From Lizzie
"Indeed Zulu, but typically of state controlled enterprise they lacked the money to back them up, "
* show me any company that can compete with the govt budget
in case govts give importance to..and to bring in the efficiencies required for it to be run successfully,
* a state can also work with more efficiency in case its not corrupted .. i.e. investment in bringing the system up to date. This is just like all the British government run industries of the past.
I previously mentioned BR and a glancing suggestion about British car industry. Well remember British Leyland?
It kept on acquiring new 'top line' managers, but the government failed to understand
* its the voters and systems( or models) mistake to elect an incompetent govt..the efficiencies and strong line tactics to take with the unions. Instead public money was
chucked in bucket loads after previous bad money because no politician wanted to understand
the market economy and the need for a successful business, with PROFITS! Yes, PROFITS,
which is the true worth of a successful business or service.
* there are some services that must be done without profits.. humans or profit.. With almost 40 years experience in commercial management and the need for matching
investments with profits, and controlling costs to do so, I know fully the difference
between a public run company and that of a international plc. People hark on about
the great days of British industry, well that was brought about by innovation, investment,
and the creation of big profits brought about by strong private management.
It worked, and still does in the internationally successful companies of today.
Public companies do not generally, as they are starved of innovation, investment,
with short sighted management controlled by politicians who are embarrassed by profit,
* this example as a starting point is definitely wrong..you cannot choose a state company from a capitalist system thats nearly discarded .. THE essential result for any great company that will grow and employ more people!
That applies to public service industries just as much as privately controlled ones.
The railways in their great days made profits, and they invested in ever faster engines
to pull ever improving trains on more efficient and modern infrastructure,
to produce a better service and therefore greater profits by carrying more freight and passengers.
Socialist ideals are fine in theory, but history has proved they do not work.
who said that.. if you look into world from capitalist glasses all you will see is wrong examples

All they do in industry is produce an inferior product or service, as everything is gradually
reduced in size and quality due to a lack of investment as the protection of public money
takes precedence over the commercial needs to take risks by innovation and the
creation of ever increasing profits. A socialist politician runs a business
like they do government departments; inefficiently, at great cost, with significant waste, and in the red!!
* ok then , tell me the reason why all those capitalist countries having crysis again and again

Happy new year
