-rating-is-irrelevant-ignore-it-151579?utm_source=twitter&utm_medium=twitterbutton

"In order to fund the extra debt payments, those (Australian) states will be under pressure to outsource and privatise things that aren’t yet privatised, even though on one estimate none of Australia’s privatisations over the past 30 years has ended up benefiting the public.

Read the full article  in the MMT thread,  entitled:

Australia’s credit rating is irrelevant. Ignore it

(link)

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/165#179




Title: Re: privatisation
Post by thegreatdivide on Jun 5th, 2022 at 1:10pm
.

Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 1:14pm

Quote:
even though on one estimate none of Australia’s privatisations over the past 30 years has ended up benefiting the public


So one moron took a wild guess. Why should we care?

Title: Re: privatisation
Post by thegreatdivide on Jun 5th, 2022 at 2:05pm

freediver wrote on Jun 5th, 2022 at 1:14pm:

Quote:
even though on one estimate none of Australia’s privatisations over the past 30 years has ended up benefiting the public


So one moron took a wild guess. Why should we care?


No wild guess, and unlike you, some are aware of the whole privatization scam.


("Yes the sale price (of the government monopoly)  was so wrong (deficient)*** that one has to suspect outright criminality or criminal incompetence. Either way, it was morally criminal and would have been legally criminal if we had had decent laws in place. It’s one of the many reasons why I have long detested the class traitor Keating who was Australia’s Thatcher and Blair, with all the worst qualities of both rolled into one person.

*** like the transfer of the Russian state's wealth to private oligarchs when the USSR collapsed.

In Keating's case, it was sheer incompetence/ignorance, like Obama in the GFC, who failed to imprison even ONE of the private sector financial-industry crooks who caused it. 



Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 3:38pm
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?

Title: Re: privatisation
Post by thegreatdivide on Jun 5th, 2022 at 4:52pm

freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


On the basis of "essential social/public service". 

Market failure is egregious and sometimes catastrophic especially for those least able to bear the market failure.

Meanwhile Oz is flogging  its vast gas reserves overseas (via contract) , and now  the government has to work out how to deal with "market" prices which are damaging our own economy and people....  aka 'market failure'. 

The solutions which Labor adopts will be interesting to see, asthe Coalition will be screaming "bad management"... in a hideous continuation of the BS adversarial 2 party political game.

Title: Re: Modern Monetary Theory (MMT)
Post by Xavier on Jun 5th, 2022 at 4:57pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.

True.

The Medical Industry should be running their own show.
Not the Government. Politicians should be just running Politics.

Title: Re: Modern Monetary Theory (MMT)
Post by thegreatdivide on Jun 5th, 2022 at 5:10pm

Jasin wrote on Jun 5th, 2022 at 4:57pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.

True.

The Medical Industry should be running their own show.
Not the Government. Politicians should be just running Politics.


You mean Medicare should be abolished?


Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 5:36pm

Quote:
On the basis of "essential social/public service".

Market failure is egregious and sometimes catastrophic especially for those least able to bear the market failure.


Are you suggesting the two are the same?

Do you think food production should be derivatised because it is essential?

Title: Re: privatisation
Post by thegreatdivide on Jun 5th, 2022 at 6:12pm

freediver wrote on Jun 5th, 2022 at 5:36pm:
Are you suggesting the two are the same?



Essential services and essential goods? Yes, but treated differently. 

I'm suggesting essential services like education, health care, energy and public infrastructure should always remain in public hands (eg, no toll roads) , to avoid market failure in the delivery of these essential services (which we are currently witnessing in the latest Oz market gas-price debacle).

Whereas essential  "goods" like housing and food which are best provisioned by the private sector in private sector markets***, need  only be subsidized - for a section of the population only - by government when neoliberal NAIRU market failure leaves the most disadvantaged  homeless or hungry.

***food and housing are mostly produced by small businesses unable to determine market outcomes, gas is produced by big business able to determine global market pricing. 


Quote:
Do you think food production should be derivatised because it is essential?


Addressed above.

Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 6:25pm
Why is electricity a service and not a good?


Quote:
Essential services and essential goods?


Market failures and essential services. On what basis do you think we should be deciding whether an industry should be run by the government or privately? You seemed to be arguing both are the reason.

Title: Re: privatisation
Post by Ye Grappler on Jun 5th, 2022 at 8:36pm
How would we effect rapid transfer of troops by autobahn?

https://www.youtube.com/watch?v=SbWg-mozGsU

Title: Re: privatisation
Post by Ye Grappler on Jun 5th, 2022 at 8:39pm
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....

Title: Re: privatisation
Post by Xavier on Jun 5th, 2022 at 9:24pm
The Government owns everyone's Private Parts.
No wonder the domestic population growth here is so slow like a snail trail from a legless woman.

Title: Re: privatisation
Post by freediver on Jun 5th, 2022 at 9:30pm

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?

Title: Re: privatisation
Post by Dnarever on Jun 6th, 2022 at 12:29am

freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.

Title: Re: privatisation
Post by Ye Grappler on Jun 6th, 2022 at 12:31am

freediver wrote on Jun 5th, 2022 at 9:30pm:

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???

Title: Re: Modern Monetary Theory (MMT)
Post by Ajax on Jun 6th, 2022 at 1:45am

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.



Title: Re: privatisation
Post by Gnads on Jun 6th, 2022 at 7:03am

Grappler Truth Teller wrote on Jun 6th, 2022 at 12:31am:

freediver wrote on Jun 5th, 2022 at 9:30pm:

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest




Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Jun 6th, 2022 at 7:04am

Ajax wrote on Jun 6th, 2022 at 1:45am:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.


About sums it up

Title: Re: privatisation
Post by Ye Grappler on Jun 6th, 2022 at 10:45am

Gnads wrote on Jun 6th, 2022 at 7:03am:

Grappler Truth Teller wrote on Jun 6th, 2022 at 12:31am:

freediver wrote on Jun 5th, 2022 at 9:30pm:

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest



No, no, no - I meant food is cheaper when fuel costs are lower... just my way of speaking... meaning we need to diversify away from addiction to this mythical and self-serving to a few profiteers 'global economy' that is ruining nations, peoples, and the world.

I know the price of diesel - got a diesel Terr'uh'tree meself... goes great with Nulon added to oil  and diesel power added to fuel etc, and about 8.3/100km (AWD has lower diff ratios) but even so - trips to doctors and such ... brrrrr...

Got a set of King springs arriving today... found in the past with diesel vans that they are less fuel costly with good suspension and handling, less throttle changing needed and faster overall per unit of fuel.  Also ride is better for the disabled old girl... only cost me $400 and now a broken back to fit them.

Title: Re: privatisation
Post by Dnarever on Jun 6th, 2022 at 11:20am

freediver wrote on Jun 5th, 2022 at 9:30pm:

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


All of the above and plenty more.

Essential services should be provided by government when practical to do so.

Essential product availability should be protected by government but privately provided (not essential) in many cases.

Title: Re: privatisation
Post by Dnarever on Jun 6th, 2022 at 11:23am

Gnads wrote on Jun 6th, 2022 at 7:03am:

Grappler Truth Teller wrote on Jun 6th, 2022 at 12:31am:

freediver wrote on Jun 5th, 2022 at 9:30pm:

Grappler Truth Teller wrote on Jun 5th, 2022 at 8:39pm:
Electricity is an essential to businesses and homes........ it should never be held hostage to privateering groups intent on profit first.... such profiteering has a negative effect on the entire economy, not least on the costs of living and of buying goods from businesses..... thus all suffer.

Same with transport/roads etc.... rail .... gas.....

Some things should be left in the hands of governments to charge running costs plus a little left over against future requirements....


What is more essential - electricity, or food?


Food is cheaper due to lower transport costs from lower tolls and taxes.... food is cheaper when the ability to cook it is cheaper...

Hello???


Not now diesel is over $2 per ltr ...... Thursday just gone ...

tomatoes $9.70(normal type) per kg to $15.80 per kg(truss/stalk on)

Cherry tomatoes $16 a kg

Lebanese cucumber $9.80 a kg

iceberg lettuce $5.50 each

broccoli $3.50 per flourette

lamb leg $15 per kg

budget rump $26 a kg - up to $48 a kilo higher grade

rib fillet $44 per kg - (Wagyu $99 per kg)

Chicken & pork still the cheapest


What percentage of this is genuinely cost related and how much is just profiteering ? (just because they can and have an excuse to get away with it).

Title: Re: Modern Monetary Theory (MMT)
Post by Captain Caveman on Jun 6th, 2022 at 3:07pm

Ajax wrote on Jun 6th, 2022 at 1:45am:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??

They ran them in the past, its only since neo-liberalism came in the early 80s led by the Hawke Keating government that the Government owning anything is considered communism.

Globalization and free trade is the oligarchs laws imposed on governments who for what ever reason pass them.

The world was a better place when we were under the Keynesian economic system rather than this neo-liberalism we have today were corporations run the show and not governments.

Before the early 1980s our and every government in the free world were not only a player but also THE coach of the team.

What do I mean by that, well you had a choice you either work for government or private industry.

Not only that if a bank wanted to do something that might jeopardise the country the Government could step in put them over its knee and give them a good spanking.

Remember the 2008 GFC......!?

The bottom line of the neo-liberal treatise is,

"Put everything into the hands of corporations and all else will sort itself out"

What a load of malarkey that is.

We've had nearly 40 years of it houses are now affordable by the time your current kids and then grand kids grow up forget it lol.

Everything has been going up except wages n salaries.

What will it take for people power to come to the fore.

Does it have to get down to not being able to put a steam on the table or buy a beer at the pub.

Surely we are smarter than that.




Great post.



To add...
Our government is also a corporation.
We, as free humans, have the right to walk away from any corporation dealings.
I never signed a thing to say that I will abide by any corporation and their workplace rules

That's all the laws can be now, work place rules and terms of employment.

Title: Re: privatisation
Post by thegreatdivide on Jun 6th, 2022 at 4:00pm

freediver wrote on Jun 5th, 2022 at 6:25pm:
Market failures and essential services. On what basis do you think we should be deciding whether an industry should be run by the government or privately? You seemed to be arguing both are the reason.


Correct. Market failure in the non-essential/discretionary sector need not be a concern of government (though it may be). 

Title: Re: privatisation
Post by thegreatdivide on Jun 6th, 2022 at 4:08pm

Jasin wrote on Jun 5th, 2022 at 9:24pm:
The Government owns everyone's Private Parts.
No wonder the domestic population growth here is so slow like a snail trail from a legless woman.


You have it back to front.  Multinational corporations and private financiers  "own everyone's Private Parts".

Government is forced to tax from reluctant citizens (like you), and/or borrow from private financiers.   

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Jun 7th, 2022 at 4:12pm

Ajax wrote on Jun 6th, 2022 at 1:45am:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??


Lack of a valid reason for them to be running them. If the government ran everything, we would be lining up for bread in a communist state.


Quote:
They ran them in the past


Historical accident is not a rational justification.


Dnarever wrote on Jun 6th, 2022 at 12:29am:

freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.


That is only an argument for selling it for 20% more.

If you bake a cake and burn it to a crisp, do you insist that is a good reason for getting the government to bake all cakes in the future?

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on Jun 7th, 2022 at 6:35pm

freediver wrote on Jun 7th, 2022 at 4:12pm:

Ajax wrote on Jun 6th, 2022 at 1:45am:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??


Lack of a valid reason for them to be running them. If the government ran everything, we would be lining up for bread in a communist state.


Quote:
They ran them in the past


Historical accident is not a rational justification.


Dnarever wrote on Jun 6th, 2022 at 12:29am:

freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.


That is only an argument for selling it for 20% more.

If you bake a cake and burn it to a crisp, do you insist that is a good reason for getting the government to bake all cakes in the future?



You should have stopped there.

No one has said that the govt. should "run everything".

Essential services like electricity, water & public transport should be in govt hands.

Greedy corporations should have no hand in it.

And as has been stated before by many here .....

there has not been one former govt owned public utility state or Federal that has been privatised that has resulted in lower prices for consumers.

Your competition theory is full of holes.

It's more like price fixing collusion that has occurred .... on the way up.

Title: Re: privatisation
Post by freediver on Jun 7th, 2022 at 7:48pm

Quote:
Essential services like electricity, water & public transport should be in govt hands.


Yet you cannot explain why. Why is providing food not an essential service, but providing electricity is? Simply listing the products and services you think the government should run is not an explanation, even if you arbitrarily label them "essential". It is just you confusing an accident of history with a rational argument.

Title: Re: privatisation
Post by thegreatdivide on Jun 7th, 2022 at 11:43pm

freediver wrote on Jun 7th, 2022 at 7:48pm:
Why is providing food not an essential service, but providing electricity is? Simply listing the products and services you think the government should run is not an explanation, even if you arbitrarily label them "essential". It is just you confusing an accident of history with a rational argument.


Essential services like electricity, energy, roads, health, and education  are best provided by government monopolies, (aka 'natural monopolies') to avoid profit gouging by private companies, leading to market failure (which we are currently seeing with the Oz gas market).   

On the other hand, food and house producers face competition in local markets which restricts monopolization and price gouging, hence private sector  market efficiencies will operate as intended.   

So we can differentiate between 'essential services', on the basis of ability to monopolize the market, or the existence of a natural monopoly (eg the NBN) , to determine which services should be in government hands.   

Title: Re: privatisation
Post by Gnads on Jun 8th, 2022 at 9:55am

freediver wrote on Jun 7th, 2022 at 7:48pm:

Quote:
Essential services like electricity, water & public transport should be in govt hands.


Yet you cannot explain why. Why is providing food not an essential service, but providing electricity is? Simply listing the products and services you think the government should run is not an explanation, even if you arbitrarily label them "essential". It is just you confusing an accident of history with a rational argument.



You being obviously thick or what?

Why? because the service has not improved & it certainly has increased dramatically in price contrary to the claims that privatisation would improve service & reduce prices through competition.

It has done neither.

All it has done is increase prices & profits for shareholders.

Food security & access to the staples is an essential service.

The price of bread & milk increases are nowhere near the levels of the increases in electricity & water prices.

Title: Re: privatisation
Post by Gnads on Jun 8th, 2022 at 9:55am
XX

Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 9:57am

Quote:
On the other hand, food and house producers face competition in local markets


Why wouldn't electricity producers face competition?


Quote:
because the service has not improved & it certainly has increased dramatically in price contrary to the claims


Can you prove that the cost has increased? Note, this is not the same as the price.


Quote:
The price of bread & milk increases are nowhere near the levels of the increases in electricity & water prices.


Are you suggesting we decide whether to privatise an industry by looking at what happens to price after it is privatised?

Title: Re: privatisation
Post by Gnads on Jun 8th, 2022 at 10:26am

freediver wrote on Jun 8th, 2022 at 9:57am:

Quote:
On the other hand, food and house producers face competition in local markets


Why wouldn't electricity producers face competition?

[quote]because the service has not improved & it certainly has increased dramatically in price contrary to the claims


Can you prove that the cost has increased? Note, this is not the same as the price.


Quote:
The price of bread & milk increases are nowhere near the levels of the increases in electricity & water prices.


Are you suggesting we decide whether to privatise an industry by looking at what happens to price after it is privatised?[/quote]

Cease selectively editing posts.

You have banned people for doing that in the past.

How about you explain the massive price increases in electricity & gas?

Aust fracked gas is being sold into Asia for 4 cents a gigajoule(39 litres)

LPG gas costs Australians $1.18 per litre.

Is being obtuse a deliberate ploy?

Electricity generation & supply should never have been privatised in the first place.

Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 10:30am

Quote:
How about you explain the massive price increases in electricity & gas?


You could try looking on the front page of the newspaper. It is largely caused by uncertainty surrounding carbon emissions regulations. Under current legislation, it is not (very) financially viable to incest more in renewables. But it also does not make sense to build new coal fired power stations, as they are expected to be phased out before the end of their lifetime, which is very long.

Title: Re: privatisation
Post by Gnads on Jun 8th, 2022 at 10:40am

freediver wrote on Jun 8th, 2022 at 10:30am:

Quote:
How about you explain the massive price increases in electricity & gas?


You could try looking on the front page of the newspaper. It is largely caused by uncertainty surrounding carbon emissions regulations. Under current legislation, it is not (very) financially viable to incest more in renewables. But it also does not make sense to build new coal fired power stations, as they are expected to be phased out before the end of their lifetime, which is very long.


;D ;D Sounds right - phuqing things over close to home  ;D

It is the large corporate energy companies that are cashing in on renewable project investment.

They are not investing in new coal fired generation because banks wont touch it because they gone green woke.

They're all about making money & they will be raking it in from both sides - renewables & what's left of our coal fired generation ... because the price is rising rapidly.


Quote:
The Australian Energy Market Operator (AEMO) recently revealed that the wholesale cost of electricity in the National Electricity Market (NEM) for the first three months of 2022 has increased by 141% compared to the same quarter last year.



Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 11:05am

Quote:
It is the large corporate energy companies that are cashing in on renewable project investment.


They are being forced to invest in renewables. That is another reason for the increase in prices. Without the MRET, they would not be.

In any case, it has nothing to do with privatisation, except tangentially in the sense that the high prices are a result of bad government policy.

Title: Re: privatisation
Post by thegreatdivide on Jun 8th, 2022 at 12:29pm

freediver wrote on Jun 8th, 2022 at 9:57am:
Why wouldn't electricity producers face competition?


Because they are likely to be monopolies, like the Adelaide Electricity Company  which Playford nationalized in 1946 because the company was a monopolistic profit-maximising, price gouger. 


Quote:
Can you prove that the cost has increased? Note, this is not the same as the price.


Er....we have a cost of living emergency, courtesy of your survival of the fittest neoliberal "invisible hand" market orthodoxy.


Quote:
Are you suggesting we decide whether to privatise an industry by looking at what happens to price after it is privatised?


No.

[Note: you - being a self admitted ideological fraud, see post #24..."FTW"....ignored my reply addressing your question above; you merely take replies  of different people and lump them into one post].

To answer your question, we look at issues like natural monopolies versus market efficiency, in the delivery of essential services.

And by the way, we need mixed economies (public and private) in housing, to ensure everyone is housed, as was achieved by Menzies' "Public Housing Department", and is the case in Singapore

As for food, given the vagaries of energy markets and input costs for farmers, food costs for low income groups may need to be subsidized by the government.

 

Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 12:30pm

Quote:
Because they are likely to be monopolies, like the Adelaide Electricity Company  which Playford nationalized in 1946 because the company was a monopolistic profit-maximising, price gouger.


Why is electricity production likely to be a monopoly?

Title: Re: privatisation
Post by thegreatdivide on Jun 8th, 2022 at 12:40pm

freediver wrote on Jun 8th, 2022 at 12:30pm:

Quote:
Because they are likely to be monopolies, like the Adelaide Electricity Company  which Playford nationalized in 1946 because the company was a monopolistic profit-maximising, price gouger.


Why is electricity production likely to be a monopoly?


Because  the harnessing of  fossil energy - or solar energy - requires $billions  - and in the case of renewables - $trillions in investment, creating a natural monopoly (like the NBN and the Adelaide Electricity Company  cf a family business building houses or growing food in the market economy ( and even so prices will need to subsidized by government, for low income groups).

Title: Re: privatisation
Post by Dnarever on Jun 8th, 2022 at 12:45pm

freediver wrote on Jun 8th, 2022 at 9:57am:

Quote:
On the other hand, food and house producers face competition in local markets


Why wouldn't electricity producers face competition?

[quote]because the service has not improved & it certainly has increased dramatically in price contrary to the claims


Can you prove that the cost has increased? Note, this is not the same as the price.


Quote:
The price of bread & milk increases are nowhere near the levels of the increases in electricity & water prices.


Are you suggesting we decide whether to privatise an industry by looking at what happens to price after it is privatised?[/quote]


Quote:
Are you suggesting we decide whether to privatise an industry by looking at what happens to price after it is privatised?


I would think that the certainty of price gouging being a substantial part of privatisation would mean that it is necessary to consider it in any privatisation process.

Privatisation means moving from the ownership of the people to a private company. Why would the people sell their property when they know they will be price gouged let alone as is the SOP for Australian privatisation of selling to governments friends at under 20% of the value.

Its a lose lose situation. We are not just printing money for big business we are taking money out of our individual pockets and giving it to them for no reason. There is absolutely no benefit for Australians in doing this, The reward is higher costs and worse service.

We are still after about 5 decades to see the first Australian successful privatisation, the performance has been horrendous.

Title: Re:privatisation
Post by Dnarever on Jun 8th, 2022 at 12:58pm

freediver wrote on Jun 7th, 2022 at 4:12pm:

Ajax wrote on Jun 6th, 2022 at 1:45am:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Why.....................??


Lack of a valid reason for them to be running them. If the government ran everything, we would be lining up for bread in a communist state.


Quote:
They ran them in the past


Historical accident is not a rational justification.


Dnarever wrote on Jun 6th, 2022 at 12:29am:

freediver wrote on Jun 5th, 2022 at 3:38pm:
Selling something for the wrong price is not an argument that it should not have been sold. It is an argument that the sale price should have been different. Governments do things incorrectly all the time, just like private companies. This alone tells you nothing about whether they should be doing them in the first place.

On what basis do you think we should be deciding whether an industry should be run by the government or privately? Is it merely an accident of history?


When the government is selling our property to their mates at 20% its value at best it is very much the case that it should have not been sold. Just as the fact that nobody has been able to point to one single successful privatisation.


That is only an argument for selling it for 20% more.

If you bake a cake and burn it to a crisp, do you insist that is a good reason for getting the government to bake all cakes in the future?


If you cannot sell a product like an industry at its value then the argument for selling a profit making industry fails to exist.

Why would you deliberately make a huge loss just for dogmatic reasons when you have the option to continue to make big profits While providing better service at lower prices maintaining control over the industry and employing more people on better wages and conditions.

This is at the same time as living up to governments responsibility to provide essential services in the country's best interests.

In most cases government privatisation entails a governments failure in living up to its responsibilities.

Title: Re: privatisation
Post by Frank on Jun 8th, 2022 at 1:10pm
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.


Title: Re: privatisation
Post by Dnarever on Jun 8th, 2022 at 1:49pm

Frank wrote on Jun 8th, 2022 at 1:10pm:
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.



Quote:
efficient to the competitive private sphere


Having worked both sides of this fence I can say that it is not true in general to say that private is more efficient or that there is much if any sign of competition as a driver anywhere in the Australian market. In fact I would say that in general Government employment is slightly less corrupt and slightly more efficient most of the time (there are some startling exceptions). There is a strong natural driver to keep prices low in the public sector that does not exist on the private side.

The private sector is driven by ever increasing profits that often devolve to as much as they can get away with - price gouging is not the exception.

Collusion among competitors is more common than competition. Why would multiple companies compete when they can all make greater profits together ?

Title: Re: privatisation
Post by Dnarever on Jun 8th, 2022 at 1:57pm

Frank wrote on Jun 8th, 2022 at 1:10pm:
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.



Quote:
The public can still set some controls


I remember when this argument was used when the commonwealth bank was privatised.

At the first opportunity to put it in practice the then PM Mr Howard stood on the steps of parliament and told the Banks to not increase interest rates in excess of the RBA increase or maybe it was to pass on the full decrease in rates -not sure which.

The Banks led by the Commonwealth basically thumbed their collective noses at Howard and instructed him to: "mind your own business" were the words used. Howard then proceeded to minding his own business as instructed while the banks did whatever they wanted to do.

Yes this some vague unspecified control really works well for the people - NOT Another good one is "The cheque is in the mail".

Title: Re: Modern Monetary Theory (MMT)
Post by Dnarever on Jun 8th, 2022 at 2:09pm

freediver wrote on Jun 7th, 2022 at 4:12pm:

Quote:
They ran them in the past


Historical accident is not a rational justification.


They mostly got it right in the past, power as example was not an accident and building a national grid was not achievable any other way at the time. Power is a service, it is essential and the government should provide it.

This is the most practical efficient and cost effective way to provide essential services.

Title: Re: privatisation
Post by Dnarever on Jun 8th, 2022 at 2:15pm

Gnads wrote on Jun 8th, 2022 at 10:40am:

freediver wrote on Jun 8th, 2022 at 10:30am:

Quote:
How about you explain the massive price increases in electricity & gas?


You could try looking on the front page of the newspaper. It is largely caused by uncertainty surrounding carbon emissions regulations. Under current legislation, it is not (very) financially viable to incest more in renewables. But it also does not make sense to build new coal fired power stations, as they are expected to be phased out before the end of their lifetime, which is very long.


;D ;D Sounds right - phuqing things over close to home  ;D

It is the large corporate energy companies that are cashing in on renewable project investment.

They are not investing in new coal fired generation because banks wont touch it because they gone green woke.

They're all about making money & they will be raking it in from both sides - renewables & what's left of our coal fired generation ... because the price is rising rapidly.

[quote]The Australian Energy Market Operator (AEMO) recently revealed that the wholesale cost of electricity in the National Electricity Market (NEM) for the first three months of 2022 has increased by 141% compared to the same quarter last year.


[/quote]


Quote:
increased by 141%


My what a lot of uncertainty. They must not be sure about anything.

Goes back to the old saying: When in doubt put the prices up.

Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 2:58pm

thegreatdivide wrote on Jun 8th, 2022 at 12:40pm:

freediver wrote on Jun 8th, 2022 at 12:30pm:

Quote:
Because they are likely to be monopolies, like the Adelaide Electricity Company  which Playford nationalized in 1946 because the company was a monopolistic profit-maximising, price gouger.


Why is electricity production likely to be a monopoly?


Because  the harnessing of  fossil energy - or solar energy - requires $billions  - and in the case of renewables - $trillions in investment, creating a natural monopoly (like the NBN and the Adelaide Electricity Company  cf a family business building houses or growing food in the market economy ( and even so prices will need to subsidized by government, for low income groups).


Crap. You do not need "$trillions" to invest in renewables. And a billion dollar price tag on a coal fired power station does not make something a natural monopoly. Quite the opposite in fact. If one station costs that much, why is it natural for one company to own them all?

Title: Re: privatisation
Post by Gnads on Jun 8th, 2022 at 6:44pm

Frank wrote on Jun 8th, 2022 at 1:10pm:
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.


As an employee of a govt monopoly for over 35 years & then for a private company for another 11 years when that wasn't allowed to happen anymore after the plagiarised Hilmer Report & the imposition of the ACCC.... I can tell you that is complete BS.

The private company I then worked for & the 3rd party operators are just fly by the seat of their pants cowboys.

And now one of those 3rd party operators nearly has a monopoly on all containerised rail freight on the east coast & across to Perth.

When that happens they charge what they like because the customer doesn't have an option except going by road.

You tell me where the majority of freight in this country should be - road or rail?


Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 8:02pm

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.

Title: Re: privatisation
Post by Dnarever on Jun 8th, 2022 at 8:08pm

freediver wrote on Jun 8th, 2022 at 8:02pm:

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.


No but one is less damaging to roads and the environment, should be cheaper and a lower risk (safer).

Title: Re: privatisation
Post by freediver on Jun 8th, 2022 at 8:12pm

Dnarever wrote on Jun 8th, 2022 at 8:08pm:

freediver wrote on Jun 8th, 2022 at 8:02pm:

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.


No but one is less damaging to roads and the environment, should be cheaper and a lower risk (safer).


There are plenty of rail lines being left to rot, by both government and private enterprise. If it was so much cheaper, they would find a way to make it work.

Title: Re: privatisation
Post by Gnads on Jun 9th, 2022 at 8:49am

freediver wrote on Jun 8th, 2022 at 8:12pm:

Dnarever wrote on Jun 8th, 2022 at 8:08pm:

freediver wrote on Jun 8th, 2022 at 8:02pm:

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.


No but one is less damaging to roads and the environment, should be cheaper and a lower risk (safer).


There are plenty of rail lines being left to rot, by both government and private enterprise. If it was so much cheaper, they would find a way to make it work.



When one train can haul what it takes 50 prime movers & trailers to move......

you do the math clever dick.

And you talk of the benefits of service & efficiencies of private enterprise? ;D

Title: Re: privatisation
Post by Frank on Jun 9th, 2022 at 9:30am

Gnads wrote on Jun 8th, 2022 at 6:44pm:

Frank wrote on Jun 8th, 2022 at 1:10pm:
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.


As an employee of a govt monopoly for over 35 years & then for a private company for another 11 years when that wasn't allowed to happen anymore after the plagiarised Hilmer Report & the imposition of the ACCC.... I can tell you that is complete BS.

The private company I then worked for & the 3rd party operators are just fly by the seat of their pants cowboys.

And now one of those 3rd party operators nearly has a monopoly on all containerised rail freight on the east coast & across to Perth.

When that happens they charge what they like because the customer doesn't have an option except going by road.

You tell me where the majority of freight in this country should be - road or rail?

As I said, private monopoly is no good. Transferring public monopoly to private monopoly or near monopoly makes no sense.

But if there is competition (not cartels) then the cowboys are driven out of business. Government regulation should always facilitate competition ( among other things).
I do agree that privatisation isn't always done well.  But can you imagine if telecommunication was still a state monopoly today - one single state phone and internet provider. Yes, sometimes it can be too much but that is still better than a single state monopoly.

Title: Re: privatisation
Post by freediver on Jun 9th, 2022 at 9:43am

Gnads wrote on Jun 9th, 2022 at 8:49am:

freediver wrote on Jun 8th, 2022 at 8:12pm:

Dnarever wrote on Jun 8th, 2022 at 8:08pm:

freediver wrote on Jun 8th, 2022 at 8:02pm:

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.


No but one is less damaging to roads and the environment, should be cheaper and a lower risk (safer).


There are plenty of rail lines being left to rot, by both government and private enterprise. If it was so much cheaper, they would find a way to make it work.



When one train can haul what it takes 50 prime movers & trailers to move......

you do the math clever dick.

And you talk of the benefits of service & efficiencies of private enterprise? ;D


If you believe it so much, become a rail mogul and make your millions. But don't expect others to foot the bill for your ideological obsessions.

Title: Re: privatisation
Post by Gnads on Jun 9th, 2022 at 11:17am

freediver wrote on Jun 9th, 2022 at 9:43am:

Gnads wrote on Jun 9th, 2022 at 8:49am:

freediver wrote on Jun 8th, 2022 at 8:12pm:

Dnarever wrote on Jun 8th, 2022 at 8:08pm:

freediver wrote on Jun 8th, 2022 at 8:02pm:

Quote:
You tell me where the majority of freight in this country should be - road or rail?


Transport is not a religion Gnads.


No but one is less damaging to roads and the environment, should be cheaper and a lower risk (safer).


There are plenty of rail lines being left to rot, by both government and private enterprise. If it was so much cheaper, they would find a way to make it work.



When one train can haul what it takes 50 prime movers & trailers to move......

you do the math clever dick.

And you talk of the benefits of service & efficiencies of private enterprise? ;D


If you believe it so much, become a rail mogul and make your millions. But don't expect others to foot the bill for your ideological obsessions.


I don't have to become squat ... it's just common sense & I worked both sides of the fence in rail.

As for others footing the bill...... that's exactly what everyday Australians are doing .... footing the bill for ideological obsessions of political parties..... whose ideas, whether on privatisation or renewable energy don't work to anyones benefit except executives & shareholders.

Title: Re: privatisation
Post by freediver on Jun 9th, 2022 at 11:23am

Quote:
I don't have to become squat ... it's just common sense


What is common sense?

Do you have a grand conspiracy to explain all those rail lines being left to rot if using them is such an obvious choice?

Title: Re: privatisation
Post by John Smith on Jun 9th, 2022 at 11:24am

freediver wrote on Jun 9th, 2022 at 9:43am:
If you believe it so much, become a rail mogul and make your millions


He can't, he doesn't bribe donate to the right politicians

Title: Re: privatisation
Post by freediver on Jun 9th, 2022 at 11:26am

John Smith wrote on Jun 9th, 2022 at 11:24am:

freediver wrote on Jun 9th, 2022 at 9:43am:
If you believe it so much, become a rail mogul and make your millions


He can't, he doesn't bribe donate to the right politicians


Surely the conspiracy is grander than that.

Title: Re: privatisation
Post by John Smith on Jun 9th, 2022 at 11:29am

freediver wrote on Jun 9th, 2022 at 11:26am:

John Smith wrote on Jun 9th, 2022 at 11:24am:

freediver wrote on Jun 9th, 2022 at 9:43am:
If you believe it so much, become a rail mogul and make your millions


He can't, he doesn't bribe donate to the right politicians


Surely the conspiracy is grander than that.


Conspriracy? :D :D :D

There hasn't been enough evidence posted on this forum the last decade or so FD? Were you to busy making up stories to read those threads?

Title: Re: privatisation
Post by Gnads on Jun 9th, 2022 at 1:58pm

freediver wrote on Jun 9th, 2022 at 11:23am:

Quote:
I don't have to become squat ... it's just common sense


What is common sense?

Do you have a grand conspiracy to explain all those rail lines being left to rot if using them is such an obvious choice?


Privatisation  [smiley=thumbsup.gif] ;D

Title: Re: privatisation
Post by Gnads on Jun 9th, 2022 at 1:58pm
##

Title: Re: privatisation
Post by thegreatdivide on Jun 9th, 2022 at 9:00pm

freediver wrote on Jun 9th, 2022 at 11:23am:

Quote:
I don't have to become squat ... it's just common sense


What is common sense?


That social issues are as important as private profit.

That the Adelaide Darwin railway is a net benefit, in terms of safer roads for road users, and lower prices. 


Quote:
Do you have a grand conspiracy to explain all those rail lines being left to rot if using them is such an obvious choice?


Short distance hauls are cheaper by truck.

Title: Re: privatisation
Post by freediver on Jun 9th, 2022 at 9:02pm

Quote:
That social issues are as important as private profit.


What social issues? People's emotional feelings about trains?

https://www.youtube.com/watch?v=-NvK1KpRTEs

Title: Re: privatisation
Post by thegreatdivide on Jun 9th, 2022 at 9:22pm

freediver wrote on Jun 8th, 2022 at 2:58pm:
Crap. You do not need "$trillions" to invest in renewables.


Nevertheless, fossil companies are resisting transition to renewables,  because once the infrastructure is built, the fuel is free. Privatization is then redundant.


Quote:
And a billion dollar price tag on a coal fired power station does not make something a natural monopoly. Quite the opposite in fact. If one station costs that much, why is it natural for one company to own them all?


It's not, but is IS natural for the government to own them all.....to remove the profit-gouging.

Title: Re: privatisation
Post by thegreatdivide on Jun 9th, 2022 at 9:26pm

freediver wrote on Jun 9th, 2022 at 9:02pm:

Quote:
That social issues are as important as private profit.


What social issues? People's emotional feelings about trains?

https://www.youtube.com/watch?v=-NvK1KpRTEs


Not 'emotion', but road-destroying heavy trucks
and increased accidents between  extra long vehicles and cars.


Title: Re: privatisation
Post by freediver on Jun 9th, 2022 at 10:01pm

Quote:
Not 'emotion', but road-destroying heavy trucks


That's a social issue?

Title: Re: privatisation
Post by Xavier on Jun 9th, 2022 at 10:02pm
Can I privatise my penis or is it controlled by the Government?

Title: Re: privatisation
Post by Dnarever on Jun 9th, 2022 at 11:38pm

Jasin wrote on Jun 9th, 2022 at 10:02pm:
Can I privatise my penis or is it controlled by the Government?


Does it operate as a public service or a market product ?

Or

Is it just a small amount of waste material ?

Title: Re: privatisation
Post by Ye Grappler on Jun 9th, 2022 at 11:52pm

Jasin wrote on Jun 9th, 2022 at 10:02pm:
Can I privatise my penis or is it controlled by the Government?



There are some who would have no trouble identifying as one.... you could put it on Ebay - service only....

Title: Re: privatisation
Post by Ye Grappler on Jun 9th, 2022 at 11:57pm

Dnarever wrote on Jun 9th, 2022 at 11:38pm:

Jasin wrote on Jun 9th, 2022 at 10:02pm:
Can I privatise my penis or is it controlled by the Government?


Does it operate as a public service or a market product ?

Or

Is it just a small amount of waste material ?



Ummm - I think it's public service for JaS.... right into equal opportunity for women he is....

Title: Re: privatisation
Post by thegreatdivide on Jul 26th, 2022 at 6:44pm

freediver wrote on Jun 9th, 2022 at 10:01pm:

Quote:
Not 'emotion', but road-destroying heavy trucks


That's a social issue?


you left  out "and increased accidents" which ARE a social issue, as Tim Fischer, MP  - rail enthusiast - well knew.

And of course privatization is a social issue.

https://bylinetimes.com/2022/07/11/concierge-capitalism-the-conservative-free-market-myth/

CONCIERGE CAPITALISM
The Conservative Free Market Myth

Sam Bright
11 July 2022

"A  False God

Such is the form of capitalism engendered by the Conservative Party – whereby state assets, including natural monopolies like rail and energy, have been flogged to politically savvy corporate monoliths under the vague pretence of competition.

A generous corporate taxation system – reduced from a headline rate of 28% in 2010 to 19% today – combined with a laissez faire approach to legal tax avoidance, aided by London’s offshore service economy, has assisted the creation of commercial empires. The rise of the gig economy, and the Conservative Party’s unwillingness to institute protections for insecure workers, hike wages or curb the inflation of rents, has allowed these corporate giants to exploit the individual to pad their bottom line.

This is a form of concierge capitalism: using state power to tip the economic scales in favour of the entrenched elite, and awarding access to state contracts on the basis of inside knowledge and connections.

These principles violate the free market ideals preached by the Conservative leadership candidates, and actively guard against open competition on the basis of merit.

This is embedded in the architecture of the Conservative Party – with its reliance on big money donors, and its penchant for appointing Old Etonian prime ministers (graduates of the £45,000-a-year school have governed for 10 of the last 12 years).

Ben Elliot (also an Old Etonian), the chair of the Conservative Party, himself is the co-founder of Quintessentially – a concierge company for the super rich, offering everything from travel advice to real estate consultancy and personal shopping. Elliot, who is the nephew of Camilla, Duchess of Cornwall, has previously been accused of offering access to Prince Charles in exchange for a lucrative Quintessentially membership.

In the same way that professional and political success is reserved to those who attended elite schools, while successive governments have lauded the doctrine of social mobility, so too is our economy rigged in favour of the already rich and powerful – while prospective prime ministers bow before the false god of the free market.




Title: Re: privatisation
Post by freediver on Jul 26th, 2022 at 8:07pm
Do you think energy is a natural monopoly?

Title: Re: privatisation
Post by Dnarever on Jul 26th, 2022 at 11:48pm

freediver wrote on Jul 26th, 2022 at 8:07pm:
Do you think energy is a natural monopoly?


Energy is just a source of useable power.

Power provision is best marketed as a service. (essential service).

Private corporations cannot be trusted with essential services. At best the do it poorly.

Title: Re: privatisation
Post by Ye Grappler on Jul 27th, 2022 at 2:06am

freediver wrote on Jul 26th, 2022 at 8:07pm:
Do you think energy is a natural monopoly?


Everyone in our current society needs it - so yes, it is.  therefore it should not be left in the hands of corporate vultures intent on personal profit.

All such ventures must be abolished immediately without compensation - they've made their millions out of it already.

Title: Re: privatisation
Post by freediver on Jul 27th, 2022 at 6:38am

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?

Title: Re: privatisation
Post by thegreatdivide on Jul 27th, 2022 at 1:28pm

Grappler Truth Teller wrote on Jul 27th, 2022 at 2:06am:

freediver wrote on Jul 26th, 2022 at 8:07pm:
Do you think energy is a natural monopoly?


Everyone in our current society needs it - so yes, it is.  therefore it should not be left in the hands of corporate vultures intent on personal profit.

All such ventures must be abolished immediately without compensation - they've made their millions out of it already.


Hear hear ....politics makes strange bedfellows..

Title: Re: privatisation
Post by thegreatdivide on Jul 27th, 2022 at 1:30pm

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


No I can grow my own food.

Title: Re: privatisation
Post by freediver on Jul 27th, 2022 at 5:49pm
So energy is a natural monopoly because everyone needs it, but food is not a natural monopoly because you can grow your own?

Can someone translate your gibberish into plain English?

Title: Re: privatisation
Post by Captain Caveman on Jul 27th, 2022 at 6:03pm
You can't grow your own energy as easy as you can grow your own food.

Energy should be distributed as cheaply as possible.
We the people are the ones paying for it, so we should get it a the base price.

Corporations are toxic.
They destroy everything in the name of profit.
Pure greed.

Title: Re: privatisation
Post by Gnads on Jul 27th, 2022 at 6:09pm

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Natural? ... No

But corporatised agriculture(large scale privatisation) is having it's affects in driving up food prices.

Title: Re: privatisation
Post by thegreatdivide on Jul 27th, 2022 at 6:10pm

freediver wrote on Jul 27th, 2022 at 5:49pm:
So energy is a natural monopoly because everyone needs it, but food is not a natural monopoly because you can grow your own?

Can someone translate your gibberish into plain English?



Not to a self-admitted ideological fraud like you, who like all Conservatives  prefer to defend ANY self-serving, self interested private-profit maximization policies including privatization of essential services.   

Try tackling my comment, if you want to stop being a fraud.   I can grow my own food,  I can't produce my own electricity. 

Which is not to say the government shouldn't subsidize food if necessary, but it IS to say essential energy should be a public monopoly since people can't produce their own electricity needs, which are most efficiently produced by large (public)  enterprises serving the public need, not private profit.

As I see #319 and #320 have already explained to you, but which you won't be able to comprehend...

Title: Re: privatisation
Post by Gnads on Jul 27th, 2022 at 6:15pm

freediver wrote on Jul 27th, 2022 at 5:49pm:
So energy is a natural monopoly because everyone needs it, but food is not a natural monopoly because you can grow your own?

Can someone translate your gibberish into plain English?



How about your gibberish about "natural" monopolies?

Govt monopolies on essential services is good.

Private enterprise monopolies or private competition on essential services is bad.

It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.

Title: Re: privatisation
Post by freediver on Jul 27th, 2022 at 6:27pm

Quote:
It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.


You are full of crap.

Title: Re: privatisation
Post by Gnads on Jul 27th, 2022 at 6:42pm

freediver wrote on Jul 27th, 2022 at 6:27pm:

Quote:
It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.


You are full of crap.


About 2/3rds less than you.

Show me where it's reduced costs of provision of essential services.

Bet you can't. ::)

Title: Re: privatisation
Post by freediver on Jul 27th, 2022 at 6:52pm

Gnads wrote on Jul 27th, 2022 at 6:42pm:

freediver wrote on Jul 27th, 2022 at 6:27pm:

Quote:
It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.


You are full of crap.


About 2/3rds less than you.

Show me where it's reduced costs of provision of essential services.

Bet you can't. ::)


If you say something stupid, it is not up to others to prove you wrong. Just pointing out that you make crap up is sufficient.

In fact, I bet you could not even explain how you would go about backing up what you say.

Title: Re: privatisation
Post by Dnarever on Jul 27th, 2022 at 10:06pm

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Food is a group of products produced by thousands of providers and does not typically operate like a service. It is by nature the opposite to a monopoly.

Title: Re: privatisation
Post by Ye Grappler on Jul 28th, 2022 at 12:08am
sucks - Australia nul... Kiwispeak...

Title: Re: privatisation
Post by Ye Grappler on Jul 28th, 2022 at 12:12am

Gnads wrote on Jul 27th, 2022 at 6:15pm:

freediver wrote on Jul 27th, 2022 at 5:49pm:
So energy is a natural monopoly because everyone needs it, but food is not a natural monopoly because you can grow your own?

Can someone translate your gibberish into plain English?



How about your gibberish about "natural" monopolies?

Govt monopolies on essential services is good.

Private enterprise monopolies or private competition on essential services is bad.

It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.


False equation right there - comparison is between government monopoly on essential service and private monopoly on essential service.  Clearly government charges less for the same service...

When you add in 'private competition' with a cartel who represent to the government that is also a major shareholder for rises in prices - who ya gonna believe?  When it's in the government's benefit as shareholders, of course they will raise the prices.

That's why there should be NO shareholders in essential services.

