Terrible! Shameful!:
“It is a good time to reconsider the boundary between the private and
the public sector. Financial markets have developed enormously,
which together with technological advances, especially in the information
and communication sectors, has led to new, successful
business models, which the public sector should try to emulate and
exploit. Exposing selected parts of the public sector to competition
can have big efficiency payoffs.”
What??? What is this Capitalist swill???:
“8.1 THE VIRTUES OF COMPETITION (Page 137; should be read in it’s entirety for counterpoints.)”
“The magic of competition is that the customers’ welfare will
be taken care of by profit maximizing shop owners, merely because
customers can walk out – or exit in Albert O. Hirschman’s famous
language – if they are dissatisfied with the price that a coffee shop
offers. Voluntary trade paired with competition will provide enough
information about customer preferences to allocate services efficiently.”
“The efficiency of a competitive equilibrium holds much more
generally. Shops could invest in capacity or, when customers have
different preferences, choose what types of services to offer. As they
maximize profits, shop owners will optimally trade off the benefits
and costs of customers, too. They will also seek the best way to
organize the coffee shop: the number of workers to employ, the
training they have, the hours they work, how much to pay them
and what fringe benefits to provide them. Loosely speaking, as
long as all direct stakeholders(not referring to owing shares in the business) – the customers, workers and suppliers
– have competitive alternatives to choose from, the resulting
market outcome will maximize social welfare in the Pareto sense
describe above. Shop owners will receive a market determined
return on their time and investment, but not more, while the
stakeholders will be at least as well off as they would with their
best alternatives”"
PROPAGANDA FROM THE RULING CLASS!!!
"A government that is powerful
enough to protect the rights of its citizens is also powerful enough to
take these rights away. "
“Yet, there is a big difference
between the government and firms: Citizens have few options to
exit(government), while the power of firms is held in check by voluntary trade.”
So much propaganda! Not remunerating employees differently according to their value doesn’t work??? Some people are worth, and should be paid a lot more than others? LIES!!! CAPITALIST HORSESHIT!!!:
“To improve productivity, firms have to
make complementary investments in human capital and changed
work practices of the order of three to five times the investments
in IT.12 What is especially troublesome from the public sector’s
perspective is that the changes in work practices that are essential
include higher work autonomy and more powerful financial
incentives (usually for teams of workers). Given the problems of
accountability in the public sector and the bureaucracy built to deal
with them, it is going to be hard to change the whole system. Yet,
if these complementary investments are not made, the evidence
from the private sector shows that returns from IT investments
are often minimal, even negative.”
More rubbish! Capitalism is eating itself!:
"(On outsourcing to private firms)In a large study of British emergency hospitals strong performance
incentives caused dramatic improvements in waiting times
**without any noticeable adverse effects on treatment.**16 In Finland,
local governments have rapidly outsourced ambulatory physician
services to private companies. The private firms can take advantage
of economies of scale by servicing large areas covering many
local governments. So far, both cost and quality have improved
at MedOne, the largest of the private suppliers, with throughput
per euro increasing an estimated 20 per cent and patient as well
as worker satisfaction ratings up."
Zep, we cannot let our Comrades read this! You must extract this Capitalist masquerading as Socialist document from your computer and burn it! BERN IT!
The Capitalists must not win this time! The stakes are too high! Remember our fallen comrades!
BERN IT!
