Forum Archive Index - December 2002

[nickk@quicksilver.net.nz]

every company is people owned!!!!! 

it does not make any sense to say the government (owned by people) sold it a 
listed company (owned by people)..... 

AIR went fine for at least 10 yrs until numerous factors stuffed it 
up....... 

telecom has been fine since 1988? until numerous factors are stuffing that 
up.......... 

hindsight is a great thing but who is to say that the gummint wouldn't have 
stuffed it up TEL & AIR just as much??? 

Nk 

prhughes@value.net.nz writes: 

> I have followed this discussion with interest, and to be frank I am in 
> Snoop's corner on this one.I am not totally sure what economic 
> liberalism stands for? I can speculate, but it would be better if its 
> proponent would tell us.
> Let's turn the clock back. Air NZ was owned by the People of NZ, 
> however the government of the day sold it to private interests on the 
> premise that they would make a better job of running it. Did they?
> On the sidelines are as Snoopy said many growers whom are 
> dependant on Air NZ to get their products to world markets.So 
> someone had to step in and clean up the mess. This is not 
> economic theory but the real world.
> Now let us move on a little. There seems to be a growing feeling 
> that Tranz Rail and Telecom could be turning to the Govt for 
> assistance. What do we do, let them go belly up.Yes, say 
> economic liberalists.
> Let's suppose Telecom went under, do we perhaps wait weeks or 
> months for some other crowd (probably Telstra) to take over.In the 
> meantime the banks have appointed a receiver, whom decides that 
> money can be saved by closing it down immediately
> Many customers of Telecom would be without their telephone as it 
> is unlikely that other providers could cope with the influx of new 
> customers.
> Does the Govt of the day sit on their hands, and do nothing? The 
> answer is obvious.
> I think the economic liberalists would gain more mileage if they 
> questioned the reasons as to why these previously  people owned 
> enterprises when sold to the private sector  have run into financial 
> strife.
> I realise the Telecom example above is rather simple and far 
> fetched and is only used to illustrate a point 
> 
> Bill 
> 
> ps  I am of no particular political persuasion.. 
> 
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