Title: Re: privatisation
Post by freediver on Jul 28th, 2022 at 6:51am

Dnarever wrote on Jul 27th, 2022 at 10:06pm:

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Food is a group of products produced by thousands of providers and does not typically operate like a service. It is by nature the opposite to a monopoly.


And yet everyone needs it, which is the only explanation given for why energy is a natural monopoly.

Am I right that no two people here can give the same answer?

Title: Re: privatisation
Post by John Smith on Jul 28th, 2022 at 10:36am
just how retarded does one need to be to compare energy provision with growing food? ::) ::)

Title: Re: privatisation
Post by Gnads on Jul 28th, 2022 at 11:43am

Grappler Truth Teller wrote on Jul 28th, 2022 at 12:12am:

Gnads wrote on Jul 27th, 2022 at 6:15pm:

freediver wrote on Jul 27th, 2022 at 5:49pm:
So energy is a natural monopoly because everyone needs it, but food is not a natural monopoly because you can grow your own?

Can someone translate your gibberish into plain English?



How about your gibberish about "natural" monopolies?

Govt monopolies on essential services is good.

Private enterprise monopolies or private competition on essential services is bad.

It has not in all the years it's been allowed reduced the costs of provision of essential services to any consumer.


False equation right there - comparison is between government monopoly on essential service and private monopoly on essential service.  Clearly government charges less for the same service...

When you add in 'private competition' with a cartel who represent to the government that is also a major shareholder for rises in prices - who ya gonna believe?  When it's in the government's benefit as shareholders, of course they will raise the prices.

That's why there should be NO shareholders in essential services.


Isn't that basically what I was saying?

And yes ...there should be no shareholders in essential services.

Title: Re: privatisation
Post by thegreatdivide on Jul 28th, 2022 at 12:50pm

freediver wrote on Jul 28th, 2022 at 6:51am:

Dnarever wrote on Jul 27th, 2022 at 10:06pm:

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Food is a group of products produced by thousands of providers and does not typically operate like a service. It is by nature the opposite to a monopoly.


And yet everyone needs it, which is the only explanation given for why energy is a natural monopoly.


Need is not the sole "reason for a natural monopoly", provision also must be considered.

You ignore the comment made ie Food is a group of products produced by thousands of providers ; and in effect  claim equivalence with electricity production merely because "everyone needs electricity", (just as everyone needs food). 

You have to demonstrate equivalence - eg growing strawberries or cucumbers or wheat -   with electricity production, to support your erroneous private profit-seeking privatization ideology.


Quote:
Am I right that no two people here can give the same answer?


What all can see is the egregious fallacy of your privatization ideology. 

Title: Re: privatisation
Post by Dnarever on Jul 28th, 2022 at 1:33pm

freediver wrote on Jul 28th, 2022 at 6:51am:

Dnarever wrote on Jul 27th, 2022 at 10:06pm:

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Food is a group of products produced by thousands of providers and does not typically operate like a service. It is by nature the opposite to a monopoly.


And yet everyone needs it, which is the only explanation given for why energy is a natural monopoly.

Am I right that no two people here can give the same answer?


Yet you do not have 45 power cables leading into your home. The vast majority of people have one set of cables that were provided on the one network built and provided by what was a monopoly government provider.

None of the other retailers have any capacity to actually deliver power. The only thing they provide is profits to their share holders. You also do not have 17 gas pipes running into your home again it was a government monopoly built and Australian citizen paid asset.

We seem to have given away these valuable assets to commercial interests at our disadvantage free of any charge.

Many Australian power retailers produce no power and deliver no power. They just exist so that we can pay them.

Title: Re: privatisation
Post by Dnarever on Jul 28th, 2022 at 1:35pm
There is no existing example of a successful Australian privatisation.

Title: Re: privatisation
Post by freediver on Jul 28th, 2022 at 5:48pm

John Smith wrote on Jul 28th, 2022 at 10:36am:
just how retarded does one need to be to compare energy provision with growing food? ::) ::)


Classic John Smith. You cannot compare things if they are different.

:D


Dnarever wrote on Jul 28th, 2022 at 1:33pm:

freediver wrote on Jul 28th, 2022 at 6:51am:

Dnarever wrote on Jul 27th, 2022 at 10:06pm:

freediver wrote on Jul 27th, 2022 at 6:38am:

Quote:
Everyone in our current society needs it - so yes, it is.


Is food also a natural monopoly?


Food is a group of products produced by thousands of providers and does not typically operate like a service. It is by nature the opposite to a monopoly.


And yet everyone needs it, which is the only explanation given for why energy is a natural monopoly.

Am I right that no two people here can give the same answer?


Yet you do not have 45 power cables leading into your home. The vast majority of people have one set of cables that were provided on the one network built and provided by what was a monopoly government provider.

None of the other retailers have any capacity to actually deliver power. The only thing they provide is profits to their share holders. You also do not have 17 gas pipes running into your home again it was a government monopoly built and Australian citizen paid asset.

We seem to have given away these valuable assets to commercial interests at our disadvantage free of any charge.

Many Australian power retailers produce no power and deliver no power. They just exist so that we can pay them.


You do realise that the energy and the distribution network are different products, easy to separate, and most economies have already separated them... right?


Quote:
That's why there should be NO shareholders in essential services.


Pure crap. Food distribution is an essential service. When the Chinese nationalised it, 50 million people starved to death unnecessarily.

Title: Re: privatisation
Post by Mustapha_Khunt on Jul 28th, 2022 at 5:53pm

freediver wrote on Apr 11th, 2022 at 9:20am:
Because their management is too heavily influenced by politics. If you look at the workplace culture of state owned enterprises compared to privately owned ones it is always the same thing - unproductive, unmotivated.

A competitive marketplace will deliver the goods cheaper. Ultimately, it is for the same reason why capitalist economies are so much wealthier than the communist ones. Communism gives you an idea of what happens when the government controls all the businesses. So unless there is a sound economic reason - that is, a condition that makes a market failure both inevitable and worse than the alternative of government ownership - democratic governments around the world have been steadily unloading state owned assets.

Which industries do you consider to be a matter of national security?


All management is influenced by politics. Nearly all government corporations are run under corporate protocols. Why should share ownership make a hoot of difference?

Are you talking about board members? Governance? What?

I'm curious. Your case is yet to be made with any compelling examples.

Title: Re: privatisation
Post by freediver on Jul 28th, 2022 at 5:55pm

Quote:
All management is influenced by politics. Nearly all government corporations are run under corporate protocols. Why should share ownership make a hoot of difference?


Shareholders are generally motivated by profit, not politics. People like me who play the sharemarket for the good of humanity are the exception, not the rule.

Title: Re: privatisation
Post by Mustapha_Khunt on Jul 28th, 2022 at 6:17pm

Dnarever wrote on Jul 28th, 2022 at 1:35pm:
There is no existing example of a successful Australian privatisation.


There are few examples of successful foreign government privatisations.

British Rail shares have ended up in the hands of foreign European governments. Train travel in the UK now costs a fortune, and no one's raving about the service. Good luck writing to your local MP.

You'd do better writing to the German government, who have a stake.

In comparison, Sydney Transport is owned by the state of NSW. NSW Government Railways were the first public railway in the British Empire. Today, it runs under a corporate business model and a NSW minister is tasked with administering it. The difference to Mother's British Rail?

Cost. Sydney Transport is able to deliver cheaper travel because it's not ferreting dividends off to Kraut pension funds. Both networks run on best-practice rail standards and a corporate business model. Both are monopolies. One, however, delivers a cheaper service to the consumer, and it's owned by a government.

FD is yet to make his case.


Title: Re: privatisation
Post by freediver on Jul 28th, 2022 at 6:22pm
My case is that DNA is dribbling crap. I made it by quoting him.

Do either of you know how to go about checking whether he is telling the truth?

Title: Re: privatisation
Post by John Smith on Jul 28th, 2022 at 7:09pm

freediver wrote on Jul 28th, 2022 at 5:48pm:
Classic John Smith. You cannot compare things if they are different.


they're not even remotely similar dumarse. Anyone can grow and sell food. Even you. All they need is a plot of land.

If I want to sell power to the grid you have no options. There is only one line to the house and only one company controlling it.

how about you try something comparable to energy instead of the most ridiculous comparison you can make. Or are you worried that if you stick to something comparable your argument falls flat on it's face?

Title: Re: privatisation
Post by Mustapha_Khunt on Jul 28th, 2022 at 7:50pm

freediver wrote on Jul 28th, 2022 at 6:22pm:
My case is that DNA is dribbling crap. I made it by quoting him.

Do either of you know how to go about checking whether he is telling the truth?


I do. You have not refuted him. Thus, the power of his truth is greater than yours.

Unless, of course, you would like to provide your own case. We may then have a comparison.

Would you care to offer your own thoughts?

Sometimes a question is just a question.


Title: Re: privatisation
Post by Mustapha_Khunt on Jul 28th, 2022 at 8:33pm
Another case is the state broadcasters, the ABC and BBC, formed in a time when propaganda was seen as a good thing, before Goebels made it a dirty word.

Both, by most measures, provide the best news in their respective markets. Both are government owned. Both are corporatised, with the BBC achieving its mission by selling advertising.

Both are managed by boards, with minimal government intervention, beyond board appointments, funding and legislated charters.

Unlike the railways, these broadcasters are not monopolies. They compete for viewers and, in the BBC's case, ad revenue.

Would their services be any different if privatised?

That's a question.

The Guardian, similarly independent, is owned by a private trust. It has similar independent editorial policies to the above two broadcasters, and is committed to providing a free online service to readers. Like the ABC and BBC, content is not swayed by any owners or advertisers. It provides a totally independent news service, showing that ownership, be it state or private, does not need to play a role if a governance structure is established that places the interests of consumers at the forefront.

Title: Re: privatisation
Post by freediver on Jul 28th, 2022 at 9:08pm

John Smith wrote on Jul 28th, 2022 at 7:09pm:

freediver wrote on Jul 28th, 2022 at 5:48pm:
Classic John Smith. You cannot compare things if they are different.


they're not even remotely similar dumarse. Anyone can grow and sell food. Even you. All they need is a plot of land.

If I want to sell power to the grid you have no options. There is only one line to the house and only one company controlling it.

how about you try something comparable to energy instead of the most ridiculous comparison you can make. Or are you worried that if you stick to something comparable your argument falls flat on it's face?


What company is that?

Title: Re: privatisation
Post by Mustapha_Khunt on Jul 29th, 2022 at 8:08am

Frank wrote on Jun 8th, 2022 at 1:10pm:
Transferring a public monopoly to a private monopoly makes no sense.

But transferring a public company sheltered from the need to be efficient to the competitive private sphere where it needs to compete - that makes eminent sense.
The public can still set some controls, such as mandated domestic reserves of gas, or nob-transferability to foreigners or other measures.


Just so, as every Chicago schoolboy economist knows.

Nob-transferability may or may not be a moot point, no?

Title: Re: privatisation
Post by John Smith on Jul 29th, 2022 at 11:09am

freediver wrote on Jul 28th, 2022 at 9:08pm:

John Smith wrote on Jul 28th, 2022 at 7:09pm:

freediver wrote on Jul 28th, 2022 at 5:48pm:
Classic John Smith. You cannot compare things if they are different.


they're not even remotely similar dumarse. Anyone can grow and sell food. Even you. All they need is a plot of land.

If I want to sell power to the grid you have no options. There is only one line to the house and only one company controlling it.

how about you try something comparable to energy instead of the most ridiculous comparison you can make. Or are you worried that if you stick to something comparable your argument falls flat on it's face?


What company is that?


depends on where you are

Title: Re: privatisation
Post by thegreatdivide on Aug 1st, 2022 at 1:38pm
The sorry history of the CES, under the evil  ideology of neoliberalism and its bastard offspring, privatization.

https://www.abc.net.au/news/2022-07-05/interest-rates-rise-expected-to-increase-unemployment/101192934

"Since 1946, the CES had been responsible for linking unemployed people with job vacancies, filling labour shortages, and producing regular statistics on the labour force.

It had offices everywhere, with specialist staff that maintained relationships with employers around the country.

Back then, when politicians boasted about finding work for unemployed Australians, it wasn't rhetoric. They were responsible for the government agency that did so.

Here's an excerpt from a parliamentary debate in 1963 in which William McMahon, then minister for labour, bragged about his government's achievements:

[.......]

However, when full employment was ditched (after the 70's], the CES was white-anted.

CES staff, who'd spent their careers trying to help unemployed people find work, were increasingly asked to spend more time monitoring the behaviour of the unemployed to help find budget savings by cutting people off welfare for failing numerous "activity tests".

A new philosophy blew through Canberra, on winds from overseas, that saw value in attaching increasingly onerous conditions to welfare payments.

Initially, there was strong resistance from CES staff to the new culture, but their resistance was worn down.

And things changed fundamentally in 1998 when the "employment services" the CES provided were privatised.

"This radical transformation of employment service delivery is without parallel in OECD countries," noted the Organisation for Economic Co-operation and Development in a special paper on Australia's new labour market experiment.

"Since the introduction of Job Network in 1998, employment services are mainly offered by independent providers from the private and community sector.

"The remaining government body is offering services on the same terms and conditions as the private providers, and has retained only a relatively minor share in the market."

Fast forward to 2022, and that privatisation has proven very profitable for the private companies that win lucrative government contracts to deliver those "employment services" each year.

But it's also given those private companies power to suspend Australians' welfare payments."





Title: Re: privatisation
Post by Dnarever on Aug 1st, 2022 at 6:27pm

freediver wrote on Jul 28th, 2022 at 6:22pm:
My case is that DNA is dribbling crap. I made it by quoting him.

Do either of you know how to go about checking whether he is telling the truth?


With your undeniable experience, skill and dedication to high quality crap dribbling I find that  I have to take your life time achievement into account and respect your stated position even though I have no idea what you are referring to.


Quote:
Do either of you know how to go about checking whether he is telling the truth?


The assessment is easy as I always tell the truth, very occasionally I am wrong but that isn't about honesty. In this case I am most likely correct as shown by this type of side step completely avoiding any real position.

If you are referring to there being no example of a successful privatisation in Australia the rebuttal is easy just name it if you believe that there is one.

Title: Re: privatisation
Post by freediver on Aug 2nd, 2022 at 8:11am

Quote:
With your undeniable experience, skill and dedication to high quality crap dribbling I find that  I have to take your life time achievement into account and respect your stated position even though I have no idea what you are referring to.


Have you tried reading the discussion?


John Smith wrote on Jul 29th, 2022 at 11:09am:

freediver wrote on Jul 28th, 2022 at 9:08pm:

John Smith wrote on Jul 28th, 2022 at 7:09pm:

freediver wrote on Jul 28th, 2022 at 5:48pm:
Classic John Smith. You cannot compare things if they are different.


they're not even remotely similar dumarse. Anyone can grow and sell food. Even you. All they need is a plot of land.

If I want to sell power to the grid you have no options. There is only one line to the house and only one company controlling it.

how about you try something comparable to energy instead of the most ridiculous comparison you can make. Or are you worried that if you stick to something comparable your argument falls flat on it's face?


What company is that?


depends on where you are


https://www.aer.gov.au/consumers/choosing-an-energy-retailer/getting-connected

Already connected?
If your home or business is already connected to the energy network (electricity wires and gas pipelines) your connection will be arranged when you contact your retailer to set up your contract and account with them. You may be charged a fee for this. You should ask your retailer about costs when you speak to them.

If you are using this opportunity to think about changing your retailer refer to Switching retailers for additional information.

Title: Re: privatisation
Post by John Smith on Aug 2nd, 2022 at 10:33am

freediver wrote on Aug 2nd, 2022 at 8:11am:
https://www.aer.gov.au/consumers/choosing-an-energy-retailer/getting-connected

Already connected?
If your home or business is already connected to the energy network (electricity wires and gas pipelines) your connection will be arranged when you contact your retailer to set up your contract and account with them. You may be charged a fee for this. You should ask your retailer about costs when you speak to them.

If you are using this opportunity to think about changing your retailer refer to Switching retailers for additional information.



why are you looking at retail? The discussion was about providing electricity to sell to the grid.

Title: Re: privatisation
Post by Ye Grappler on Aug 2nd, 2022 at 10:39am
Smith specialises in ad homs and similar nonsense without support of any kind... couple of those here...

Title: Re: privatisation
Post by thegreatdivide on Aug 2nd, 2022 at 1:52pm

Grappler Truth Teller wrote on Aug 2nd, 2022 at 10:39am:
Smith specialises in ad homs and similar nonsense without support of any kind... couple of those here...


yet freediver is a self-admitted fraud (see #24) who diverted the original discussion from MMT...'FTW'. 

Ie for the ideology of self-interest, not for reasoned collective well-being. You really want to support his greedy privatization ideology?   

Title: Re: privatisation
Post by thegreatdivide on Aug 2nd, 2022 at 2:06pm

freediver wrote on Aug 2nd, 2022 at 8:11am:
What company is that?


The electricity company - or rather cartel of companies - which should be nationalized, because there is no skill in retailing electricity, and no benefit in insisting electricity production  must be via many small companies competing to produce energy, in the market. 
 

Quote:
If you are using this opportunity to think about changing your retailer refer to Switching retailers for additional information.


'Opportunity' to "switch retailers"? like buying shell petrol instead of caltex petrol? Boooooring.....typical neoliberal consumer market BS.

These private electricity retailers should go get a real job, instead of wasting consumers' time devising incomprehensible retail 'plans'. 

Should all be nationalized.

Title: Re: privatisation
Post by freediver on Aug 3rd, 2022 at 2:45pm

Quote:
Boooooring


Why do you rant about it constantly if it bores you?

Is this the latest CCP line, because the stooges have given up trying to convince anyone?

Title: Re: privatisation
Post by freediver on Aug 23rd, 2022 at 9:00am

Grappler Truth Teller wrote on Aug 23rd, 2022 at 8:36am:

freediver wrote on Aug 23rd, 2022 at 7:52am:

Gnads wrote on Aug 23rd, 2022 at 7:42am:

freediver wrote on Aug 23rd, 2022 at 7:38am:

Captain Caveman wrote on Aug 22nd, 2022 at 10:11am:

Bobby. wrote on Aug 22nd, 2022 at 9:22am:

Grappler Truth Teller wrote on Aug 22nd, 2022 at 8:50am:
I'm just not happy with being paid 5c a Kw to put power into the system, and then being charged 40c for it when I take it out.... and then being told that my contribution doesn't pay its way.

Well - phark them and their shareholders.  I'm re-visiting the idea of getting batteries installed and even cutting off supply from outside.



The power companies have a good reason for that which
convinced the Govt. regulators.
A huge part of the cost of your electricity comes
from maintaining the network hardware e.g.
the power poles, transformers  and transmission lines.
Why should you use that for free?




True, but that can all be done without privatising.
The problem with electricity is its essential.
Essential services should not be privatised. 


Is food essential?

Where do people get this garbage from? The socialist alliance?



Stupid question .... the statement was about electricity.


No, the statement is about economics. The economics of the economically illiterate. This is what you said:


Quote:
Essential services should not be privatised.


Do you think this is true by itself, or is it only true if you first pick and choose what industry to apply it to, based on whether the socialist alliance thinks it should be state run?


Of course you can pick and choose - food is optional in that people choose what they want to eat and some have different dietary requirements, so it is an open market.  Certain things are only used by certain people.  Power is always the same..... so again this morning - that is a false comparison - one from divide and one from you so far.  Wait for the real doozies to get in from the overnight high....


So it is nothing to do with whether it is essential. Rather, you think that if it is a commodity it should not be privatised?

Title: Re: privatisation
Post by thegreatdivide on Aug 23rd, 2022 at 1:58pm

freediver wrote on Aug 23rd, 2022 at 9:00am:
So it is nothing to do with whether it is essential. Rather, you think that if it is a commodity it should not be privatised?


Fraud-diver now showing he is thick as well as fraudulent.

Re non-essential consumption: consumers can "pick and choose"  ie decide whether to consume certain products (even different types of food),  whether under socialism or market neoliberalism.

As opposed to consumption of essential electricity; you can't pick and choose between electrons, therefore the private sector shouldn't be allowed anywhere near the marketing of electricity, given price gouging by private- sector profit seekers in the production of fossil fuels used to generate electricity (eg the OPEC cartel setting global prices).

Speaking of neoliberal market failure: now even builders are going broke in Oz, despite strong demand for over-priced housing, because prices of materials are sky-rocketing...

Even Harry Triguboff  is very worried....



Title: Re: privatisation
Post by thegreatdivide on Aug 23rd, 2022 at 2:47pm
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"

Title: Re: privatisation
Post by Dnarever on Aug 23rd, 2022 at 4:05pm

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"



Quote:
It’s now impossible for the average worker to live decently in Britain.


Why would you think that workers living decently has anything to do with the targets and intentions of big business or the governments that they control / own.

Title: Re: privatisation
Post by Jovial Monk on Aug 23rd, 2022 at 4:34pm
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.

Title: Re: privatisation
Post by John Smith on Aug 23rd, 2022 at 4:57pm

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



yep ... workers are now receiving the lowest amount of gdp since 1960 ... all whilst profits are at record levels.

Title: Re: privatisation
Post by aquascoot on Aug 23rd, 2022 at 4:59pm

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"



um

thats bacause the entitled modern folk define living decently as

an air conditioned car
a smart phone (and 1 for each kid)
a tv in the bedroom
a coffee machine
access to expensive surgeries
cosmetic dental work
unlimited chocalate and take away food
travel by plane
the odd cruise
20 pairs of shoes
netflix

a king or queen 50 years ago had none of those things

bow down and give praise for all that capitalism has delivered to you and that you are ungrateful for

Title: Re: privatisation
Post by freediver on Aug 23rd, 2022 at 5:42pm

thegreatdivide wrote on Aug 23rd, 2022 at 1:58pm:

freediver wrote on Aug 23rd, 2022 at 9:00am:
So it is nothing to do with whether it is essential. Rather, you think that if it is a commodity it should not be privatised?


Fraud-diver now showing he is thick as well as fraudulent.

Re non-essential consumption: consumers can "pick and choose"  ie decide whether to consume certain products (even different types of food),  whether under socialism or market neoliberalism.

As opposed to consumption of essential electricity; you can't pick and choose between electrons, therefore the private sector shouldn't be allowed anywhere near the marketing of electricity, given price gouging by private- sector profit seekers in the production of fossil fuels used to generate electricity (eg the OPEC cartel setting global prices).

Speaking of neoliberal market failure: now even builders are going broke in Oz, despite strong demand for over-priced housing, because prices of materials are sky-rocketing...

Even Harry Triguboff  is very worried....


Your food is also made up of electrons, protons and neutrons.

You can choose who provides your electricity and how they generate it.

So what is the fundamental economic difference?

Title: Re: privatisation
Post by freediver on Aug 23rd, 2022 at 5:44pm

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"


But still far better off than the Chinese whose wealth you constantly dribble poo about.

Title: Re: privatisation
Post by Frank on Aug 23rd, 2022 at 6:43pm

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



When did it become 'neo', Juvenile Mong, and what was it like before that? What twiggewed the 'neo'?




Oh, you don't know? You are just kibitzing shite from the side??  Good boy. Mustafaken and ducky will give you your bananas and the 10 rupees for the bus.





Title: Re: privatisation
Post by Frank on Aug 26th, 2022 at 6:37pm
Capitalism is one of the worst things to happen to humanity and we'll show you why.

Here are 10 miserable failures of capitalism:

The hotel breakfast was out of waffle mix this morning: Say what you will about the gulags, they NEVER had this problem.

Your Che Guevara t-shirt was delayed during shipment: Virtue signal delayed! Lame!

Google Maps on your iPhone 13 Pro Max sent you to the wrong end of the park for the abortion protest: It was inconvenient.

That time you stubbed your toe on your Roomba on the way to make your morning espresso: Every single day, capitalism is literally trying to kill you.

There are just too many entertainment options and streaming services and it's stressing you out: Capitalism doesn't care about your mental health.

When you go to the store to pick up some sugar-free almond milk for lactose intolerant vegans, and you can only find the kind with sugar: UGH!

The time AOC's head got stuck in a fence: Without capitalism, the fence wouldn't exist — with Communism, it'd be an impenetrable block wall separating East and West Berlin that you couldn't get your head stuck in.

Loot crates in video games: Evil. Pure evil.

The McDonald's ice cream machine broke down and you can't get your soft serve: Why would capitalism allow this to happen?

You don't want to work and you're broke: This leaves you with only as much wealth and luxury as a mid-tier noble from 200 years ago. Terrible!

Title: Re: privatisation
Post by thegreatdivide on Aug 26th, 2022 at 6:53pm

freediver wrote on Aug 23rd, 2022 at 5:44pm:

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"


But still far better off than the Chinese whose wealth you constantly dribble poo about.


Er.... the subject (in the post to which you imagined you were replying)  is the result of 4 decades of market neoliberalism in the UK....neoliberalism which Xi has finally realized needs to be managed rather closely......

Title: Re: privatisation
Post by thegreatdivide on Aug 26th, 2022 at 7:12pm

Frank wrote on Aug 23rd, 2022 at 6:43pm:

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



When did it become 'neo', Juvenile Mong, and what was it like before that? What twiggewed the 'neo'?


'Neo' is a reference to the market liberalism which led up to the Great Depression.  FDR's govt. intervention (to deal with unemployment) upended it, and it was   supplanted by Keynesian "welfare state" economics after WW2.

However, the Arab oil embargo and increasing competition from low wage Asia led to stagflation in the first world in the 70s; and hence was born the erroneous prescription of neo-liberalism (non market-intervention)  trumpeted by Milton Friedman and adopted by Thatcher and Reagan, ie, 'fighting inflation first' rather than aiming for full employment, as in Keynesian economics. 


Quote:
Oh, you don't know? You are just kibitzing shite from the side??  Good boy. Mustafaken and ducky will give you your bananas and the 10 rupees for the bus.


Well Frank , now YOU know, so stop being a ...oh never mind.






Title: Re: privatisation
Post by Frank on Aug 26th, 2022 at 8:33pm

thegreatdivide wrote on Aug 26th, 2022 at 6:53pm:

freediver wrote on Aug 23rd, 2022 at 5:44pm:

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"


But still far better off than the Chinese whose wealth you constantly dribble poo about.


Er.... the subject (in the post to which you imagined you were replying)  is the result of 4 decades of market neoliberalism in the UK....neoliberalism which Xi has finally realized needs to be managed rather closely......

What is NEO liberalism?
What is the NEO bit, what is the liberal bit?

How is Xi managing it - is he managing the Neo or the Liberal? How?


Title: Re: privatisation
Post by Frank on Aug 26th, 2022 at 8:38pm

thegreatdivide wrote on Aug 26th, 2022 at 7:12pm:

Frank wrote on Aug 23rd, 2022 at 6:43pm:

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



When did it become 'neo', Juvenile Mong, and what was it like before that? What twiggewed the 'neo'?


'Neo' is a reference to the market liberalism which led up to the Great Depression.  FDR's govt. intervention (to deal with unemployment) upended it, and it was   supplanted by Keynesian "welfare state" economics after WW2.

However, the Arab oil embargo and increasing competition from low wage Asia led to stagflation in the first world in the 70s; and hence was born the erroneous prescription of neo-liberalism (non market-intervention)  trumpeted by Milton Friedman and adopted by Thatcher and Reagan, ie, 'fighting inflation first' rather than aiming for full employment, as in Keynesian economics. 


Quote:
Oh, you don't know? You are just kibitzing shite from the side??  Good boy. Mustafaken and ducky will give you your bananas and the 10 rupees for the bus.


Well Frank , now YOU know, so stop being a ...oh never mind.


So NEO liberalism is what happened before1929 LEADING to the depression. And then came Keynesianism, supplanting it.

But here you are, a 100 years later, STILL banging on as if it was still 1929?

"Refuted above" innit, galah.


Title: Re: privatisation
Post by freediver on Aug 27th, 2022 at 8:52am

thegreatdivide wrote on Aug 26th, 2022 at 6:53pm:

freediver wrote on Aug 23rd, 2022 at 5:44pm:

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"


But still far better off than the Chinese whose wealth you constantly dribble poo about.


Er.... the subject (in the post to which you imagined you were replying)  is the result of 4 decades of market neoliberalism in the UK....neoliberalism which Xi has finally realized needs to be managed rather closely......


Do you think he will fix by starving 50 million Chinese to death?

Perhaps drowning a few million baby girls in a bucket?

How about incubating a deadly plague for a few months before admitting it exists?

What will China's next great leap backwards be?

Title: Re: privatisation
Post by The Grappler on Aug 27th, 2022 at 11:51am
Eat the rich!

Title: Re: privatisation
Post by thegreatdivide on Aug 27th, 2022 at 1:14pm

Frank wrote on Aug 26th, 2022 at 8:38pm:

thegreatdivide wrote on Aug 26th, 2022 at 7:12pm:

Frank wrote on Aug 23rd, 2022 at 6:43pm:

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



When did it become 'neo', Juvenile Mong, and what was it like before that? What twiggewed the 'neo'?


'Neo' is a reference to the market liberalism which led up to the Great Depression.  FDR's govt. intervention (to deal with unemployment) upended it, and it was   supplanted by Keynesian "welfare state" economics after WW2.

However, the Arab oil embargo and increasing competition from low wage Asia led to stagflation in the first world in the 70s; and hence was born the erroneous prescription of neo-liberalism (non market-intervention)  trumpeted by Milton Friedman and adopted by Thatcher and Reagan, ie, 'fighting inflation first' rather than aiming for full employment, as in Keynesian economics. 


Quote:
Oh, you don't know? You are just kibitzing shite from the side??  Good boy. Mustafaken and ducky will give you your bananas and the 10 rupees for the bus.


Well Frank , now YOU know, so stop being a ...oh never mind.


So NEO liberalism is what happened before 1929


No. You misread my meaning.... so I'll reword it:

(classical) liberalism - ie, market non-intervention -  led to the GD in 1929.


The NEO-liberalism  terminology was adopted to describe the system which supplanted Keynesian economics,   following the stagflation era in the 70's. 


Quote:
But here you are, a 100 years later, STILL banging on as if it was still 1929?
"Refuted above" innit, galah.


Your confusion now cleared up, hopefully.

Title: Re: privatisation
Post by Dnarever on Aug 27th, 2022 at 1:23pm

aquascoot wrote on Aug 23rd, 2022 at 4:59pm:

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"



um

thats bacause the entitled modern folk define living decently as

an air conditioned car
a smart phone (and 1 for each kid)
a tv in the bedroom
a coffee machine
access to expensive surgeries
cosmetic dental work
unlimited chocalate and take away food
travel by plane
the odd cruise
20 pairs of shoes
netflix

a king or queen 50 years ago had none of those things

bow down and give praise for all that capitalism has delivered to you and that you are ungrateful for


Those things all came out of technology improvements that capitalism exploited.

The option to use technology to improve peoples lives did exist but was corruptly bypassed in favour of making a very small number of people exceptionally wealthy.

Title: Re: privatisation
Post by Dnarever on Aug 27th, 2022 at 1:24pm

Grappler Truth Teller wrote on Aug 27th, 2022 at 11:51am:
Eat the rich!


Suspect they would give you indigestion.

They could make a reasonable dog food ?



Title: Re: privatisation
Post by thegreatdivide on Aug 27th, 2022 at 1:33pm

freediver wrote on Aug 27th, 2022 at 8:52am:

thegreatdivide wrote on Aug 26th, 2022 at 6:53pm:

freediver wrote on Aug 23rd, 2022 at 5:44pm:

thegreatdivide wrote on Aug 23rd, 2022 at 2:47pm:
After 4 decades of Thatcher's market neoliberalism and privatizations:

https://www.independent.co.uk/voices/energy-bills-food-prices-inflation-average-wages-b2149941.html

"It’s now impossible for the average worker to live decently in Britain.
A person on the average income in the UK is already struggling to make ends meet. Anything that tips the balance against them now literally leaves them beyond their limits"


But still far better off than the Chinese whose wealth you constantly dribble poo about.


Er.... the subject (in the post to which you imagined you were replying)  is the result of 4 decades of market neoliberalism in the UK....neoliberalism which Xi has finally realized needs to be managed rather closely......


Do you think he will fix by starving 50 million Chinese to death?


Of course not;  Mao wasn't dealing with market neoliberalism, which was gradually introduced in China following  Deng's "opening up"  in the 80's.

But now Xi is faced with the downsides of market liberalism (eg real estate bubbles, share market funny-money deals etc etc)  which he  will fix with planned intervention into the free market. (market subsidization, tax exemptions, targeted govt. spending.)


Quote:
Perhaps drowning a few million baby girls in a bucket?


That practice is confined to poor neoliberal economies, China has lifted itself out of that category in the last 4 decades.


Quote:
How about incubating a deadly plague for a few months before admitting it exists?


Did the US incubate that plague?


Quote:
What will China's next great leap backwards be?


China will double its economy by 2035; you better concern  yourself with what's happening in the democratic neoliberal economies - with  egregious market failure everywhere resulting in cost of living crises in the 1st world, and actual starvation in the 3rd world. 

Title: Re: privatisation
Post by freediver on Aug 27th, 2022 at 2:04pm

Quote:
But now Xi is faced with the downsides of market liberalism (eg real estate bubbles, share market funny-money deals etc etc)


Sounds better than 50 million people starving to death.

But he did recently kill millions of people by incubating a deadly virus, so there's that. Do you think these "market interventions" might distract the Chinese public from the millions of people he helped kill?


Quote:
That practice is confined to poor neoliberal economies


Have the Chinese stopped infanticide? I think the practice was largely curtailed in the west during the Roman era.

Title: Re: privatisation
Post by thegreatdivide on Aug 31st, 2022 at 11:20am

Frank wrote on Aug 26th, 2022 at 8:38pm:

thegreatdivide wrote on Aug 26th, 2022 at 7:12pm:

Frank wrote on Aug 23rd, 2022 at 6:43pm:

Jovial Monk wrote on Aug 23rd, 2022 at 4:34pm:
Because neoliberalism steals money from workers to (over)pay CEOs etc. Neoliberalism is running out of other people’s money.



When did it become 'neo', Juvenile Mong, and what was it like before that? What twiggewed the 'neo'?


'Neo' is a reference to the market liberalism which led up to the Great Depression.  FDR's govt. intervention (to deal with unemployment) upended it, and it was   supplanted by Keynesian "welfare state" economics after WW2.

However, the Arab oil embargo and increasing competition from low wage Asia led to stagflation in the first world in the 70s; and hence was born the erroneous prescription of neo-liberalism (non market-intervention)  trumpeted by Milton Friedman and adopted by Thatcher and Reagan, ie, 'fighting inflation first' rather than aiming for full employment, as in Keynesian economics. 


Quote:
Oh, you don't know? You are just kibitzing shite from the side??  Good boy. Mustafaken and ducky will give you your bananas and the 10 rupees for the bus.


Well Frank , now YOU know, so stop being a ...oh never mind.


So NEO liberalism is what happened before1929 LEADING to the depression. And then came Keynesianism, supplanting it.

But here you are, a 100 years later, STILL banging on as if it was still 1929?

"Refuted above" innit, galah.


OK Frank. answered in #371.

Care to acknowledge?

quick summary:

Liberalism (-1930's and GD) ;  Keynesianism (1946 -1970's) high growth low unemployment until Arab oil emabrgo etc  and  stagflation; neoliberalism (1980s to present)...   increasing share of output/profits goes to capital, while median wages stagnate in real terms.

Enjoy the workers' revolt in NSW today.



Title: Re: privatisation
Post by Frank on Sep 2nd, 2022 at 2:09pm

Dnarever wrote on Aug 27th, 2022 at 1:24pm:

Grappler Truth Teller wrote on Aug 27th, 2022 at 11:51am:
Eat the rich!


Suspect they would give you indigestion.

They could make a reasonable dog food ?



To most Africans YOU are the rich, duckwit.


Title: Re: privatisation
Post by Frank on Sep 2nd, 2022 at 2:27pm

thegreatdivide wrote on Aug 27th, 2022 at 1:14pm:

Frank wrote on Aug 26th, 2022 at 8:38pm:
So NEO liberalism is what happened before 1929


No. You misread my meaning.... so I'll reword it:

(classical) liberalism - ie, market non-intervention -  led to the GD in 1929.


The NEO-liberalism  terminology was adopted to describe the system which supplanted Keynesian economics,   following the stagflation era in the 70's. 


Quote:
But here you are, a 100 years later, STILL banging on as if it was still 1929?
"Refuted above" innit, galah.


Your confusion now cleared up, hopefully.



There has NEVER been 'market non-intervention'.  It's a fantasy, as if your classification of the economic system into neat little ideological categories to suit your silly little 'refuted above' psittacism.

The economic life of a country is not separate from its other aspects, like politics, history, ethos, customs, religion and social norms, foreign relations, even it's art and intellectual life. And no two courtiers travel the same route.


There is one thing  they all share though - no country has an omnicompetent bureaucracy. Not even China. If anything, socialist bureaucracies are the MOST incompetent BECAUSE they ARE expected to be omnicompetent. An excellent illustration of a inverse correlation.


Title: Re: privatisation
Post by thegreatdivide on Sep 2nd, 2022 at 10:29pm

Frank wrote on Sep 2nd, 2022 at 2:27pm:

thegreatdivide wrote on Aug 27th, 2022 at 1:14pm:

Frank wrote on Aug 26th, 2022 at 8:38pm:
So NEO liberalism is what happened before 1929


No. You misread my meaning.... so I'll reword it:

(classical) liberalism - ie, market non-intervention -  led to the GD in 1929.


The NEO-liberalism  terminology was adopted to describe the system which supplanted Keynesian economics,   following the stagflation era in the 70's. 


Quote:
But here you are, a 100 years later, STILL banging on as if it was still 1929?
"Refuted above" innit, galah.


Your confusion now cleared up, hopefully.



There has NEVER been 'market non-intervention'.  It's a fantasy, as if your classification of the economic system into neat little ideological categories to suit your silly little 'refuted above' psittacism.


Wrong again, though your typical black and white view of the world makes you difficult to educate (free market conservative ideologues promote MINIMAL intervention).

Liberal Economics in the West more or less developed in a sraight line from Smith in the 18th century up to the GD  in 1929. (Marx's 19th century theories were not realized in the West).

It took FDR's 'New Deal' intervention (resisted by Conservatives), to deal with the unemployment of the GD; Keynes had much to say at this time,  and indeed  successful Keynesian 'welfare state' policies were widely established after WW2.

But giobal geopolitics  in the 70's - Arab oil shock and low-wage competition from Asia - resulted in loss of industry in the 1st world, so Keynesian fiscal spendng seemed no longer to work, as the West faced a truly global economy for the first time. 

Hence the wrong-headed move to NEO-liberalism - a backward step, whose consequences we are all facing now (wage stagnation/cost of living pressures, unaffordable housing and homelessness, persistent long-term unemployment).


Quote:
The economic life of a country is not separate from its other aspects, like politics, history, ethos, customs, religion and social norms, foreign relations, even it's art and intellectual life. And no two courtiers travel the same route.


True, but the West's  reaction to the 70s stagflation as outlined above, is real history which is still playing out today,  under neoliberal dogma (privatization, 'small government' and Friedman's supply-side economics, cf Keynes'  'demand side' theory).


Quote:
There is one thing  they all share though - no country has an omnicompetent bureaucracy. Not even China. If anything, socialist bureaucracies are the MOST incompetent BECAUSE they ARE expected to be omnicompetent. An excellent illustration of a inverse correlation.


Keynes wasn't considered to be 'socialist', though he did prescribe deficit spending to maintain full employment - and Menzies proved to be a very successful facilitator of Keynesian  policy.

[Today, it's absurd that fiat currency-issuing  government should be forced to borrow money from private financiers who "must be repaid" with interest; taxation*** alone should clearly fund government, to deliver full employment and wages growth -  to supplement private sector employment as eequired.

***MMT reverses the function of taxation, but that is another story. Richard Denniss rejects MMT;  he wants  taxation alone to fund  the public services desired by the community. 

But Biden is struggling with that in the US, with Trump's low-tax republicans theatening violence against the Dem government, which  is attempting to improve the incomes and public services  for the poorer half of the community ]   




Title: Re: privatisation
Post by thegreatdivide on Dec 2nd, 2022 at 10:58am
From Richard Dennis CEO of the Australia Institute:

Daniel Andrews’s plan to re-establish a publicly owned state electricity commission is not just proof that privatisation has failed, it’s proof that the politics of privatisation have failed.

It is no accident that the Victorian premier is using a brand name from the past for his investment in the energy generation of the future. And it is no surprise that he is focussing on public provision of an essential service during an election campaign. The Australian public never liked privatisation as much as their political class.

Andrews is not alone in seeing the economic and political benefits of nationalising the key infrastructure on which Australia’s economy and community are built. Malcolm Turnbull created Snowy 2.0, Barnaby Joyce is enormously proud of the publicly owned inland rail corporation, and the Queensland government – having failed in prior bids to privatise its electricity generators – recently announced $62bn worth of new public investment in renewable energy via its state-owned electricity companies.

Economic theory provides no clear rules about which assets are best owned by the government and which are best owned by the private sector. The simple fact is that different governments, in different countries, at different points in history, have made quite different decisions about what governments should own, run and sell.

Just as there’s no strong economic case for what assets governments should own, there has never been any strong economic evidence that privatisation delivers benefits to budgets either.

While governments keen to sell the assets built up by their predecessors always focus on the short-term reduction in public debt, they rarely talk about the long-term impact of lost revenue streams in the decades ahead..........

Back before economic rationalism and neoliberalism entered the minds of Australian politicians, government-owned corporations employed tens of thousands of young apprentices each year, most of whom left to work in the private sector when they finished their on-the-job training supported by formal training in publicly run “tech colleges”.

These days most of the public corporations and public tech colleges have been replaced with private companies, but perhaps unsurprisingly, the privatisation of training has not delivered an increase in its quality, but a so-called skills shortage......

Title: Re: privatisation
Post by thegreatdivide on Jul 11th, 2023 at 11:45pm
3 decades of privatisation have indeed created this "sh1tshow":

https://www.youtube.com/watch?v=gqFPhsO-2W0


...priceless...

Title: Re: privatisation
Post by thegreatdivide on Jul 11th, 2023 at 11:51pm

Dnarever wrote on Aug 27th, 2022 at 1:24pm:

Grappler Truth Teller wrote on Aug 27th, 2022 at 11:51am:
Eat the rich!


Suspect they would give you indigestion.

They could make a reasonable dog food ?


3 decades of privatisation has indeed created this  "sh1tshow":

[url]https://www.youtube.com/watch?v=gqFPhsO-2W0/url]

....priceless!

Title: Re: privatisation
Post by Laugh till you cry on Jul 12th, 2023 at 12:27am
The major reason governments privatize previously owned businesses is to create more investment sinks to soak up excess liquidity.

The profit from the sale is just a sweetener.

If there were not a constant stream of new businesses being created the property price bubble would be even bigger.

Government businesses that are "privatized" are usually monopolies with captive customers that are then subjected to rising prices every year to keep the new owners happy with growth and dividends in their investments.

Unfortunately, as with power and gas, the government then loses control over the provision of these goods which can then hold the users to ransom because competition cannot immediately be created if the service provision is unsatisfactory. Strategic planning then becomes impossible unless the government provides free money or other benefits to encourage strategic growth to service industry and retail consumers.

Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 10:05am

Frank wrote on Sep 2nd, 2022 at 2:09pm:

Dnarever wrote on Aug 27th, 2022 at 1:24pm:

Grappler Truth Teller wrote on Aug 27th, 2022 at 11:51am:
Eat the rich!


Suspect they would give you indigestion.

They could make a reasonable dog food ?



To most Africans YOU are the rich, duckwit.


Not likely that I will ever go back to Africa. Besides you should be telling Grap I am not an advocate for self induced indigestion.

Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 10:05am
.

Title: Re: privatisation
Post by Ajax on Jul 12th, 2023 at 10:53am
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.


Title: Re: privatisation
Post by thegreatdivide on Jul 12th, 2023 at 11:24am

thegreatdivide wrote on Jul 11th, 2023 at 11:45pm:
3 decades of privatisation have indeed created this "sh1tshow":

https://www.youtube.com/watch?v=gqFPhsO-2W0


...priceless...


