atw: Re: National Broadband Network issue
- From: Peter G Martin <peterm_5@xxxxxxxxxxxxxx>
- To: <austechwriter@xxxxxxxxxxxxx>
- Date: Wed, 18 Aug 2010 16:51:27 +1000
Yet another one-theory-fits-all solution:
> If Australia were a bastion of free enterprise capitalism rather
> than a sort of socialist quagmire, some entrepreneur no doubt would
> have conceived of a fibre-optic network, completed a comprehensive
> market survey, created a business plan, written a prospectus, and
> floated it as an IPO on the stock exchange.
>
By contrast, if say, the USA were a bastion of free enterprise capitalism,
rather than some sort of socialist quagmire (?) some entrepreneur no
doubt would have conceived of the idea of a national road system, after
all that process... and funded it etc, and floated it on the stock exchange
etc. etc... and all those wonderful things.
Instead, apparently, the USA socialists took over and sneaked in a road
system that apparently is largely open to all to use. Admittedly they
were a bit lax and let in a few free enterprise tollways, but that's because
the socialists as usual, were universally incompetent, compared with the
entrepreneurs who are totally skilled in such areas as banking, mortgage
systems,
risk-free lending etc...
And of course, there would be a host of private water supply systems, private
national sewage systems... and we'd all be paying for air by the cubic
centimeter.
> How many citizens just itching to download movies faster do you
> suppose would have been willing to invest the required $10,000 per
> household in shares?
>
> If this ridiculous proposal put forward as a political gimmick is
> an "investment", then it should follow that individuals have the
> freedom to choose to invest or not to invest. At some future
> juncture then individuals would also have the choice as when to
> sell.
>
.. and non-buyers would only drive on private toll roads, and would
walk the rest of the way because they object to going on public transport
or private transport subsidised by the evil socialists??
... and there wouldn't be a hospital the non-socialists could go to because
even the private hospitals get subsidised by the government, as are so many of
the
pharmaceuticals supplied to their patients ??
When of course we know that if you leave hospital systems to private funding
as they do in the USA you get the most expensive system in the developed world
(for share of GDP) run by private enterpreneurs in insurance companies whose
counterparts in credit areas seem recently to have been only too willing to
spend other
peoples' money.
>
> As Margaret Thatcher is attributed with saying, "Eventually,
> Socialists run out of other peoples' money to spend." That day of
> reckoning is not far away.
>
>
Not while there are thousands of principled capitalists only too happy to accept
the burden of spending other people's money.
Should one mention the British, US and Australian banks, motor companies...
etc etc.???
Capitalise profits and socialise losses : fine entrepreneurial principles.
> Socialism is nothing if it is not a jackboot on the face of
> humanity.
Slogans are nothing if they are not poor substitutes for thinking.
Wake up. There is no single system -- socialist, capitalist or whatever
that actually has all the answers. Those who believe that would drink
from the fountain of eternal youth, drink other "magic" water, and wait
patiently for the stone they bought from alchemist to turn into gold.
Or even buy shares in Enron.
Meanwhile, I like the idea of Margaret Thatcher chairing the board of the first
British
private sewage system.
There could be justice in the world.
-Peter M
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