3 decades of privatization following the triumph of Thatcherite 'small government' ("low taxes") neoliberalism have indeed created the "sh1tshow" as revealed in the video.


Title: Re: privatisation
Post by thegreatdivide on Jul 12th, 2023 at 11:26am

Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.


Correct; you'll love this video (!)

https://www.youtube.com/watch?v=gqFPhsO-2W0

Title: Re: privatisation
Post by thegreatdivide on Jul 12th, 2023 at 11:27am
.

Title: Re: privatisation
Post by Ajax on Jul 12th, 2023 at 11:48am

thegreatdivide wrote on Jul 12th, 2023 at 11:26am:

Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.


Correct; you'll love this video (!)

https://www.youtube.com/watch?v=gqFPhsO-2W0



loved it.... 8-)

Title: Re: privatisation
Post by Ajax on Jul 12th, 2023 at 11:49am
wake up Australia...BUT WHEN...?

Title: Re: privatisation
Post by The Grappler on Jul 12th, 2023 at 2:20pm
Told yez all so years ago - you sat back and let it happen while shooting at the messenger - but then - few of you are here for genuine reasons anyway..

Title: Re: privatisation
Post by The Grappler on Jul 12th, 2023 at 2:24pm

Ajax wrote on Jul 12th, 2023 at 11:48am:

thegreatdivide wrote on Jul 12th, 2023 at 11:26am:

Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.


Correct; you'll love this video (!)

https://www.youtube.com/watch?v=gqFPhsO-2W0


Good writers and she does a great job...


loved it.... 8-)


Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 5:58pm

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.

Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 5:59pm
.

Title: Re: privatisation
Post by thegreatdivide on Jul 12th, 2023 at 6:14pm

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.

Title: Re: privatisation
Post by thegreatdivide on Jul 12th, 2023 at 6:15pm
.

Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 6:41pm

thegreatdivide wrote on Jul 12th, 2023 at 6:14pm:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.



Quote:
by [b]reducing taxation


I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.

Title: Re: privatisation
Post by Dnarever on Jul 12th, 2023 at 6:42pm
.

Title: Re: privatisation
Post by freediver on Jul 13th, 2023 at 7:33am

Ajax wrote on Jul 12th, 2023 at 10:53am:
Public assets where created and payed for by the public to service the public through our government.

Selling them to private hands ceases the service to the public and all the benefits that come with the public assets go into private hands.

Example - Electricity:

When owned by the Australian public was one of the cheapest in the world.

Now in private hands one of the most expensive in the world.


I always thought the benefit of electricity was being able to turn the lights on, not the joy of sending your money to the government to pay for it.

https://en.wikipedia.org/wiki/Energy_policy_of_Australia

The Commission of Enquiry into Electricity Generation Planning in New South Wales was established, reporting in mid-1985. This was the first independent enquiry directed from outside the industry into the Australian electricity system. It found, among other matters, that existing power stations were very inefficient, that plans for four new stations, worth then about $12 billion, should be abandoned, and that if the sector were restructured there should be sufficient capacity for normal purposes until the early years of the 21st century. This forecast was achieved.

Title: Re: privatisation
Post by The Grappler on Jul 13th, 2023 at 8:42am

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!!  And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins. The Great Back-Stop that the government would never allow such a disaster to its people is a fool's errand... no government in the history of this nation has EVER stopped one single issue that adversely affects its majority people - in reality they have done the direct opposite - and always splits them up so some get cash and money is power and then the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them...

I will again be saying:-  "I TOLD YOU SO!"

You all must move to revolution instantly at your next election or you are all lost... I cannot be here forever holding your foolish empty-headed hands...

It's nothing they say in Perth - pay the Abocorp forced on you two grand to look at your proposed post hole in the field racked over with ploughs for 150 years so there's a good 99.9999999% of fuck-all Abo 'heritage' that could ever be found - and just forget that farmer will pass the prices and costs on to you housos in Perth who imagine Labor is your Big Brother... and that'll be $2000 free money for every projected post hole thanks.... and no arguments...

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 1:58pm

Dnarever wrote on Jul 12th, 2023 at 6:41pm:

thegreatdivide wrote on Jul 12th, 2023 at 6:14pm:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.


[quote]by reducing taxation


I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.[/quote]

(quick google)

1. How did neoliberalism affect the economy?
Globally, the rolling out of neoliberal policies has led to a plethora of harmful socioeconomic consequences, including increased poverty, unemployment, and deterioration of income distribution (Rotarou and Sakellariou 2017; Collins et al. 2015).26 June 2019


2.  https://www.jstor.org/stable/3877849

Tax Policy in an Era of Internationalization

JSTOR
https://www.jstor.org › stable
by D Swank · 2006 · Cited by 413 —

Taxes on capital (and generally mobile, high-income earners) are progressively lowered while tax burdens on relatively immobile factors  (like wages).  etc

(Read the article; I can't copy and post it).

It's amazing you don't know tax rates on high incomes have been progressivly reduced since the 60s.

Even Labor are about to introduce the stage 3 tax cuts which will deliver $5k to people on $200K plus.

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 2:04pm

Grappler Truth Teller wrote on Jul 13th, 2023 at 8:42am:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!! 


Wrong, as shown in my post which should appear when I press'send'...


Quote:
And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.


?? Hopefully the robots WILL  be moving in, and we can work progressively less hours,  with guaranteed participation for all who want work.



Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 2:09pm
.

Title: Re: privatisation
Post by The Grappler on Jul 13th, 2023 at 2:19pm
Give it a rest - we don't need your abstruse theory again and again and again...

Title: Re: privatisation
Post by The Grappler on Jul 13th, 2023 at 2:21pm

thegreatdivide wrote on Jul 13th, 2023 at 2:04pm:

Grappler Truth Teller wrote on Jul 13th, 2023 at 8:42am:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!! 


Wrong, as shown in my post which should appear when I press'send'...

[quote]And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.


?? Hopefully the robots WILL  be moving in, and we can work progressively less hours,  with guaranteed participation for all who want work.


[/quote]

"the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them..."

Bit slow off the mark, eh?  Maybe you should try reading the whole thing, O Autistic One.

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 2:43pm

Grappler Truth Teller wrote on Jul 13th, 2023 at 2:19pm:
Give it a rest - we don't need your abstruse theory again and again and again...


Er... the current gruesome neoclassical/neoliberal monetarist orthodoxy is NOT an "abstruse theory",  it's fact.

But just because you can afford housing and use your heater in winter (re people who live in the South), doesnt mean the current gruesome orthodoxy should remain in place.

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 2:43pm
.

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 7:21pm

Grappler Truth Teller wrote on Jul 13th, 2023 at 2:21pm:

thegreatdivide wrote on Jul 13th, 2023 at 2:04pm:

Grappler Truth Teller wrote on Jul 13th, 2023 at 8:42am:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Exackery!! 


Wrong, as shown in my post which should appear when I press'send'...

[quote]And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.


?? Hopefully the robots WILL  be moving in, and we can work progressively less hours,  with guaranteed participation for all who want work.


"the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them..."[/quote]

You have a problem with all of us working less, as robots take over the sh*t work? You can keep shovelling sh*t if you want to.


Quote:
Bit slow off the mark, eh?  Maybe you should try reading the whole thing, O Autistic One.


Not necessary; your gruesome survival of fittest in  competitive neoliberal NAIRU markets, renders reading the whole thing pointless.

You will insist people keep shovelling sh*t even when robots can do it.

Title: Re: privatisation
Post by thegreatdivide on Jul 13th, 2023 at 7:22pm
.

Title: Re: privatisation
Post by thegreatdivide on May 1st, 2024 at 7:18pm

aquascoot wrote on Apr 11th, 2022 at 4:33pm:

Bobby. wrote on Apr 11th, 2022 at 2:11pm:

aquascoot wrote on Apr 11th, 2022 at 2:02pm:

Bobby. wrote on Apr 11th, 2022 at 1:55pm:



very good meme

i dont blame the uber rich for doing it.

you have to blame the politicians for being their little bitches and doing their bidding.

the rich have a duty to make money for their shareholders.

the pollies should stop taking the bribes and put the brakes on



The average person is being shafted by Govts. and banksters.


its odd they cant see it bobby.

look at the pandemic

who benefited?

amazon
facebook
netflix
pfizer
bunnings
gerry harvey
the media


big governments right or left, it doesnt matter.
they do what big tech and big corp tell them or they are out.

look at america and joe biden.
military spending is up.
we had trump saying that the USA should mind its own business.
the cia and the military industrial complex went nuts.
in comes biden


did you know biden , obama and hilary dropped more bombs then george bush?
they dropped so many , they ran out of bombs.


nancy pelosi, a so called friend of the down trodden, as woke as f**k is worth 320 million dollars.

how did she get that when her salary is 200k a year.
she brought millions worth of tesla stock just before biden announces an EV mandate.

but because she is woke, the lefties idolise her.

she is laughing so hard at those fools

Looking back at President Obama’s legacy, the Council on Foreign Relation’s Micah Zenko added up the defense department’s data on airstrikes and made a startling revelation: in 2016 alone, the Obama administration dropped at least 26,171 bombs. This means that every day last year, the US military blasted combatants or civilians overseas with 72 bombs; that’s three bombs every hour, 24 hours a day.
 

Politics (and economics) make strange bedfellows....... I agree with this post.

Solution: national currency-issuing treasuries should finance government with money created out of thin air, free of usurious money-lenders/banksters, 
with inflation limited by price controls and rationing in cases of supply chain failure, in a mandated full-employment, zero interest rate, zero tax scenario.   

Title: Re: privatisation
Post by Jasin on May 1st, 2024 at 7:35pm
USA: The Privatised Political Nation (owned by the Media and a bunch of Chefs).

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 1st, 2024 at 7:49pm
... inflationary... destroys standard of living by raising costs of living ... creates massive unearned profits for a few insiders.... was created by some in politics who directly benefited from it and yet never faced trial .... creates and perpetuates greater and greater economic and social divides by benefiting that small group of insiders ... is theft of publicly owned utilities and services by any other name ... has never one given up the result it was lauded as offering, but has instead, raised costs while whatever funding was accrued from sale can only be found in history books...

The last people you want in charge of an economy are economists and politicians and other public servants......

Title: Re: privatisation
Post by Jasin on May 1st, 2024 at 8:08pm
Banks should be in charge of an Economy.
They know how to get rich and everyone gets the spillover.
Politicians are not specialised 'Economists'.
Only someone in Representation of 'all' Banks here in Australia should be 'in charge' of Australia's Economy and even the Politicians have to 'bend the knee' to them as the last word.


Title: Re: privatisation
Post by Setanta on May 1st, 2024 at 8:32pm

Jasin wrote on May 1st, 2024 at 8:08pm:
Banks should be in charge of an Economy.
They know how to get rich and everyone gets the spillover.
Politicians are not specialised 'Economists'.
Only someone in Representation of 'all' Banks here in Australia should be 'in charge' of Australia's Economy and even the Politicians have to 'bend the knee' to them as the last word.


Ahhh, nothing like a bit of trickle down theory.


Title: Re: privatisation
Post by Dnarever on May 1st, 2024 at 9:35pm

thegreatdivide wrote on Jul 13th, 2023 at 1:58pm:

Dnarever wrote on Jul 12th, 2023 at 6:41pm:

thegreatdivide wrote on Jul 12th, 2023 at 6:14pm:

Dnarever wrote on Jul 12th, 2023 at 5:58pm:

Quote:
privatisation


You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.


Privatisation: also  by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their  6th and 7th homes, while the public housing stock has collapsed.


[quote]by reducing taxation


I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.


(quick google)

1. How did neoliberalism affect the economy?
Globally, the rolling out of neoliberal policies has led to a plethora of harmful socioeconomic consequences, including increased poverty, unemployment, and deterioration of income distribution (Rotarou and Sakellariou 2017; Collins et al. 2015).26 June 2019


2.  https://www.jstor.org/stable/3877849

Tax Policy in an Era of Internationalization

JSTOR
https://www.jstor.org › stable
by D Swank · 2006 · Cited by 413 —

Taxes on capital (and generally mobile, high-income earners) are progressively lowered while tax burdens on relatively immobile factors  (like wages).  etc

(Read the article; I can't copy and post it).

It's amazing you don't know tax rates on high incomes have been progressivly reduced since the 60s.

Even Labor are about to introduce the stage 3 tax cuts which will deliver $5k to people on $200K plus.
[/quote]


Quote:
Even Labor are about to introduce the stage 3 tax cuts


The original comment was a bit short handed. Tax cuts due to privatisation is what is clearly meant. None of the tax cuts mentioned here came from this. The majority of top end tax cuts were either not funded or paid by increases to the lower taxed in other ways.

A prime example would be the unaffordable Howard era tax cuts that were dependant on unachievable economic growth which eventually led to a failure to recover from the GFC  that left the economy floundering for several years preventing a normal recovery.

Title: Re: privatisation
Post by thegreatdivide on May 1st, 2024 at 10:08pm

Grappler Truth Teller wrote on May 1st, 2024 at 7:49pm:
... inflationary... destroys standard of living by raising costs of living ...


CB lifting interest rates hurts poor borrowers; solution - near zero interst rates. ( see the latest MMT post: "the natural rate  of interest is zero).

Price controls (and rationing if necessary) go to the actual problem of inflating prices (for whatever reason, eg supply chain failures causing excess demand). 


Quote:
  creates massive unearned profits for a few insiders.... was created by some in politics who directly benefited from it and yet never faced trial .... creates and perpetuates greater and greater economic and social divides by benefiting that small group of insiders ... is theft of publicly owned utilities and services by any other name ... has never one given up the result it was lauded as offering, but has instead, raised costs while whatever funding was accrued from sale can only be found in history books...
 

A good description of the outcomes of Friedmanite neoclassicism, and small 'government'  (ie low taxes**) /privatization ideology. 

**The silly thing is - a currency-issuing government doesn't NEED to tax or borrow, in order to spend on available resources. 


Quote:
The last people you want in charge of an economy are economists and politicians and other public servants......


True. Treasury should be directed to take a stock-take of the nation's available resources and productive capacity,  with pollies merely  presenting different options to the public re resource mobilization and distribution.

Money is not a problem for a currency-issuer, resource management is. 

Title: Re: privatisation
Post by goosecat on May 1st, 2024 at 10:43pm
Your task; if you choose to accept, is to present ideas on maximizing the growth and profit of all our newly aquired privatised prisons throughout the country. Baring in mind that our business growth requires at it's foundation; more criminals, the management of which forms the basis of our business and its earnings. Address how we as an organisation may be able to influence and affect the political landscape, media and society at large to increase the amount of criminals within our sphere of operation and ensure continued growth.

Title: Re: privatisation
Post by Jasin on May 1st, 2024 at 10:56pm
The Privatised Prison was originally an Australian innovation.
But it is America that has really taken it to extreme effect.
Many American towns and cities 'invite' to have Private Prisons set up in their areas.
If you are caught littering and can't pay the immediate fine.
You are sent to prison for a day or so to pay it off - except your stay at Prison 'costs you money' as you are charged for 'nearly' all expenses for your stay, like food and laundry. If you can't pay the (say $90 per 24hrs), then you continue your stay until you do - each day accumulates to your 'bill'.
Some people find themselves having to stay in Prison for much longer than their original 'day' term because they can't pay.
While in these Prisons - you are put to work 'manufacturing' stuff for the American Economy.
Now this is where China gets upset because the USA is using 'free labour' to undermine it's $2 labour in manufacturing.

Title: Re: privatisation
Post by goosecat on May 1st, 2024 at 11:16pm
Certainly increasing and lobbying to further increase incarceration for ever more minor  infractions throughout society would help privatised prison businesses. However eventually continued growth will require further action. The four leading causes of "Crime" according to Alliant International University are: "Socio/Economic" disparity, family breakdown/instability, peer influence and finally substance abuse. How might the organisation go about engendering and influencing increased growth in each of these areas?

Title: Re: privatisation
Post by Daves2017 on May 3rd, 2024 at 9:24am
Privatisation?

That’s why Qld can afford to give everyone $1000 towards their power bills.

Because the government didn’t privatised the power generation and still own them.

The situation is of course different In NSW were the Labor government under Kristina ( the mean girl) sold all the power off.

Title: Re: privatisation
Post by thegreatdivide on May 3rd, 2024 at 12:39pm

Setanta wrote on May 1st, 2024 at 8:32pm:

Jasin wrote on May 1st, 2024 at 8:08pm:
Banks should be in charge of an Economy.
They know how to get rich and everyone gets the spillover.
Politicians are not specialised 'Economists'.
Only someone in Representation of 'all' Banks here in Australia should be 'in charge' of Australia's Economy and even the Politicians have to 'bend the knee' to them as the last word.


Ahhh, nothing like a bit of trickle down theory.



Brilliant :-)

Title: Re: privatisation
Post by thegreatdivide on May 3rd, 2024 at 12:47pm

goosecat wrote on May 1st, 2024 at 11:16pm:
Certainly increasing and lobbying to further increase incarceration for ever more minor  infractions throughout society would help privatised prison businesses. However eventually continued growth will require further action. The four leading causes of "Crime" according to Alliant International University are: "Socio/Economic" disparity, family breakdown/instability, peer influence and finally substance abuse. How might the organisation go about engendering and influencing increased growth in each of these areas?


Maintain the current neoclassical/ neoliberal economic  orthodoxy - it's doing a great job.  :-(

Title: Re: privatisation
Post by freediver on May 20th, 2024 at 3:24pm
Off-Topic replies have been moved to this Topic.

Title: Re: Modern Monetary Theory (MMT)
Post by Gnads on May 20th, 2024 at 3:00pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Water & electricity generation & supply should not ever be in the hands of "private enterprise".

It is not a panacea to everything and small to corporate businesses go belly up everyday.

Why do they fail?

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on May 21st, 2024 at 10:24am

Gnads wrote on May 20th, 2024 at 3:00pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Water & electricity generation & supply should not ever be in the hands of "private enterprise".

It is not a panacea to everything and small to corporate businesses go belly up everyday.

Why do they fail?


It depends on what your goal is.

To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that, the priority is to deliver the bare minimum service, for the highest price at the lowest cost to the business.

The level of service reduced to what is considered the absolute minimum required by regulatory standards IF any even exist, and innovation focuses on cost-cutting and efficiency, not on improving the service.

Those who think the Government shouldn't be running businesses are purely ideologically based.

There are no good outcomes to privatisation where the result is we have to pay more for less and in the cases of vital services, when things go wrong our tax dollars have to bail them out.

We should not be incentivising turning the people into commodities when it comes to basic needs just to transfer wealth to those who donate the most to politicians.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 11:07am

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?


Quote:
The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 21st, 2024 at 11:22am

Daves2017 wrote on May 3rd, 2024 at 9:24am:
Privatisation?

That’s why Qld can afford to give everyone $1000 towards their power bills.

Because the government didn’t privatised the power generation and still own them.

The situation is of course different In NSW were the Labor government under Kristina ( the mean girl) sold all the power off.


Just reached the part in a book where Kristina was handed the top spot - as usual, these are very complex issues and one needs to look at what came of these changes as wrought by the power brokers.  It wasn't just her good looks...

I believe we should never have anyone of foreign birth as our head of government at any level -and even at ministerial level.  they know not the ropes of this country and are generally rapists of economies in one way or another.

Title: Re: privatisation
Post by Dnarever on May 21st, 2024 at 11:57am

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?[/quote]


Quote:
What makes you think that?


It's called history.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 12:11pm

Dnarever wrote on May 21st, 2024 at 11:57am:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?



Quote:
What makes you think that?


It's called history.[/quote]

You can call it anything you like. Can you explain it? Or is it like a religion for you?

Title: Re: Modern Monetary Theory (MMT)
Post by aquascoot on May 21st, 2024 at 12:22pm

ProudKangaroo wrote on May 21st, 2024 at 10:24am:

Gnads wrote on May 20th, 2024 at 3:00pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Water & electricity generation & supply should not ever be in the hands of "private enterprise".

It is not a panacea to everything and small to corporate businesses go belly up everyday.

Why do they fail?


It depends on what your goal is.

To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that, the priority is to deliver the bare minimum service, for the highest price at the lowest cost to the business.

The level of service reduced to what is considered the absolute minimum required by regulatory standards IF any even exist, and innovation focuses on cost-cutting and efficiency, not on improving the service.

Those who think the Government shouldn't be running businesses are purely ideologically based.

There are no good outcomes to privatisation where the result is we have to pay more for less and in the cases of vital services, when things go wrong our tax dollars have to bail them out.

We should not be incentivising turning the people into commodities when it comes to basic needs just to transfer wealth to those who donate the most to politicians.



absolute crap

almost everything that functions well

your car, your iphone, your lap top, your local supermarket , your petrol station, your bakery, your milk supply , your entertainment be it football or horse racing

is run seamlessly and well by PRIVATE industry


almost everything that is a cock up

your public schools, your casualty departments, your court system, your response to fire ants , your olympics , your roads (apart from our smooth tollways), your hospital ramping and public transport

is run hopelessly inefficiently by PUBLIC government over complicated , over bureaucratised, paper shuffling, empire building, unaccountable public servants .


the more we privatise the better off we are

ask russia or venezuela  ::) ::) ::) ::)

Title: Re: privatisation
Post by thegreatdivide on May 21st, 2024 at 12:33pm

freediver wrote on May 21st, 2024 at 12:11pm:

Dnarever wrote on May 21st, 2024 at 11:57am:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


[quote]What makes you think that?


It's called history.[/quote]

You can call it anything you like. Can you explain it? [/quote]

Er .....costs + profit = more than costs.


Quote:
Or is it like a religion for you?


Funny coming from you..... 

"The markets are a good servant, but a bad master, and a worse religion" A. Lovins.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 12:47pm

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.

Title: Re: privatisation
Post by thegreatdivide on May 21st, 2024 at 1:01pm

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 1:15pm

thegreatdivide wrote on May 21st, 2024 at 1:01pm:

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 


Why did it have to starve 50 million people to death, and kill about another 50 million people, in order to learn what everyone else already knew?

Title: Re: privatisation
Post by aquascoot on May 21st, 2024 at 1:29pm

thegreatdivide wrote on May 21st, 2024 at 1:01pm:

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 



became productive by backing PRIVATE individuals and entrepreneurs.  ie  capitalism at its finest


When it comes to birthing unicorns, China is fertile territory. Trailing second only to the US, China boasts 316 unicorns, up 15 in just one year (2022) and a staggering 50% since pre-Covid days.2 May 2023

Title: Re: privatisation
Post by thegreatdivide on May 21st, 2024 at 1:51pm

freediver wrote on May 21st, 2024 at 1:15pm:

thegreatdivide wrote on May 21st, 2024 at 1:01pm:

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 


Why did it have to starve 50 million people to death, and kill about another 50 million people, in order to learn what everyone else already knew?


sigh - I even have to deal with the pathetic diversions from  this blind ideologue's crippled brain, even after he can't admit he lost the "privatization" debate. 

'Nobody else' - not even Marx -  knew how to lift a civil-war and poverty-ravaged nation of close to a billion people  out of absolute agrarian subsistence poverty and chaos.

Do try to keep up.

Title: Re: privatisation
Post by thegreatdivide on May 21st, 2024 at 2:02pm

aquascoot wrote on May 21st, 2024 at 1:29pm:

thegreatdivide wrote on May 21st, 2024 at 1:01pm:

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 


became productive by backing PRIVATE individuals and entrepreneurs.  ie  capitalism at its finest


Yes, but now the limits of the free market are revealing themselves, in both China ....and the US where  the economic stress experienced by half the population is resulting in political madness and hyperpartisanship.


Quote:
When it comes to birthing unicorns, China is fertile territory. Trailing second only to the US, China boasts 316 unicorns, up 15 in just one year (2022) and a staggering 50% since pre-Covid days.2 May 2023


Yes, and the CCP is also determined to overcome free market catastrophies like the Evergrande disaster, in the government's  quest for common prosperity. 

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 2:22pm

thegreatdivide wrote on May 21st, 2024 at 1:51pm:

freediver wrote on May 21st, 2024 at 1:15pm:

thegreatdivide wrote on May 21st, 2024 at 1:01pm:

freediver wrote on May 21st, 2024 at 12:47pm:

Quote:
Er .....costs + profit = more than costs.


The CCP managed to starve 50 million people to death without making any profit at all.


The CCP learned from its mistakes, changed course  and created the largest productive capacity in the world.

Do try to keep up.

meantime: costs + profit = higher costs for consumers...no wonder you are desperately diverting from the topic (ironic, since you imagined you  changed the topic of the 'privatization' thread.....] 


Why did it have to starve 50 million people to death, and kill about another 50 million people, in order to learn what everyone else already knew?


sigh - I even have to deal with the pathetic diversions from  this blind ideologue's crippled brain, even after he can't admit he lost the "privatization" debate. 

'Nobody else' - not even Marx -  knew how to lift a civil-war and poverty-ravaged nation of close to a billion people  out of absolute agrarian subsistence poverty and chaos.

Do try to keep up.


LOL. Of course Marx would have been the last to know. You know he died several decades before the CCP even existed don't you?

China was only "civil war ravaged" because the CCP slaughtered about 20 million Chinese people in their effort to overthrow the government. Pausing only to let the Japanese army rape and pillage their way across China in WWII, while the government they were trying to overthrow did all the fighting.

Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 3:38pm

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?[/quote]

Evidence.

Privatisation can work, it's not always a bad thing, but that requires proper regulatory oversight, which eats into profits and is always fought against, usually citing some coloured tape or "big government" as the means to mobilise the population to support actions that are not in their best interests.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 3:40pm

ProudKangaroo wrote on May 21st, 2024 at 3:38pm:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


Evidence.

Privatisation can work, it's not always a bad thing, but that requires proper regulatory oversight, which eats into profits and is always fought against, usually citing some coloured tape or "big government" as the means to mobilise the population to support actions that are not in their best interests.
[/quote]

What evidence? There is a clear trend that the more privatisation, the better. I think you mistake your inability to understand what you see for evidence.

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on May 21st, 2024 at 3:53pm

aquascoot wrote on May 21st, 2024 at 12:22pm:

ProudKangaroo wrote on May 21st, 2024 at 10:24am:

Gnads wrote on May 20th, 2024 at 3:00pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


Water & electricity generation & supply should not ever be in the hands of "private enterprise".

It is not a panacea to everything and small to corporate businesses go belly up everyday.

Why do they fail?


It depends on what your goal is.

To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that, the priority is to deliver the bare minimum service, for the highest price at the lowest cost to the business.

The level of service reduced to what is considered the absolute minimum required by regulatory standards IF any even exist, and innovation focuses on cost-cutting and efficiency, not on improving the service.

Those who think the Government shouldn't be running businesses are purely ideologically based.

There are no good outcomes to privatisation where the result is we have to pay more for less and in the cases of vital services, when things go wrong our tax dollars have to bail them out.

We should not be incentivising turning the people into commodities when it comes to basic needs just to transfer wealth to those who donate the most to politicians.



absolute crap

almost everything that functions well

your car, your iphone, your lap top, your local supermarket , your petrol station, your bakery, your milk supply , your entertainment be it football or horse racing

is run seamlessly and well by PRIVATE industry


almost everything that is a cock up

your public schools, your casualty departments, your court system, your response to fire ants , your olympics , your roads (apart from our smooth tollways), your hospital ramping and public transport

is run hopelessly inefficiently by PUBLIC government over complicated , over bureaucratised, paper shuffling, empire building, unaccountable public servants .


the more we privatise the better off we are

ask russia or venezuela  ::) ::) ::) ::)


All you're doing is shifting the unaccountability elsewhere.

Everytime vital infrastructure or services are privatised and the regulations around them are watered down as always happens, either as part of the initial negotiation or over time, it leads to worse service levels, higher prices or government protected private monopolies.

And when those fail because they don't have the guard rails to prevent them from the sort of behaviour that lead to the GFC, what then?

We have to pay to bail them out.

Perhaps in say the US, when all the banks screwed up with their subprime mortgages, the Government shouldn't have bailed them out and instead paid peoples mortgages instead..?

They're private businesses after all, let them fail, but protect the people instead..?

Look at the privatised port authorities... Huge profits but higher prices for shipping with no improvements in processing, in most cases those times have blown out.

All someone else's fault of course.  Unaccountable and blame shifting, again.

And who pays the price for the delays and the overall increases in shipping costs?

Oh right, we do.

Vital services are about providing the service.  When you privatise them, the first thing to change is that it's no longer about service delivery, but the profit motive guiding all their decisions.

It changes from public interest to private interest. 

Yes, the provision of public services doesn't have an interest in the public, but instead profit.

And you want to talk about reduced accountability...!?  Privatised entities are not as accountable to the public as government-run services. This can lead to less transparency and responsiveness to public needs and complaints.

Privatisation of electricity networks in some states has been linked to rising prices and questionable improvements in service reliability, as in none.

But again, we find excuses to shift the blame elsewhere.

Where is that accountability again?

Scoot, I have to know, are you in favour of the sort of highly government-regulated safeguards that would be needed to make privatisation work, or are you an unbridled small government "the private sector do it better" fanatic?

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 4:02pm

Quote:
Everytime vital infrastructure or services are privatised and the regulations around them are watered down as always happens, either as part of the initial negotiation or over time, it leads to worse service levels, higher prices or government protected private monopolies.


Do you have any evidence for this? Or just endless hot air?

Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 4:09pm

freediver wrote on May 21st, 2024 at 3:40pm:

ProudKangaroo wrote on May 21st, 2024 at 3:38pm:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


Evidence.

Privatisation can work, it's not always a bad thing, but that requires proper regulatory oversight, which eats into profits and is always fought against, usually citing some coloured tape or "big government" as the means to mobilise the population to support actions that are not in their best interests.


What evidence? There is a clear trend that the more privatisation, the better. I think you mistake your inability to understand what you see for evidence.[/quote]
  • Water services in South Australia
  • Melbourne's train and tram networks
  • Sydney's Cross City Tunnel and Lane Cove Tunnel
  • Electricity networks in Victoria and South Australia
  • Privatisation and deregulation of aged care services
  • Privatisation of vocational education and training (VET) providers
  • Privatisation of prison services in various states, including Victoria and New South Wales
  • Partial privatisation and outsourcing of hospital services in Queensland and New South Wales
  • Telstra privatisation led to service quality issues, higher costs for consumers, market dominance and competition issues and customer service decline

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 4:16pm

ProudKangaroo wrote on May 21st, 2024 at 4:09pm:

freediver wrote on May 21st, 2024 at 3:40pm:

ProudKangaroo wrote on May 21st, 2024 at 3:38pm:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


Evidence.

Privatisation can work, it's not always a bad thing, but that requires proper regulatory oversight, which eats into profits and is always fought against, usually citing some coloured tape or "big government" as the means to mobilise the population to support actions that are not in their best interests.


What evidence? There is a clear trend that the more privatisation, the better. I think you mistake your inability to understand what you see for evidence.

  • Water services in South Australia
  • Melbourne's train and tram networks
  • Sydney's Cross City Tunnel and Lane Cove Tunnel
  • Electricity networks in Victoria and South Australia
  • Privatisation and deregulation of aged care services
  • Privatisation of vocational education and training (VET) providers
  • Privatisation of prison services in various states, including Victoria and New South Wales
  • Partial privatisation and outsourcing of hospital services in Queensland and New South Wales
  • Telstra privatisation led to service quality issues, higher costs for consumers, market dominance and competition issues and customer service decline
[/quote]

That is a list. It is not evidence. I expect you can probably vent endless hot air about this. But that is all it is.

In fact it is such a short list that it is easier to interpret it as evidence that you are wrong.

Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 4:20pm

freediver wrote on May 21st, 2024 at 4:16pm:
That is a list. It is not evidence. I expect you can probably vent endless hot air about this. But that is all it is.

In fact it is such a short list that it is easier to interpret it as evidence that you are wrong.


I'm not going to list every single example, but of those I know about off the top of my head since I've been talking about this with a friend recently, here is more info from those above:


ProudKangaroo wrote on May 21st, 2024 at 4:09pm:
  • Water services in South Australia


An inquiry by the South Australian Parliament in 2018 highlighted that the privatisation of water services had resulted in higher costs for consumers without corresponding improvements in service quality. The Essential Services Commission of South Australia also noted ongoing concerns about the pricing and performance of privatised water services.


Quote:
  • Melbourne's train and tram networks


A report by the Victorian Auditor-General's Office in 2005 found that the privatisation had not achieved the expected service improvements and that the state had to intervene financially to support the operators. Additionally, the public perceived a decline in service quality and increased fares, leading to significant criticism of the privatisation process.


Quote:
  • Sydney's Cross City Tunnel and Lane Cove Tunnel


According to the NSW Auditor-General, the financial difficulties and high tolls of these projects highlighted the risks and challenges associated with privatising such infrastructure. The public's dissatisfaction with the cost of using these roads compared to the benefits received has been well-documented.


Quote:
  • Electricity networks in Victoria and South Australia


A report by the Australia Institute found that electricity prices in Victoria and South Australia, where networks were privatised, were higher compared to other states where electricity infrastructure remained publicly owned. Furthermore, a study by the Grattan Institute indicated that privatisation had not delivered the promised efficiency gains and instead resulted in higher costs for consumers.


Quote:
  • Privatisation and deregulation of aged care services


The Royal Commission into Aged Care Quality and Safety, which delivered its final report in 2021, found widespread systemic failures in the aged care sector. It highlighted neglect, substandard care, and financial exploitation by some private providers. The Commission's findings indicate that the profit motive in privatised aged care has, in many cases, compromised the quality of care provided to elderly residents.


Quote:
  • Privatisation of vocational education and training (VET) providers


The Australian Skills Quality Authority (ASQA) reported widespread non-compliance among private VET providers, resulting in low-quality education and training outcomes. A Senate inquiry in 2015 found that the rapid expansion of private VET providers, driven by profit motives, led to substandard training and exploitative practices, significantly undermining the integrity and effectiveness of the VET system.


Quote:
  • Privatisation of prison services in various states, including Victoria and New South Wales


A report by the Victorian Auditor-General's Office in 2018 highlighted issues with the performance and cost-effectiveness of privately operated prisons. The report indicated that private prisons were more expensive and less effective in terms of rehabilitation compared to publicly operated prisons. Similar findings were reported in New South Wales, where private prisons experienced problems related to safety, staffing, and inmate management.


Quote:
  • Partial privatisation and outsourcing of hospital services in Queensland and New South Wales


The failed outsourcing of hospital services at the Royal North Shore Hospital in New South Wales in the early 2000s led to significant public outcry and eventual reversal of the privatisation initiative. Issues included deteriorating service quality, staff shortages, and increased patient complaints. In Queensland, the privatisation of some hospital services at the Royal Brisbane and Women’s Hospital faced similar criticism, with reports of reduced service quality and efficiency.


Quote:
  • Telstra privatisation led to service quality issues,


A report by the Australian National Audit Office (ANAO) in 2009 highlighted that the privatisation of Telstra led to mixed outcomes in terms of service delivery, with notable gaps in rural and remote regions compared to urban areas. The lack of incentives for a private entity to invest in less profitable areas contributed to this disparity.


Quote:
higher costs for consumers,


Studies and consumer reports have shown that the cost of telecommunications services, particularly fixed-line and broadband, increased following privatisation. The Australian Communications Consumer Action Network (ACCAN) has documented consumer concerns about affordability and value for money in the years following Telstra's privatisation.

Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 4:20pm

Quote:
market dominance and competition issues,


The Australian Competition and Consumer Commission (ACCC) has repeatedly raised concerns about Telstra's market dominance, noting that it has led to less competitive outcomes in some segments of the market. Reports and regulatory actions have focused on ensuring that Telstra does not misuse its dominant position to the detriment of consumers and competitors.

---------

These are all examples of privatisation leading to worse outcomes and we have had to pay for it, and it's by far a complete list.

Again, privatisation can work, BUT, it requires strong government regulation to avoid privatising profits and socializing losses and a sharp degradation of service delivery and innovation.

We tend not to get that when our assets are privatised because the lower IQ among us start to talk about Russia or Venezuela, or even socialism and communism.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 4:27pm
How is any of that evidence that people should not be able to have their own solar panels because it will somehow make the "service" worse?

Title: Re: privatisation
Post by Dnarever on May 21st, 2024 at 4:34pm

freediver wrote on May 21st, 2024 at 12:11pm:

Dnarever wrote on May 21st, 2024 at 11:57am:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


[quote]What makes you think that?


It's called history.[/quote]

You can call it anything you like. Can you explain it? Or is it like a religion for you?[/quote]

There are no known cases of privatisation in Australia where the customer or the people have benefited.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 4:51pm

Quote:
There are no known cases of privatisation in Australia where the customer or the people have benefited.


Are you actually using your own ignorance as evidence that you are right?

Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 5:11pm

freediver wrote on May 21st, 2024 at 4:27pm:
How is any of that evidence that people should not be able to have their own solar panels because it will somehow make the "service" worse?


Are we not talking about the same thing?

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on May 21st, 2024 at 5:15pm

ProudKangaroo wrote on May 21st, 2024 at 10:24am:
To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that...


Title: Re: privatisation
Post by SadKangaroo on May 21st, 2024 at 5:22pm

Dnarever wrote on May 21st, 2024 at 4:34pm:

freediver wrote on May 21st, 2024 at 12:11pm:

Dnarever wrote on May 21st, 2024 at 11:57am:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


[quote]What makes you think that?


It's called history.


You can call it anything you like. Can you explain it? Or is it like a religion for you?[/quote]

There are no known cases of privatisation in Australia where the customer or the people have benefited.
[/quote]

I don't think that's a fair statement, but there are qualifiers.

When profit becomes the primary motive in privatised services (which is every case), it often leads to cost-cutting at the expense of service quality and higher prices for consumers. Effective regulation and oversight are critical to ensure that privatisation serves the public interest and does not negatively impact service levels.

The problem is, like those deliberately avoiding making their stance clear on the subject, most people who advocate for free market capitalism in the form of "the private sector do it better" also want little to no regulation accompanying the privatisation.

Those are the situations that lead to worse outcomes and bailouts.

When effectively managed and regulated, privatisation can lead to significant benefits, including improved efficiency, enhanced service quality, and greater investment in infrastructure. The key to successful privatisation lies in ensuring strong regulatory oversight and alignment of private incentives with public interests.

And that's why it so often doesn't work, because one side of politics, and their willing followers, are dead set against that.

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on May 21st, 2024 at 5:23pm

freediver wrote on May 21st, 2024 at 5:15pm:

ProudKangaroo wrote on May 21st, 2024 at 10:24am:
To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that...


So you're equating having your own solar panels to private companies buying the means of baseload generation and the infrastructure to transport the power?

That's a little disingenuous don't you think?

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on May 21st, 2024 at 5:27pm

ProudKangaroo wrote on May 21st, 2024 at 5:23pm:

freediver wrote on May 21st, 2024 at 5:15pm:

ProudKangaroo wrote on May 21st, 2024 at 10:24am:
To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that...


So you're equating having your own solar panels to private companies buying the means of baseload generation and the infrastructure to transport the power?

That's a little disingenuous don't you think?


You made the generalisation, not me.

Do you think food is an essential service?

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 21st, 2024 at 5:36pm
1. primary generation
2. poles and wires
3. retailer

Note the difference?  Poles and wires already get their cut... the home primary producer already pays them...

Thank you for coming again, SK... just go back to sleep.  You cannot be serious about anything.

Title: Re: privatisation
Post by freediver on May 21st, 2024 at 5:41pm

Grappler Truth Teller wrote on May 21st, 2024 at 5:36pm:
1. primary generation
2. poles and wires
3. retailer

Note the difference?  Poles and wires already get their cut... the home primary producer already pays them...

Thank you for coming again, SK... just go back to sleep.  You cannot be serious about anything.


Would you like to try using whole sentences Grapps?

Title: Re: privatisation
Post by Daves2017 on May 21st, 2024 at 11:51pm
“Beginning in 1997 and finalizing in 2011, the federal government began to privatise the corporation. The first three stages were initiated by the Liberal–National Coalition's Howard government: the first, informally known as "T1" (with shares priced at $3.30), occurred in 1997.“

“ google

Would anyone like to say what a wonderful example of privatisation this has been?

Leaving the job losses today out of it!

Title: Re: Modern Monetary Theory (MMT)
Post by Baronvonrort on May 22nd, 2024 at 12:03am

ProudKangaroo wrote on May 21st, 2024 at 5:23pm:
So you're equating having your own solar panels to private companies buying the means of baseload generation and the infrastructure to transport the power?

That's a little disingenuous don't you think?


If you have solar panels and a battery you can go off grid which is privatising your electricity.

In rural areas it can be cheaper to go solar/battery than connecting to the grid.

Title: Re: Modern Monetary Theory (MMT)
Post by SadKangaroo on May 22nd, 2024 at 9:54am

freediver wrote on May 21st, 2024 at 5:27pm:

ProudKangaroo wrote on May 21st, 2024 at 5:23pm:

freediver wrote on May 21st, 2024 at 5:15pm:

ProudKangaroo wrote on May 21st, 2024 at 10:24am:
To me, the goal of providing an essential service, like power, water, health and even the Internet these days, is a focus on providing the service and the positive outcomes those services deliver.

The moment you privatise that...


So you're equating having your own solar panels to private companies buying the means of baseload generation and the infrastructure to transport the power?

That's a little disingenuous don't you think?


You made the generalisation, not me.


Wait wait wait...

In a discussion about the Government selling assets, aka privatisation, you want to derail the topic by pretending that talking about the Government selling the means of generation and the transport infrastructure by using the term "power" is a generalisation that includes individuals installing solar panels?

I suppose people with septic tanks are privatising waste water?

Those with rain water tanks privatising public water supply?

Does this extend to veggie patches?

It's the sort of distractionary tactic used by those who have a dog poo position and a losing hand...

Come on now...

Surely you can see the difference between private assets paid for by the tax payers being sold to private industry to then charge the public again to use them, vs a private individual installing solar panels?

Jeez the IQ of this place has really dropped, I never through it possible but here we are...

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 9:58am

Quote:
the goal of providing an essential service


Sounds pretty general to me. Or is "essential service" a red herring?

Do you think food is an essential service?

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 10:13am

freediver wrote on May 22nd, 2024 at 9:58am:

Quote:
the goal of providing an essential service


Sounds pretty general to me. Or is "essential service" a red herring?

Do you think food is an essential service?


If you don't want to have a good-faith discussion then just say so.

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 10:22am
And yes, I do think food is an essential service.

But like I said, not all privatisation is bad, but it does require strong regulation.

At the moment, farmers are getting buggered by the middle men and we're getting buggered by the big 2 supermarkets.

Regulation has failed us and guess who is paying for it with subsidies to producers and consumers during cost of living issues?

Taxpayers, again.

The Australian agricultural and food sectors have largely operated within a market economy framework with significant private sector involvement. They've never been entirely government-run so they're not something that's been "privatised" after creation.

There were some historical exceptions within the states around grain handling and dairy. However, many of these have been privatised over the past few decades but they're only a small subset of the industry as a whole.

So it's again not the same as the Government building infrastructure to provide a vital service and then selling that infrastructure once it's been built and starts to generate a return.

I'm not sure why you're employing these sorts of cheap debate tactics unless you really are stupider than I thought and unable to grasp these basic concepts.

I know you're trying for some sort of socialist gotcha, but it won't work.  Capitalism is the best of a set of bad options, but it needs to be regulated.  Unregulated capitalism has no longevity, and pushing more public sector responsibilities into that framework leads to worse outcomes and more money needing to be spent, that we have to pay for multiple times.

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 10:43am

Quote:
They've never been entirely government-run so they're not something that's been "privatised" after creation.


Is that a red herring, or do you think the economics depends on the history?


Quote:
So it's again not the same


What is the distinction you are trying to make?

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 11:04am

freediver wrote on May 22nd, 2024 at 10:43am:

Quote:
They've never been entirely government-run so they're not something that's been "privatised" after creation.


Is that a red herring, or do you think the economics depends on the history?

[quote]So it's again not the same


What is the distinction you are trying to make?[/quote]

The thread is about privatisation.

How can something that was never government-owned or run ever be privatised?

It seems like you just want to talk about private businesses regardless of if they were originally publicly owned?

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 11:06am

ProudKangaroo wrote on May 22nd, 2024 at 11:04am:

freediver wrote on May 22nd, 2024 at 10:43am:

Quote:
They've never been entirely government-run so they're not something that's been "privatised" after creation.


Is that a red herring, or do you think the economics depends on the history?

[quote]So it's again not the same


What is the distinction you are trying to make?


The thread is about privatisation.

How can something that was never government-owned or run ever be privatised?

It seems like you just want to talk about private businesses regardless of if they were originally publicly owned?[/quote]

So you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?

Title: Re: privatisation
Post by thegreatdivide on May 22nd, 2024 at 11:35am

freediver wrote on May 22nd, 2024 at 10:43am:
Is that a red herring, or do you think the economics depends on the history?


Quote:
So it's again not the same


What is the distinction you are trying to make?


You are certainly illuminating SK's contention, namely: I'm not sure why you're employing these sorts of cheap debate tactics unless you really are stupider than I thought and unable to grasp these basic concepts".

Normally farmers grow food in the private sector, with many farmers growing different types of food, whether grains in larger scale operations, or veggies in often small scale operations, food which is sent to markets and sold, and the 'private market' functions satisfactorily.  Mostly......


Except in India when a good crop means farmers commit suicide because low prices means they can't repay debt accrued  to plant the crop.

And in Oz - wine grape growers  thought they were onto a good wicket....; both the above are examples of the limitations of the free market. (China guarantees farmers' incomes with subsidies when required, to counteract market outcomes).

So yes, food is an "essential service", which normally can be provided in the private sector, because many farmers  produce many different items for which they expect there will be a market; the maco-effect of which results (usually) in  satisfactory 'clearing' in  the market.

Unlike electricity, where  there are a few big providers all selling the same thing (electricity) into the market, who are in a position to set prices beyond what the market can bear   eg in the current cost of living crisis.

Should be nationalized, to get rid of the profit expense, - unlike the myriad of farmers  who are competing with one another and cannot be easily nationalized (as Mao found out...)

In fact farmers are a lot like the independent agents (boot makers, bakers) in Adam Smith's 'invisible hand' theory, now obsolete because boots and bread are now largely made by a few globally owned  monopolies.   

So face it: some industry (eg farming)  works satisfactorily in the private sector, whereas other industry (eg electricity production) is a disaster if left to the profit seeking private sector, because the farmers still face the competitive forces of Smith's 'invisible hand' market ( with prices determined by what the market can bear), versus monopolistic price-setters in electricity production which the government is forced to regulate to avoid profit gougers burdening electricity consumers.







Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 11:40am

freediver wrote on May 22nd, 2024 at 11:06am:

ProudKangaroo wrote on May 22nd, 2024 at 11:04am:

freediver wrote on May 22nd, 2024 at 10:43am:

Quote:
They've never been entirely government-run so they're not something that's been "privatised" after creation.


Is that a red herring, or do you think the economics depends on the history?

[quote]So it's again not the same


What is the distinction you are trying to make?


The thread is about privatisation.

How can something that was never government-owned or run ever be privatised?

It seems like you just want to talk about private businesses regardless of if they were originally publicly owned?


So you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?[/quote]

No, you're trying to change what I've said to something you think you can argue against.

When the Government sets up an entity to provide an essential service to the community that the private sector hasn't been able to provide, either because of the cost of initial investment or it's just not profitable, the focus is on service delivery.

When that is privatised, the model changes from a focus on service delivery to a return on investment, so a focus on profit over service delivery.

If this change does not come with strong regulations to ensure adequate minimum service delivery levels, protections against competition issues etc it results in worse outcomes for those people who need those services.

When the focus is service delivery, the aim is to provide the best service possible.  When the focus is profit, it's to provide the bare minimum service possible at the lowest price while charging the highest amount for it.

That is the major objection.  If you're ok with the idea of paying more for less to purely satisfy an ideological desire, then so be it.

But when it's an essential service, it becomes one of those "too big to fail" situations where if service levels drop too far or there are poor business practices such as high levels of underinvestment in maintenance or no innovation outside of cost-cutting and staff layoffs, we, the taxpayers have to bail them out.

Those sorts of bailouts are welfare, which should for those ideologically driven be triggering, but apparently corporate welfare is ok.

After all, the given services like water, electricity, gas, public transport, health and even internet these days are essential and must be provided, there is no choice.

So we pay more for less, and then have to pay again to fix the problems.  So we paid to build the service, run the service, then it got sold and we have to pay again to bail it out?

Just because the companies bottom line might be good doesn't mean there isn't billions of wasted dollars, but that NEVER gets factored in, just ignored to push the lie that the private sector always does it better.

It's not a good system.

If it's properly regulated it can work and a private business has more freedoms to drive down costs than your standard Government agency would have.

But there is nearly a full crossover between "The private sector do it better" crowd and the "small government, too much red tape" crowd.

When the Government want a quick cash injection to balance the books, they're willing to concede in certain regulatory ways that are terrible for us, but great for the private business.

Setting up "leases" on ports so they can claim it wasn't privatised, but then enforcing that no others can operate within a certain exclusion zone to ensure a monopoly and then the prices increase because there is no competition and no choice, that's bad for us.

But that's great for the newly privatised port's profit-driven aims.

These are the risks of privatisation when it's not done right.

One of my previous posts outlined just a few examples of what happens when it's not done right...

It's really not hard to understand and less you're trying to be willfully ignorant for argument's sake.

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 12:29pm

thegreatdivide wrote on May 22nd, 2024 at 11:35am:

freediver wrote on May 22nd, 2024 at 10:43am:
Is that a red herring, or do you think the economics depends on the history?


Quote:
So it's again not the same


What is the distinction you are trying to make?


You are certainly illuminating SK's contention, namely: I'm not sure why you're employing these sorts of cheap debate tactics unless you really are stupider than I thought and unable to grasp these basic concepts".

Normally farmers grow food in the private sector, with many farmers growing different types of food, whether grains in larger scale operations, or veggies in often small scale operations, food which is sent to markets and sold, and the 'private market' functions satisfactorily.  Mostly......


Except in India when a good crop means farmers commit suicide because low prices means they can't repay debt accrued  to plant the crop.

And in Oz - wine grape growers  thought they were onto a good wicket....; both the above are examples of the limitations of the free market. (China guarantees farmers' incomes with subsidies when required, to counteract market outcomes).

So yes, food is an "essential service", which normally can be provided in the private sector, because many farmers  produce many different items for which they expect there will be a market; the maco-effect of which results (usually) in  satisfactory 'clearing' in  the market.

Unlike electricity, where  there are a few big providers all selling the same thing (electricity) into the market, who are in a position to set prices beyond what the market can bear   eg in the current cost of living crisis.

Should be nationalized, to get rid of the profit expense, - unlike the myriad of farmers  who are competing with one another and cannot be easily nationalized (as Mao found out...)

In fact farmers are a lot like the independent agents (boot makers, bakers) in Adam Smith's 'invisible hand' theory, now obsolete because boots and bread are now largely made by a few globally owned  monopolies.   

So face it: some industry (eg farming)  works satisfactorily in the private sector, whereas other industry (eg electricity production) is a disaster if left to the profit seeking private sector, because the farmers still face the competitive forces of Smith's 'invisible hand' market ( with prices determined by what the market can bear), versus monopolistic price-setters in electricity production which the government is forced to regulate to avoid profit gougers burdening electricity consumers.


So people should not be allowed to have rooftop solar in case they charge too much for the power they produce?

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 12:31pm

freediver wrote on May 22nd, 2024 at 12:29pm:

thegreatdivide wrote on May 22nd, 2024 at 11:35am:

freediver wrote on May 22nd, 2024 at 10:43am:
Is that a red herring, or do you think the economics depends on the history?


Quote:
So it's again not the same


What is the distinction you are trying to make?


You are certainly illuminating SK's contention, namely: I'm not sure why you're employing these sorts of cheap debate tactics unless you really are stupider than I thought and unable to grasp these basic concepts".

Normally farmers grow food in the private sector, with many farmers growing different types of food, whether grains in larger scale operations, or veggies in often small scale operations, food which is sent to markets and sold, and the 'private market' functions satisfactorily.  Mostly......


Except in India when a good crop means farmers commit suicide because low prices means they can't repay debt accrued  to plant the crop.

And in Oz - wine grape growers  thought they were onto a good wicket....; both the above are examples of the limitations of the free market. (China guarantees farmers' incomes with subsidies when required, to counteract market outcomes).

So yes, food is an "essential service", which normally can be provided in the private sector, because many farmers  produce many different items for which they expect there will be a market; the maco-effect of which results (usually) in  satisfactory 'clearing' in  the market.

Unlike electricity, where  there are a few big providers all selling the same thing (electricity) into the market, who are in a position to set prices beyond what the market can bear   eg in the current cost of living crisis.

Should be nationalized, to get rid of the profit expense, - unlike the myriad of farmers  who are competing with one another and cannot be easily nationalized (as Mao found out...)

In fact farmers are a lot like the independent agents (boot makers, bakers) in Adam Smith's 'invisible hand' theory, now obsolete because boots and bread are now largely made by a few globally owned  monopolies.   

So face it: some industry (eg farming)  works satisfactorily in the private sector, whereas other industry (eg electricity production) is a disaster if left to the profit seeking private sector, because the farmers still face the competitive forces of Smith's 'invisible hand' market ( with prices determined by what the market can bear), versus monopolistic price-setters in electricity production which the government is forced to regulate to avoid profit gougers burdening electricity consumers.


So people should not be allowed to have rooftop solar in case they charge too much for the power they produce?


Do you not know what privatisation is dear?

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 12:33pm
Do you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 1:05pm

freediver wrote on May 22nd, 2024 at 12:33pm:
Do you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?


I'm not repeating myself again,

https://www.ozpolitic.com/forum/YaBB.pl?num=1649572754/468#468

If you don't like the answer, I can't help you.

Do better.

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 1:07pm

ProudKangaroo wrote on May 22nd, 2024 at 1:05pm:

freediver wrote on May 22nd, 2024 at 12:33pm:
Do you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?


I'm not repeating myself again,

https://www.ozpolitic.com/forum/YaBB.pl?num=1649572754/468#468

If you don't like the answer, I can't help you.

Do better.


So that's a yes? It's the change that is the problem, not anything fundamental about whether it should be private or public?

Title: Re: privatisation
Post by thegreatdivide on May 22nd, 2024 at 1:34pm

freediver wrote on May 22nd, 2024 at 12:29pm:

thegreatdivide wrote on May 22nd, 2024 at 11:35am:

freediver wrote on May 22nd, 2024 at 10:43am:
Is that a red herring, or do you think the economics depends on the history?


Quote:
So it's again not the same


What is the distinction you are trying to make?


You are certainly illuminating SK's contention, namely: I'm not sure why you're employing these sorts of cheap debate tactics unless you really are stupider than I thought and unable to grasp these basic concepts".

Normally farmers grow food in the private sector, with many farmers growing different types of food, whether grains in larger scale operations, or veggies in often small scale operations, food which is sent to markets and sold, and the 'private market' functions satisfactorily.  Mostly......


Except in India when a good crop means farmers commit suicide because low prices means they can't repay debt accrued  to plant the crop.

And in Oz - wine grape growers  thought they were onto a good wicket....; both the above are examples of the limitations of the free market. (China guarantees farmers' incomes with subsidies when required, to counteract market outcomes).

So yes, food is an "essential service", which normally can be provided in the private sector, because many farmers  produce many different items for which they expect there will be a market; the maco-effect of which results (usually) in  satisfactory 'clearing' in  the market.

Unlike electricity, where  there are a few big providers all selling the same thing (electricity) into the market, who are in a position to set prices beyond what the market can bear   eg in the current cost of living crisis.

Should be nationalized, to get rid of the profit expense, - unlike the myriad of farmers  who are competing with one another and cannot be easily nationalized (as Mao found out...)

In fact farmers are a lot like the independent agents (boot makers, bakers) in Adam Smith's 'invisible hand' theory, now obsolete because boots and bread are now largely made by a few globally owned  monopolies.   

So face it: some industry (eg farming)  works satisfactorily in the private sector, whereas other industry (eg electricity production) is a disaster if left to the profit seeking private sector, because the farmers still face the competitive forces of Smith's 'invisible hand' market ( with prices determined by what the market can bear), versus monopolistic price-setters in electricity production which the government is forced to regulate to avoid profit gougers burdening electricity consumers.


So people should not be allowed to have rooftop solar in case they charge too much for the power they produce?


No, in fact government should fund installation of rooftop solar on every suitable roof in the nation - and nationalize the fossil fuel industry.

Bingo -  free electricity (since currency-issuing governments can issue money for free, and "opportunity costs"  are irrelevent in an AGW emergency). 

Great to see you digging ever-greater holes in which to bury the "privatization" ideology,  as the global economy is about to be overwhelmed by ecological and economic reality. 

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 1:37pm

freediver wrote on May 22nd, 2024 at 1:07pm:

ProudKangaroo wrote on May 22nd, 2024 at 1:05pm:

freediver wrote on May 22nd, 2024 at 12:33pm:
Do you think they should be government run because that's the way it was in the past? Is there some kind of principle behind your argument, or do you just not like change?


I'm not repeating myself again,

https://www.ozpolitic.com/forum/YaBB.pl?num=1649572754/468#468

If you don't like the answer, I can't help you.

Do better.


So that's a yes? It's the change that is the problem, not anything fundamental about whether it should be private or public?


No, it's a No.

Read the post...

I've already said that privatisation can work with strong regulations.  But in practice that rarely happens.

I mean, I can try to explain like you're a 5 year old, but it's a complex issue that deserves more than that.

With public ownership, the focus is on providing the service.  With private ownership, the focus is on profit for the private business interests.

Private ownership leads to a culture of minimum service delivery for the lowest cost, charging the maximum amount, usually operating in a monopoly landscape which means the customers don't have choice, it's not a free market.

It needs strong regulation to set an adequate minimum service level guarantee and to ensure the people are not exploited through the monopoly.

The problem is in practice, those lobbying for privatisation have a vested interest in the least amount of regulation possible so they can maximise their profits, and lobby/donate/bribe for that too.

In these situations, the public taxpayer, us, often ends up footing the bill when things go wrong because these now privatised businesses are providing vital services and can't fail.

So we, the people, end up paying more, paying multiple times and getting less for it.

I can't summarise it any less than that.  If you can't understand then you're actively choosing not to.

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 1:39pm
And wouldn't you know it, MWest just released a video on the topic,

https://www.youtube.com/watch?v=QPSe-1vpEiI

How long until we have to shell out more money to bail them out?

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 5:24pm

Quote:
Read the post...


I did. It focussed on the change from public to private. Not whether there is anything fundamental that means it should be one or the other. You have not provided any kind of rational argument for whether we are better off with any particular industry being public or private. Every time I ask you about a specific aspect of your argument, it turns out to be a red herring. I am yet to come across the bit that does not disappear as soon as you look at it.

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 7:00pm

freediver wrote on May 22nd, 2024 at 5:24pm:

Quote:
Read the post...


I did. It focussed on the change from public to private. Not whether there is anything fundamental that means it should be one or the other. You have not provided any kind of rational argument for whether we are better off with any particular industry being public or private. Every time I ask you about a specific aspect of your argument, it turns out to be a red herring. I am yet to come across the bit that does not disappear as soon as you look at it.


It's there is black and white, it's not about the change from public to private as an ideology, but the change in priority when the service is government run vs privately run and in terms of vital infrastructure, the fact that we the public have to foot the bailout bill.

If you're not happy with that and want specifics you're going to need to choose an industry or services because there is no blanket right or wrong when it comes to privatisation.

Each instance is different.

I'm extending good faith here to unbelievable levels...

Title: Re: privatisation
Post by Dnarever on May 22nd, 2024 at 7:15pm

ProudKangaroo wrote on May 21st, 2024 at 5:22pm:

Dnarever wrote on May 21st, 2024 at 4:34pm:

freediver wrote on May 21st, 2024 at 12:11pm:

Dnarever wrote on May 21st, 2024 at 11:57am:

freediver wrote on May 21st, 2024 at 11:07am:

Quote:
Water & electricity generation & supply should not ever be in the hands of "private enterprise".


Why not?

[quote]The moment you privatise that, the priority is to deliver the bare minimum service


What makes you think that?


[quote]What makes you think that?


It's called history.


You can call it anything you like. Can you explain it? Or is it like a religion for you?


There are no known cases of privatisation in Australia where the customer or the people have benefited.
[/quote]

I don't think that's a fair statement, but there are qualifiers.

When profit becomes the primary motive in privatised services (which is every case), it often leads to cost-cutting at the expense of service quality and higher prices for consumers. Effective regulation and oversight are critical to ensure that privatisation serves the public interest and does not negatively impact service levels.

The problem is, like those deliberately avoiding making their stance clear on the subject, most people who advocate for free market capitalism in the form of "the private sector do it better" also want little to no regulation accompanying the privatisation.

Those are the situations that lead to worse outcomes and bailouts.

When effectively managed and regulated, privatisation can lead to significant benefits, including improved efficiency, enhanced service quality, and greater investment in infrastructure. The key to successful privatisation lies in ensuring strong regulatory oversight and alignment of private incentives with public interests.

And that's why it so often doesn't work, because one side of politics, and their willing followers, are dead set against that.[/quote]


Quote:
Effective regulation and oversight are critical to ensure that privatisation serves the public interest and does not negatively impact service levels.


Correct but this has never happened. Originally when the commonwealth bank was privatised strong regulation guaranteeing standards and control was the commitment but that quickly fell by the wayside.

Remember when free to air sport coverage was supposedly legislated as part of that deal - gee I wonder where that went. Not strictly privatisation but very similar in broadcasting regulation and private competition of a free broadcasting service.


Quote:
anti-siphoning scheme was introduced to ensure sport “events of national importance and cultural significance” would not be captured exclusively by pay TV at the expense of free-to-air coverage.


Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 8:52pm

ProudKangaroo wrote on May 22nd, 2024 at 7:00pm:

freediver wrote on May 22nd, 2024 at 5:24pm:

Quote:
Read the post...


I did. It focussed on the change from public to private. Not whether there is anything fundamental that means it should be one or the other. You have not provided any kind of rational argument for whether we are better off with any particular industry being public or private. Every time I ask you about a specific aspect of your argument, it turns out to be a red herring. I am yet to come across the bit that does not disappear as soon as you look at it.


It's there is black and white, it's not about the change from public to private as an ideology, but the change in priority when the service is government run vs privately run and in terms of vital infrastructure, the fact that we the public have to foot the bailout bill.

If you're not happy with that and want specifics you're going to need to choose an industry or services because there is no blanket right or wrong when it comes to privatisation.

Each instance is different.

I'm extending good faith here to unbelievable levels...


So it's not about the change, it's about the change?

Title: Re: privatisation
Post by SadKangaroo on May 22nd, 2024 at 9:14pm

freediver wrote on May 22nd, 2024 at 8:52pm:

ProudKangaroo wrote on May 22nd, 2024 at 7:00pm:

freediver wrote on May 22nd, 2024 at 5:24pm:

Quote:
Read the post...


I did. It focussed on the change from public to private. Not whether there is anything fundamental that means it should be one or the other. You have not provided any kind of rational argument for whether we are better off with any particular industry being public or private. Every time I ask you about a specific aspect of your argument, it turns out to be a red herring. I am yet to come across the bit that does not disappear as soon as you look at it.


It's there is black and white, it's not about the change from public to private as an ideology, but the change in priority when the service is government run vs privately run and in terms of vital infrastructure, the fact that we the public have to foot the bailout bill.

If you're not happy with that and want specifics you're going to need to choose an industry or services because there is no blanket right or wrong when it comes to privatisation.

Each instance is different.

I'm extending good faith here to unbelievable levels...


So it's not about the change, it's about the change?


You whinge about generalisations then want me to make a general statement of privatisation...

Title: Re: privatisation
Post by freediver on May 22nd, 2024 at 9:19pm

ProudKangaroo wrote on May 22nd, 2024 at 9:14pm:

freediver wrote on May 22nd, 2024 at 8:52pm:

ProudKangaroo wrote on May 22nd, 2024 at 7:00pm:

freediver wrote on May 22nd, 2024 at 5:24pm:

Quote:
Read the post...


I did. It focussed on the change from public to private. Not whether there is anything fundamental that means it should be one or the other. You have not provided any kind of rational argument for whether we are better off with any particular industry being public or private. Every time I ask you about a specific aspect of your argument, it turns out to be a red herring. I am yet to come across the bit that does not disappear as soon as you look at it.


It's there is black and white, it's not about the change from public to private as an ideology, but the change in priority when the service is government run vs privately run and in terms of vital infrastructure, the fact that we the public have to foot the bailout bill.

If you're not happy with that and want specifics you're going to need to choose an industry or services because there is no blanket right or wrong when it comes to privatisation.

Each instance is different.

I'm extending good faith here to unbelievable levels...


So it's not about the change, it's about the change?


You whinge about generalisations then want me to make a general statement of privatisation...


I would like you to make any statement at all, whose meaning does not disappear as soon as you look at it.

Economists make all sorts of broad as well as specific statements about exactly this topic, all backed up by entirely rational explanations. But they have nothing to do with whether it is considered essential, nor does it depend on the history.

BTW, what makes you think that a company run by the government will not be dictated by political expediency rather than the public interest?

Title: Re: privatisation
Post by SadKangaroo on May 23rd, 2024 at 10:06am

freediver wrote on May 22nd, 2024 at 9:19pm:
I would like you to make any statement at all, whose meaning does not disappear as soon as you look at it.


Ok?


Quote:
Economists make all sorts of broad as well as specific statements about exactly this topic, all backed up by entirely rational explanations. But they have nothing to do with whether it is considered essential, nor does it depend on the history.

BTW, what makes you think that a company run by the government will not be dictated by political expediency rather than the public interest?


What exactly do you want?

If you want to play semantics and ignore reasoned answers that point to real-world examples, then you're going to need to articulate your questions without any wiggle room to ignore the answers.

Title: Re: privatisation
Post by freediver on May 23rd, 2024 at 10:10am
I am not going to tell you what to say SK. It's not my fault you wrote all those long winded explanations of something you don't understand.

It is not semantics. It is economics. People can starve if you get it wrong badly enough.

Title: Re: privatisation
Post by SadKangaroo on May 23rd, 2024 at 11:31am

freediver wrote on May 23rd, 2024 at 10:10am:
I am not going to tell you what to say SK. It's not my fault you wrote all those long winded explanations of something you don't understand.

It is not semantics. It is economics. People can starve if you get it wrong badly enough.


I always thought more of you, I don't know why clearly.

Bath faith actor in sheeps clothing.

Title: Re: privatisation
Post by thegreatdivide on May 23rd, 2024 at 11:38am

freediver wrote on May 22nd, 2024 at 5:24pm:
I did read the post.


So you now accept the difference between systems (private versus public) needed for production and marketing of food compared with  electricty (both essential) - ie electricity is the same for all consumers, and requires only a small number of producers,  whereas each consumer has different tastes in food (lettuce versus cucumbers versus  various wheat products)  requiring lots of  different small producers to cater for each taste in the market.

The case for nationalization of the electricity market is overwhelming. Even Sir Thonmas Playford recognised that when he bought the Adelaide Electricity Company in the postwar Keynesian 'welfare state' era (before the disastrous Thatcherite 'small government' low tax/  privatization ideology ravaged community wellbeing, leading to the current homelessness and cost of living crisis.   



Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 23rd, 2024 at 12:09pm
So let's just go for open slather in all areas....... charge!!!  Might as well give up on trying to go private since it fails and you can never fully regulate - so let 'er rip!

I've always said that any viable society and economy is a mix of capitalist and socialist... Australia used to be that way more... until the advent of the New robber Barons fueled by greed and self-interest and rapacious behaviour in the market and well-versed in foreign ideas on how to steal a utility and crate a 'business' for yourself doing nothing that government couldn't do as well but without the need to endlessly feed parasites ...... well - different parasites and fewer of.... unless you count The People as the shareholders.....

Bring the bastards to heel...  that'll do, pigs.... that'll do!!

Title: Re: privatisation
Post by freediver on May 23rd, 2024 at 12:24pm

thegreatdivide wrote on May 23rd, 2024 at 11:38am:

freediver wrote on May 22nd, 2024 at 5:24pm:
I did read the post.


So you now accept the difference between systems (private versus public) needed for production and marketing of food compared with  electricty (both essential) - ie electricity is the same for all consumers, and requires only a small number of producers,  whereas each consumer has different tastes in food (lettuce versus cucumbers versus  various wheat products)  requiring lots of  different small producers to cater for each taste in the market.

The case for nationalization of the electricity market is overwhelming. Even Sir Thonmas Playford recognised that when he bought the Adelaide Electricity Company in the postwar Keynesian 'welfare state' era (before the disastrous Thatcherite 'small government' low tax/  privatization ideology ravaged community wellbeing, leading to the current homelessness and cost of living crisis.   


Whether it is a commodity is also irrelevant. By that argument you could say that wheat needs to be grown by the government.

Why should people not be allowed to own their own solar panels?


ProudKangaroo wrote on May 23rd, 2024 at 11:31am:

freediver wrote on May 23rd, 2024 at 10:10am:
I am not going to tell you what to say SK. It's not my fault you wrote all those long winded explanations of something you don't understand.

It is not semantics. It is economics. People can starve if you get it wrong badly enough.


I always thought more of you, I don't know why clearly.

Bath faith actor in sheeps clothing.


Have you ever studied microeconomics?

Title: Re: privatisation
Post by thegreatdivide on May 23rd, 2024 at 12:47pm

freediver wrote on May 23rd, 2024 at 12:24pm:
Whether it is a commodity is also irrelevant. By that argument you could say that wheat needs to be grown by the government.


Ok, but commodities differ: maybe not wheat, but certainly not grapes, or fish, or canola, or lettuces or pumpkin or grapefruit or kiwi fruit ...or whatever food derived from those products YOU prefer to eat; ie YOU only choose between  a fraction of the  varieties of food made available to the market.

Better if the government doesn't try to choose which food you prefer...BUT, it's better if the government provides the electricity you need, to avoid market failure associated with monopolistic profit seekers in the production and wholesale/retail markets.   


Quote:
Why should people not be allowed to own their own solar panels?


er ...nobody except you is saying that.

It's the connection with the privately owned grid and elecricity producers/marketers which is creating the present madness of charging people for the electricity they produce on their own roofs.

Keeping trying, you'll eventually run out of absurd questions...

Title: Re: privatisation
Post by freediver on May 23rd, 2024 at 12:58pm
So people should be allowed to have their own solar panels, but not to supply electricity to the grid?

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 23rd, 2024 at 9:47pm
They already get their cut from the grid use from EVERYONE including solar panel owners.

They can stick it up their class.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 23rd, 2024 at 9:50pm

freediver wrote on May 23rd, 2024 at 12:58pm:
So people should be allowed to have their own solar panels, but not to supply electricity to the grid?



Happy to - Albo should supply the batteries and the connections to relieve the poor suffering grid from our terrible abuse of it... and we'll go it alone - cut the wires.... sort of like a voluntary redundancy package.  I'll have two of those big new Teslas thanks... that should ease the burden on the poles and wires from our dreadful input....

Never heard such stupidity and self-interest in my life.

Title: Re: privatisation
Post by SadKangaroo on May 24th, 2024 at 10:41am

freediver wrote on May 23rd, 2024 at 12:58pm:
So people should be allowed to have their own solar panels, but not to supply electricity to the grid?


So you're not talking about the government selling public assets to private businesses to run and continue providing the service to the public?

You've decided to redefine "privatisation" for your own ends?


Quote:
privatisation
noun
the transfer of a business, industry, or service from public to private ownership and control.
"the workers are opposing the privatization of the national rail company"


It was at least the topic when you started the thread,


freediver wrote on Apr 10th, 2022 at 4:39pm:

Quote:
It's called 'privatisation', the selling off of state assets to stave off bankruptcy caused by the bank-created debt.


That's not why they do it.


But given your deceptive tactics so far, I'm sure you'll try to distract from the actual point and shoehorn the idea of individuals collecting rain water or generating their own solar power, even feeding it back into the grid, is the same as the traditional definition of privatisation.

Title: Re: privatisation
Post by SadKangaroo on May 24th, 2024 at 10:44am

Grappler Truth Teller wrote on May 23rd, 2024 at 9:50pm:
Never heard such stupidity and self-interest in my life.


You're both getting outraged over something only the two of you are talking about...

Oppression Olympics all over again.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 6:26am

ProudKangaroo wrote on May 24th, 2024 at 10:44am:

Grappler Truth Teller wrote on May 23rd, 2024 at 9:50pm:
Never heard such stupidity and self-interest in my life.


You're both getting outraged over something only the two of you are talking about...

Oppression Olympics all over again.


You're getting more desperate.  Try sticking with saying that the states are not carrying on the forbidden voice by stealth... you've got more  chance of persuading the gullible to your way of thinking.....

The coming round of state elections will be interesting... jeez - in NSW the Labor mob are not chasing people who are climbing the 'closed off for cultural reasons' Mt Warning... they're running scared....

I prefer the Two State solution myself - Ausrael and Abestine... going their own separated ways..... that'll be interesting... one thing we cannot have though is between 1-2% of the population - the adult Aborigines - running through the arteries of the nation like rogue leukemic cells demanding and ruining things for everyone else due to some silly old and worn-out idea that they somehow owned the whole place just because of their ancestors walking over it and genociding other tribal groups.  At some point they need to move into the modern world and stop behaving like spoilt children and thinking like primitives.

By that standard I own half the world....  ;D  ;D  ;D  ;D  ;D

Title: Re: privatisation
Post by SadKangaroo on May 25th, 2024 at 7:53am

Grappler Truth Teller wrote on May 25th, 2024 at 6:26am:

ProudKangaroo wrote on May 24th, 2024 at 10:44am:

Grappler Truth Teller wrote on May 23rd, 2024 at 9:50pm:
Never heard such stupidity and self-interest in my life.


You're both getting outraged over something only the two of you are talking about...

Oppression Olympics all over again.


You're getting more desperate.  Try sticking with saying that the states are not carrying on the forbidden voice by stealth... you've got more  chance of persuading the gullible to your way of thinking.....

The coming round of state elections will be interesting... jeez - in NSW the Labor mob are not chasing people who are climbing the 'closed off for cultural reasons' Mt Warning... they're running scared....

I prefer the Two State solution myself - Ausrael and Abestine... going their own separated ways..... that'll be interesting... one thing we cannot have though is between 1-2% of the population - the adult Aborigines - running through the arteries of the nation like rogue leukemic cells demanding and ruining things for everyone else due to some silly old and worn-out idea that they somehow owned the whole place just because of their ancestors walking over it and genociding other tribal groups.  At some point they need to move into the modern world and stop behaving like spoilt children and thinking like primitives.

By that standard I own half the world....  ;D  ;D  ;D  ;D  ;D


You realise me stating that it was the Oppression Olympics all over again was not an invitation for you to try to interject and cry oppression over the voice in an entirely off-topic thread?

Like my point needed proving any harder...

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 8:23am
The only Oppression Olympics in reality are your sallow mates... but you have done us all a service by indicating that there is such a thing as an Oppression Ideology on their part.

One day you'll get it right, but while ever you remain racist you never will.

Title: Re: privatisation
Post by SadKangaroo on May 25th, 2024 at 8:27am

Grappler Truth Teller wrote on May 25th, 2024 at 8:23am:
The only Oppression Olympics in reality are your sallow mates... but you have done us all a service by indicating that there is such a thing as an Oppression Ideology on their part.

One day you'll get it right, but while ever you remain racist you never will.


Your actions speak louder than words friend...

You keep perpetuation subjects, twisting and even manufacturing them, all to paint yourself as the victim so you can complain about them as if to give meaning to your vapid lonely existence.

If you weren't championing such horrid takes, it would almost have earned you some compassion and pitty.

But since you're a vile piece of poo most people just look from afar, don't engage and marvel at how pathetic you are.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 8:48am
Friend - I only speak the truth.  You don't have to read it... let alone get your nightie in a knot over it.

What part of my stance on privatisation do you not agree with?  It would help you to not be so confused over your issues and just stick to one... just face it - you're not as good as I am....

Title: Re: privatisation
Post by SadKangaroo on May 25th, 2024 at 10:18am

Grappler Truth Teller wrote on May 25th, 2024 at 8:48am:
Friend - I only speak the truth.  You don't have to read it... let alone get your nightie in a knot over it.

What part of my stance on privatisation do you not agree with?  It would help you to not be so confused over your issues and just stick to one... just face it - you're not as good as I am....


I'll have to go back and re-read what you wrote given your inability to stay on topic without bringing up the voice distraction.  Maybe later :)


Title: Re: privatisation
Post by thegreatdivide on May 25th, 2024 at 11:29am

freediver wrote on May 23rd, 2024 at 12:24pm:

thegreatdivide wrote on May 23rd, 2024 at 11:38am:

freediver wrote on May 22nd, 2024 at 5:24pm:
I did read the post.


So you now accept the difference between systems (private versus public) needed for production and marketing of food compared with  electricty (both essential) - ie electricity is the same for all consumers, and requires only a small number of producers,  whereas each consumer has different tastes in food (lettuce versus cucumbers versus  various wheat products)  requiring lots of  different small producers to cater for each taste in the market.

The case for nationalization of the electricity market is overwhelming. Even Sir Thonmas Playford recognised that when he bought the Adelaide Electricity Company in the postwar Keynesian 'welfare state' era (before the disastrous Thatcherite 'small government' low tax/  privatization ideology ravaged community wellbeing, leading to the current homelessness and cost of living crisis.   


Whether it is a commodity is also irrelevant. By that argument you could say that wheat needs to be grown by the government.

Why should people not be allowed to own their own solar panels?


ProudKangaroo wrote on May 23rd, 2024 at 11:31am:

freediver wrote on May 23rd, 2024 at 10:10am:
I am not going to tell you what to say SK. It's not my fault you wrote all those long winded explanations of something you don't understand.

It is not semantics. It is economics. People can starve if you get it wrong badly enough.


I always thought more of you, I don't know why clearly.

Bath faith actor in sheeps clothing.


Have you ever studied microeconomics?


More to the point, have you ever studied macro-economics?

Title: Re: privatisation
Post by thegreatdivide on May 25th, 2024 at 11:33am

Grappler Truth Teller wrote on May 25th, 2024 at 8:48am:
Friend - I only speak the truth.  You don't have to read it... let alone get your nightie in a knot over it.

What part of my stance on privatisation do you not agree with?  It would help you to not be so confused over your issues and just stick to one... just face it - you're not as good as I am....


It would help everyone  if you plainly rejected FD's sophistry and fraud, as I think you attempted to do in #487.

   

Title: Re: privatisation
Post by thegreatdivide on May 25th, 2024 at 12:04pm

freediver wrote on May 23rd, 2024 at 12:58pm:
So people should be allowed to have their own solar panels, but not to supply electricity to the grid?


Ahha - you havent run out of absurd questions yet...fascinating.   

eg, after asking "Why should people not be allowed to own their own solar panels? "  -  which I pointed out no-one is denying, your next absurd question is: 

"Why should people not be allowed to supply energy to the grid",


again no one is saying this; the present problem is profit- seeking private companies trying to operate an inadequate grid which can't cope with all the solar elecricity generated midday.

The government should nationalize the whole electricity industry and upgrade the grid away from fossil fuels ASAP, to be able to store all that excess midday energy, without private companies wanting to make a profit and forcing rooftop PV owners to pay for their own free electicity.

Note: graps is talking about going off grid, but not everyone will be able to do that. 




Title: Re: privatisation
Post by SadKangaroo on May 25th, 2024 at 12:55pm
Can we just agree on what we all mean by privatisation?

All this talk of going off-grid or having one's own solar panels, while valid topics, it's not "privatisation" in the sense of this thread, right?

Title: Re: privatisation
Post by Jovial Monk on May 25th, 2024 at 1:17pm

ProudKangaroo wrote on May 25th, 2024 at 12:55pm:
Can we just agree on what we all mean by privatisation?

All this talk of going off-grid or having one's own solar panels, while valid topics, it's not "privatisation" in the sense of this thread, right?


Nice to see an optimist.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 2:18pm
Well - Albo's planning to subsidise installation of batteries to existing panel set... state elections coming up and Labor ... if we apply enough pressure he might go even further and offer a cut price on batteries..

I've found nobody wants to attach a battery to your system for you - they all want to install the system and the battery as well and charge you top dollar.... attach one to your existing system?  Hang up .... don't reply to emails...

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 2:23pm

thegreatdivide wrote on May 25th, 2024 at 11:33am:

Grappler Truth Teller wrote on May 25th, 2024 at 8:48am:
Friend - I only speak the truth.  You don't have to read it... let alone get your nightie in a knot over it.

What part of my stance on privatisation do you not agree with?  It would help you to not be so confused over your issues and just stick to one... just face it - you're not as good as I am....


It would help everyone  if you plainly rejected FD's sophistry and fraud, as I think you attempted to do in #487.

   


I'm just a humble purveyor of truths and realities.... so many people hate that...  look how riled up some get when I post every bit of Voice by stealth lawfare I can find - just the links mostly with no comment - and yet they hit the roof... triggered, you see ...

See that WA one?  I've got all other states to go... some lists of links are much longer and some of the links I kept have gone missing.... funny that.  It seems I need to add a little commentary... very hard to write the definitive book when someone chops links and they don't add accurate dates.

Oh - here's one for the NT for that list.... must put the date down now.

Title: Re: privatisation
Post by John Smith on May 25th, 2024 at 2:50pm

ProudKangaroo wrote on May 25th, 2024 at 8:27am:
You keep perpetuation subjects, twisting and even manufacturing them, all to paint yourself as the victim so you can complain about them as if to give meaning to your vapid lonely existence.



I've been saying for years now that crappler is the eternal victim. No matter the subject matter or topic.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 3:01pm
Poor old smithy and kanga..... supporters of every victim industry in Australia and desperately try to move the goal posts... it's not working, head kicker...

I love it when people try on the old reverse psychology trick - gives me a good laugh as well as an insight into their limited mentality and intellect.

You pair get triggered when I even post a link without discussion - you know why?  You can see the danger as well as I can from these moves - AND you see the clear danger that revealing them is to your ideology.

BTW - the people don't agree with you on any single thing....... 61-39 ... even the Aborigines reject the idea of some white man's idea of representation for them..... they know, you see... at 76 out of 81 the know ... and at the same time are limited in their horizons....   8-)

Title: Re: privatisation
Post by SadKangaroo on May 25th, 2024 at 9:41pm

Grappler Truth Teller wrote on May 25th, 2024 at 3:01pm:
Poor old smithy and kanga..... supporters of every victim industry in Australia and desperately try to move the goal posts... it's not working, head kicker...

I love it when people try on the old reverse psychology trick - gives me a good laugh as well as an insight into their limited mentality and intellect.


You came in here and without prompting, starting talking about the voice.

It's not reverse psychology, it's calling you out for your actions...


Quote:
You pair get triggered when I even post a link without discussion - you know why?  You can see the danger as well as I can from these moves - AND you see the clear danger that revealing them is to your ideology.

BTW - the people don't agree with you on any single thing....... 61-39 ... even the Aborigines reject the idea of some white man's idea of representation for them..... they know, you see... at 76 out of 81 the know ... and at the same time are limited in their horizons....   8-)


You're at it again...

You've debunked the claims you're making in the very same post you made them.

That's got to be some kind of stupidity record...  Even for this place.

You keep trying these mind games then acting as if you're some sort of intellectual heavyweight.

You just don't get it, do you?

You're simply not that smart.  You don't have it in you.

That's ok, it's nothing to be ashamed of, especially if you're willing to work at improving yourself.

Sadly, time and time again, you choose a different path, one where you seem to want to not only convince us but also yourself, that you're not outclassed over and over.

And you'll do it again I'm sure.  Know your lane son.

Either way, to try and get back on topic,


ProudKangaroo wrote on May 25th, 2024 at 12:55pm:
Can we just agree on what we all mean by privatisation?

All this talk of going off-grid or having one's own solar panels, while valid topics, it's not "privatisation" in the sense of this thread, right?


Well?

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 10:14pm

ProudKangaroo wrote on May 25th, 2024 at 9:41pm:

Grappler Truth Teller wrote on May 25th, 2024 at 3:01pm:
Poor old smithy and kanga..... supporters of every victim industry in Australia and desperately try to move the goal posts... it's not working, head kicker...

I love it when people try on the old reverse psychology trick - gives me a good laugh as well as an insight into their limited mentality and intellect.


You came in here and without prompting, starting talking about the voice.

It's not reverse psychology, it's calling you out for your actions...


Quote:
You pair get triggered when I even post a link without discussion - you know why?  You can see the danger as well as I can from these moves - AND you see the clear danger that revealing them is to your ideology.

BTW - the people don't agree with you on any single thing....... 61-39 ... even the Aborigines reject the idea of some white man's idea of representation for them..... they know, you see... at 76 out of 81 the know ... and at the same time are limited in their horizons....   8-)


You're at it again...

You've debunked the claims you're making in the very same post you made them.

That's got to be some kind of stupidity record...  Even for this place.

You keep trying these mind games then acting as if you're some sort of intellectual heavyweight.

You just don't get it, do you?

You're simply not that smart.  You don't have it in you.

That's ok, it's nothing to be ashamed of, especially if you're willing to work at improving yourself.

Sadly, time and time again, you choose a different path, one where you seem to want to not only convince us but also yourself, that you're not outclassed over and over.

And you'll do it again I'm sure.  Know your lane son.

Either way, to try and get back on topic,


ProudKangaroo wrote on May 25th, 2024 at 12:55pm:
Can we just agree on what we all mean by privatisation?

All this talk of going off-grid or having one's own solar panels, while valid topics, it's not "privatisation" in the sense of this thread, right?


Well?


did-ums ......

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 10:18pm
Heat's too hot - get out of the kitchen...............

I prefer the Two State Solution myself - works for everyone.... I suppose you missed the 'privatisation' involved in 'contracted senior management' that decides on such things, unelected as they are, and behind the backs of the voting public to whom they are not responsible.

Beyond you ....

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 25th, 2024 at 11:01pm
Actually - let's make that a Three State Solution - one for the ordinary people of Australia to go their merry way; one for the Aborigines who don't want to be part of Australia and assimilate;  one for the politicians and public servants who make the decisions, where they can live on median income and actually live with their own decisions fully before foisting them on the public.

Ausrael, Abestine and Politica.

Abestine will be initially populated by those of Aboriginal bent who say they do not wish to live the Wharte Man's way and they prefer to 'do things their way', and the miscreants who can play merry hell there all they like and be left to the tender mercies of the 'elders' etc.  Those who do not wish to go there accept mainstreaming and will be assisted to a better life and education and so forth so as to give them an equal chance to succeed.

Politica speaks for itself... let's see their fancy policies when they have to live with them first hand... same for rogue business people who choose not to obey the rules of civilised behaviour... corporate thieves and so forth, though some may end up in Gon'Mo below.....

True badasses of other kinds will, of course, be housed in Gondwanamo Bay (Gon'Mo), and since this is a small enclave in Abestine, guards can be drawn from the Abestinians who will receive pay for their work.  Escapees will not be a problem due to crocodiles, snakes and spear hunters on all sides...

I'm serious...... this is a win-win-win for everyone.....  8-)

Title: Re: privatisation
Post by thegreatdivide on May 26th, 2024 at 12:30pm
From the Guardian:

The era of small government is ending. And Australians want to regain power ceded to the amoral forces of global capital

Peter Lewis

Australian voters’ expectation of intervention does not begin and end with renewable energy

Buried beneath Jim Chalmers’ budget surplus and inflation tightrope is the hint of something more substantial; a bigger idea of government where tighter limits are imposed on the excesses of the free market.

After four decades of calculated abandonment, citizens are turning to government to intervene more forcefully in their market economies and take back some of the power that has been wilfully ceded to the amoral forces of global capital.

Whether they bang the drum like Donald Trump and his tinpot impersonators or embrace the more nuanced euro-beats of the Scandinavians, there is recognition that the era of small government is coming to an end.

Since the 2020 global pandemic, government has taken a heightened role in people’s lives and, on most policy challenges from cost-of-living “relief” to energy transition to housing affordability to the impact of social media and AI, people want government to step up.

The latest Guardian Essential report reinforces this simmering desire for active leadership, with half of all respondents wanting more active government intervention and just a handful saying they want less.


The only thing keeping the thirst for greater intervention below 50% is ALP voters who are more likely to say they are happy with the current levels of government action. But among all other voters the desire for more muscular leadership is stark.


These numbers are particularly striking given the low levels of trust in government that we repeatedly pick up in our polling. On reflection, I think the cause of a lot of this distrust is that the learned helplessness of the last 40 years has invited public disdain.

Since the end of the cold war, government has departed the field, privatising essential services, removing support for local workers and industries, wilfully ceding control of national wellbeing to large global corporations and ignoring stagnant living standards while celebrating aggregate growth.

Today, people rate corporate greed ahead of government spending or global instability as the main driver of the current cost-of-living pressures that are plaguing the nation. They welcome the budget measures announced last week but are sceptical they will have any real impact on their own financial situation in the face of corporate excess.

Chalmers is regularly measured against his mentor Paul Keating’s credentials for economic reform but it is worth recognising the nature of that reform, and that the problems it addressed were fundamentally different to the challenges facing policymakers today.

Working with Bob Hawke, Keating opened up our then-sclerotic economy, shepherded globalisation to Australia, floating the dollar, removing industry protection, privatising major utilities and deregulating the labour market.


To their credit they established Medicare and superannuation as part of that settlement, leaving Australians in far better shape than the US under Ronald Reagan or the UK under Margaret Thatcher but it still represented a submission to global capital on behalf of the nation state.

Chalmers’ challenge has an inverse focus. In its Future Made in Australia policy, Labor asserts itself an active architect of the energy transition, picking winners in new green technologies and building local supply chains even where cheaper product might exist offshore.

The opposition leader, Peter Dutton, dismisses this as “billions of dollars for billionaires” but, in doing so, he is also conceding the change in era where government has to more forcefully limit the power of capital. While he has been whacking corporate Australia for their commitments to diversity and inclusion, he continues to fight hard for their rights to operate free of industrial constraint.

The broader truth for both parties of government is that the expectation of intervention does not begin and end with renewable energy. At a time when the majority recognise rising economic inequality, voters from both the left and right flanks are looking for more active social interventions.

The budget had justified focus on helping those at the margins, with the reworked tax cuts, energy rebates, increased commonwealth rent assistance, increased funding for the National Disability Insurance Scheme and an overdue review of job services.

But absent is the proposition that government should also be placing limits on the extremities of wealth accumulation with a separate set of questions showing majority support for capping the accumulation of property and taxing extreme wealth.


Note the stronger support among Greens, independents and minor parties for these types of interventions. Hiding in plain sight we might be witnessing a shift from libertarianism to what Belgian philosopher Ingrid Robeyns has coined “limitarianism”.



Title: Re: privatisation
Post by thegreatdivide on May 26th, 2024 at 12:42pm

John Smith wrote on May 25th, 2024 at 2:50pm:

ProudKangaroo wrote on May 25th, 2024 at 8:27am:
You keep perpetuation subjects, twisting and even manufacturing them, all to paint yourself as the victim so you can complain about them as if to give meaning to your vapid lonely existence.



I've been saying for years now that crappler is the eternal victim. No matter the subject matter or topic.


Graps hates the 'gummit', believing individuals are nice and cooperative,  and only need to free themselves from  the evil oppressive forces of government.

He forgerts the powerful individuals (bankers controlling international capital, and media owners) who determine what policies governments are able to present to the people.   

Title: Re: privatisation
Post by thegreatdivide on May 26th, 2024 at 12:45pm

ProudKangaroo wrote on May 25th, 2024 at 9:41pm:

Grappler Truth Teller wrote on May 25th, 2024 at 3:01pm:
Poor old smithy and kanga..... supporters of every victim industry in Australia and desperately try to move the goal posts... it's not working, head kicker...

I love it when people try on the old reverse psychology trick - gives me a good laugh as well as an insight into their limited mentality and intellect.


You came in here and without prompting, starting talking about the voice.

It's not reverse psychology, it's calling you out for your actions...


Quote:
You pair get triggered when I even post a link without discussion - you know why?  You can see the danger as well as I can from these moves - AND you see the clear danger that revealing them is to your ideology.

BTW - the people don't agree with you on any single thing....... 61-39 ... even the Aborigines reject the idea of some white man's idea of representation for them..... they know, you see... at 76 out of 81 the know ... and at the same time are limited in their horizons....   8-)


You're at it again...

You've debunked the claims you're making in the very same post you made them.

That's got to be some kind of stupidity record...  Even for this place.

You keep trying these mind games then acting as if you're some sort of intellectual heavyweight.

You just don't get it, do you?

You're simply not that smart.  You don't have it in you.

That's ok, it's nothing to be ashamed of, especially if you're willing to work at improving yourself.

Sadly, time and time again, you choose a different path, one where you seem to want to not only convince us but also yourself, that you're not outclassed over and over.

And you'll do it again I'm sure.  Know your lane son.

Either way, to try and get back on topic,


ProudKangaroo wrote on May 25th, 2024 at 12:55pm:
Can we just agree on what we all mean by privatisation?

All this talk of going off-grid or having one's own solar panels, while valid topics, it's not "privatisation" in the sense of this thread, right?


Well?


Title: Re: privatisation
Post by thegreatdivide on May 26th, 2024 at 12:53pm
So...has FD run out of more absurd questions, now that I  pointed out people who are rich enough and have roofs on which the sun shines,  CAN buy rooftop PVs and sell the free electricity to the the grid - but the problem is the obsolete, not fit for purpose, privatized grid which can't cope with the free electricity.   

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 26th, 2024 at 4:13pm
I want my free batteries... keep the pressure up on Albo and he'll firstly subsidise the direct cost of batteries and then offer a pay as you go scheme.... he needs to do something to save the Labor states with their mad treaties with Abos...... behind the people's backs.... maybe he could declare war on someone or something....

Better to give the states the idea that IF re-elected Labor will pay for the batteries and installation through state agency (they've already got enough public servants lying around - all they need is an enforcement arm to make sure there is no rorting) and will accept payment without interest back over time.... push while you've got the bastards on the ropes... never take you knee off their throat - they won't take theirs off yours...

Imagine the hell to follow if you re-elect Labor at state level and off they go on their mad chases again....

The Three State Solution is the best option.... one for Ausraelis, one for Abestinians, and one for politicians and their tame 'public servants' who meddle in everything without let or liability or even reference to the people most of the time.  Let the Abestinians live their way - Rocky's 'fourth world standards' - and let the politicos try their ideas out on themselves on a remote island for a few months.... on tiny pay at dole level.... leave the rest of us to prosper and get along without their Madness.
kurtz_1_001.jpg (62 KB | 7 )

Title: Re: privatisation
Post by thegreatdivide on May 26th, 2024 at 5:05pm

Grappler Truth Teller wrote on May 26th, 2024 at 4:13pm:
I want my free batteries...


This is the crux of the issue in an economy which intends to transition to zero emissions;  zero waste of electricity from rooftop solar needs to be part of the mix. 

Government can actually own the rooftop PVs and batteries for all suitable housing in a nationalized energy system, to ensure access to zero emissions electricity for all consumers regardless of individual wealth.   



Title: Re: privatisation
Post by SadKangaroo on May 26th, 2024 at 7:04pm

thegreatdivide wrote on May 26th, 2024 at 5:05pm:

Grappler Truth Teller wrote on May 26th, 2024 at 4:13pm:
I want my free batteries...


This is the crux of the issue in an economy which intends to transition to zero emissions;  zero waste of electricity from rooftop solar needs to be part of the mix. 

Government can actually own the rooftop PVs and batteries for all suitable housing in a nationalized energy system, to ensure access to zero emissions electricity for all consumers regardless of individual wealth.   


That move to government ownership would make the topic close to on topic if that was the case.

It's an intriguing idea.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 26th, 2024 at 11:03pm

thegreatdivide wrote on May 26th, 2024 at 5:05pm:

Grappler Truth Teller wrote on May 26th, 2024 at 4:13pm:
I want my free batteries...


This is the crux of the issue in an economy which intends to transition to zero emissions;  zero waste of electricity from rooftop solar needs to be part of the mix. 

Government can actually own the rooftop PVs and batteries for all suitable housing in a nationalized energy system, to ensure access to zero emissions electricity for all consumers regardless of individual wealth.   


Yes - they could - if they were serious.  I tried to get that idea across to Peter Garrett when he was in the government.... put 'em up - all reap the benefit... all new housing to include solar and water tanks.

If I move I'll have to buy decent water - nobody sane would drink town water from anywhere.  Look what it does to the brains of the city slickers here...  oong-gooogle--goo-doo ... walking through their minds here is like walking on a downhill footpath covered in decaying brain matter... and is slippery as hell....

I want to go bush again.... these here city walls are crowding me in ..... got my water tanks but still...

Title: Re: privatisation
Post by freediver on May 27th, 2024 at 8:25am

ProudKangaroo wrote on May 24th, 2024 at 10:41am:
So you're not talking about the government selling public assets to private businesses to run and continue providing the service to the public?

You've decided to redefine "privatisation" for your own ends?


I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


Quote:
It was at least the topic when you started the thread,


No-one other than the CCP wants to start nationalising industries.


thegreatdivide wrote on May 25th, 2024 at 12:04pm:
your next absurd question is "Why should people not be allowed to supply energy to the grid", again no one is saying this


Yes you are. In the very same post:


Quote:
The government should nationalize the whole electricity industry


Is this another one of your tricks where you mean something other than nationalize the whole electricity industry? Or do you not know what you mean?

Title: Re: privatisation
Post by thegreatdivide on May 27th, 2024 at 12:45pm

freediver wrote on May 27th, 2024 at 8:25am:

ProudKangaroo wrote on May 24th, 2024 at 10:41am:
So you're not talking about the government selling public assets to private businesses to run and continue providing the service to the public?

You've decided to redefine "privatisation" for your own ends?


I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


We know you think privatization of electricity was  a good idea, despite the fact almost everyone else now  recognizes it was a mistake. So much for "history".


Quote:
No-one other than the CCP wants to start nationalising industries.


Ignorant nonsense; I'm the one urging the CCP to nationalize Evergrande and rebuild the nation's  public housing stock; and to ditch China's  carbon market (tax on carbon emissions) by nationalizing the coal industry and shutting it down ASAP.   Whether the CCP has got the memo yet remains to be seen.


Quote:
Yes you are. In the very same post:

The government should nationalize the whole electricity industry


And it should, but it hasn't - which is why private retailers are charging rooftop PV owners to receive the free rooftop PV excess electricity into the grid. Have you suffered a catastrophic loss of IQ?


Quote:
Is this another one of your tricks where you mean something other than nationalize the whole electricity industry? Or do you not know what you mean?


No, it's shows you have suffered a catastrophic loss of IQ, as noted above.

Free free to own your rooftop PVs, but many don't have access or can't afford rooftop PVs (plus battery, so they can use the electricity when they need it). 

Title: Re: privatisation
Post by freediver on May 27th, 2024 at 1:30pm
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?

Title: Re: privatisation
Post by SadKangaroo on May 27th, 2024 at 6:50pm

freediver wrote on May 27th, 2024 at 8:25am:
I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


Is it a bad thing to use what has historically happened with privatisation, both positive and negative, to form my opinion on the subject?  Should I not base it on facts?

Instead, I should what, use my gut?

Or form an opinion devoid of reality and then go looking for evidence to support it?

The bugger mate?

But let me try again, through the goalposts you've decided to set.

In most cases when an asset is publically owned, it's because a service needed to be provided, but it was not profitable or too risky for private investment to set up the means to provide said service, so they didn't.  After all, when profit is the motive, if it's not a sure thing they'll be unlikely to raise enough capital needed to build it.

The free market chose not to participate.

Things like a national electricity grid/generation, gas, water, sewage, emergency services, telecommunications network, etc.

The private sector was not willing to take the risk of creating these various infrastructures so the Government has to step in, funded by our tax dollars and we in return enjoy clean water, electricity etc.

We still have to pay for it, but we get the privilege of having those services that our tax dollars went into creating.

When these are publically owned, the aim to provide the given service to the population as they are necessities.

When you privatise these, their business model is no longer focused on service delivery but on profit.

This is just how private business works.  It's not a good thing, not a bad thing, it just is.

To maximise profit, they must deliver the bare minimum services, for the cheapest cost, while charging the highest amount possible.

This runs the risk of the taxpayers, you (I assume) and I, paying more for less.

If the business isn't able to achieve their profit targets, they'll either have to raise prices more, which if they are the only entity that provides the service we have no option to "vote with our feet" and have to wear it because the service is essential.

If there is no choice but to use this provider, it's not a free market.

If they can't cut costs by delivering a lesser quality service, cut staffing/support/maintenance enough to be profitable, as an essential service, the Government has to step back in to bail them out, because they can't fail.

This is less of a risk, the shift to a profit motive over service delivery, if there are proper regulations in place, to ensure adequate minimum service delivery standards and protections against monopolistic behaviour.

So I'm not against privatisation in general.  There are some benefits to efficiency etc, but it does need to be implemented properly with the Australian people in mind since what is being sold is technically theirs. 

The problem is, historically (careful, don't get triggered), the regulation has been lacking which has left us, the taxpayers, with the bill of fixing the mess went things go wrong.

Did you follow along this time?

Title: Re: privatisation
Post by Frank on May 27th, 2024 at 7:46pm

ProudKangaroo wrote on May 27th, 2024 at 6:50pm:

freediver wrote on May 27th, 2024 at 8:25am:
I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


Is it a bad thing to use what has historically happened with privatisation, both positive and negative, to form my opinion on the subject?  Should I not base it on facts?

Instead, I should what, use my gut?

Or form an opinion devoid of reality and then go looking for evidence to support it?

The bugger mate?

But let me try again, through the goalposts you've decided to set.

In most cases when an asset is publically owned, it's because a service needed to be provided, but it was not profitable or too risky for private investment to set up the means to provide said service, so they didn't.  After all, when profit is the motive, if it's not a sure thing they'll be unlikely to raise enough capital needed to build it.

The free market chose not to participate.

Things like a national electricity grid/generation, gas, water, sewage, emergency services, telecommunications network, etc.

The private sector was not willing to take the risk of creating these various infrastructures so the Government has to step in, funded by our tax dollars and we in return enjoy clean water, electricity etc.

We still have to pay for it, but we get the privilege of having those services that our tax dollars went into creating.

When these are publically owned, the aim to provide the given service to the population as they are necessities.

When you privatise these, their business model is no longer focused on service delivery but on profit.

This is just how private business works.  It's not a good thing, not a bad thing, it just is.

To maximise profit, they must deliver the bare minimum services, for the cheapest cost, while charging the highest amount possible.

This runs the risk of the taxpayers, you (I assume) and I, paying more for less.

If the business isn't able to achieve their profit targets, they'll either have to raise prices more, which if they are the only entity that provides the service we have no option to "vote with our feet" and have to wear it because the service is essential.

If there is no choice but to use this provider, it's not a free market.

If they can't cut costs by delivering a lesser quality service, cut staffing/support/maintenance enough to be profitable, as an essential service, the Government has to step back in to bail them out, because they can't fail.

This is less of a risk, the shift to a profit motive over service delivery, if there are proper regulations in place, to ensure adequate minimum service delivery standards and protections against monopolistic behaviour.

So I'm not against privatisation in general.  There are some benefits to efficiency etc, but it does need to be implemented properly with the Australian people in mind since what is being sold is technically theirs. 

The problem is, historically (careful, don't get triggered), the regulation has been lacking which has left us, the taxpayers, with the bill of fixing the mess went things go wrong.

Did you follow along this time?

Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.



Title: Re: privatisation
Post by freediver on May 27th, 2024 at 8:53pm

ProudKangaroo wrote on May 27th, 2024 at 6:50pm:

freediver wrote on May 27th, 2024 at 8:25am:
I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


Is it a bad thing to use what has historically happened with privatisation, both positive and negative, to form my opinion on the subject? 


You are confusing the issue. Try reading what I posted again, and responding to what I actually said. All economic evidence is based on what has happened in the past. That is seeking knowledge in the past. But basing whether you support private ownership on whether it was historically publicly owned is not seeking knowledge, it is seeking ignorance. It is how you decide something when you are completely rudderless because you do not understand what you are talking about.

Title: Re: privatisation
Post by SadKangaroo on May 27th, 2024 at 9:04pm

freediver wrote on May 27th, 2024 at 8:53pm:

ProudKangaroo wrote on May 27th, 2024 at 6:50pm:

freediver wrote on May 27th, 2024 at 8:25am:
I don't think that whether an asset should be public or private should depend on the history. You apparently do, but you cannot explain. Perhaps you do not know whether that is what you think.


Is it a bad thing to use what has historically happened with privatisation, both positive and negative, to form my opinion on the subject? 


You are confusing the issue. Try reading what I posted again, and responding to what I actually said. All economic evidence is based on what has happened in the past. That is seeking knowledge in the past. But basing whether you support private ownership on whether it was historically publicly owned is not seeking knowledge, it is seeking ignorance. It is how you decide something when you are completely rudderless because you do not understand what you are talking about.


So a publicly owned asset doesn't shift its focus from service to profit once privatised?

So it doesn't start to deliver the bare minimum service, with minimum maintenance standards, only cherry-picking profitable areas for expansion unless otherwise forced by regulation, for the lowest cost at the highest price possible?

These are some of my concerns for established public built and owned assets being sold off to private interests, usually at a time when all the construction costs and risk have been worn by the taxpayer and they're at the point where they're starting to be profitable.

It makes sense for the government to see a return on the investment while still ensuring the service is delivered.

Because after all, why else would the private sector be interested?

Title: Re: privatisation
Post by freediver on May 27th, 2024 at 9:05pm

Quote:
So a publicly owned asset doesn't shift its focus from service to profit once privatised?


When I previously asked you whether it was the change that upset you, or whether you see fundamental reasons why an industry should be run privately or publicly, you got rather upset and refused to answer the question.

Would you like to have another go now?

Title: Re: privatisation
Post by SadKangaroo on May 27th, 2024 at 9:06pm

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.

The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


If you leave it to the private sector then you end up with better services in profitable areas, like the big cities, and poor or no service options in regional or rural areas.

This is where your oafish, hamfisted & idealogical-driven stance falls to pieces.

The real work is more nuanced than what you're told on Sky News.



Title: Re: privatisation
Post by SadKangaroo on May 27th, 2024 at 9:08pm

freediver wrote on May 27th, 2024 at 9:05pm:

Quote:
So a publicly owned asset doesn't shift its focus from service to profit once privatised?


When I previously asked you whether it was the change that upset you, or whether you see fundamental reasons why an industry should be run privately or publicly, you got rather upset and refused to answer the question.

Would you like to have another go now?


It depends on the industry, I don't think anyone can responsibly make a blanket statement about every possibility.

But I have nothing wrong with private ownership, especially if it was never once publicly owned.

But that's not "privatisation".

That's just the free market.

They're not the same thing.

Even the free market needs regulation.

I'm not a fan of the commodification of the people.

Title: Re: privatisation
Post by freediver on May 27th, 2024 at 9:10pm

Quote:
It depends on the industry


Are you saying it does not depend on the history? Or whether it depends on the history depends on the industry?

Title: Re: privatisation
Post by SadKangaroo on May 27th, 2024 at 9:42pm

freediver wrote on May 27th, 2024 at 9:10pm:

Quote:
It depends on the industry


Are you saying it does not depend on the history? Or whether it depends on the history depends on the industry?



ProudKangaroo wrote on May 27th, 2024 at 9:08pm:

freediver wrote on May 27th, 2024 at 9:05pm:
whether you see fundamental reasons why an industry should be run privately or publicly


It depends on the industry, I don't think anyone can responsibly make a blanket statement about every possibility.

But I have nothing wrong with private ownership, especially if it was never once publicly owned.

But that's not "privatisation".


To further clarify, if the industry provides an essential service, it usually requires the Government to step in, otherwise it turns into a patchwork mess of cherry-picked areas, especially with such a geographically unique landscape we have in Australia.

If the private sector can do it, with or without strong regulation, then great.

They have thus far, proven this to be an impossibility country or even statewide.

Nobody wants to, unless forced, subsidise the regional and rural areas with profits from the more densely populated areas.

Title: Re: privatisation
Post by freediver on May 28th, 2024 at 7:45am
So it depends on the history. But also it doesn't.

It depends on whether it is an essential service, unless I ask whether it depends on whether it is an essential service.

Will your 'geographically unique' argument disappear if I look at it?

Title: Re: privatisation
Post by Dnarever on May 28th, 2024 at 10:27am

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


I remember when the Commonwealth bank was privatised and the government guaranteed that they would control the financial industry through regulation instead of market competition.

The  banks were caught ripping off everyone, The Prime Minister of Rodents at the time stood on the steps of parliament and told / begged the banks to do the right thing. The banking industry gave Howard the finger and told him to mind his own business - which he did.

The regulation scam does not get past the smell test - it simply gets overruled by the corruption.

Title: Re: privatisation
Post by freediver on May 28th, 2024 at 10:45am

Dnarever wrote on May 28th, 2024 at 10:27am:

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


I remember when the Commonwealth bank was privatised and the government guaranteed that they would control the financial industry through regulation instead of market competition.

The  banks were caught ripping off everyone, The Prime Minister of Rodents at the time stood on the steps of parliament and told / begged the banks to do the right thing. The banking industry gave Howard the finger and told him to mind his own business - which he did.

The regulation scam does not get past the smell test - it simply gets overruled by the corruption.


All this demonstrates is the difference between what people say they want and what they actually want. The banks, and the economists, make it their business to know what people actually wants.

People want cheap banking services. They do not want to wait in line at a local branch to talk to a real person. I have had to do that recently. It's like watching ads on TV.

Title: Re: privatisation
Post by Frank on May 28th, 2024 at 10:56am

Dnarever wrote on May 28th, 2024 at 10:27am:

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


I remember when the Commonwealth bank was privatised and the government guaranteed that they would control the financial industry through regulation instead of market competition.

The  banks were caught ripping off everyone, The Prime Minister of Rodents at the time stood on the steps of parliament and told / begged the banks to do the right thing. The banking industry gave Howard the finger and told him to mind his own business - which he did.

The regulation scam does not get past the smell test - it simply gets overruled by the corruption.


Even government owned enterprises are regulated by governments. Government departments are regulated by governments. Yet they go bust.

See the collapse of the State Bank of Victoria and the State Bank of South Australia.


Title: Re: privatisation
Post by freediver on May 28th, 2024 at 11:11am

Frank wrote on May 28th, 2024 at 10:56am:

Dnarever wrote on May 28th, 2024 at 10:27am:

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


I remember when the Commonwealth bank was privatised and the government guaranteed that they would control the financial industry through regulation instead of market competition.

The  banks were caught ripping off everyone, The Prime Minister of Rodents at the time stood on the steps of parliament and told / begged the banks to do the right thing. The banking industry gave Howard the finger and told him to mind his own business - which he did.

The regulation scam does not get past the smell test - it simply gets overruled by the corruption.


Even government owned enterprises are regulated by governments. Government departments are regulated by governments. Yet they go bust.

See the collapse of the State Bank of Victoria and the State Bank of South Australia.


If you run a business based on political rather than financial motives, it is hardly surprising when it goes bust.

Title: Re: privatisation
Post by Daves2017 on May 28th, 2024 at 8:13pm
Some of you may have heard of "surgery connect '?

It's a Qld labor government policy/ instrument.

Very, very simply how it's meant to work is the Queensland government outsourcing operation's to private hospitals.
It's cherry picking, the very simplest of procedure is sent . If something does go wrong they are sent straight to a public hospital for the clean up.

If a procedure, such as a cataract, cost $3000 to be done in a public hospital the private hospital charges $4500 for the exact same procedure.

It's a interesting policy - one it DOES enable quicker treatment.

Two it does keep private hospitals and staff gainfully employed.

Three it shows exactly how the private sector profits over a public service ( which it should?).

Using private business to assist public services isn't a cheaper option, never has been, it's a valuable addition to what the public service can't provide but the private system will at a premium price.

Title: Re: privatisation
Post by freediver on May 28th, 2024 at 8:48pm

Quote:
it's a valuable addition to what the public service can't provide


Why not? If the government gave the public service the money instead, would they just waste it?

Title: Re: privatisation
Post by Daves2017 on May 28th, 2024 at 8:55pm

freediver wrote on May 28th, 2024 at 8:48pm:

Quote:
it's a valuable addition to what the public service can't provide


Why not? If the government gave the public service the money instead, would they just waste it?



A point often made . The reality ( in my mind) is however weight of numbers.

80% of what is outsourced is simply overflow.

Why be blind on a five year waiting list when you can see again in three months?

The other 20% I( very simple figure's for the sake of) is simply to prop a private hospital up.


In the same way a government might support any particular industry in the name of keeping jobs health is the same.

It worth noting everything seems to flow only to ONE private hospital owner?

Title: Re: privatisation
Post by freediver on May 28th, 2024 at 9:04pm

Daves2017 wrote on May 28th, 2024 at 8:55pm:

freediver wrote on May 28th, 2024 at 8:48pm:

Quote:
it's a valuable addition to what the public service can't provide


Why not? If the government gave the public service the money instead, would they just waste it?



A point often made . The reality ( in my mind) is however weight of numbers.

80% of what is outsourced is simply overflow.

Why be blind on a five year waiting list when you can see again in three months?

The other 20% I( very simple figure's for the sake of) is simply to prop a private hospital up.


In the same way a government might support any particular industry in the name of keeping jobs health is the same.

It worth noting everything seems to flow only to ONE private hospital owner?


Did you know that 80% of statistics are entirely made up?

Title: Re: privatisation
Post by Daves2017 on May 28th, 2024 at 9:21pm
I can count to potatoes?

Title: Re: privatisation
Post by Daves2017 on May 28th, 2024 at 9:28pm
Lol, simply if a public hospital is working 24 hours a day you can't squeeze another two hours in.

It's not about extra funds. Peak capacity is reached in the public sector.

Imo it's actually run much tighter and to higher standards to the private health sector.

But it's a reasonable use of public coin to fund overflow into the private sector?

Any better ideas that don't include take 10 years and half a billion for each new hospital built?

No, labor and giggles will hate to admit it but the smartest way to handle the health system is to continue to outsource ( privatise) government services to private companies for a profit.

Which is what they are doing and been doing since last election.

Title: Re: privatisation
Post by Dnarever on May 28th, 2024 at 9:56pm

Frank wrote on May 28th, 2024 at 10:56am:

Dnarever wrote on May 28th, 2024 at 10:27am:

Frank wrote on May 27th, 2024 at 7:46pm:
Bollocks.


The private sector started things like schools and hospitals and benevolent societies long before government.

What matters is government regulation. It can keep privates out of let privates in.


I remember when the Commonwealth bank was privatised and the government guaranteed that they would control the financial industry through regulation instead of market competition.

The  banks were caught ripping off everyone, The Prime Minister of Rodents at the time stood on the steps of parliament and told / begged the banks to do the right thing. The banking industry gave Howard the finger and told him to mind his own business - which he did.

The regulation scam does not get past the smell test - it simply gets overruled by the corruption.


Even government owned enterprises are regulated by governments. Government departments are regulated by governments. Yet they go bust.

See the collapse of the State Bank of Victoria and the State Bank of South Australia.


The Commonwealth Bank when public was used to set interest rates and the market banks then had the option to match the rate or to not be competitive. Now they just say get stuffed we will charge what we like.

When you talk regulation in terms of privatisation you are talking theory which could work in theory if it were ever to be applied. Fact is historically it never has been. Privatisation fails every time. There is no success story.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 7:34am

Quote:
It's not about extra funds. Peak capacity is reached in the public sector.


What is limiting it?


Quote:
Any better ideas that don't include take 10 years and half a billion for each new hospital built?


That's what good hospitals cost.

Title: Re: privatisation
Post by SadKangaroo on May 29th, 2024 at 7:56am

freediver wrote on May 28th, 2024 at 7:45am:
So it depends on the history. But also it doesn't.

It depends on whether it is an essential service, unless I ask whether it depends on whether it is an essential service.

Will your 'geographically unique' argument disappear if I look at it?


How do you not forgot to breathe on a daily basis?

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 8:01am

ProudKangaroo wrote on May 29th, 2024 at 7:56am:

freediver wrote on May 28th, 2024 at 7:45am:
So it depends on the history. But also it doesn't.

It depends on whether it is an essential service, unless I ask whether it depends on whether it is an essential service.

Will your 'geographically unique' argument disappear if I look at it?


How do you not forgot to breathe on a daily basis?


I'll wait for you to get your story straight.

Title: Re: privatisation
Post by SadKangaroo on May 29th, 2024 at 8:24am

freediver wrote on May 29th, 2024 at 8:01am:

ProudKangaroo wrote on May 29th, 2024 at 7:56am:

freediver wrote on May 28th, 2024 at 7:45am:
So it depends on the history. But also it doesn't.

It depends on whether it is an essential service, unless I ask whether it depends on whether it is an essential service.

Will your 'geographically unique' argument disappear if I look at it?


How do you not forgot to breathe on a daily basis?


I'll wait for you to get your story straight.


But that's not the problem.

I gave you the answer you asked for and then an example of it happening in the real world.

You've ignored the answer, got triggered because I used the word history and are doing your best to dodge and weave since you've got zero interest in a good faith debate.

It's this entire place in a nutshell, only at least despite some participants best efforts, at least not filled with racism.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 8:45am

Quote:
I gave you the answer you asked for and then an example of it happening in the real world.


You do not understand your own examples. You do not know whether the public actually benefitted from any historical examples of privatisation. You are just parroting propaganda and expecting us to take your word for it.

Nor are your examples any kind of basis for deciding whether an industry should be privatised or not. They are examples of the absence of that basis. The only thing that is consistent in them is how loud people complain.

Title: Re: privatisation
Post by SadKangaroo on May 29th, 2024 at 9:13am

freediver wrote on May 29th, 2024 at 8:45am:

Quote:
I gave you the answer you asked for and then an example of it happening in the real world.


You do not understand your own examples. You do not know whether the public actually benefitted from any historical examples of privatisation. You are just parroting propaganda and expecting us to take your word for it.

Nor are your examples any kind of basis for deciding whether an industry should be privatised or not. They are examples of the absence of that basis. The only thing that is consistent in them is how loud people complain.


You're projecting.

My concerns about privatisation are clear.

Shifting the focus from service delivery to a profit motive exploiting and comoditising those they're are providing the services to can lead to worse outcomes with costly bills to fix than leaving the entity in public hands.

You don't want to acknowledge that because it threatens your opinions.

You've made your position clear.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 9:36am

Quote:
My concerns about privatisation are clear.


But also irrelevant if you are not actually proposing anything.

Title: Re: privatisation
Post by Daves2017 on May 29th, 2024 at 12:45pm

freediver wrote on May 29th, 2024 at 7:34am:

Quote:
It's not about extra funds. Peak capacity is reached in the public sector.


What is limiting it?

[quote]Any better ideas that don't include take 10 years and half a billion for each new hospital built?


That's what good hospitals cost.[/quote]

It's limited by the mass of numbers and urgent need.

Find for a government to build a hospital and try and find staff for.

Not so fine if your dead by the time it happened.

More public hospitals are needed but long term investment isn't supported by politicians.

Better to " privatise" a simple solution.

I'm a example of privatising a particular service that I believe is extremely effective.

There is a long list of failures.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 12:55pm
So you think privatisation is better because you cannot trust the government to plan ahead?

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 1:04pm

freediver wrote on May 27th, 2024 at 1:30pm:
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?


Yes. Why do you want to own your own PVs?

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 1:09pm

thegreatdivide wrote on May 29th, 2024 at 1:04pm:

freediver wrote on May 27th, 2024 at 1:30pm:
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?


Yes. Why do you want to own your own PVs?


I don't. Why do you ask?

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 1:15pm

freediver wrote on May 29th, 2024 at 1:09pm:

thegreatdivide wrote on May 29th, 2024 at 1:04pm:

freediver wrote on May 27th, 2024 at 1:30pm:
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?


Yes. Why do you want to own your own PVs?


I don't. Why do you ask?


Good - so you agree "nationalization of the entire electriciy industry"  is required to avoid the insanity of rooftop PV owners being charged to send electricity to the grid.

Thanks.



Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 1:21pm

freediver wrote on May 29th, 2024 at 12:55pm:
So you think privatisation is better because you cannot trust the government to plan ahead?


What 'Daves 2017' actually said is this:

More public hospitals are needed but long term investment isn't supported by politicians.


Hit the nail on the head: the post-Thatcher 'small government'/low tax/privatisation ideology has pollies by the 'short and curlies'. 



Title: Re: privatisation
Post by freediver on May 29th, 2024 at 2:39pm

thegreatdivide wrote on May 29th, 2024 at 1:15pm:

freediver wrote on May 29th, 2024 at 1:09pm:

thegreatdivide wrote on May 29th, 2024 at 1:04pm:

freediver wrote on May 27th, 2024 at 1:30pm:
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?


Yes. Why do you want to own your own PVs?


I don't. Why do you ask?


Good - so you agree "nationalization of the entire electriciy industry"  is required to avoid the insanity of rooftop PV owners being charged to send electricity to the grid.

Thanks.


There you go again. Logic with CCP characteristics.

Title: Re: privatisation
Post by Grappler Truth Teller Feller on May 29th, 2024 at 2:50pm
A failed experiment of the vapid right and now desperately in need of being overturned and the power restored to the people and the endless profits taken out of the hands of the imported parasite types who designed it...  you know who I mean...

People mutter darkly about 'government waste and inefficiency' in such things - the waste and inefficiency is in the lavish lifestyles of those who stole the show... as bad as some Hamas head man hiding in Turkey...

Can't wait to hear them taken out one by one....

Now then -about that Grappler plan for superannuation under one roof.... there are antecedents .... the British 'pension' system that varied depending on how much you put in.... some Poms here continue to receive a British pension and get an Aussie one or part... not bad... so if we had a one shop stop super fund for all on the same terms and conditions, without all the waste of fees and charges and levies out of the till....and without the 'government waste' of a highly preferential system for them and a few others .... we could accumulate a national fund of trillions and get the country moving again with blue chip loans to governments and  safe businesses (few of) ...

Jeez - Port Kembla steel works is now owned by an Indian Gupta something.... maybe we should sub-contract our new military software to China or similar....  wait for it, people....... how long before the Great Revelation that such a thing has been going on through proxy companies?  Our nerds, of course, are all confused about their gender and can't think straight any more...

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 3:56pm

freediver wrote on May 29th, 2024 at 2:39pm:

thegreatdivide wrote on May 29th, 2024 at 1:15pm:

freediver wrote on May 29th, 2024 at 1:09pm:

thegreatdivide wrote on May 29th, 2024 at 1:04pm:

freediver wrote on May 27th, 2024 at 1:30pm:
Do you understand that nationalising the entire electricity industry includes people using solar panels to supply power to the grid?


Yes. Why do you want to own your own PVs?


I don't. Why do you ask?


Good - so you agree "nationalization of the entire electriciy industry"  is required to avoid the insanity of rooftop PV owners being charged to send electricity to the grid.

Thanks.


There you go again. Logic with CCP characteristics.


No; logic exposing your illogicality....

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons. 

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 3:58pm
So it's true that the Chinese education system teaches people what to think, not how to think.

Title: Re: privatisation
Post by Dnarever on May 29th, 2024 at 4:02pm

freediver wrote on May 28th, 2024 at 8:48pm:

Quote:
it's a valuable addition to what the public service can't provide


Why not? If the government gave the public service the money instead, would they just waste it?


You look at the facts public assets that have been privatised were running their service and returning profit to the government and not the other way around in general. Since privatisation it is typical for profits to dominate the industry involved which goes on to produce declining service and quality of the product with increased customer costs. 

Title: Re: privatisation
Post by Dnarever on May 29th, 2024 at 4:03pm

freediver wrote on May 29th, 2024 at 3:58pm:
So it's true that the Chinese education system teaches people what to think, not how to think.


Don't recall a time when the chinese education system was an Australian public service?

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 4:10pm

Dnarever wrote on May 29th, 2024 at 4:02pm:

freediver wrote on May 28th, 2024 at 8:48pm:

Quote:
it's a valuable addition to what the public service can't provide


Why not? If the government gave the public service the money instead, would they just waste it?


You look at the facts public assets that have been privatised were running their service and returning profit to the government and not the other way around in general. Since privatisation it is typical for profits to dominate the industry involved which goes on to produce declining service and quality of the product with increased customer costs. 


Was that supposed to be a response to the quote you posted?

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 4:18pm

Grappler Truth Teller wrote on May 29th, 2024 at 2:50pm:
A failed experiment of the vapid right and now desperately in need of being overturned and the power restored to the people and the endless profits taken out of the hands of the imported parasite types who designed it...  you know who I mean...


Good to see you on the right track, FD won't be pleased. 


Quote:
People mutter darkly about 'government waste and inefficiency' in such things - the waste and inefficiency is in the lavish lifestyles of those who stole the show... as bad as some Hamas head man hiding in Turkey...

Can't wait to hear them taken out one by one....


Correct (I think....): but you are lapsing into verbose lack of clarity again: who exactly are the "ones who stole the show, and who you "can't wait to hear are taken out one by one"?

Surely "the ones who stole the show" are the Friedmanites (economists) and Thatcherites (politicians) who ditched the post-WW2 Keynesian 'big government' welfare state.   


Quote:
Now then -about that Grappler plan for superannuation under one roof.... there are antecedents .... the British 'pension' system that varied depending on how much you put in.... some Poms here continue to receive a British pension and get an Aussie one or part... not bad... so if we had a one shop stop super fund for all on the same terms and conditions, without all the waste of fees and charges and levies out of the till....and without the 'government waste' of a highly preferential system for them and a few others .... we could accumulate a national fund of trillions and get the country moving again with blue chip loans to governments and  safe businesses (few of) ...
 

Yes (again, I think...); Norway shows how it's done (by taxing fossil fuels); their super fund is  much larger than ours.


Quote:
Jeez - Port Kembla steel works is now owned by an Indian Gupta something.... maybe we should sub-contract our new military software to China or similar....  wait for it, people....... how long before the Great Revelation that such a thing has been going on through proxy companies?  Our nerds, of course, are all confused about their gender and can't think straight any more...


Yes, (... again, I think); globalization created many losers,  in the absence of an international manager of fair trade, as opposed to competitve free trade. Even the US is now opting out of free trade, now that China is vastly more productive than the US which  can't compete in EVs and PVs.    

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 4:24pm

freediver wrote on May 29th, 2024 at 3:58pm:
So it's true that the Chinese education system teaches people what to think, not how to think.


No.

Why won't you address the issue?

SK ran into the same problem with you - a self-confessed fraud by your own words.   (...."FTW".....).

Here it is again for your consideration:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 4:25pm

Quote:
Why won't you address the issue?


You posted Gibberish. I pointed out that it is gibberish. I cannot force you to understand.

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 4:31pm

freediver wrote on May 29th, 2024 at 4:25pm:

Quote:
Why won't you address the issue?


You posted Gibberish. I pointed out that it is gibberish. I cannot force you to understand.


Here it is again:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

In a debate, you don't get to merely claim a statement is "gibberish", you need to show why it's gibberish.

But you won't dare to critique the statement, because your critique would  expose you as a debating fraud.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 5:18pm

thegreatdivide wrote on May 29th, 2024 at 4:31pm:

freediver wrote on May 29th, 2024 at 4:25pm:

Quote:
Why won't you address the issue?


You posted Gibberish. I pointed out that it is gibberish. I cannot force you to understand.


Here it is again:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

In a debate, you don't get to merely claim a statement is "gibberish", you need to show why it's gibberish.

But you won't dare to critique the statement, because your critique would  expose you as a debating fraud.


Your statement is untrue.

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 5:32pm

freediver wrote on May 29th, 2024 at 5:18pm:

thegreatdivide wrote on May 29th, 2024 at 4:31pm:

freediver wrote on May 29th, 2024 at 4:25pm:

Quote:
Why won't you address the issue?


You posted Gibberish. I pointed out that it is gibberish. I cannot force you to understand.


Here it is again:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

In a debate, you don't get to merely claim a statement is "gibberish", you need to show why it's gibberish.

But you won't dare to critique the statement, because your critique would  expose you as a debating fraud.


Your statement is untrue.


Well....at least that's a start of a "critique".

Now you have to say which part of the statement is untrue; there are several issues in the statement which you  need to deal with. 

Or explain why the statement in its entirety is untrue, if that is what you are asserting.

But I commend you for changing your critique from "gibberish" to "untrue", now let's see your next move....

Here's the statement again for your convenience:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 5:35pm

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.

Title: Re: privatisation
Post by thegreatdivide on May 29th, 2024 at 6:11pm

freediver wrote on May 29th, 2024 at 5:35pm:

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.



Ah...progress of sorts - but it's like pulling teeth.

So you have identified the particular offending phrase in the statement, good

"You want to be paid for the excess electrons produced on your roof"

Can you kindly clarify: you don't want to be paid for them (ie, excess electricity), you even accept being CHARGED for them being sent to the grid (excuse the pun)?








Title: Re: privatisation
Post by Dnarever on May 29th, 2024 at 7:38pm

freediver wrote on May 29th, 2024 at 8:01am:

ProudKangaroo wrote on May 29th, 2024 at 7:56am:

freediver wrote on May 28th, 2024 at 7:45am:
So it depends on the history. But also it doesn't.

It depends on whether it is an essential service, unless I ask whether it depends on whether it is an essential service.

Will your 'geographically unique' argument disappear if I look at it?


How do you not forgot to breathe on a daily basis?


I'll wait for you to get your story straight.


I suspect you should breath before then ?

Title: Re: privatisation
Post by SadKangaroo on May 29th, 2024 at 8:22pm

freediver wrote on May 29th, 2024 at 5:35pm:

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.


It's a tired argument, something I don't like must be communism.

Mandatory seatbelts, legislating the end of drink driving, all things people called communism.

We can point out the shortcomings of our existing system while still accepting it's the best option we have.

Title: Re: privatisation
Post by freediver on May 29th, 2024 at 8:29pm

thegreatdivide wrote on May 29th, 2024 at 6:11pm:

freediver wrote on May 29th, 2024 at 5:35pm:

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.



Ah...progress of sorts - but it's like pulling teeth.

So you have identified the particular offending phrase in the statement, good

"You want to be paid for the excess electrons produced on your roof"

Can you kindly clarify: you don't want to be paid for them (ie, excess electricity), you even accept being CHARGED for them being sent to the grid (excuse the pun)?


Where are you getting this from? Are you just making it all up? I told you I do not want to own my own PV cells, so why do you keep asking me what I want to do with the electricity I produce?


ProudKangaroo wrote on May 29th, 2024 at 8:22pm:

freediver wrote on May 29th, 2024 at 5:35pm:

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.


It's a tired argument, something I don't like must be communism.

Mandatory seatbelts, legislating the end of drink driving, all things people called communism.

We can point out the shortcomings of our existing system while still accepting it's the best option we have.


There is a strong correlation between being a communist and being stupid. The CCP essentially trains people to be stupid.

Can you not see any link at all between nationalising industries and communism?

Title: Re: privatisation
Post by Gnads on May 30th, 2024 at 12:24pm

Grappler Truth Teller wrote on May 29th, 2024 at 2:50pm:
A failed experiment of the vapid right and now desperately in need of being overturned and the power restored to the people and the endless profits taken out of the hands of the imported parasite types who designed it...  you know who I mean...

People mutter darkly about 'government waste and inefficiency' in such things - the waste and inefficiency is in the lavish lifestyles of those who stole the show... as bad as some Hamas head man hiding in Turkey...

Can't wait to hear them taken out one by one....

Now then -about that Grappler plan for superannuation under one roof.... there are antecedents .... the British 'pension' system that varied depending on how much you put in.... some Poms here continue to receive a British pension and get an Aussie one or part... not bad... so if we had a one shop stop super fund for all on the same terms and conditions, without all the waste of fees and charges and levies out of the till....and without the 'government waste' of a highly preferential system for them and a few others .... we could accumulate a national fund of trillions and get the country moving again with blue chip loans to governments and  safe businesses (few of) ...

Jeez - Port Kembla steel works is now owned by an Indian Gupta something.... maybe we should sub-contract our new military software to China or similar....  wait for it, people....... how long before the Great Revelation that such a thing has been going on through proxy companies?  Our nerds, of course, are all confused about their gender and can't think straight any more...


No Grapps ... Sanjeev Gupta owns Whyalla Steel in Sth Aust.

Port Kembla is owned by Bluescope Steel ... a spin off from BHP.

CEO is a Mark Vassella.

Title: Re: privatisation
Post by Gnads on May 30th, 2024 at 12:44pm

freediver wrote on May 29th, 2024 at 5:18pm:

thegreatdivide wrote on May 29th, 2024 at 4:31pm:

freediver wrote on May 29th, 2024 at 4:25pm:

Quote:
Why won't you address the issue?


You posted Gibberish. I pointed out that it is gibberish. I cannot force you to understand.


Here it is again:

You want to be paid for the excess electrons produced on your roof, while at the same time supporting private  profit-seeking retailers and wholesalers who can't manage your excess electrons.

In a debate, you don't get to merely claim a statement is "gibberish", you need to show why it's gibberish.

But you won't dare to critique the statement, because your critique would  expose you as a debating fraud.


Your statement is untrue.


It's actually not untrue.

Private sector energy providers now want to and are charging you for the power you put back into the grid from your PV array on your roof.

They are charging you for your provision of a product which assists them in supplying energy to everyone else when they should be paying you as a sub-contractor supplier.

In affect they are charging you for your own product.

How is that even remotely a fair and reasonable practice in a private enterprise world?

It's double dipping and a complete ripoff.

If the system cannot handle the input by residential PV systems back into the grid then that is the fault of the Energy provider for not maintaining or upgrading the system to handle it.

The Residential Photovoltaic Rebate Program (PVRP) in 2000.... 24 years ago.

Privatisation??  ;D

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 12:49pm

Quote:
It's actually not untrue.


Yes it is. That was a very longwinded post to demonstrate that you completely missed the point.

Title: Re: privatisation
Post by Gnads on May 30th, 2024 at 1:05pm

freediver wrote on May 30th, 2024 at 12:49pm:

Quote:
It's actually not untrue.


Yes it is. That was a very longwinded post to demonstrate that you completely missed the point.


You miss the point by selectively editing/copying and pasting pieces from any conversation post.

You do that all the time & deliberately.

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 1:07pm
I told him he said something that was not true. I even quoted the bit that was not true for him. It is clearly not true. It does not magically become true after a long winded, off-topic rant from you.

Title: Re: privatisation
Post by thegreatdivide on May 30th, 2024 at 1:58pm

freediver wrote on May 29th, 2024 at 8:29pm:

thegreatdivide wrote on May 29th, 2024 at 6:11pm:

freediver wrote on May 29th, 2024 at 5:35pm:

Quote:
You want to be paid for the excess electrons produced on your roof


Like I said, logic, with CCP characteristics.



Ah...progress of sorts - but it's like pulling teeth.

So you have identified the particular offending phrase in the statement, good

"You want to be paid for the excess electrons produced on your roof"

Can you kindly clarify: you don't want to be paid for them (ie, excess electricity), you even accept being CHARGED for them being sent to the grid (excuse the pun)?


Where are you getting this from? Are you just making it all up? I told you I do not want to own my own PV cells, so why do you keep asking me what I want to do with the electricity I produce?


Ah...we are making progress (but it's like pulling teeth).

I missed the bit where you said you don't want PVs, which means you want the fossil-powered grid.

And you want the privatized fossil-powered grid, which requires government to subsidize consumers because private profit-seeking companies sent most Oz gas overseas, causing prices to sky-rocket in Oz. 



SK: We can point out the shortcomings of our existing system while still accepting it's the best option we have

FD
Quote:
There is a strong correlation between being a communist and being stupid. The CCP essentially trains people to be stupid.


Do you imagine you actually replied to SK with that response?

For my part, there IS a better system than our own privatized electricity system.


Quote:
Can you not see any link at all between nationalising industries and communism?


Yes.  That's why communism and nationalization have advantages. 

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 1:59pm

Quote:
I missed the bit where you said you don't want PVs, which means you want the fossil-powered grid.


Logic, with CCP characteristics.

How many ways can you get this wrong?

Title: Re: privatisation
Post by thegreatdivide on May 30th, 2024 at 2:05pm

freediver wrote on May 30th, 2024 at 1:59pm:

Quote:
I missed the bit where you said you don't want PVs, which means you want the fossil-powered grid.


Logic, with CCP characteristics.

How many ways can you get this wrong?


Ah....we are making progress, but it's like pulling teeth....

So you don't want rooftop PVs, you don't want a connection to the fossil grid;  how am  I doin' so far...? 

(You can stop pulling teeth if you like .....)

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 2:11pm

Quote:
So you don't want rooftop PVs, you don't want a connection to the fossil grid;  how am  I doin' so far...?


You are giving us an excellent demonstration of the outcome of the CCP's education system. Logic, with Chinese characteristics. I agree, it is like pulling teeth.

Are we up to 4 now?

Title: Re: privatisation
Post by thegreatdivide on May 30th, 2024 at 5:19pm

freediver wrote on May 30th, 2024 at 2:11pm:

Quote:
So you don't want rooftop PVs, you don't want a connection to the fossil grid;  how am  I doin' so far...?


You are giving us an excellent demonstration of the outcome of the CCP's education system. Logic, with Chinese characteristics. I agree, it is like pulling teeth.

Are we up to 4 now?


Ah...so you have decided to stop pulling teeth, and have reverted  back to being a self-confessed fraud ..."FTW.."

You were doing 'well' there for a while, you got as far as rejecting PVs - but you had to bail out on the question of  supporting connections to the grid.

..because you realized your privatization ideology was about to come crashing down around you, as electricity prices are sky-rocketting in the privatized system (as the transition to a green economy proceeds apace), requiring socialist intervention in the form of government subsidies for electricity consumers.   

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 5:50pm
Do you have a form you can fill out if you are not sure what the CCP wants you think on a subject?

Title: Re: privatisation
Post by thegreatdivide on May 30th, 2024 at 6:36pm

freediver wrote on May 30th, 2024 at 5:50pm:
Do you have a form you can fill out if you are not sure what the CCP wants you think on a subject?


No; unlike you - a delusional "individual freedom" /privatization ideologue -  I can think for myself and back my arguments.

The issue at hand is the thread's topic - and the necessity for the government's  'socialist' policy of subsidizing the price of privatized energy, during the transition to the green economy.

That's the issue you are refusing to deal with, because it will blow your privatization ideology out of the water.

Now, where were we.... oh yes:   you said this was "untrue":

"You want to be paid for the excess electrons produced on your roof".


But you have baulked at going any further, preferring to blather about the CCP.

Deplorable.   

   

Title: Re: privatisation
Post by Gnads on May 30th, 2024 at 7:01pm

freediver wrote on May 30th, 2024 at 1:07pm:
I told him he said something that was not true. I even quoted the bit that was not true for him. It is clearly not true. It does not magically become true after a long winded, off-topic rant from you.


It's not off topic because you say so.

The fact that privatised energy companies are charging for power exported into the grid from residential suppliers instead of paying them for their production proves that privatisation of these services is a sham.

Are you a sham?

Title: Re: privatisation
Post by freediver on May 30th, 2024 at 8:11pm
That has nothing to do with whether what he said is true.

Title: Re: privatisation
Post by Daves2017 on May 30th, 2024 at 8:44pm

freediver wrote on May 30th, 2024 at 8:11pm:
That has nothing to do with whether what he said is true.

Why wouldn't you answer a a simple and clear questions?

Title: Re: privatisation
Post by freediver on May 31st, 2024 at 7:39am

Daves2017 wrote on May 30th, 2024 at 8:44pm:

freediver wrote on May 30th, 2024 at 8:11pm:
That has nothing to do with whether what he said is true.

Why wouldn't you answer a a simple and clear questions?


You have to ask them first.

Title: Re: privatisation
Post by Daves2017 on May 31st, 2024 at 10:40am
Developing a successful business case for privatization is difficult.

Not impossible. The business reality ( there must be a profit) ensures that the government must pay a premium for a less quality service then could have been achieved without the outsourcing.

The moment a politician ( often labor) states " it will be cheaper if we privatise it" you are going to be paying more.
Looking at our privatised third party insurance I have noted absolutely no competition in quotes.
Rather than having the bargaining power of every vehicle in NSW to drive down costs it's now simply a choice of providers with no product or cost difference.

Being given a " choice" didn't create a competitive market nor a better deal.

Title: Re: privatisation
Post by thegreatdivide on May 31st, 2024 at 11:25am

freediver wrote on May 30th, 2024 at 8:11pm:
That has nothing to do with whether what he said is true.


But it has everything to do with the thread's topic, as observed by Gnads:

"The fact that privatised energy companies are charging for power exported into the grid from residential suppliers instead of paying them for their production proves that privatisation of these services is a sham.

Are you a sham?"      

Title: Re: privatisation
Post by freediver on May 31st, 2024 at 11:29am

Quote:
The fact that privatised energy companies are charging for power exported into the grid from residential suppliers instead of paying them for their production proves that privatisation of these services is a sham.


No it doesn't. It merely proves that government controlling an industry leads to undesirable outcomes. This problem is not caused by free market forces, but by government subsidies for rooftop solar. Retrofitting small scale PV to existing residences would never have been commercially viable without those subsidies. And I still get people knocking on my door or on my facebook feed trying to give me "free" rooftop solar.

It is a vote buying scam, nothing more.

Title: Re: privatisation
Post by thegreatdivide on May 31st, 2024 at 11:32am

freediver wrote on May 31st, 2024 at 7:39am:

Daves2017 wrote on May 30th, 2024 at 8:44pm:

freediver wrote on May 30th, 2024 at 8:11pm:
That has nothing to do with whether what he said is true.

Why wouldn't you answer a a simple and clear questions?


You have to ask them first.


Do you  want to be paid for the excess electrons produced on your roof?

If yes, why....and if no, why not?

Title: Re: privatisation
Post by thegreatdivide on May 31st, 2024 at 11:54am

freediver wrote on May 31st, 2024 at 11:29am:

Quote:
The fact that privatised energy companies are charging for power exported into the grid from residential suppliers instead of paying them for their production proves that privatisation of these services is a sham.


No it doesn't.


Wrong of course; companies who demand payment for the same product they themselves are demanding payment for,  are thieves ie criminal organisations. Ouch. 


Quote:
It merely proves that government controlling an industry leads to undesirable outcomes.


Back to front (and upside down) thinking as always, as to be expected from a  delusional 'individual freedom' ideologue. The problem is the governement DOESN'T control the industry.


Quote:
This problem is not caused by free market forces, but by government subsidies for rooftop solar.


Ah (it's like pulling teeth) so now we have it: only rich people who can afford rooftop PVs (and batteries) ought to be able to access free rooftop electricity. 


Quote:
Retrofitting small scale PV to existing residences would never have been commercially viable without those subsidies.


But rich people (who, unlike you,  were concerned with the AGW implications of fossil fuel energy)  jumped at the technology when it became available.

Meanwhile, the 'socialist'  government  who also believes in the AGW implications of fossil fuels, understands the need for an 'all in' approach, rendering your magical "free market forces" inoperative, null and void.   


Quote:
And I still get people knocking on my door or on my facebook feed trying to give me "free" rooftop solar.

It is a vote buying scam, nothing more.


No, you want to continue on the fossil fuel route, despite the fact the entire world has moved on (apart from  Trump who is in trouble....).

And even so, prices were skyrocketting in the privatized fossil industry.   

Title: Re: privatisation
Post by freediver on May 31st, 2024 at 11:57am
It has nothing to do with whether they are rich. You don't usually get rich by wasting your money. This has nothing to do with your moronic class warfare nonsense. It simply doesn't make sense.

Title: Re: privatisation
Post by Daves2017 on May 31st, 2024 at 12:51pm
I find it interesting that labor governments both state and federal are targeting power bills to relieve cost of living.
Primary because they allowed and supported the privatisation and by now giving money is admitting the privatisation is a failure that has simply led to higher prices

The other interesting part is essentially, the private companies are now receiving public funds to support a private companies that are providing a service that was previously public?

No one is getting $300 in the hand or as in Qld $1000.

It's going straight to a private company!

I believe it's not as much about the average person cost of living but more to do with defaults on payment and keeping the lights on.

They privatise it to save the public money now they are using public money to save what they privatise!

Title: Re: privatisation
Post by thegreatdivide on May 31st, 2024 at 4:59pm

freediver wrote on May 31st, 2024 at 11:57am:
It has nothing to do with whether they are rich.


Low IQ? 

Show me a person who wouldn't instal rooftop PVs and a battery if they could afford to do so.


Quote:
You don't usually get rich by wasting your money.


Low IQ?

Rooftop PVs and a battery will SAVE a small fortune, given the exorbitant prices charged by private profit gouging fossil companies.


Quote:
This has nothing to do with your moronic class warfare nonsense. It simply doesn't make sense.


Explained to you above, moron.

Title: Re: privatisation
Post by thegreatdivide on May 31st, 2024 at 5:04pm

Daves2017 wrote on May 31st, 2024 at 12:51pm:
I find it interesting that labor governments both state and federal are targeting power bills to relieve cost of living.
Primary because they allowed and supported the privatisation and by now giving money is admitting the privatisation is a failure that has simply led to higher prices


Correct. Don't tell FD....he will accuse you of "class warfare"......


Quote:
The other interesting part is essentially, the private companies are now receiving public funds to support a private companies that are providing a service that was previously public?

No one is getting $300 in the hand or as in Qld $1000.

It's going straight to a private company!

I believe it's not as much about the average person cost of living but more to do with defaults on payment and keeping the lights on.

They privatise it to save the public money now they are using public money to save what they privatise!


That's the evil consequence of the Thatcherite small government/privatization ideology.

Title: Re: privatisation
Post by freediver on May 31st, 2024 at 6:54pm

Quote:
Show me a person who wouldn't instal rooftop PVs and a battery if they could afford to do so.


I can afford to. But I don't.

Wasn't it you complaining that it actually costs money to feed into the grid?

Title: Re: privatisation
Post by thegreatdivide on Jun 1st, 2024 at 2:51pm

freediver wrote on May 31st, 2024 at 6:54pm:

Quote:
Show me a person who wouldn't instal rooftop PVs and a battery if they could afford to do so.


I can afford to. But I don't.

 

(So show me ANOTHER person...)

So you can afford to pay the hefty prices  demanded by the privatized industry, and aren't interested  in the AGW issue.  Good for you, but the TEALS will ensure your ideology never sees the government benches again.   

Meanwhile Shell recently abandoned a wind farm project off Vic's coast because it can profit more from fossil fuels....stuff the CO2 emissions.  Shell too will become a dinosaur like you.


Quote:
Wasn't it you complaining that it actually costs money to feed into the grid?


All rooftop PV owners (except maybe the rich ones)  are complaining about it.

Do try to keep up. 

Title: Re: privatisation
Post by freediver on Jun 1st, 2024 at 3:08pm

Quote:
So you can afford to pay the hefty prices  demanded by the privatized industry,


What hefty prices? If you lived in this country you would realise it is heavily subsidised. Within the last week I had someone knocking on my door offering me free solar. Even if you pay for the lot it is still fairly cheap for the sizes typically installed on a residential rooftop.


Quote:
All rooftop PV owners (except maybe the rich ones)  are complaining about it.


And yet you make it out to be a rich vs poor issue. It is not. It is an issue of the government interfering in the industry. Obviously if you subsidise residential rooftop solar it will be oversupplied, and it is that oversupply that is resulting in the negative price.

Title: Re: privatisation
Post by Daves2017 on Jun 1st, 2024 at 8:46pm
This is a painful thread to read, thank you both, not.

It is possible for the private sector to totally help deliver public services if , basically, contracts are water tight.

I have given the example of surgery connect in QLD. Which I believe is a good example.

Rather than read the continued arguments between both of you can we be a little more intelligent?

Privatised public service isn’t always good.

Particularly when it involves creating a monopoly and subsequently the corruption.

If done properly, and I believe that means short term contracts put forward for tenders. It can be a very valuable assistance to Government public service.
It can be targeted too fill services the government has simply been overwhelmed or failed to plan adequately for.

That should be the extent of it.

Once we have politicians who sell off each viable public service.

We need remove those politicians from the decision making process.

There is very much unexplored  middle ground in this argument?

I have worked in both sides .

There are many plus and minus.

It’s not as clear cut as many want!


You can’t have the best Olympics ever Sydney and not expect to pay for it.

Money comes from government selling profitable business to private companies.

You want stadiums and good time?

It has to be paid for

Title: Re: privatisation
Post by SadKangaroo on Jun 1st, 2024 at 9:15pm

freediver wrote on May 29th, 2024 at 8:29pm:
Can you not see any link at all between nationalising industries and communism?


You're trying to conflate people talking about the risks and downsides to privatising an already publicly owned asset with nationalising private industries so you can accuse them of being communists, stupid, and ignore the valid points they raise.

Again, you're not acting in good faith.

Title: Re: privatisation
Post by SadKangaroo on Jun 1st, 2024 at 9:18pm

Daves2017 wrote on May 31st, 2024 at 12:51pm:
I find it interesting that labor governments both state and federal are targeting power bills to relieve cost of living.
Primary because they allowed and supported the privatisation and by now giving money is admitting the privatisation is a failure that has simply led to higher prices

The other interesting part is essentially, the private companies are now receiving public funds to support a private companies that are providing a service that was previously public?

No one is getting $300 in the hand or as in Qld $1000.

It's going straight to a private company!

I believe it's not as much about the average person cost of living but more to do with defaults on payment and keeping the lights on.

They privatise it to save the public money now they are using public money to save what they privatise!


This has always been my concern, but providing examples of the outcomes of that concern, you know, evidence, is a bad thing in the eyes of some.

Title: Re: privatisation
Post by freediver on Jun 1st, 2024 at 9:43pm

ProudKangaroo wrote on Jun 1st, 2024 at 9:15pm:

freediver wrote on May 29th, 2024 at 8:29pm:
Can you not see any link at all between nationalising industries and communism?


You're trying to conflate people talking about the risks and downsides to privatising an already publicly owned asset with nationalising private industries so you can accuse them of being communists, stupid, and ignore the valid points they raise.

Again, you're not acting in good faith.


You are confused SK. I call him a communist because he is a little pink. Compared to his efforts to defend the CCP killing about 100 million people, his views on the electricity industry are trivial.

Title: Re: privatisation
Post by thegreatdivide on Jun 2nd, 2024 at 12:18pm

freediver wrote on Jun 1st, 2024 at 3:08pm:

Quote:
So you can afford to pay the hefty prices  demanded by the privatized industry,


What hefty prices? If you lived in this country you would realise it is heavily subsidised.


Typical out of touch conservative: pensioners and people badly impacted by cost of living pressures can't afford heating or cooling, unlike the previous generation. 

And guess why electricity IS heavily subsized (hint:  market failure...requiring socialist intervention). 


Quote:
Within the last week I had someone knocking on my door offering me free solar. Even if you pay for the lot it is still fairly cheap for the sizes typically installed on a residential rooftop.


"Fairly cheap" to a blind comfortable conservative. But most working people need elecricity when they are home at night, necessitating a $12k battery. 


Quote:
And yet you make it out to be a rich vs poor issue. It is not.


..the perils of arguing with a rich, blind, free market ideologue : see above.  Why do you think the government is subsidizing electricity bills? 


Quote:
It is an issue of the government interfering in the industry.
 

And WHY is the government "interfering in the industry?"   

Quote:
Obviously if you subsidise residential rooftop solar it will be oversupplied, and it is that oversupply that is resulting in the negative price.


Mind-blowing cunfusion re economics.

1. If the govt. subsidizes rooftop solar, it will increase demand for rooftop solar (which the government wants to achieve in line with its Paris AGW commitments).

2. There can be NO "oversupply" of renewable energy, the world has to achieve zero CO2 emissions before 2050.

3.  "oversupply" in free markets results in  lower prices or zero price, not "negative prices" which is an absurdity brought about by private companies  operating an obsolete grid which can't deal with electricity flows in two directions.




Title: Re: privatisation
Post by thegreatdivide on Jun 2nd, 2024 at 12:29pm

freediver wrote on Jun 1st, 2024 at 9:43pm:

ProudKangaroo wrote on Jun 1st, 2024 at 9:15pm:

freediver wrote on May 29th, 2024 at 8:29pm:
Can you not see any link at all between nationalising industries and communism?


You're trying to conflate people talking about the risks and downsides to privatising an already publicly owned asset with nationalising private industries so you can accuse them of being communists, stupid, and ignore the valid points they raise.

Again, you're not acting in good faith.


You are confused SK. I call him a communist because he is a little pink. Compared to his efforts to defend the CCP killing about 100 million people, his views on the electricity industry are trivial.


..."is a little pink"? How do you know? ; is Paul Keating "a little pink"?

I defend Marxism and "common prosperity", not "the CCP killing about 100 milion people", you blind "individual freedom" fraudulent moron - you even admitted you were a fraud  - "FTW". 


Title: Re: privatisation
Post by Frank on Jun 14th, 2024 at 11:39am
One thing, and one thing only, keeps people trapped in the kind of poverty of mind where they don't feed their children properly even when they could, and shit in their own stairwells. It's a lack of ownership; a lack of self-reliance. It's a lack of the very concept of self-reliance. It's an idea that the mere thought that they should be self-reliant is immoral, evil, callous and cruel. And though this idea is gibbered out by halfwits like TGD, it actually derives from Polly Toynbee.

Not just Toynbee, of course, but she has made a particular fetish of "social exclusion". And she claims that

...growing inequality multiplies all these problems


No, it doesn't. What multiplies them is continued state intervention in and control over these people's lives. They shit in stairwells because they don't own the stairwells and they don't feel responsible for keeping them clean. The same people will complain that the council are slow to disinfect them, before they shit in them again.

I don't know this because I've held focus groups; I know it because I've lived there and seen it. I have seen someone whose father sent him to school from a tower block in Walworth with the carving knife to stab a boy who was bullying him (which he did) buy a house and take his kids on holidays through sheer hard work, and I've seen middle-class lefties spend decades on the dole.

Telling people who are institutionalised into dependency that it's all the fault of unequal income distribution, that they are victims and that their salvation lies in more government money is hideously cruel, for all the fatuous false moral posturing of Toynbee and her carpet-brained acolytes. The only things that achieves are a deepening of the sanctimonious self-satisfaction in which Toynbee and her entourage wallow, and a broadening of the base of the state on which they depend and through which they thrive.

The answer lies not in the redistribution of wealth, but in the creation of wealth, by the poorest, for the poorest - for themselves. For that to happen, the state needs to get out of the way, not just by intervening less with "help", but also by hindering less with regulations and taxes. Taking money from the poorest, then giving it back to them in housing subsidies, tax credits and income supplements is grotesque - it wastes their few precious resources (unless tax collectors start working for free) and it institutionalises the recipients who could have just been left alone in the first place.

Constant regulation and "quality improvements" simply mean cutting off the bottom rungs of the ladder; instead, the focus should be on removing barriers to work and self-employment.

But then there'd be nothing for Polly and her friends to do, and nothing to give them that glow of self-righteousness that comes from stooping down from on high to hold the little hands of the poor. And that's the really unforgivable aspect of this: the sense that the unconscionable cruelty of keeping these people trapped is motivated in part by the self-interest of the advocates of statism.

Title: Re: privatisation
Post by thegreatdivide on Jun 14th, 2024 at 12:57pm

Frank wrote on Jun 14th, 2024 at 11:39am:
One thing, and one thing only, keeps people trapped in the kind of poverty of mind where they don't feed their children properly even when they could, and shit in their own stairwells. It's a lack of ownership; a lack of self-reliance.


Wrong, only vicious, survival of the fittest, winner takes all ignoramuses blame poverty on its victims. eg, Tesla's shareholders have some doubts (!) about Musk's latest wage claim ($45 billion - yes. that's a 'b' ....) while people are sleeping in tents on Silicon Valley's streets. 


Quote:
It's a lack of the very concept of self-reliance. It's an idea that the mere thought that they should be self-reliant is immoral, evil, callous and cruel. And though this idea is gibbered out by halfwits like TGD, it actually derives from Polly Toynbee.


Sheer evil narrative from a blind ignorant "freedom or death" ideologue. Slaves don't need to die, they need to be free. And your disgusting poverty industry (aka "welfare") is evil and cruel - you have  it back to front as usual, blaming the slaves rather than the  managers who  control an evil system designed to keep the managers rich.


Quote:
...growing inequality multiplies all these problems


Which is correct: the US ("beacon on the hill") is on the verge of social collapse; and only yesterday Antonio Gutarres noted the global financial system is no longer  fit for purpose as many nations are drowning in debt and can't fund necessary public services, while the rich keep increasing their wealth to astronomical levels ( anyone for Musk's wage?...)

[For a while China was able to reduce poverty at the fastest rate in history, until the US had to 'intervene' to stop it.....] 


Quote:
What multiplies them is continued state intervention in and control over these people's lives.


Refuted above; state intervention can produce spectacular results (as in China 1990 - 2015).


Quote:
They shit in stairwells because they don't own the stairwells and they don't feel responsible for keeping them clean. The same people will complain that the council are slow to disinfect them, before they shit in them again.[/url]


Your evil narrative; while home-ownership is plummeting in Oz, China produces too many houses - and also developed the world's affordable EVs. 


Quote:
I don't know this because I've held focus groups; I know it because I've lived there and seen it. I have seen someone whose father sent him to school from a tower block in Walworth with the carving knife to stab a boy who was bullying him (which he did) buy a house and take his kids on holidays through sheer hard work, and I've seen middle-class lefties spend decades on the dole.


Er.... middle class people don't spend "decades on the dole", welfare dependent people do - the result of an evil neoliberal economic orthodoxy.   


Quote:
Telling people who are institutionalised into dependency that it's all the fault of unequal income distribution, that they are victims and that their salvation lies in more government money is hideously cruel, for all the fatuous false moral posturing of Toynbee and her carpet-brained acolytes.


It is true that the Guardian's solution for unequal income is to increase taxation - a non-starter because politicians have to get elected. 

The actual solution is a  guaranteed job with a minimum  above-poverty-level wage, regardless of  the market- economy employment cycles. 


Quote:
and a broadening of the base of the state on which they depend and through which they thrive.


When the currency-issuing state can fund itself without taxing or borrowing,  the state wil actually shrink as the illness, "corrections", and povetry-industry ("welfare") bureaucracies  shrink.


Quote:
The answer lies not in the redistribution of wealth, but in the creation of wealth, by the poorest, for the poorest - for themselves.


Ah - I've always wondered why pollies bleat about 'increasing the size of the cake' - but never achieve it.


Quote:
For that to happen, the state needs to get out of the way, not just by intervening less with "help", but also by hindering less with regulations and taxes.


A narrative predicated on the currency-issuing state being forced to tax or borrow, as noted above.


Quote:
Taking money from the poorest, then giving it back to them in housing subsidies, tax credits and income supplements is grotesque[quote]

Er... people forced to subsist on the dole don't pay tax.

[quote]the focus should be on removing barriers to work and self-employment.


Note; Bezos didn't face barriers to work, and now he is pauperizing retailers all around the neoliberal global economy who can't compete with him. The barriers the unemployed face are systemic, not of their own making. 


Quote:
And that's the really unforgivable aspect of this: the sense that the unconscionable cruelty of keeping these people trapped is motivated in part by the self-interest of the advocates of statism.


Wrong of course; the advocates of "statism" want to ameliorate  the evil outcomes of the privatized neoliberal economy;  eg Bezos and Musk are now wealthier than half the world's nations, in a global housing and cost of living crisis. 

Title: Re: privatisation
Post by chimera on Jun 14th, 2024 at 1:11pm
China has 814 billionaires, the most in the world, according to the Hurun Global Rich List 2024.

Title: Re: privatisation
Post by thegreatdivide on Jun 16th, 2024 at 12:28pm

chimera wrote on Jun 14th, 2024 at 1:11pm:
China has 814 billionaires, the most in the world, according to the Hurun Global Rich List 2024.


Yes I saw that list: the US (with a quarter of the population) has 800 billionaires, an increase over the previous year, while China's 814 was a decrease over the previous year, as the US's "decoupling" efforts are hindering China's rise; and China has it's own self-inflicted wounds caused by unregulated free market activity in real estate as a result of regarding houses as private investment vehicles  (sound familiar?...)  rather than a public necessity for living in.








Title: Re: privatisation
Post by thegreatdivide on Jul 1st, 2024 at 4:59pm
John Quiggins facing up to the limits of private sector 'market friendly' privatization: 

https://theconversation.com/achieving-net-zero-with-renewables-or-nuclear-means-rebuilding-the-hollowed-out-public-service-after-decades-of-cuts-233107

Achieving net zero with renewables or nuclear means rebuilding the hollowed-out public service after decades of cuts

Opposition Leader Peter Dutton’s plan to build seven nuclear power plants in Australia has attracted plenty of critical attention. But there’s a striking feature which has received relatively little discussion or criticism: the nuclear plants would be publicly owned and operated, similar to the National Broadband Network (NBN).

On the contrary, it received enthusiastic endorsement from free-market advocates such as The Australian’s Judith Sloan, who observed: “It’s how the French nuclear plants were first constructed.” It is also the way Australia built its biggest single piece of energy infrastructure, the Snowy Mountains Scheme.

But there’s a fundamental problem here. Over the last three or four decades the federal public service has been hollowed out in the name of “new public management”. This became very clear during the COVID pandemic, when state governments – who have preserved their ability to act far better – ran most of the response. There is a very real question over whether we have the governmental capacity to achieve net zero.


(see more in the linked article)

Title: Re: privatisation
Post by Frank on Jul 1st, 2024 at 7:42pm

thegreatdivide wrote on Jul 1st, 2024 at 4:59pm:
John Quiggins facing up to the limits of private sector 'market friendly' privatization: 

https://theconversation.com/achieving-net-zero-with-renewables-or-nuclear-means-rebuilding-the-hollowed-out-public-service-after-decades-of-cuts-233107

Achieving net zero with renewables or nuclear means rebuilding the hollowed-out public service after decades of cuts

Opposition Leader Peter Dutton’s plan to build seven nuclear power plants in Australia has attracted plenty of critical attention. But there’s a striking feature which has received relatively little discussion or criticism: the nuclear plants would be publicly owned and operated, similar to the National Broadband Network (NBN).

On the contrary, it received enthusiastic endorsement from free-market advocates such as The Australian’s Judith Sloan, who observed: “It’s how the French nuclear plants were first constructed.” It is also the way Australia built its biggest single piece of energy infrastructure, the Snowy Mountains Scheme.

But there’s a fundamental problem here. Over the last three or four decades the federal public service has been hollowed out in the name of “new public management”. This became very clear during the COVID pandemic, when state governments – who have preserved their ability to act far better – ran most of the response. There is a very real question over whether we have the governmental capacity to achieve net zero.


(see more in the linked article)

Silly nonsense by a tenured academic on $280k.


Title: Re: privatisation
Post by thegreatdivide on Jul 2nd, 2024 at 12:13pm

Frank wrote on Jul 1st, 2024 at 7:42pm:

thegreatdivide wrote on Jul 1st, 2024 at 4:59pm:
John Quiggins facing up to the limits of private sector 'market friendly' privatization: 

https://theconversation.com/achieving-net-zero-with-renewables-or-nuclear-means-rebuilding-the-hollowed-out-public-service-after-decades-of-cuts-233107

Achieving net zero with renewables or nuclear means rebuilding the hollowed-out public service after decades of cuts

Opposition Leader Peter Dutton’s plan to build seven nuclear power plants in Australia has attracted plenty of critical attention. But there’s a striking feature which has received relatively little discussion or criticism: the nuclear plants would be publicly owned and operated, similar to the National Broadband Network (NBN).

On the contrary, it received enthusiastic endorsement from free-market advocates such as The Australian’s Judith Sloan, who observed: “It’s how the French nuclear plants were first constructed.” It is also the way Australia built its biggest single piece of energy infrastructure, the Snowy Mountains Scheme.

But there’s a fundamental problem here. Over the last three or four decades the federal public service has been hollowed out in the name of “new public management”. This became very clear during the COVID pandemic, when state governments – who have preserved their ability to act far better – ran most of the response. There is a very real question over whether we have the governmental capacity to achieve net zero.


(see more in the linked article)

Silly nonsense by a tenured academic on $280k.


Er...you didn't even attempt to identify his "nonsense", let alone refute it.



Title: Re: privatisation
Post by thegreatdivide on Feb 19th, 2025 at 5:09pm
(AAP)

Steelworks forced into administration to 'save' future

The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged "one of the most comprehensive industry support packages that this nation has ever seen".

The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.

Standing orders were suspended in parliament on Wednesday for the legislation to pass the lower and upper houses.

"GFG is no longer running the steelworks and associated mines," Premier Peter Malinauskas said.

GFG has been under intense pressure from the government to pay debts to creditors of the Whyalla Steelworks and the state, which is owed "tens of millions of dollars", including $15 million to SA Water.

Mr Malinauskas said the steelworks had been placed in the hands of an administrator to stabilise operations and explore a possible sale.

"It is unacceptable for such an important critical piece of economic infrastructure for the nation to be in a situation where its ongoing operations are so severely compromised," he said.

In Whyalla on Thursday, he would announce "one of the most comprehensive industry support packages that this nation has ever seen".

"Our mind turns to providing support for the industry and for the people that work within it, to be able to secure sovereign steel making in this country, not a bailout for GFG," the premier said.

The state has appointed KordaMentha as an administrator of OneSteel Manufacturing Pty Ltd under section 436C of the Corporations Act 2001.

OneSteel is part of the GFG corporate group and is the legal entity that owns and operates the Whyalla steelworks and associated mines.

KordaMentha has advised the  government it intends to appoint an experienced special adviser to assist the administration and is engaging with parties including BlueScope.

The administrator is fully funded "and that will mean that bills get paid", Mr Malinauskas said.

The move comes after months of uncertainty at the steelworks and reassurances from its chairman, UK billionaire Sanjeev Gupta.

Last Friday, Mr Gupta said a debt settlement deal had been reached with creditors of global financier Greensill Capital, which had advanced billions of dollars in credit to GFG  before it collapsed in 2021.

This week, he said the steelworks was turning over $13-$14 million a week and hoped to be breaking even by mid-year.

The company announced in January the plant had cast its first steel following a four-month shutdown that halted  production and cost the company millions of dollars.

Minister for Energy and Mining Tom Koutsantonis said that since 2017-18, GFG had iron ore sales values totalling $7.825 billion from its SA operations and steel sales of $4.8 billion since 2019-20.

"In the same period, we have seen nearly $800 million sent offshore … this is not a Whyalla problem - it is a GFG problem," he said.

Opposition Leader Vincent Tarzia said the government was in chaos and Mr Malinauskas was scrambling because he had allowed the situation to spiral.

"Peter Malinauskas has just fired a cannonball through the heart of the South Australian economy and left a mess for future generations to clean up," he said.

A report from the McKell Institute's SA branch released on Wednesday said Australia would become "dangerously dependent" on Chinese steel imports if the steelworks were to fail.

"That would leave us completely exposed to coercion from strategic adversaries," chief executive Ed Cavanough said.

"The Whyalla Steelworks (are) the only manufacturer of 'long steel' products which are core inputs into Australia's transport, construction and manufacturing industries."


....

Another example of private enterprise failing to successfully operate an essential business. 

The usual suspects are already squawking: "the government shouldn't get invloved, let the market sort it out"...but even Trump knows markets don't always work and government intervention is necessary (hence his much-reviled tariffs....).

Tarzia of course is merely squawking hot air; he says the government should have intervened long ago "to prevent the situation from spiralling out of control" forgetting such a move is against Liberal free-market ideology.

Rex Patrick is right: the fedeal government should own and invest 3-4 billion in this vital industry, a key part of Oz plans to be a  green steel exporter, using the excellent hematite ore near Whyalla with its developed infrastrucure (ports, transport links etc) and renewable energy resources (sun/wind).




Title: Re: privatisation
Post by lee on Feb 19th, 2025 at 5:35pm

thegreatdivide wrote on Feb 19th, 2025 at 5:09pm:
Rex Patrick is right: the fedeal government should own and invest 3-4 billion in this vital industry, a key part of Oz plans to be a  green steel exporter, using the excellent hematite ore near Whyalla with its developed infrastrucure (ports, transport links etc) and renewable energy resources (sun/wind).



Poor tgd, still hasn't got the message "green steel" is a non-starter. Sun and wind don't provide enough dispatchable energy. It varies too much. "Green hydrogen" also is a loss maker. Even with tax credits (subsidies). ::)

Title: Re: Modern Monetary Theory (MMT)
Post by Daves2017 on Feb 19th, 2025 at 6:10pm

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


What businesses do you think the government should be running?

Title: Re: privatisation
Post by Grappler Deep State Feller on Feb 19th, 2025 at 6:15pm
The alpha steel works manager leaps out of bed with a plan - he sees the golden opportunity in front of him - and sets about working out the nuts and bolts of a full re-tooling of the steelmaking enterprise with totally up to date cutting edge equipment and processes, while getting the pumps going to pour cold water on politicians with their dreamy ideas to wake them up, and letting them know that a huge Outback rail network to bring raw materials to productions site and move finished products to where they are put to use in ship-building, next stage processing into daily use goods etc like iron for building ... is a national MUST, and that new cities should rise on the ashes (sic) of the old foundries, all built around the most modern technology, planning and energy-saving measures, so that the Australian steel industry - value adding its own raw materials, will rise like a phoenix in the flames of new foundries creating employment and value adding for the nation as a whole....

(pauses for breath) .....

Title: Re: Modern Monetary Theory (MMT)
Post by freediver on Feb 20th, 2025 at 10:05am

Daves2017 wrote on Feb 19th, 2025 at 6:10pm:

freediver wrote on Apr 10th, 2022 at 7:53pm:
For far more fundamental reasons - the government should not be running these businesses in the first place.


What businesses do you think the government should be running?


None that come to mind.

Title: Re: privatisation
Post by Gnads on Feb 20th, 2025 at 10:14am

thegreatdivide wrote on Feb 19th, 2025 at 5:09pm:
(AAP)

Steelworks forced into administration to 'save' future

The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged "one of the most comprehensive industry support packages that this nation has ever seen".

The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.

Standing orders were suspended in parliament on Wednesday for the legislation to pass the lower and upper houses.

"GFG is no longer running the steelworks and associated mines," Premier Peter Malinauskas said.

GFG has been under intense pressure from the government to pay debts to creditors of the Whyalla Steelworks and the state, which is owed "tens of millions of dollars", including $15 million to SA Water.

Mr Malinauskas said the steelworks had been placed in the hands of an administrator to stabilise operations and explore a possible sale.

"It is unacceptable for such an important critical piece of economic infrastructure for the nation to be in a situation where its ongoing operations are so severely compromised," he said.

In Whyalla on Thursday, he would announce "one of the most comprehensive industry support packages that this nation has ever seen".

"Our mind turns to providing support for the industry and for the people that work within it, to be able to secure sovereign steel making in this country, not a bailout for GFG," the premier said.

The state has appointed KordaMentha as an administrator of OneSteel Manufacturing Pty Ltd under section 436C of the Corporations Act 2001.

OneSteel is part of the GFG corporate group and is the legal entity that owns and operates the Whyalla steelworks and associated mines.

KordaMentha has advised the  government it intends to appoint an experienced special adviser to assist the administration and is engaging with parties including BlueScope.

The administrator is fully funded "and that will mean that bills get paid", Mr Malinauskas said.

The move comes after months of uncertainty at the steelworks and reassurances from its chairman, UK billionaire Sanjeev Gupta.

Last Friday, Mr Gupta said a debt settlement deal had been reached with creditors of global financier Greensill Capital, which had advanced billions of dollars in credit to GFG  before it collapsed in 2021.

This week, he said the steelworks was turning over $13-$14 million a week and hoped to be breaking even by mid-year.

The company announced in January the plant had cast its first steel following a four-month shutdown that halted  production and cost the company millions of dollars.

Minister for Energy and Mining Tom Koutsantonis said that since 2017-18, GFG had iron ore sales values totalling $7.825 billion from its SA operations and steel sales of $4.8 billion since 2019-20.

"In the same period, we have seen nearly $800 million sent offshore … this is not a Whyalla problem - it is a GFG problem," he said.

Opposition Leader Vincent Tarzia said the government was in chaos and Mr Malinauskas was scrambling because he had allowed the situation to spiral.

"Peter Malinauskas has just fired a cannonball through the heart of the South Australian economy and left a mess for future generations to clean up," he said.

A report from the McKell Institute's SA branch released on Wednesday said Australia would become "dangerously dependent" on Chinese steel imports if the steelworks were to fail.

"That would leave us completely exposed to coercion from strategic adversaries," chief executive Ed Cavanough said.

"The Whyalla Steelworks (are) the only manufacturer of 'long steel' products which are core inputs into Australia's transport, construction and manufacturing industries."


....

Another example of private enterprise failing to successfully operate an essential business. 

The usual suspects are already squawking: "the government shouldn't get invloved, let the market sort it out"...but even Trump knows markets don't always work and government intervention is necessary (hence his much-reviled tariffs....).

Tarzia of course is merely squawking hot air; he says the government should have intervened long ago "to prevent the situation from spiralling out of control" forgetting such a move is against Liberal free-market ideology.

Rex Patrick is right: the fedeal government should own and invest 3-4 billion in this vital industry, a key part of Oz plans to be a  green steel exporter, using the excellent hematite ore near Whyalla with its developed infrastrucure (ports, transport links etc) and renewable energy resources (sun/wind).



;D If the renewable energy system was so good/reliable why doesn't Peter Malinauskas go to the SA/Victorian border an switch off the interconnector to the Victorian grid?

That's right - he's not game because in reality Victorian brown coal is still powering Sth Australias economy & industry like the Whyalla Steel works.

Title: Re: privatisation
Post by thegreatdivide on Feb 20th, 2025 at 3:29pm

Gnads wrote on Feb 20th, 2025 at 10:14am:

thegreatdivide wrote on Feb 19th, 2025 at 5:09pm:
(AAP)

Steelworks forced into administration to 'save' future

The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged "one of the most comprehensive industry support packages that this nation has ever seen".

The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.
.....
Mr Malinauskas said the steelworks had been placed in the hands of an administrator to stabilise operations and explore a possible sale.

"It is unacceptable for such an important critical piece of economic infrastructure for the nation to be in a situation where its ongoing operations are so severely compromised," he said.

In Whyalla on Thursday, he would announce "one of the most comprehensive industry support packages that this nation has ever seen".

"Our mind turns to providing support for the industry and for the people that work within it, to be able to secure sovereign steel making in this country, not a bailout for GFG," the premier said.

The state has appointed KordaMentha as an administrator of OneSteel Manufacturing Pty Ltd under section 436C of the Corporations Act 2001.

OneSteel is part of the GFG corporate group and is the legal entity that owns and operates the Whyalla steelworks and associated mines.

KordaMentha has advised the  government it intends to appoint an experienced special adviser to assist the administration and is engaging with parties including BlueScope.

The administrator is fully funded "and that will mean that bills get paid", Mr Malinauskas said.

The move comes after months of uncertainty at the steelworks and reassurances from its chairman, UK billionaire Sanjeev Gupta.

Last Friday, Mr Gupta said a debt settlement deal had been reached with creditors of global financier Greensill Capital, which had advanced billions of dollars in credit to GFG  before it collapsed in 2021.

This week, he said the steelworks was turning over $13-$14 million a week and hoped to be breaking even by mid-year.

The company announced in January the plant had cast its first steel following a four-month shutdown that halted  production and cost the company millions of dollars.

Minister for Energy and Mining Tom Koutsantonis said that since 2017-18, GFG had iron ore sales values totalling $7.825 billion from its SA operations and steel sales of $4.8 billion since 2019-20.

"In the same period, we have seen nearly $800 million sent offshore … this is not a Whyalla problem - it is a GFG problem," he said.

Opposition Leader Vincent Tarzia said the government was in chaos and Mr Malinauskas was scrambling because he had allowed the situation to spiral.

"Peter Malinauskas has just fired a cannonball through the heart of the South Australian economy and left a mess for future generations to clean up," he said.

A report from the McKell Institute's SA branch released on Wednesday said Australia would become "dangerously dependent" on Chinese steel imports if the steelworks were to fail.

"That would leave us completely exposed to coercion from strategic adversaries," chief executive Ed Cavanough said.

"The Whyalla Steelworks (are) the only manufacturer of 'long steel' products which are core inputs into Australia's transport, construction and manufacturing industries."


....

Another example of private enterprise failing to successfully operate an essential business. 

The usual suspects are already squawking: "the government shouldn't get invloved, let the market sort it out"...but even Trump knows markets don't always work and government intervention is necessary (hence his much-reviled tariffs....).

Tarzia of course is merely squawking hot air; he says the government should have intervened long ago "to prevent the situation from spiralling out of control" forgetting such a move is against Liberal free-market ideology.

Rex Patrick is right: the fedeal government should own and invest 3-4 billion in this vital industry, a key part of Oz plans to be a  green steel exporter, using the excellent hematite ore near Whyalla with its developed infrastrucure (ports, transport links etc) and renewable energy resources (sun/wind).
If the renewable energy system was so good/reliable why doesn't Peter Malinauskas go to the SA/Victorian border an switch off the interconnector to the Victorian grid?


Er...a renewable energy grid depends on 'collecting' sun and wind from the largest possible area (including the nations' rooftops tops) requiring an [b]inteconnected" grid to allow for changing local weather conditions.   


Quote:
That's right - he's not game because in reality Victorian brown coal is still powering Sth Australias economy & industry like the Whyalla Steel works.


Sometimes SA has excess power it can deliver to the East, even before the necessary big batteries are commissioned in SA and across the nation.

Title: Re: privatisation
Post by thegreatdivide on Feb 20th, 2025 at 3:38pm

Grappler Truth Teller wrote on Feb 19th, 2025 at 6:15pm:
The alpha steel works manager leaps out of bed with a plan - he sees the golden opportunity in front of him - and sets about working out the nuts and bolts of a full re-tooling of the steelmaking enterprise with totally up to date cutting edge equipment and processes, while getting the pumps going to pour cold water on politicians with their dreamy ideas to wake them up, and letting them know that a huge Outback rail network to bring raw materials to productions site and move finished products to where they are put to use in ship-building, next stage processing into daily use goods etc like iron for building ... is a national MUST, and that new cities should rise on the ashes (sic) of the old foundries, all built around the most modern technology, planning and energy-saving measures, so that the Australian steel industry - value adding its own raw materials, will rise like a phoenix in the flames of new foundries creating employment and value adding for the nation as a whole....

(pauses for breath) .....


Now that you have paused for a breathe: should the new manager of this enterprise we all agree is vital for Oz, (except for some blind 'free market'-ideologue losers like FD) - should the manager be the government or the private sector?

Which boils down to: who will reap the profits from this vital national-wealth-creating enterprise? 

Title: Re: privatisation
Post by lee on Feb 20th, 2025 at 4:16pm

thegreatdivide wrote on Feb 20th, 2025 at 3:29pm:
Er...a renewable energy grid depends on 'collecting' sun and wind from the largest possible area (including the nations' rooftops tops) requiring an [b]inteconnected" grid to allow for changing local weather conditions.   



Ahuh. Drag those solar panels and wind farms to where the sun is shining and the wind is blowing... "it is blowing or shining somewhere". ::)

I see that despite GFG not paying taxes, the Labour governments want to fund Whyalla Steel to continue. I wonder if the new company will get the not paid tax credits? ::)

"The federal and South Australian governments will tip in $2.4 billion for upgrades to the Whyalla steelworks and other short-term support to lure a new buyer and put the manufacturing operation back on a sustainable footing."

https://www.afr.com/politics/federal/whyalla-steelworks-gets-2-4b-bailout-20250220-p5ldmj

"The current scale of the Whyalla steelworks, about 1.2 million tonnes of raw steel per year, is simply too small to be competitive. It is operating in a market where plants producing more than 3 million tonnes per year are common."

https://theconversation.com/with-whyalla-steelworks-forced-into-administration-australia-has-crucial-decisions-to-make-on-the-future-of-its-steel-industry-250317

Title: Re: privatisation
Post by thegreatdivide on Feb 20th, 2025 at 5:02pm

lee wrote on Feb 20th, 2025 at 4:16pm:

thegreatdivide wrote on Feb 20th, 2025 at 3:29pm:
Er...a renewable energy grid depends on 'collecting' sun and wind from the largest possible area (including the nations' rooftops) requiring an inteconnected grid to allow for changing local weather conditions.   



Ahuh. Drag those solar panels and wind farms to where the sun is shining and the wind is blowing... "it is blowing or shining somewhere". ::)
 

Poor crippled brain lee shows up:  no need to "drag"  anything, you build it where required.


Quote:
I see that despite GFG not paying taxes, the Labour governments want to fund Whyalla Steel to continue. I wonder if the new company will get the not paid tax credits? ::)


GFG are a defunct private company; governments can deficit spend, to grow the economy. 


Quote:
"The federal and South Australian governments will tip in $2.4 billion for upgrades to the Whyalla steelworks and other short-term support to lure a new buyer and put the manufacturing operation back on a sustainable footing."


An excellent course of action - for the nation, as well the people of Whyalla who are  very relieved and happy with today's announcement.

Only lee iand other freemarket ideologues are complaining - even Dutton is on board.


Quote:
https://www.afr.com/politics/federal/whyalla-steelworks-gets-2-4b-bailout-20250220-p5ldmj

"The current scale of the Whyalla steelworks, about 1.2 million tonnes of raw steel per year, is simply too small to be competitive. It is operating in a market where plants producing more than 3 million tonnes per year are common."


Ah -  free market ideology gone mad: Oz itself is "too small" to "be competitve" in the production of many vital goods, in today's global economy.

So apart from mining and farming - what else? 



Title: Re: privatisation
Post by lee on Feb 20th, 2025 at 5:21pm

thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
no need to "drag"  anything, you build it where required.



That doesn't overcome the problem of the sun not shining, or the wind not blowing where you have them. ::)


thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
GFG are a defunct private company; governments can deficit spend, to grow the economy. 


And if there is no new company after the spend? Who holds that bucket of shite... the taxpayer. There is no requirement for a new company to grow the business. ::)


thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
An excellent course of action - for the nation, as well the people of Whyalla who are  very relieved and happy with today's announcement.


Until such time as it turns to shite. But they will be happy until then. ::)


thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
Only lee iand other freemarket ideologues are complaining - even Dutton is on board.



Just another Politician scrambling to get elected. ::)


thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
Ah -  free market ideology gone mad: Oz itself is "too small" to "be competitve" in the production of many vital goods, in today's global economy.


Yes. Cars, televisions, steel. So what you want is a massive tariff overhaul to make imported goods more expensive than locally produced goods. ::)

But lovely China will provide. /sarc 8-)



thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
So apart from mining and farming - what else?



Nothing that comes from the Green Wet Dream, that only makes goods more expensive. Just why are subsidies so high for renewables? ::)

Remember that thing about South Australia having 7 day solar and wind droughts? How big a battery would you need to for a new steel plant as well as the ongoing electrification of SA. You know removing gas, more EV's on the road, more "efficient" washers that don't wash as hot, but then need to be washed twice. Those kinds of things. ::)

Title: Re: privatisation
Post by lee on Feb 20th, 2025 at 5:34pm
BTW - Did you see Climate Change  (AGW) seems to be slowing wind speeds in Europe. Should it not apply in Australia also?

"Global warming is driving down wind speeds during European summers, putting additional stress on the region’s energy systems as soaring temperatures boost cooling demand, new research shows.

That phenomenon — known as “stilling” — is driven by amplified warming of both the land and the troposphere, the layer of atmosphere closest to the earth’s surface, said lead researcher Gan Zhang, a climate scientist and professor at the University of Illinois Urbana-Champaign.

The decline in wind speeds, which is also occurring in other northern mid-latitude regions such as North America, is projected to be less than 5% over the period from 2021 to 2050. But even small drops translate into major swings in wind power generation, according to Zhang."

https://www.bloomberg.com/news/articles/2025-02-17/global-warming-could-be-making-it-less-windy-in-europe?embedded-checkout=true

or

https://iopscience.iop.org/article/10.1088/1748-9326/adb1f8

Title: Re: privatisation
Post by Gnads on Feb 21st, 2025 at 10:14am

thegreatdivide wrote on Feb 20th, 2025 at 3:29pm:

Gnads wrote on Feb 20th, 2025 at 10:14am:

thegreatdivide wrote on Feb 19th, 2025 at 5:09pm:
(AAP)

Steelworks forced into administration to 'save' future

The Whyalla Steelworks has been placed into administration after the South Australian government rushed legislation through parliament and pledged "one of the most comprehensive industry support packages that this nation has ever seen".

The move gives the government authority to act on debts owed by GFG Alliance and secure the future of the mid-north operations.
.....
Mr Malinauskas said the steelworks had been placed in the hands of an administrator to stabilise operations and explore a possible sale.

"It is unacceptable for such an important critical piece of economic infrastructure for the nation to be in a situation where its ongoing operations are so severely compromised," he said.

In Whyalla on Thursday, he would announce "one of the most comprehensive industry support packages that this nation has ever seen".

"Our mind turns to providing support for the industry and for the people that work within it, to be able to secure sovereign steel making in this country, not a bailout for GFG," the premier said.

The state has appointed KordaMentha as an administrator of OneSteel Manufacturing Pty Ltd under section 436C of the Corporations Act 2001.

OneSteel is part of the GFG corporate group and is the legal entity that owns and operates the Whyalla steelworks and associated mines.

KordaMentha has advised the  government it intends to appoint an experienced special adviser to assist the administration and is engaging with parties including BlueScope.

The administrator is fully funded "and that will mean that bills get paid", Mr Malinauskas said.

The move comes after months of uncertainty at the steelworks and reassurances from its chairman, UK billionaire Sanjeev Gupta.

Last Friday, Mr Gupta said a debt settlement deal had been reached with creditors of global financier Greensill Capital, which had advanced billions of dollars in credit to GFG  before it collapsed in 2021.

This week, he said the steelworks was turning over $13-$14 million a week and hoped to be breaking even by mid-year.

The company announced in January the plant had cast its first steel following a four-month shutdown that halted  production and cost the company millions of dollars.

Minister for Energy and Mining Tom Koutsantonis said that since 2017-18, GFG had iron ore sales values totalling $7.825 billion from its SA operations and steel sales of $4.8 billion since 2019-20.

"In the same period, we have seen nearly $800 million sent offshore … this is not a Whyalla problem - it is a GFG problem," he said.

Opposition Leader Vincent Tarzia said the government was in chaos and Mr Malinauskas was scrambling because he had allowed the situation to spiral.

"Peter Malinauskas has just fired a cannonball through the heart of the South Australian economy and left a mess for future generations to clean up," he said.

A report from the McKell Institute's SA branch released on Wednesday said Australia would become "dangerously dependent" on Chinese steel imports if the steelworks were to fail.

"That would leave us completely exposed to coercion from strategic adversaries," chief executive Ed Cavanough said.

"The Whyalla Steelworks (are) the only manufacturer of 'long steel' products which are core inputs into Australia's transport, construction and manufacturing industries."


....

Another example of private enterprise failing to successfully operate an essential business. 

The usual suspects are already squawking: "the government shouldn't get invloved, let the market sort it out"...but even Trump knows markets don't always work and government intervention is necessary (hence his much-reviled tariffs....).

Tarzia of course is merely squawking hot air; he says the government should have intervened long ago "to prevent the situation from spiralling out of control" forgetting such a move is against Liberal free-market ideology.

Rex Patrick is right: the fedeal government should own and invest 3-4 billion in this vital industry, a key part of Oz plans to be a  green steel exporter, using the excellent hematite ore near Whyalla with its developed infrastrucure (ports, transport links etc) and renewable energy resources (sun/wind).
If the renewable energy system was so good/reliable why doesn't Peter Malinauskas go to the SA/Victorian border an switch off the interconnector to the Victorian grid?


Er...a renewable energy grid depends on 'collecting' sun and wind from the largest possible area (including the nations' rooftops tops) requiring an [b]inteconnected" grid to allow for changing local weather conditions.   


Quote:
That's right - he's not game because in reality Victorian brown coal is still powering Sth Australias economy & industry like the Whyalla Steel works.


Sometimes SA has excess power it can deliver to the East, even before the necessary big batteries are commissioned in SA and across the nation.


Durrrrh  ::)

SA very rarely has any excess that goes to the east.

BIG BATTERIES - will only ever be short term(a couple of hours if that) supplemental and frequency stabilizers.

You have to cover the whole state with panels & turbines just to power Adelaide. ::)

Title: Re: privatisation
Post by thegreatdivide on Feb 21st, 2025 at 10:34am

lee wrote on Feb 20th, 2025 at 5:21pm:

thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
That doesn't overcome the problem of the sun not shining, or the wind not blowing where you have them. ::)


Low IQ comment: that's why the country-wide  interconnected grid is necessary.


Quote:
And if there is no new company after the spend?


Low IQ question: a latest tech steel-producer will exist, regardless of who owns it, being vital national infrastructure.   

[quote]Until such time as it turns to shite. But they will be happy until then. ::)


Er - Oz scientists and engineers know how to create the best quality steel, regardless of market failure due to 'economies of scale' which are irrelevant in the case of vital national industries. 


Quote:
Just another Politician scrambling to get elected. ::)


Such are the stupidities of 50% +1 democratic politics.


Quote:
Cars, televisions, steel. So what you want is a massive tariff overhaul to make imported goods more expensive than locally produced goods. ::)


Low IQ distortion of what I said, namely,  supporting value-adding in Oz,  the world's largest exporter of iron ore  and coking coal. Paris is summoning....


Quote:
But lovely China will provide. /sarc 8-)


Low IQ lee can't even see when he contradicts himself; indeed China can produce all the steel the world needs, at the lowest price;  and if 'free-market' lee had his way, other steel manufacturers around the world would certainly disapppear.   


Quote:
Nothing that comes from the Green Wet Dream, that only makes goods more expensive. Just why are subsidies so high for renewables? ::)


The Paris Agreement needs to be implemented, despite lee's disinformation campaign.


Quote:
Remember that thing about South Australia having 7 day solar and wind droughts? How big a battery would you need to for a new steel plant as well as the ongoing electrification of SA.


Low IQ; hence the state interconnectors -  dummy.

And yes, we should be begin  a nuclear industry in Oz, to reduce reliance on big batteries, while rolling out renewables/exiting coal ASAP, a much better use of Oz resources than building useless nuclear subs, if it comes down to allocation of available resources and a skilled workforce. 

Meanwhile, even Dutton knows he can pay for nuclear - governments can deficit spend. 



Title: Re: privatisation
Post by lee on Feb 21st, 2025 at 12:54pm

thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
that's why the country-wide  interconnected grid is necessary.



Oh now it needs to be country wide. You do know the distances involved? North to South, East to West - all those interconnectors, transmission lines for Weather Dependant Renewables. And of course then comes the cost of maintenance, large country, large expense to service. You really have no clue apart from "it sounds good, let's do it". ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
a latest tech steel-producer will exist, regardless of who owns it, being vital national infrastructure.   


No, That is an assumption. ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
Er - Oz scientists and engineers know how to create the best quality steel, regardless of market failure due to 'economies of scale' which are irrelevant in the case of vital national industries. 


So it is irrelevant what it costs because some poor bastard, with limited understaning, like you, will buy it. ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
Such are the stupidities of 50% +1 democratic politics.


And that's why you LURVE the Chinese, democracy be damned. 8-)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
supporting value-adding in Oz,  the world's largest exporter of iron ore  and coking coal.



So what would the tariffs have to be to support this industry. It can't clearly be none, as the product with a small maunfacturing base will not be cost effective.

You still don't get it NO fossil fuels means NO coking coal. ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
lee can't even see when he contradicts himself;


No contradiction, that is where you future master want it.


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
indeed China can produce all the steel the world needs, at the lowest price;  and if 'free-market' lee had his way, other steel manufacturers around the world would certainly disapppear.



No because other countries have large bases, and then the costs of shipping are less for them. Have you worked out cost of shipping for Australian steel products? ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
The Paris Agreement needs to be implemented, despite lee's disinformation campaign.


The Paris Agreement is a non-binding agreement. It doesn't carry any penalties. You have let your deluded thoughts overcome any rationality. ::)


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
hence the state interconnectors


Yes South Australia has them and relies on them to exist. They get energy from brown coal, gas as well as the Weather Dependant Renewables.


thegreatdivide wrote on Feb 21st, 2025 at 10:34am:
Meanwhile, even Dutton knows he can pay for nuclear - governments can deficit spend.


Yes your MMT crap. Kumbaya. ;D ;D ;D ;D ;D

BTW - What is the cost of nuclear compared to the final cost of East Coast Weather Dependant Renewables again? Another $642 BILLION. Cheap if you say it fast. ;)

BTW- That cost from Frontier Economics was based on the AEMO Step Change scenario.

Here is the amount of country included in that plan.

https://aemo.com.au/newsroom/media-release/aemo-releases-30-year-electricity-market-roadmap

Title: Re: privatisation
Post by Dnarever on Feb 21st, 2025 at 9:25pm

lee wrote on Feb 20th, 2025 at 5:34pm:
BTW - Did you see Climate Change  (AGW) seems to be slowing wind speeds in Europe. Should it not apply in Australia also?

"Global warming is driving down wind speeds during European summers, putting additional stress on the region’s energy systems as soaring temperatures boost cooling demand, new research shows.

That phenomenon — known as “stilling” — is driven by amplified warming of both the land and the troposphere, the layer of atmosphere closest to the earth’s surface, said lead researcher Gan Zhang, a climate scientist and professor at the University of Illinois Urbana-Champaign.

The decline in wind speeds, which is also occurring in other northern mid-latitude regions such as North America, is projected to be less than 5% over the period from 2021 to 2050. But even small drops translate into major swings in wind power generation, according to Zhang."

https://www.bloomberg.com/news/articles/2025-02-17/global-warming-could-be-making-it-less-windy-in-europe?embedded-checkout=true

or

https://iopscience.iop.org/article/10.1088/1748-9326/adb1f8



Quote:
Should it not apply in Australia also?


Australia's dynamics are a lot different. We are surrounded by water. The temp difference and pressure between land and water is much more dynamic and reliable. It may apply to wind farms in the centre of Australia. If there are any.

Title: Re: privatisation
Post by thegreatdivide on Feb 22nd, 2025 at 2:33pm

lee wrote on Feb 21st, 2025 at 12:54pm:
Oh now it needs to be country wide.


Including micro grids with battery backup which may not need to be connected to the national grid.


Quote:
.... large expense to service. You really have no clue apart from "it sounds good, let's do it". ::)


Oz has the necessary resources and skills, "expense" is immaterial  to a currency-issuing government re funding essential projects. 


Quote:
TGD: a latest tech steel-producer will exist, regardless of who owns it.

No, That is an assumption. ::)


...according to a blind 'market' ideologue.


Quote:
So it is irrelevant what it costs because some poor bastard, with limited understaning, like you, will buy it. ::)


Says the blind market ideologue who insists cost effectiveness  and "market efficiencies" existing  in large-scale production  rule out small scale producers like Oz.


Quote:
And that's why you LURVE the Chinese, democracy be damned. 8-)


YOU condemned Dutton as another useless politician, dummy.


Quote:
So what would the tariffs have to be to support this industry. It can't clearly be none, as the product with a small maunfacturing base will not be cost effective.


See above, blind market dummy.


Quote:
You still don't get it NO fossil fuels means NO coking coal. ::)


Nonsense, do try to keep up.

https://www.dierk-raabe.com/green-steel-making-with-ammonia/#:~:text=To%20produce%20green%20steel%2C%20ammonia,)%20and%20water%20(H2O).

Green steel from ammonia-based direct reduction
In essence we have proven that ammonia-based direct reduction (ADR; via the hydrogen bound in it and releaed from it) is kinetically as effective for producing green iron as HyDR at 700 °C. The direct utilization of ammonia in the reduction process offers a process shortcut, alleviating the need for a preliminary ammonia cracking step into hydrogen and nitrogen. During the redox reaction, the gradually generated porous iron further catalyses the decomposition of ammonia at elevated temperatures, to release hydrogen for the reduction of iron oxides. This autocatalytic reaction provides a path to further efficiency gains and cost reductions. The in-situ nitriding from the process offers protection of the pure iron against environmental degradation that otherwise requires dedicated additional process steps that are energetically and logistically costly. Such a protective nitride phase can be completely dissolved and removed after a subsequent melting process. Thus, ADR provides a novel approach to deploying intermittent renewable energy for an unprecedented and disruptive technology transition toward sustainable metallurgical processes. With these benefits, it connects two of the currently most greenhouse gas intense industries (namely, steel and ammonia production industries) and opens a pathway to render them more environmentally benign and sustainable. At the same time, it can eliminate logistic and energetic disadvantages associated with the use of pure hydrogen, when it needs to be transported.


And yes, the methods for producing green ammonia also exist.


Quote:
No because other countries have large bases, and then the costs of shipping are less for them. Have you worked out cost of shipping for Australian steel products? ::)


Have you worked out why Trump thinks he has to slap tariffs on the entire globe, to save US steel manufacting?


Quote:
The Paris Agreement is a non-binding agreement. It doesn't carry any penalties. You have let your deluded thoughts overcome any rationality. ::)


"Non-binding" to delusional AGW climate deniers like you.


Quote:
Yes your MMT crap. Kumbaya. ;D ;D ;D ;D ;D


Wrong again, dummy: even Menzies funded the Snowy River Scheme with deficit spending.


Quote:
BTW - What is the cost of nuclear compared to the final cost of East Coast Weather Dependant Renewables again? Another $642 BILLION. Cheap if you say it fast. ;)


Stop worrying about "tax-payer money", dummy;  a currency-issuing government can issue government money  - or deficit spend (which is not the same thing),  to fund essential nation-building infrastructure.

Though Ken Henry in his latest article (see the latest article in the MMT thread) condemns politicians' failure to fund the budget 'properly' (!) through tax reform, making both parties responsible for "robbing  young taxpayers"...


Quote:
BTW- That cost from Frontier Economics was based on the AEMO Step Change scenario.


If AGW-CO2 climate change is real, then the necessary ("opportunity")  costs are irrelevant (for a currency-issuer).

The dummies at Frontier Economics are free market ideologues like you who can't undestand, or even conceive that "taxpayer money"  is different to government-issued  money

Yet unlike you, they at least recognise the need for climate action, funded via - you guesed it -  carbon taxes hated by politicians, and  most injurious to the poor.   





Title: Re: privatisation
Post by lee on Feb 22nd, 2025 at 2:45pm

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y

Title: Re: privatisation
Post by freediver on Feb 23rd, 2025 at 7:50am
SA is connected to the eastern seaboard electricity grid.

Title: Re: privatisation
Post by lee on Feb 23rd, 2025 at 12:54pm
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.

Title: Re: privatisation
Post by Dnarever on Feb 23rd, 2025 at 1:03pm

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 

Title: Re: privatisation
Post by Dnarever on Feb 23rd, 2025 at 1:05pm

lee wrote on Feb 23rd, 2025 at 12:54pm:
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.


Yes so they normally provide solar and wind power when it is available and have a backup supply available for when it isn't. I cannot see a problem here ?

Title: Re: privatisation
Post by Gnads on Feb 23rd, 2025 at 1:15pm

thegreatdivide wrote on Feb 21st, 2025 at 10:34am:

lee wrote on Feb 20th, 2025 at 5:21pm:

thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
That doesn't overcome the problem of the sun not shining, or the wind not blowing where you have them. ::)


Low IQ comment: that's why the country-wide  interconnected grid is necessary.


Quote:
And if there is no new company after the spend?


Low IQ question: a latest tech steel-producer will exist, regardless of who owns it, being vital national infrastructure.   

[quote]Until such time as it turns to shite. But they will be happy until then. ::)


Er - Oz scientists and engineers know how to create the best quality steel, regardless of market failure due to 'economies of scale' which are irrelevant in the case of vital national industries. 

[quote]Just another Politician scrambling to get elected. ::)


Such are the stupidities of 50% +1 democratic politics.


Quote:
Cars, televisions, steel. So what you want is a massive tariff overhaul to make imported goods more expensive than locally produced goods. ::)


Low IQ distortion of what I said, namely,  supporting value-adding in Oz,  the world's largest exporter of iron ore  and coking coal. Paris is summoning....


Quote:
But lovely China will provide. /sarc 8-)


Low IQ lee can't even see when he contradicts himself; indeed China can produce all the steel the world needs, at the lowest price;  and if 'free-market' lee had his way, other steel manufacturers around the world would certainly disapppear.   


Quote:
Nothing that comes from the Green Wet Dream, that only makes goods more expensive. Just why are subsidies so high for renewables? ::)


The Paris Agreement needs to be implemented, despite lee's disinformation campaign.


Quote:
Remember that thing about South Australia having 7 day solar and wind droughts? How big a battery would you need to for a new steel plant as well as the ongoing electrification of SA.


Low IQ; hence the state interconnectors -  dummy.

And yes, we should be begin  a nuclear industry in Oz, to reduce reliance on big batteries, while rolling out renewables/exiting coal ASAP, a much better use of Oz resources than building useless nuclear subs, if it comes down to allocation of available resources and a skilled workforce. 

Meanwhile, even Dutton knows he can pay for nuclear - governments can deficit spend. 


[/quote]

The interconnectors are so the states that are still generating reliable coal fired power can prop up those that have gone down the renewables path(Sth Aust) lock, stock & barrel to pull them out of the shyte.

SA has one distribution network – SA Power Networks. The average electricity rate for this network is 45.3c/kWh, making it the most expensive state for electricity in Australia.

Title: Re: privatisation
Post by freediver on Feb 23rd, 2025 at 1:24pm

lee wrote on Feb 23rd, 2025 at 12:54pm:
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.


Oh, the horror.

Title: Re: privatisation
Post by Gnads on Feb 23rd, 2025 at 1:25pm

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.

Title: Re: privatisation
Post by Gnads on Feb 23rd, 2025 at 1:27pm

freediver wrote on Feb 23rd, 2025 at 1:24pm:

lee wrote on Feb 23rd, 2025 at 12:54pm:
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.


Oh, the horror.



Do you actually have a point with that statement?  ::)

Because what the interconnector to SA shows is that it can not operate on it's renewables alone.

It still requires coal or gas fired generation to operate.

Title: Re: privatisation
Post by Dnarever on Feb 23rd, 2025 at 1:58pm

Gnads wrote on Feb 23rd, 2025 at 1:27pm:

freediver wrote on Feb 23rd, 2025 at 1:24pm:

lee wrote on Feb 23rd, 2025 at 12:54pm:
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.


Oh, the horror.



Do you actually have a point with that statement?  ::)

Because what the interconnector to SA shows is that it can not operate on it's renewables alone.

It still requires coal or gas fired generation to operate.


One of Lee's links shows the plan to use the Snowy scheme to supplement with hydro with a 100 year guarantee? Wind sun and water.

Title: Re: privatisation
Post by Dnarever on Feb 23rd, 2025 at 1:59pm

Gnads wrote on Feb 23rd, 2025 at 1:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.


It is when it is needed under 2% of the time.

Title: Re: privatisation
Post by lee on Feb 23rd, 2025 at 2:16pm

Dnarever wrote on Feb 23rd, 2025 at 1:59pm:
It is when it is needed under 2% of the time.


Now all you have to do is work how to make renewables work better than 98% of the time. Averages for a week or a month don't count. ;)

Title: Re: privatisation
Post by lee on Feb 23rd, 2025 at 2:19pm

Dnarever wrote on Feb 23rd, 2025 at 1:05pm:
Yes so they normally provide solar and wind power when it is available and have a backup supply available for when it isn't. I cannot see a problem here ?


You do know a goodly portion is fossil fuelled? ;D ;D ;D ;D

Title: Re: privatisation
Post by lee on Feb 23rd, 2025 at 2:25pm

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:
Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years.



You mean the Snowy 2.0 that still isn't completed, over time, over budget. Just how much will it cost and when will it come online? ::)

No impact? When AEMO warns of blackouts?

"The national energy market operator has issued new warnings of possible summer blackouts in coming years, due to delays in key transmission projects and looming retirements of coal generators. "

https://www.abc.net.au/news/2024-05-21/aemo-warns-of-increased-blackout-risks-over-coming-summers/103872480

You really don't pay much attention, do you? ;D ;D ;D ;D ;D

Title: Re: privatisation
Post by freediver on Feb 23rd, 2025 at 4:31pm

Dnarever wrote on Feb 23rd, 2025 at 1:59pm:

Gnads wrote on Feb 23rd, 2025 at 1:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.


It is when it is needed under 2% of the time.


You can use it as often as you want. I doubt there is any Australian pumped hydro scheme that is running less than 2% of the time. All you need is roughly a factor of 2 wholesale price difference at predictable times during each day and it will get used every day. You would expect to get that just from demand fluctuations.

Title: Re: privatisation
Post by aquascoot on Feb 23rd, 2025 at 5:02pm

lee wrote on Feb 23rd, 2025 at 2:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:
Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years.



You mean the Snowy 2.0 that still isn't completed, over time, over budget. Just how much will it cost and when will it come online? ::)

No impact? When AEMO warns of blackouts?

"The national energy market operator has issued new warnings of possible summer blackouts in coming years, due to delays in key transmission projects and looming retirements of coal generators. "

https://www.abc.net.au/news/2024-05-21/aemo-warns-of-increased-blackout-risks-over-coming-summers/103872480

You really don't pay much attention, do you? ;D ;D ;D ;D ;D



smart countries buy australian coal and burn it to get cheap power

energy security is economic security

Title: Re: privatisation
Post by Gnads on Feb 23rd, 2025 at 6:08pm

Dnarever wrote on Feb 23rd, 2025 at 1:59pm:

Gnads wrote on Feb 23rd, 2025 at 1:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.


It is when it is needed under 2% of the time.


Never will be because it's not cheap to pump water up to the top storage.

And if it's needed under 2% of the time it can never justify the costs & blowouts to build it.

Title: Re: privatisation
Post by Gnads on Feb 23rd, 2025 at 6:11pm

Dnarever wrote on Feb 23rd, 2025 at 1:58pm:

Gnads wrote on Feb 23rd, 2025 at 1:27pm:

freediver wrote on Feb 23rd, 2025 at 1:24pm:

lee wrote on Feb 23rd, 2025 at 12:54pm:
Yes it is. And relies on the interconnectors for their power when the sun don't shine and the wind don't blow.


Oh, the horror.



Do you actually have a point with that statement?  ::)

Because what the interconnector to SA shows is that it can not operate on it's renewables alone.

It still requires coal or gas fired generation to operate.


One of Lee's links shows the plan to use the Snowy scheme to supplement with hydro with a 100 year guarantee? Wind sun and water.


And that's why Sth Australia has the highest electricity prices in Australia.

You conveniently ignore that fact.

Title: Re: privatisation
Post by thegreatdivide on Feb 24th, 2025 at 1:47pm

Dnarever wrote on Feb 23rd, 2025 at 1:59pm:

Gnads wrote on Feb 23rd, 2025 at 1:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.


It is when it is needed under 2% of the time.

And when it's powered by free sunshine which is excess to current requirements - which is what pumped hydro storage (aka a 'big battery')  is all about.

Poor lee's brain is crippled by his free market, AGW-CO2 climate-denial ideoogy. 



Title: Re: privatisation
Post by lee on Feb 24th, 2025 at 1:57pm

thegreatdivide wrote on Feb 24th, 2025 at 1:47pm:
And when it's powered by free sunshine which is excess to current requirements - which is what pumped hydro storage (aka a 'big battery')  is all about.



Only when it's "in excess". ;D ;D ;D ;D ;D

Except the pumped hydro (aka a 'big battery') won't last 7 days, in the event of solar and wind drought. You keep forgetting that.


thegreatdivide wrote on Feb 24th, 2025 at 1:47pm:
Poor lee's brain is crippled by his free market, AGW-CO2 climate-denial ideoogy.


And once again off with the fairies, proclaiming things never stated. You are such a tosser. ;D ;D ;D ;D ;D ;D

Title: Re: privatisation
Post by thegreatdivide on Feb 24th, 2025 at 2:00pm

Gnads wrote on Feb 23rd, 2025 at 1:15pm:

thegreatdivide wrote on Feb 21st, 2025 at 10:34am:

lee wrote on Feb 20th, 2025 at 5:21pm:

thegreatdivide wrote on Feb 20th, 2025 at 5:02pm:
That doesn't overcome the problem of the sun not shining, or the wind not blowing where you have them. ::)


Low IQ comment: that's why the country-wide  interconnected grid is necessary.


Quote:
And if there is no new company after the spend?


Low IQ question: a latest tech steel-producer will exist, regardless of who owns it, being vital national infrastructure.   

[quote]Until such time as it turns to shite. But they will be happy until then. ::)


Er - Oz scientists and engineers know how to create the best quality steel, regardless of market failure due to 'economies of scale' which are irrelevant in the case of vital national industries. 

[quote]Just another Politician scrambling to get elected. ::)


Such are the stupidities of 50% +1 democratic politics.

[quote] Cars, televisions, steel. So what you want is a massive tariff overhaul to make imported goods more expensive than locally produced goods. ::)


Low IQ distortion of what I said, namely,  supporting value-adding in Oz,  the world's largest exporter of iron ore  and coking coal. Paris is summoning....


Quote:
But lovely China will provide. /sarc 8-)


Low IQ lee can't even see when he contradicts himself; indeed China can produce all the steel the world needs, at the lowest price;  and if 'free-market' lee had his way, other steel manufacturers around the world would certainly disapppear.   


Quote:
Nothing that comes from the Green Wet Dream, that only makes goods more expensive. Just why are subsidies so high for renewables? ::)


The Paris Agreement needs to be implemented, despite lee's disinformation campaign.


Quote:
Remember that thing about South Australia having 7 day solar and wind droughts? How big a battery would you need to for a new steel plant as well as the ongoing electrification of SA.


Low IQ; hence the state interconnectors -  dummy.

And yes, we should be begin  a nuclear industry in Oz, to reduce reliance on big batteries, while rolling out renewables/exiting coal ASAP, a much better use of Oz resources than building useless nuclear subs, if it comes down to allocation of available resources and a skilled workforce. 

Meanwhile, even Dutton knows he can pay for nuclear - governments can deficit spend. 


[/quote]

The interconnectors are so the states that are still generating reliable coal fired power can prop up those that have gone down the renewables path(Sth Aust) lock, stock & barrel to pull them out of the shyte.[/quote]

Wrong again: that's what the interconnectors WERE for ie to secure against fossil fuel outages in any state.


Quote:
SA has one distribution network – SA Power Networks. The average electricity rate for this network is 45.3c/kWh, making it the most expensive state for electricity in Australia.


And in the transition to a green economy, SA - like everyone -  needs a NEW interconnected grid to connect  a vastly expanded renewble enegy network including rooftop solar, on/off-shore wind, 'sun-cable scale producers,  big batteries, etc. 

Title: Re: privatisation
Post by lee on Feb 24th, 2025 at 2:29pm

thegreatdivide wrote on Feb 24th, 2025 at 2:00pm:
Wrong again: that's what the interconnectors WERE for ie to secure against fossil fuel outages in any state.



They still do, no "were" about it. The grid can't tell whether it is a connection for fossil fuel or not, it has no capability to only supply "green" energy. ::)


thegreatdivide wrote on Feb 24th, 2025 at 2:00pm:
And in the transition to a green economy, SA - like everyone -  needs a NEW interconnected grid to connect  a vastly expanded renewble enegy network including rooftop solar, on/off-shore wind, 'sun-cable scale producers,  big batteries, etc. 



Ah yes Labor's big plan out to 2050. ;D ;D ;D ;D ;D ;D

All those "vastly expanded"'s, sun-cable producers, big batteries to provide more than a few minutes power; come with a huge cost. And somewhere there you are going to fit in "the necessary resources won't produce inflation" ;D ;D ;D ;D ;D ;D

Tell us how cheap those renewable subsidies are again. ;)

Title: Re: privatisation
Post by thegreatdivide on Feb 24th, 2025 at 3:09pm

aquascoot wrote on Feb 23rd, 2025 at 5:02pm:

lee wrote on Feb 23rd, 2025 at 2:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:
Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years.



You mean the Snowy 2.0 that still isn't completed, over time, over budget. Just how much will it cost and when will it come online? ::)

No impact? When AEMO warns of blackouts?

"The national energy market operator has issued new warnings of possible summer blackouts in coming years, due to delays in key transmission projects and looming retirements of coal generators. "

https://www.abc.net.au/news/2024-05-21/aemo-warns-of-increased-blackout-risks-over-coming-summers/103872480

You really don't pay much attention, do you? ;D ;D ;D ;D ;D



smart countries buy australian coal and burn it to get cheap power


If AGW-CO2 climate change is real, those countries won't be too "smart"....


Quote:
energy security is economic security


Yes, so we better get on with achieving energy security via non-CO2-emitting energy sources.

Title: Re: privatisation
Post by thegreatdivide on Feb 24th, 2025 at 3:23pm

Gnads wrote on Feb 21st, 2025 at 10:14am:
Durrrrh  Roll Eyes


Yes, deluded people suffer from that affliction.


Quote:
SA very rarely has any excess that goes to the east.


Becuase we don't have the required grid connecting rooftop solar, resulting in energy  going to waste in the middle of sunny days.

Stop being as dumb as lee.


Quote:
BIG BATTERIES - will only ever be short term(a couple of hours if that) supplemental and frequency stabilizers.


Small household batteries on every house will reduce the drain on big batteries, especially with nuclear in the mix, if necessary.


Quote:
You have to cover the whole state with panels & turbines just to power Adelaide. Roll Eyes
 

Nonsense, see above.
     

Title: Re: privatisation
Post by thegreatdivide on Feb 24th, 2025 at 3:46pm

lee wrote on Feb 24th, 2025 at 1:57pm:
TGD: "Poor lee's brain is crippled by his free market, AGW-CO2 climate-denial ideoogy." 


lee: And once again off with the fairies, proclaiming things never stated. You are such a tosser. ;D ;D ;D ;D ;D ;D


Note: lee's 'climate hoax' delusion and 'efficient free narket' delusions are, by definition, beyond lee's capacity to see through those delusions (hence his claim re "things never stated) -  because  delusions are not amenable to evidence such as record rains and flooding on the East coast leading to inability to insure houses, and market failure caused by insisting that private companies  must be 'cost effective' without government subsidies, while  preventing  nationalization of essential industry - which is taboo in the delusional religion of free markets.

Face it,  GFG's backer is a failed private investor, meaning they could no longer pay their debts; it's time for the government to turf them out.

Title: Re: privatisation
Post by lee on Feb 24th, 2025 at 3:54pm

thegreatdivide wrote on Feb 24th, 2025 at 3:46pm:
because  delusions are not amenable to evidence such as record rains and flooding on the East coast leading to inability to insure houses, and market failure caused by insisting that private companies  must be 'cost effective' without government subsidies, while  preventing  nationalization of essential industry - which is taboo in the delusional religion of free markets.


So which "record rainfalls" and "record flooding" be specific? Where is this "inability to insure houses"? Do you mean houses built on flood plains?

Title: Re: privatisation
Post by Dnarever on Feb 24th, 2025 at 3:58pm

freediver wrote on Feb 23rd, 2025 at 4:31pm:

Dnarever wrote on Feb 23rd, 2025 at 1:59pm:

Gnads wrote on Feb 23rd, 2025 at 1:25pm:

Dnarever wrote on Feb 23rd, 2025 at 1:03pm:

lee wrote on Feb 22nd, 2025 at 2:45pm:

Dnarever wrote on Feb 21st, 2025 at 9:25pm:
It may apply to wind farms in the centre of Australia. If there are any.


That research by the Snowy2 Commission said that SA already had periods of solar and wind drought.

"An example of when high amounts of storage would be needed include when there are wind or solar ‘droughts’. In South Australia across the financial years of 2015 and 2016, there was a deficit between average wind production and minimum wind production over a two-week period of 60GWh."

https://www.snowyhydro.com.au/snowy-20/faqs/

So why does Australia suffer wind and solar droughts?

"We therefore systematically analyse the relationship between compound solar radiation and wind speed droughts with weather systems and climate modes of variability over multiple time scales. We find that compound solar and wind droughts occur most frequently in winter, affecting at least five significant energy-producing regions simultaneously on 10% of days. The associated weather systems vary by season and by drought type, although widespread cloud cover and anticyclonic circulation patterns are common features.

...

Exploiting these spatial differences could minimise the variability of electricity generation across the grid by offsetting areas of low production with areas of higher production20,21,22,23,24,25. However, the possibility of weather-related grid-wide impacts cannot be ruled out. A combination of weather systems could align to concurrently reduce wind and solar energy potential over a large area. For example, there is a dynamical link between blocking highs that bring calm conditions over southeast Australia and cloudiness associated with tropical cyclones in Australia’s north26. Specific to renewable energy, a weather system featuring high pressure near Australia’s southwest has been related to low grid-wide supply, although not every occurrence of this weather pattern yields substantial reductions23."

https://www.nature.com/articles/s41612-023-00507-y


Yet we had these droughts without any customer impact because the effects were mitigated, the Snowy 2 scheme alleviates the issue for the next 100 years. So what are you jabbering about ? There is no problem here.

SA can provide cheap wind and solar energy when available and they have backup power supply guaranteed for 100 Years covering when they cannot. 



Quack quack - pumped hydro is not cheap power.


It is when it is needed under 2% of the time.


You can use it as often as you want. I doubt there is any Australian pumped hydro scheme that is running less than 2% of the time. All you need is roughly a factor of 2 wholesale price difference at predictable times during each day and it will get used every day. You would expect to get that just from demand fluctuations.


SA is connected to the Snowy Hydro system via the network Use it as an overflow, It is there when they need it. The hydro scheme produces all the time mainly supplying NSW, Vic and ACT + SA when required. The snowy 2 scheme started in 2018 and is 60% complete on schedule. It is expecting to find similar ground condition and be complete on schedule. The scheme is expected to be delivering power in 2027 and fully operational in 2028.

Title: Re: privatisation
Post by lee on Feb 24th, 2025 at 4:17pm

Dnarever wrote on Feb 24th, 2025 at 3:58pm:
The snowy 2 scheme started in 2018 and is 60% complete on schedule.


"The controversial 2GW project has suffered huge delays and a series of cost blowouts since its inception, when it was projected to cost about $2 billion and be up and running well ahead of the state’s planned coal plant retirements, on this side of 2025.

But Snowy 2.0’s completion date was earlier this year pushed out – again – to as late as December 2029, due to what Snowy Hydro’s then new CEO Dennis Barnes described as a combination of delays across five major work fronts."

https://reneweconomy.com.au/australias-biggest-engineering-debacle-snowy-2-0-costs-double-again-to-reported-12bn/

Sometimes prognostications can bite you on the arse. ::)

And that's apart from its $2 billion explosion to $12 billion.

Title: Re: privatisation
Post by Dnarever on Feb 24th, 2025 at 8:07pm

lee wrote on Feb 24th, 2025 at 4:17pm:

Dnarever wrote on Feb 24th, 2025 at 3:58pm:
The snowy 2 scheme started in 2018 and is 60% complete on schedule.


"The controversial 2GW project has suffered huge delays and a series of cost blowouts since its inception, when it was projected to cost about $2 billion and be up and running well ahead of the state’s planned coal plant retirements, on this side of 2025.

But Snowy 2.0’s completion date was earlier this year pushed out – again – to as late as December 2029, due to what Snowy Hydro’s then new CEO Dennis Barnes described as a combination of delays across five major work fronts."

https://reneweconomy.com.au/australias-biggest-engineering-debacle-snowy-2-0-costs-double-again-to-reported-12bn/

Sometimes prognostications can bite you on the arse. ::)

And that's apart from its $2 billion explosion to $12 billion.


Yes it appears there have been problems. There was with the original scheme also. Hope its back on track as it does look like a valuable project.

Title: Re: privatisation
Post by Dnarever on Feb 24th, 2025 at 8:09pm
Is there a connection between the last 5 pages and Privatisation?

Still nobody is aware of a single successful privatisation in Australia. The people are ripped off every time.

Title: Re: privatisation
Post by thegreatdivide on Feb 26th, 2025 at 11:58am

Dnarever wrote on Feb 24th, 2025 at 8:09pm:
Is there a connection between the last 5 pages and Privatisation?


I began "the last 5 pages", by noting that free market/ privatization freaks  are objecting to the Oz government's take-over/support for an essential steel industry, including green steel at Whyalla, which a crooked/incompetent private sector operator (namely GFG) has bungled in the face of global tariffs and global over-production in the "free market" (complicated by lower prices from producers advantaged by 'economies of scale').   

lee of course is a delusional AGW-CO2 climate denier, so he's negating the prospects of a green steel industry at Whyalla - or anywhere else. 


Quote:
Still nobody is aware of a single successful privatisation in Australia. The people are ripped off every time.


Correct. 

But the '("invisible hand") free market knows best' mythology dies hard....a bit like the (historical)  'Christ is God' Christian myth and other religious beliefs, die hard. 

Title: Re: privatisation
Post by lee on Feb 26th, 2025 at 1:13pm

thegreatdivide wrote on Feb 26th, 2025 at 11:58am:
lee of course is a delusional AGW-CO2 climate denier, so he's negating the prospects of a green steel industry at Whyalla - or anywhere else. 



Poor petal. So infused with your China philosophy that all you spread is lies.

1. Nowhere have I denied AGE- CO2 climate, whatever that is, you haven't defined it anywhere. With references. ;)

2. You don't appear to have heard that the South Australian Government has pulled out of the "Hydrogen Green Steel" fiasco, as have many proponents, because the number do not stack up, besides you need carbon to make steel, else it is merely iron, like the way the transfers are fitted to your tee shirt. ;)

Title: Re: privatisation
Post by thegreatdivide on Feb 26th, 2025 at 6:19pm

lee wrote on Feb 26th, 2025 at 1:13pm:

thegreatdivide wrote on Feb 26th, 2025 at 11:58am:
lee of course is a delusional AGW-CO2 climate denier, so he's negating the prospects of a green steel industry at Whyalla - or anywhere else. 



Poor petal. So infused with your China philosophy that all you spread is lies.

1. Nowhere have I denied AGE- CO2 climate, whatever that is, you haven't defined it anywhere. With references. ;)


The delusional denier of the reality of AGW-CO2 induced climate change needs a definition...go figure....


Quote:
2. You don't appear to have heard that the South Australian Government has pulled out of the "Hydrogen Green Steel" fiasco, as have many proponents, because the number do not stack up, besides you need carbon to make steel, else it is merely iron, like the way the transfers are fitted to your tee shirt. ;)


Green steel is a vital part of the transition to a green economy. Did you miss the link to associated green hydrogen/ammonia technologies?   

Title: Re: privatisation
Post by lee on Feb 26th, 2025 at 6:42pm

thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
The delusional denier of the reality of AGW-CO2 induced climate change needs a definition...go figure....



So you can't define it. Well done. ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
Green steel is a vital part of the transition to a green economy.


That's presupposing that there NEEDS to be a transition. ;)


thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
Did you miss the link to associated green hydrogen/ammonia technologies?   


Did you miss where the production of hydrogen is too expensive and firms are not progressing with it? Or do you anticipate "hydrogen/ammonia technologies" without the hydrogen? ::)


Title: Re: privatisation
Post by thegreatdivide on Feb 27th, 2025 at 11:39am

lee wrote on Feb 26th, 2025 at 6:42pm:

thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
The delusional denier of the reality of AGW-CO2 induced climate change needs a definition...go figure....



So you can't define it. Well done. ;D ;D ;D ;D ;D


Er - AGW-CO2 means  climate change caused by burning  fossil fuels resulting in increasing  CO2 levels (and other greenhouse gases)  in the atmosphere.

Poor crippled-brain lee --it's sad to see.


Quote:
Green steel is  presupposing that there NEEDS to be a transition. ;)


Indeed - and everyone apart from climate deniers (defined above for the slow learners)  agrees on that need.



Quote:
Did you miss where the production of hydrogen is too expensive and firms are not progressing with it? Or do you anticipate "hydrogen/ammonia technologies" without the hydrogen? ::)


The various technologies are progressing well, but the 'scaling up' processes , along with the rollout of PVs and wind turbines, are being hindered by free market principles on behalf of profit maximization.

Today we learn BP is abandonding its green transition plans, because shareholders are demanding the higher returns from  fossil exploitation, compared with renewable energy.

Deplorable, just shows there's no place for private sector greed in a global climate emergency.

Title: Re: privatisation
Post by lee on Feb 27th, 2025 at 12:16pm

thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
Er - AGW-CO2 means  climate change caused by burning  fossil fuels resulting in increasing  CO2 levels (and other greenhouse gases)  in the atmosphere.


Ok so that means water vapour as the major greenhouse gas, and something a recent paper Ma et al, showed is not causing increased evaporation, rather wind stilling is the culprit. Wind stilling? The things that stop wind turbines from turning.

Now what PROOF do you have of CO2 increasing temperatures. Data?


thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
Indeed - and everyone apart from climate deniers (defined above for the slow learners)  agrees on that need.


And yet you haven't shown it to be econically feasible, no one has and that explains why so many projects have come to an abrupt halt. Green dreams are not proof of anything.


thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
The various technologies are progressing well, but the 'scaling up' processes , along with the rollout of PVs and wind turbines, are being hindered by free market principles on behalf of profit maximization.



Rubbish. Or of course you can link to a recent paper saying that? You know facts not your convenient fictions. ;)


thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
Today we learn BP is abandonding its green transition plans, because shareholders are demanding the higher returns from  fossil exploitation, compared with renewable energy.


Yes they were going broke, only 2.3% annual profit and would have gotten smaller had they disinvested in fossil fuels. ;)


thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
Deplorable, just shows there's no place for private sector greed in a global climate emergency.



And another one. Where exactly is this climate emergency? Guterres - boiling oceans? ;D ;D ;D ;D ;D ;D

BTW - you didn't get back to us about record rains or floods, although records are made to be broken. ;)

Title: Re: privatisation
Post by Gnads on Feb 27th, 2025 at 12:52pm

thegreatdivide wrote on Feb 27th, 2025 at 11:39am:

lee wrote on Feb 26th, 2025 at 6:42pm:

thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
The delusional denier of the reality of AGW-CO2 induced climate change needs a definition...go figure....



So you can't define it. Well done. ;D ;D ;D ;D ;D


Er - AGW-CO2 means  climate change caused by burning  fossil fuels resulting in increasing  CO2 levels (and other greenhouse gases)  in the atmosphere.

Poor crippled-brain lee --it's sad to see.


Quote:
Green steel is  presupposing that there NEEDS to be a transition. ;)


Indeed - and everyone apart from climate deniers (defined above for the slow learners)  agrees on that need.


[quote]Did you miss where the production of hydrogen is too expensive and firms are not progressing with it? Or do you anticipate "hydrogen/ammonia technologies" without the hydrogen? ::)


The various technologies are progressing well, but the 'scaling up' processes , along with the rollout of PVs and wind turbines, are being hindered by free market principles on behalf of profit maximization.

Today we learn BP is abandonding its green transition plans, because shareholders are demanding the higher returns from  fossil exploitation, compared with renewable energy.

Deplorable, just shows there's no place for private sector greed in a global climate emergency.
[/quote]

Again you dodged answering the poser that how do you have green steel with ammonia and hydrogen techniques/methods without hydrogen?????? ;D

Title: Re: privatisation
Post by thegreatdivide on Feb 27th, 2025 at 4:09pm

lee wrote on Feb 27th, 2025 at 12:16pm:

thegreatdivide wrote on Feb 27th, 2025 at 11:39am:
Er - AGW-CO2 means  climate change caused by burning  fossil fuels resulting in increasing  CO2 levels (and other greenhouse gases)  in the atmosphere.


Ok so that means water vapour as the major greenhouse gas,


Crippled brain lee strike again: no, it means CO2 and methane associated with the fossil industry are also  major greenhouse gases.


Quote:
Now what PROOF do you have of CO2 increasing temperatures. Data?


See the IPCC consensus. 


Quote:
And yet you haven't shown it to be econically feasible, no one has and that explains why so many projects have come to an abrupt halt. Green dreams are not proof of anything.


Indeed private sector greed is now hindering the transition, but if the climate keeps becoming more intolerable for humans as forecast by climate scientists, even you will be forced to shed your free market delusions. 


Quote:
Rubbish. Or of course you can link to a recent paper saying that? You know facts not your convenient fictions. ;)


Already did supply a link re steel/green ammonia. But google  is on the case:

Yes, green steel is possible, but it's expensive to produce at scale and may not be commercially viable until the 2030s.

Note: But it WILL be...

How is green steel made?
Hydrogen: Hydrogen can replace coke in the steelmaking process to extract oxygen from iron ore. Hydrogen can be made from water and renewable electricity through electrolysis.
Ammonia: Ammonia can replace coal as a reducing agent in the steelmaking process.

Challenges

Cost: Green steel is more expensive to produce than traditional steel.
Infrastructure: Significant infrastructure investments are required to scale up green steel production.

....

ie, back to cost - and the greed of private sector players.

That's why  govenments should manage the transition, not the greedy private sector .....and governments can issue their own money, rather than depending on "taxpayer money" - do try to keep up; the issue then is "opportunity costs" for  nations, not a charge/cost for  individual taxpayers.


Quote:
Where exactly is this climate emergency? Guterres - boiling oceans? ;D ;D ;D ;D ;D ;D
 

Yes.


Quote:
BTW - you didn't get back to us about record rains or floods, although records are made to be broken. ;)


Indeed,  and they ARE  being broken , that's why the insurance industry is asking for government support - do try to keep up.

Title: Re: privatisation
Post by thegreatdivide on Feb 27th, 2025 at 4:12pm

Gnads wrote on Feb 27th, 2025 at 12:52pm:

thegreatdivide wrote on Feb 27th, 2025 at 11:39am:

lee wrote on Feb 26th, 2025 at 6:42pm:

thegreatdivide wrote on Feb 26th, 2025 at 6:19pm:
The delusional denier of the reality of AGW-CO2 induced climate change needs a definition...go figure....



So you can't define it. Well done. ;D ;D ;D ;D ;D


Er - AGW-CO2 means  climate change caused by burning  fossil fuels resulting in increasing  CO2 levels (and other greenhouse gases)  in the atmosphere.

Poor crippled-brain lee --it's sad to see.


Quote:
Green steel is  presupposing that there NEEDS to be a transition. ;)


Indeed - and everyone apart from climate deniers (defined above for the slow learners)  agrees on that need.


[quote]Did you miss where the production of hydrogen is too expensive and firms are not progressing with it? Or do you anticipate "hydrogen/ammonia technologies" without the hydrogen? ::)


The various technologies are progressing well, but the 'scaling up' processes , along with the rollout of PVs and wind turbines, are being hindered by free market principles on behalf of profit maximization.

Today we learn BP is abandonding its green transition plans, because shareholders are demanding the higher returns from  fossil exploitation, compared with renewable energy.

Deplorable, just shows there's no place for private sector greed in a global climate emergency.


Again you dodged answering the poser that how do you have green steel with ammonia and hydrogen techniques/methods without hydrogen?????? ;D
[/quote]

See my last post (#672); and learn how to use google, so you can do your own research instead of asking me. 

Title: Re: privatisation
Post by lee on Feb 27th, 2025 at 4:31pm

thegreatdivide wrote on Feb 27th, 2025 at 4:09pm:
no, it means CO2 and methane associated with the fossil industry are also  major greenhouse gases.



No they are not. CO2 = about 420ppm (0.042%)  by volume of the atmosphere. Methane = 1.2 ppm (0.00012%) approximately. And both are mostly covered by the IR of water vapour. Methane lasts about 10 years in the atmosphere.

But if you have figures that disagree, show them. ;)


thegreatdivide wrote on Feb 27th, 2025 at 4:09pm:
See the IPCC consensus. 


The IPCC consensus says there is no discernible AGW present in the signal. I have shown you the graph before, but you still don't understand. Only in the highly unlikely RCP8.5 is there a discernible signal out to 2100. No emergency.


thegreatdivide wrote on Feb 27th, 2025 at 4:09pm:
Indeed private sector greed is now hindering the transition, but if the climate keeps becoming more intolerable for humans as forecast by climate scientists, even you will be forced to shed your free market delusions. 


Oh you mean those forecasts by climate scientists that have not come true? Any of them? No Sea Ice past 2013, Snowfall will be a rare and exciting event? Countries will be underwater from SLR prior to the year 2000? You mean those forecasts? ;D ;D ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 27th, 2025 at 4:09pm:
Already did supply a link re steel/green ammonia. But google  is on the case:

Yes, green steel is possible, but it's expensive to produce at scale and may not be commercially viable until the 2030s.

Note: But it WILL be...


Nope. That is your BELIEF. How many witches will need to be burnt at the stake before your religion folds? ;)

Why have so many companies thrown in  the towel on Hydrogen? Why is it you won't say? Apparently 79% are stuck in limbo.

"In recent months, some of the biggest would-be developers of the fuel have canceled projects, axed orders and scaled back investment plans. The low-carbon fuel is simply too expensive to stimulate demand in many sectors of the economy."

https://www.japantimes.co.jp/environment/2024/10/04/energy/green-hydrogen-hype-fade/

Title: Re: privatisation
Post by thegreatdivide on Feb 28th, 2025 at 10:59am

lee wrote on Feb 27th, 2025 at 4:31pm:

thegreatdivide wrote on Feb 27th, 2025 at 4:09pm:
no, it means CO2 and methane associated with the fossil industry are also  major greenhouse gases.



No they are not. CO2 = about 420ppm (0.042%)  by volume of the atmosphere. Methane = 1.2 ppm (0.00012%) approximately. And both are mostly covered by the IR of water vapour. Methane lasts about 10 years in the atmosphere.

But if you have figures that disagree, show them. ;)


Crippled brain lee: doesn't know increasing, even if minute,  quantities of certain substances can be disastrous


Quote:
...there is no IPCC consensus ....


google

Yes, there is a strong scientific consensus that climate change is happening and is primarily caused by human activities, with the vast majority of actively publishing climate scientists (around 97%) agreeing on this point; this consensus is supported by leading scientific organizations worldwide, including the Intergovernmental Panel on Climate Change (IPCC)

97% not a good enough consensus? Only crippled-brain lee would deny it.


Quote:
Oh you mean those forecasts by climate scientists that have not come true? Any of them? No Sea Ice past 2013, Snowfall will be a rare and exciting event? Countries will be underwater from SLR prior to the year 2000? You mean those forecasts? ;D ;D ;D ;D ;D ;D ;D


crippled brain lee: I said private sector greed was the problem hindering the green transition,  he diverts back to his climate denial delusions. 


Quote:
Nope. That is your BELIEF. How many witches will need to be burnt at the stake before your religion folds? ;)


oh dear, it's mirror time; man-made climate change is agreed from scientific evidence, as shown by google.

It's YOUR efficient 'invisible hand' market theory which is the witchcraft religion, as shown by market failure everywhere. 


Quote:
Why have so many companies thrown in  the towel on Hydrogen? Why is it you won't say? Apparently 79% are stuck in limbo.


poor crippled brain lee... I DID say, to repeat: because those companies' share-holders are demanding the higher returns from exploiting fossil fuels cf renewables, rather than scaling up expensive new technologies (which already exist in labs) re hydrogen and green steel.   

But in a global climate emergency, private-sector greed will destroy us all.   


Quote:
"In recent months, some of the biggest would-be developers of the fuel have canceled projects, axed orders and scaled back investment plans. The low-carbon fuel is simply too expensive to stimulate demand in many sectors of the economy."


That's  correct - or rather,  the transmission upgrades and storage requirements of cheap renewables (ie, powered by free sun and wind)  is "expensive", and beyond the capacity of profit-seeking companies, requiring public sector investment.

But the public - and politicians - are still hoodwinked by the mainstream government money is 'taxpayer money' narrative.

Something will have to give, to avoid an climate/ecological  catastrophe.



Title: Re: privatisation
Post by lee on Feb 28th, 2025 at 12:23pm

thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
doesn't know increasing, even if minute,  quantities of certain substances can be disastrous.


And yet can't point to it being disastrous. Why is that? And now they are minute? ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
Yes, there is a strong scientific consensus that climate change is happening and is primarily caused by human activities, with the vast majority of actively publishing climate scientists (around 97%) agreeing on this point; this consensus is supported by leading scientific organizations worldwide, including the Intergovernmental Panel on Climate Change (IPCC)

97% not a good enough consensus? Only crippled-brain lee would deny it.


Two things.

1. Nothing about climate change being disastrous.

2. Those 97% studies are bogus as I have shown many times.

Cook et al 2013 being the the main.

I will quote from their paper. See if you can follow.

"The ISI search generated 12, 465 papers. Eliminating papers
that were not peer-reviewed (186), not climate-related (288) or
without an abstract (47) reduced the analysis to 11 944 papers
written by 29 083 authors and published in 1980 journals.
To simplify the analysis, ratings were consolidated into
three groups: endorsements (including implicit and explicit; categories 1–3 in table 2), no position (category 4) and rejections (including implicit and explicit; categories 5–7).


Out of those 11,944 papers - "Endorse AGW 32.6% (3896) "

32.6% is not the highly "acclaimed" 97%

Then there is the categories they chose.

"(1) Explicit endorsement with quantification - Explicitly states that humans are the primary cause of recent global warming

(2) Explicit endorsement without quantification - Explicitly states humans are causing global warming or refers to anthropogenic global
warming/climate change as a known fact.

(3) Implicit endorsement - Implies humans are causing global warming. E.g., esearch assumes greenhouse gas emissions cause
warming without explicitly stating humans are the cause.

https://iopscience.iop.org/article/10.1088/1748-9326/8/2/024024/pdf

So they lumped these 3 together. So let's look at that.

Category 1 - says Humans are the PRIMARY source of AGW. More on that later.

Category 2 -says humans are having some impact.

Category 3 specifically says "assumes". Assumptions are not science.

Now to the numbers in Categories 1.2.3.

Category 1 "Search Results
Search Term      
Author      
Category      
Endorsement Level      
From Year      
To Year      
     
Results 1 to 25 out of 65:"

65 Papers out of 11,944 = 0.054% not anywhere near 97%.

Category 2 - "Search Results
Search Term      
Author      
Category      
Endorsement Level      
From Year      
To Year      
     
Results 1 to 25 out of 934:"

934 papers out of 11,944 = 7.8%

Category 3 - " Search Results
Search Term      
Author      
Category      
Endorsement Level      
From Year      
To Year      
     
Results 1 to 25 out of 2934:"

2934 out of 11,944 = 24.6%. And that one is based on assumptions, which are not science.

https://skepticalscience.com/tcp.php?t=search&s=a&a=&c=&e=3&yf=1991&yt=2011

We know you don't do science, you just believe.


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
I said private sector greed was the problem hindering the green transition,  he diverts back to his climate denial delusions.


And you posted nothing to support your contention. You are merely a blowhard.


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
oh dear, it's mirror time; man-made climate change is agreed from scientific evidence, as shown by google.


Which I have shown is fallacious. ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
because those companies' share-holders are demanding the higher returns from exploiting fossil fuels cf renewables, rather than scaling up expensive new technologies (which already exist in labs) re hydrogen and green steel.   


So shareholders demand a commensurate payout to risk? ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
But in a global climate emergency, private-sector greed will destroy us all.   



Once again resorts to hyperbole, you haven't shown any climate emergency, and certainly not from the IPCC. ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
the transmission upgrades and storage requirements of cheap renewables (ie, powered by free sun and wind)  is "expensive", and beyond the capacity of profit-seeking companies, requiring public sector investment.



Rubbish. The article clearly refers to fuel (hydrogen), although the transmission would be hugely expensive for those times when there is abundant energy, they have to factor in peak supply not just normal or below normal supply. ::)


thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
But the public - and politicians - are still hoodwinked by the mainstream government money is 'taxpayer money' narrative.


No that is your MMT supposition. ;D ;D ;D

Title: Re: privatisation
Post by Grappler Deep State Feller on Feb 28th, 2025 at 12:51pm
'privatisation' - the handing over for a few shekels to some mates who then turn a mighty profit while having the 'seller' as a shareholder and thus amenable to constant price rises etc - is nothing but the transfer of government money into private hands - Robber Barony and outright theft.  It's almost Python-esque or Yes Minister-ish...

"How much for that power station!"
"One million shekels."
"Here - I'll take it!"
"Hang on - aren't you going to haggle?"
"Haggle - I gave you a million!"
"A MILLION!  that power station cost me an arm and a leg - and me with ten kids to feed..."
"All right - half a million!"
"That's better!.... 'Alf a million for this power station, and my poor old mother in the hospital..."
"All right $600k!  I have to go before the public sees me here!"
"SIX hundred thousand shekels!  It's worth at least two million!"
"But you just gave it to me for one million!"
"Bert!"  uurrngh!
"All right I'll give you eight hundred thousand and that's my final offer.."
"Nine hundred and I'm still taking a loss!"
"ONE MILLION THEN!"
"Sold!  You want it wrapped and upgraded for free?"



Title: Re: privatisation
Post by thegreatdivide on Feb 28th, 2025 at 1:19pm

lee wrote on Feb 28th, 2025 at 12:23pm:

thegreatdivide wrote on Feb 28th, 2025 at 10:59am:
doesn't know increasing, even if minute,  quantities of certain substances can be disastrous.


And yet can't point to it being disastrous. Why is that? And now they are minute? ;D ;D ;D ;D ;D


Er - the consensus science?  moving on....



Quote:
Two things.

1. Nothing about climate change being disastrous.

2. Those 97% studies are bogus as I have shown many times.


Er - a warming planet from AGW-CO2 will be a disaster, sooner or later, and 97% agreement is not bogus. 

You seem to be arguing over the speed with  which the AGW-CO2 climate disaster (a 97% consensus, regardless of timing whether a decade or a century)  is approaching us.



Quote:
I will quote from their paper. See if you can follow.


No thanks, I will leave that to the 97% of climate scientists who reject your paper. 


Quote:
2934 out of 11,944 = 24.6%. And that one is based on assumptions, which are not science.

https://skepticalscience.com/tcp.php?t=search&s=a&a=&c=&e=3&yf=1991&yt=2011


Skeptical science.. like RFK jnr; now a child has died from measles,  in vaccine-sceptic Texas.


Quote:
We know you don't do science, you just believe.


Evidence-based science, yes. The oceans ARE warming, glaciers melting etc. 


Quote:
And you posted nothing to support your contention. You are merely a blowhard.


That private sector greed is hindering transition to green?

Only blind freemarket economists and ideologues can't see it.


Quote:
Which I have shown is fallacious. ;D ;D ;D ;D


via 'skeptical science'...


Quote:
So shareholders demand a commensurate payout to risk? ;D ;D ;D ;D ;D


There's no more risk (for established companies) in exploiting fossils,  than any other industry.



Quote:
Rubbish. The article clearly refers to fuel (hydrogen), although the transmission would be hugely expensive for those times when there is abundant energy, they have to factor in peak supply not just normal or below normal supply. ::)


Dummy, the barrier is the expence for private companies to develop new technologies.


Quote:
No that is your MMT supposition. ;D ;D ;D


Dummy, its just fact: obviously currencing-issuing governments don't NEED "taxpayer money", that's just the mainstream delusion of individuals who think money can only be created in private banks. 

Title: Re: privatisation
Post by lee on Feb 28th, 2025 at 1:43pm

thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
Er - the consensus science?  moving on....


You haven't shown consensus, liar.


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
Er - a warming planet from AGW-CO2 will be a disaster, sooner or later, and 97% agreement is not bogus.

You seem to be arguing over the speed with  which the AGW-CO2 climate disaster (a 97% consensus, regardless of timing whether a decade or a century)  is approaching us.


You have been proposing an existing climate crisis, liar.

You haven't shown a 97% consensus, liar.



thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
No thanks, I will leave that to the 97% of climate scientists who reject your paper. 


That paper is one that alleges a 97% consensus. As I have said you don't do science, liar.


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
Skeptical science.. like RFK jnr; now a child has died from measles,  in vaccine-sceptic Texas.



"      Our climate is absorbing a lot of heat. When scientists add up all of the heat warming the oceans, land, and atmosphere and melting the ice, they find our climate is accumulating 4 Hiroshima atomic bombs worth of heat every second.

This warming is due to more heat-trapping greenhouse gases in the atmosphere. The burning of fossil fuels means we are emitting billions of tonnes of carbon dioxide every year. This is the main contributor to global warming.

To communicate the sheer amount of heat our planet is accumulating, we have created this widget, embeddable on blogs and also available as a Facebook app, an iPad app, and an iPhone app. To help get the word out on just how much global warming our planet is experiencing, add the widget to your own blog or use the widget on Facebook, like it and share it. "

Under the heading "Global Warming at 4 Hiroshima Atomic Bombs per second"

Skeptical Science is promoted as the leading Climate website. It is easy t see you don't know your arse from your elbow. ;D ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
Evidence-based science, yes.


You don't do science you just believe.


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
The oceans ARE warming, glaciers melting etc. 



And it has happened may times before. Nothing to do with CO2. ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
That private sector greed is hindering transition to green?


And still nothing to support your contention. ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
via 'skeptical science'...


Explained above.


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
There's no more risk (for established companies) in exploiting fossils,  than any other industry.


There is because hydrogen is not economic to produce. ;D ;D ;D ;D ;D


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
the barrier is the expence for private companies to develop new technologies.


Hydrogen is an old technology, the difficulties still exist. It has been used since at least the 18yh century. ::)

https://en.wikipedia.org/wiki/Timeline_of_hydrogen_technologies


thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
obviously currencing-issuing governments don't NEED "taxpayer money", that's just the mainstream delusion of individuals who think money can only be created in private banks. 


You mean we get taxed to save us from spending? ;D ;D ;D ;D ;D ;D

Title: Re: privatisation
Post by thegreatdivide on Mar 1st, 2025 at 3:33pm

lee wrote on Feb 28th, 2025 at 1:43pm:

thegreatdivide wrote on Feb 28th, 2025 at 1:19pm:
Er - the consensus science?  moving on....


You haven't shown consensus, liar.


Pass, I'll go with the google report, which you ignored.


Quote:
You have been proposing an existing climate crisis, liar.

You haven't shown a 97% consensus, liar.


Wrong on both counts: insurance companies are withdrawing from the market, NOW, dummy; and google attested to  the 97% consensus.   


Quote:
That paper is one that alleges a 97% consensus. As I have said you don't do science, liar.


Whereas google attests to the 97% consensus, via an analysis/summation of ALL papers.


Quote:
Skeptical Science is promoted as the leading Climate website. It is easy t see you don't know your arse from your elbow. ;D ;D ;D ;D ;D ;D


'Skeptical Science' is among the 97% consensus? How is that  "skeptical"?

And google attests the 97% consensus on AGW-CO2 emissions from ALL climate papers.


Quote:
And it has happened may times before. Nothing to do with CO2. ;D ;D ;D ;D ;D


There you go, still denying the 97% AGW-CO2 emissions consensus relating to sea temp. and glacier melt.


Quote:
...no evidence for private sector greed hindering the transition...


It's self-evident, except to a delusional 'invisible hand'/ efficient free market ideologue.

Note: the private sector is where individuals  compete to maximize their own  wealth; obviously govenment is required to maximise the wellbeing of everyone including those least able to compete in 'invisible hand' markets.

As well as managing an increasing global climate emergency which requires exiting  filthy fossil exploitation ASAP, despite the objections of the greedy private sector.   


Quote:
There is because hydrogen is not economic to produce. ;D ;D ;D ;D ;D


Governments not restricted by private sector costs, can advance the tech to scale, ASAP, cost is NOT the barrier.  


Quote:
Hydrogen is an old technology,
 

Poor dumb lee, the tech for green steel is still advancing.



Quote:
TGD: obviously currencing-issuing governments don't NEED "taxpayer money", that's just the mainstream delusion of individuals who think money can only be created in private banks. 

You mean we get taxed to save us from spending? ;D ;D ;D ;D ;D ;


No (.....but I will use this opportunity to educate you, dummy).


Taxes are not required to fund a c-i government; they can be used to change (unhealthy)  consumption,  and to incentivize  other consumption patterns (eg,  change to EVs). 

So.. why can't c-i governments create interest-free money in their own national treasury, when the private sector creates interest-bearing money in private banks (when they write loans for "credit worthy" customers?) 

Reminds me of the old Bob Hope joke:

"A bank is a place that will lend you money if you can prove that you don't need it".

Not a good situation for a government to be in, when they are responsible for adequate provision of essential services like health, education and  housing....which is why Albo is in danger of losing the next election. 

Title: Re: privatisation
Post by lee on Mar 1st, 2025 at 4:16pm

thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Pass, I'll go with the google report, which you ignored.



Not ignored, fallacious. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Wrong on both counts: insurance companies are withdrawing from the market, NOW, dummy; and google attested to  the 97% consensus.   


Which Insurance compamies. Google is like you believing what it is told. No thought necessary.

Google/ How about wiki? - "After reading a 2007 speech by then US Senator Jim Inhofe, who maintains that global warming is a hoax, John Cook created Skeptical Science as an internet resource to counter common arguments by climate change deniers.[3] "

You are a fool,  Your knowledge is abysmal. But you still believe. ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Whereas google attests to the 97% consensus, via an analysis/summation of ALL papers.


So which all papers does it address? ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
'Skeptical Science' is among the 97% consensus? How is that  "skeptical"?


Ask SKS (Skeptical Science)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
And google attests the 97% consensus on AGW-CO2 emissions from ALL climate papers.


Google does that? What paper have they published that examines "ALL climate papers"?

You are such a fool. Google doesn't publish papers at all. They reference other studies. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
There you go, still denying the 97% AGW-CO2 emissions consensus relating to sea temp. and glacier melt.


You haven't quoted anything other than opinion. No science papers? I can't deny an opinion. you are entitled to one, it doesn't make you correct. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
It's self-evident, except to a delusional 'invisible hand'/ efficient free market ideologue.


So another opinion dressed up as "fact". ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Note: the private sector is where individuals  compete to maximize their own  wealth; obviously govenment is required to maximise the wellbeing of everyone including those least able to compete in 'invisible hand' markets.



Like forcing up electricity prices because of cheaper renewables? ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
As well as managing an increasing global climate emergency which requires exiting  filthy fossil exploitation ASAP, despite the objections of the greedy private sector.   


You still haven't shown a "global emergency". Merely some wombling about it could be a a decade or more away. Science doesn't do "coulds". ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Governments not restricted by private sector costs, can advance the tech to scale, ASAP, cost is NOT the barrier. 

Quote:


Only if it can be scaled up. There has been no upscaling to date. Despite being around for over 200 years. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
the tech for green steel is still advancing.


So you say. At a snails pace if at all. So tell us about current upscaling. ;)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Not a good situation for a government to be in, when they are responsible for adequate provision of essential services like health, education and  housing....which is why Albo is in danger of losing the next election.


So Governments can't provide adequate essential services without taxpayer funding. And here you have been saying it isn't necessary, because of adequate resources to fund MMT. ;)

So to summarise - You have no knowledge, you don't even know what you don't know. An absolute failure. ::)

Title: Re: privatisation
Post by Dnarever on Mar 1st, 2025 at 5:17pm

thegreatdivide wrote on Feb 26th, 2025 at 11:58am:

Dnarever wrote on Feb 24th, 2025 at 8:09pm:
Is there a connection between the last 5 pages and Privatisation?


I began "the last 5 pages", by noting that free market/ privatization freaks  are objecting to the Oz government's take-over/support for an essential steel industry, including green steel at Whyalla, which a crooked/incompetent private sector operator (namely GFG) has bungled in the face of global tariffs and global over-production in the "free market" (complicated by lower prices from producers advantaged by 'economies of scale').   

lee of course is a delusional AGW-CO2 climate denier, so he's negating the prospects of a green steel industry at Whyalla - or anywhere else. 


Quote:
Still nobody is aware of a single successful privatisation in Australia. The people are ripped off every time.


Correct. 

But the '("invisible hand") free market knows best' mythology dies hard....a bit like the (historical)  'Christ is God' Christian myth and other religious beliefs, die hard. 


Like the trickle down effect will wet your socks if you didn't pull your zipper up.

Title: Re: privatisation
Post by Dnarever on Mar 1st, 2025 at 5:19pm

lee wrote on Mar 1st, 2025 at 4:16pm:

thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Pass, I'll go with the google report, which you ignored.



Not ignored, fallacious. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Wrong on both counts: insurance companies are withdrawing from the market, NOW, dummy; and google attested to  the 97% consensus.   


Which Insurance compamies. Google is like you believing what it is told. No thought necessary.

Google/ How about wiki? - "After reading a 2007 speech by then US Senator Jim Inhofe, who maintains that global warming is a hoax, John Cook created Skeptical Science as an internet resource to counter common arguments by climate change deniers.[3] "

You are a fool,  Your knowledge is abysmal. But you still believe. ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Whereas google attests to the 97% consensus, via an analysis/summation of ALL papers.


So which all papers does it address? ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
'Skeptical Science' is among the 97% consensus? How is that  "skeptical"?


Ask SKS (Skeptical Science)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
And google attests the 97% consensus on AGW-CO2 emissions from ALL climate papers.


Google does that? What paper have they published that examines "ALL climate papers"?

You are such a fool. Google doesn't publish papers at all. They reference other studies. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
There you go, still denying the 97% AGW-CO2 emissions consensus relating to sea temp. and glacier melt.


You haven't quoted anything other than opinion. No science papers? I can't deny an opinion. you are entitled to one, it doesn't make you correct. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
It's self-evident, except to a delusional 'invisible hand'/ efficient free market ideologue.


So another opinion dressed up as "fact". ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Note: the private sector is where individuals  compete to maximize their own  wealth; obviously govenment is required to maximise the wellbeing of everyone including those least able to compete in 'invisible hand' markets.



Like forcing up electricity prices because of cheaper renewables? ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
As well as managing an increasing global climate emergency which requires exiting  filthy fossil exploitation ASAP, despite the objections of the greedy private sector.   


You still haven't shown a "global emergency". Merely some wombling about it could be a a decade or more away. Science doesn't do "coulds". ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Governments not restricted by private sector costs, can advance the tech to scale, ASAP, cost is NOT the barrier. 

Quote:


Only if it can be scaled up. There has been no upscaling to date. Despite being around for over 200 years. ::)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
the tech for green steel is still advancing.


So you say. At a snails pace if at all. So tell us about current upscaling. ;)


thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Not a good situation for a government to be in, when they are responsible for adequate provision of essential services like health, education and  housing....which is why Albo is in danger of losing the next election.


So Governments can't provide adequate essential services without taxpayer funding. And here you have been saying it isn't necessary, because of adequate resources to fund MMT. ;)

So to summarise - You have no knowledge, you don't even know what you don't know. An absolute failure. ::)


Didn't read even one from this mess. Strongly suspect it a great decision.

Title: Re: privatisation
Post by lee on Mar 1st, 2025 at 6:19pm
Oh a science denier. ;D ;D ;D

Title: Re: privatisation
Post by thegreatdivide on Mar 2nd, 2025 at 12:35pm

lee wrote on Mar 1st, 2025 at 4:16pm:

thegreatdivide wrote on Mar 1st, 2025 at 3:33pm:
Pass, I'll go with the google report, which you ignored.


Not ignored, fallacious. ::)


According to you.

Anyway, the world IS grappling with the green  transition, let's see if you and your ilk can succeed in saving the filthy fossil industry (eg, BP abandoning its green transition plans beause ren. energy isn't as profitble, for shareholders).   


Quote:
Which Insurance compamies. Google is like you believing what it is told. No thought necessary.


Now you show us you are complete fool, apparently hiding under a rock -  the insurance industry as a whole, dummy, as reported in global media, not google.


Quote:
So which all papers does it address? ::)


google employs AI to facitate summary of ALL published papers.


Quote:
You are such a fool. Google doesn't publish papers at all. They reference other studies. ::)


They reference ALL papers, and summarize the reception of them all, hence google's finding of a  "97% consensus that we must transition to a green economy".


Quote:
So another opinion dressed up as "fact". ;D ;D ;D ;D ;D


Dummy: the 'efficient free market'  hypothesis  is  a fundamental axiom of mainstream economics, not my "opinion"; the point is market failure is endemic, causing
"inefficiencies in production and allocation, incomplete information, and inequality.".   


Quote:
Like forcing up electricity prices because of cheaper renewables? ;D ;D ;D ;D ;D
   

See how lee, the blind (and dumb) 'efficient free market' ideologue  (and climate denier who wants definitions) is going around in circles, I already explained  markets can't fund the national infrastructure required to enable PV and turbine companies to survive in the free market. 


Quote:
You still haven't shown a "global emergency". Merely some wombling about it could be a a decade or more away. Science doesn't do "coulds". ::)
 

Science DOES alert to trends.


Quote:
Only if it can be scaled up. There has been no upscaling to date. Despite being around for over 200 years. ::)


Of course lab experiments can be scaled up; eg,  China is building the latest thorium reactors  in the Gobi desert, planned to begin operating in 2029 (the US abandoned thorium reactor research in the 60s, and has now acknowledged China is ahead in the tech by 15 years or so).  Ditto for scaling up green steel tech.   


Quote:
So tell us about current upscaling. ;)


Ask google, dummy.   


Quote:
So Governments can't provide adequate essential services without taxpayer funding. And here you have been saying it isn't necessary, because of adequate resources to fund MMT. ;)


poor lee,  hasn't a clue: "taxpayer" funding of government  is a ruse  to enable private capital (owned by the elites, as opposed to workers) to keep more of the nation's production for itself.

Indeed taxpayer money isn't needed by a c-i government; the task of government is to ensure RESOURCE supply and demand are in balance, to avoid inflation, not to 'balance a budget' (the mainsteam myth keeping governments broke because no-one likes paying taxes). 


Quote:
So to summarise -..


Given your general ignorance and delusions, any summary from you will be GIGO.

Title: Re: privatisation
Post by thegreatdivide on Mar 2nd, 2025 at 12:44pm

Dnarever wrote on Mar 1st, 2025 at 5:17pm:

thegreatdivide wrote on Feb 26th, 2025 at 11:58am:

Dnarever wrote on Feb 24th, 2025 at 8:09pm:
Is there a connection between the last 5 pages and Privatisation?


I began "the last 5 pages", by noting that free market/ privatization freaks  are objecting to the Oz government's take-over/support for an essential steel industry, including green steel at Whyalla, which a crooked/incompetent private sector operator (namely GFG) has bungled in the face of global tariffs and global over-production in the "free market" (complicated by lower prices from producers advantaged by 'economies of scale').   

lee of course is a delusional AGW-CO2 climate denier, so he's negating the prospects of a green steel industry at Whyalla - or anywhere else. 


Quote:
Still nobody is aware of a single successful privatisation in Australia. The people are ripped off every time.


Correct. 

But the '("invisible hand") free market knows best' mythology dies hard....a bit like the (historical)  'Christ is God' Christian myth and other religious beliefs, die hard. 


Like the trickle down effect will wet you socks if you didn't pull your zipper up.


:D  ...although in that case, the sequence  of the operation is important (you have to stop peeing first...) :o

Whereas the trickle down effect simply doesn't happen, as evidenced by the fact  the billionaires just keep geting richer, while the poor remain poor.   

Title: Re: privatisation
Post by lee on Mar 2nd, 2025 at 1:13pm

thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
According to you.



Nope. According to the analysis of the paper. You don't do statistics either. ;D ;D ;D ;D


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Anyway, the world IS grappling with the green  transition, let's see if you and your ilk can succeed in saving the filthy fossil industry (eg, BP abandoning its green transition plans beause ren. energy isn't as profitble, for shareholders).   


Anyway, it shows the stupidity of your position, since you can't defend it. ;)
How about the "greening" of the earth due to CO2? Doesn't that count.



thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Now you show us you are complete fool, apparently hiding under a rock -  the insurance industry as a whole, dummy, as reported in global media, not google.


So there should be a plethora of insurance companies to cite. But No, you can't provide them. Wombling. ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
google employs AI to facitate summary of ALL published papers.


Nope. If it does you should be able to cite a reference. ;)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
They reference ALL papers, and summarize the reception of them all, hence google's finding of a  "97% consensus that we must transition to a green economy".


I just googled that quote. Not one listed was google. Do you want to try again? ::)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
the 'efficient free market'  hypothesis  is  a fundamental axiom of mainstream economics, not my "opinion"; the point is market failure is endemic, causing
"inefficiencies in production and allocation, incomplete information, and inequality.".


More bluff and bluster. Why don't you cite your source or sources? Your fear is palpable. ;)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
the blind (and dumb) 'efficient free market' ideologue  (and climate denier who wants definitions) is going around in circles, I already explained  markets can't fund the national infrastructure required to enable PV and turbine companies to survive in the free market.


Why not? The markets funded cars, electrics, agriculture. Have you worked out how much more mining needs to be done to come up with the metals needed? You can't recycle the current infrastructure, it has to be additive. ::)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Science DOES alert to trends.


Nope. Trends go up and down. You only want to look at the short term, less than 200 years. ::)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Of course lab experiments can be scaled up;


Nope. SOME lab experiments can be scaled up.


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
China is building the latest thorium reactors  in the Gobi desert, planned to begin operating in 2029 (the US abandoned thorium reactor research in the 60s, and has now acknowledged China is ahead in the tech by 15 years or so).


I agree. It was abandoned on the fear of nuclear.


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Ditto for scaling up green steel tech.   


Nope. You haven't shown that. You can't just throw things in the mix and say both ARE achievable. ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Ask google, dummy.   


I asked you dummy, and there is no current proven upscaling. Just hopes. ::)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
hasn't a clue: "taxpayer" funding of government  is a ruse  to enable private capital (owned by the elites, as opposed to workers) to keep more of the nation's production for itself.


Oh it's a ruse now. ;D ;D ;D ;D ;D ;D


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Indeed taxpayer money isn't needed by a c-i government; the task of government is to ensure RESOURCE supply and demand are in balance, to avoid inflation, not to 'balance a budget' (the mainsteam myth keeping governments broke because no-one likes paying taxes).



So back to resources, have you figured out the resources required for the wind turbines? You know EXTRA copper, steel, nickel etc. ::)


thegreatdivide wrote on Mar 2nd, 2025 at 12:35pm:
Given your general ignorance and delusions, any summary from you will be GIGO.


So says the one so ignorant he believes Skep Sci is a tool of the "deniers" ;D ;D ;D ;D ;D

Title: Re: privatisation
Post by Grappler Deep State Feller on Mar 2nd, 2025 at 1:18pm
"the poor remain poor. "  ...make that 'poorer' .... is that Comparative Poverty or Poverty Pure?

An Abo living on the beach, wine and roses, sandy beaches, drinking rum every night, is better off with the same level of government support/income as the same Abo living in the concrete jungles.... his Comparative Poverty is a luxury lifestyle many would love to find...  the Other Guy sleeps out in a cardboard box underneath the smog instead of under the stars only when he feels like it ...... take the boat and go fishing in the morning, eh?

Pure Poverty or Poverty Equality would put them in the same conditions exactly .....  we really need to close the Poverty Gap there...

But what about the last guy down the chain?  This guy has got it so bad that if he lay down on a highway to let a truck run over him, the highway would be closed for repairs... if he went to Gaza and stood up and yelled "Jehovah is a pussy!" - the IDF would laugh, pack up and go home.... if he turned the other way and said "Mohamed is a heretic wanker!"... Hamas would applaud and consider him مبارك الله ...mubarak allah.. blessed of God...... give that boy an explosive vest!!!  So off he goes into Israel looking for targets.. a school or something... triggers the thing, and out pops a clown face going - "Ha, Ha!"


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