What are some examples of our non-core assetsYou have to rebalance investments every now and then. I’m actually quite happy for the govt to sell non-core assets to invest in core infrastructure
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What are some examples of our non-core assetsYou have to rebalance investments every now and then. I’m actually quite happy for the govt to sell non-core assets to invest in core infrastructure
You stated National: ‘it's sell anything and everything that's not nailed down’Nope. Wrong again Wiz, but I accept your apology.
So you are scared of the democratic process now?Given the power of disinformation and the heavyweight organisations on the right behind National and Act, Hobson's pledge may not but something might.
QVWhat are some examples of our non-core assets
What do you think?so you think we should sell assets?
What core infrastructure exactly?You have to rebalance investments every now and then. I’m actually quite happy for the govt to sell non-core assets to invest in core infrastructure
You should read, then reread, then reread your post again. Check the maths.Govt still owns half all those companies anyway so we have the best of both worlds:
Labour voters still keep 50% public ownership (representing their approx voter base); right voters get the benefits of private ownership through their 50%.
Ultimate democracy in action really. Ownership representitive of the electorate. I can’t see why anyone would complain…
What's democratic about neoliberalism? Not much.So you are scared of the democratic process now?
If your so sure of your position, isn’t a referendum a chance for the people to have their say?
Does it make me a neo-lib because I've got shares in at least three of those organisations?
I referenced that he thought it wasn't a good idea, a former prime minister who went ahead and made sales of assets is saying there are better options. You said he had no credibility on the matter so can only conclude you are in favour of sales.What do you think?
Just cute you're so very very keen to reference John Key considering his track record on the topic.
Aren't you a clever chap.I referenced that he thought it wasn't a good idea, a former prime minister who went ahead and made sales of assets is saying there are better options. You said he had no credibility on the matter so can only conclude you are in favour of sales.
TVNZ - a publicly owned media company that generally returns dividends to the government. If we use it properly it allows nz communities to flourish and represent themselves through public broadcasting. If used properly it could hold truth to power through independent verified journalism.QV
Kordia
Landcorp
CHC airport
TVNZ (it is rubbish)
To name a few
We also own 100% of a number of companies, where we would be better off just holding a controlling stake and free up capital for essential infrastructure
QV - given how QV establishes property values that councils base rates on, I wouldn't want that sold.QV
Kordia
Landcorp
CHC airport
TVNZ (it is rubbish)
To name a few
We also own 100% of a number of companies, where we would be better off just holding a controlling stake and free up capital for essential infrastructure
Doesn't Kordia control broadcast towers etc, I know they control the coastal/maritime communications. I can see a need for some govt controlled cyber security, communications and cloud computing for national security reasons. Seems silly to sell off. Agree with your other points.QV - given how QV establishes property values that councils base rates on, I wouldn't want that sold.
Kordia - don't really care one way or another.
Landcorp - I'd like to see them move more into an educational role than commercial and extend their conservation efforts so no sale for me.
CHC Airport - government only owns 25% of that so why not gift their shareholding to the other stakeholder Christchurch City Council with a caveat that it can't be sold off by CCC later.
TVNZ - necessary to retain ownership for "public" broadcasting and increase funding to NZ on Air for all boardcasters.
Interesting info... I was more aware of some of their more "commercial" operations with telecommunications. Thanks for that.Doesn't Kordia control broadcast towers etc, I know they control the coastal/maritime communications. I can see a need for some govt controlled cyber security, communications and cloud computing for national security reasons. Seems silly to sell off. Agree with your other points.
From their website:Interesting info... I was more aware of some of their more "commercial" operations with telecommunications. Thanks for that.
Yes.Aren't you a clever chap.
Funny, I put neoliberalism into chat GPT and it gives a completely different result:Neoliberalism from chat gpt:
The privatization of publicly owned assets, a key tenet of neoliberal economic policy, has had mixed results but has generally proven to be detrimental for many countries involved. While proponents argue that privatization can increase efficiency and reduce government spending, the evidence suggests that it often leads to negative outcomes for citizens and societies as a whole.
Economic Impacts
Increased Inequality
One of the most significant consequences of neoliberal privatization has been a rise in economic inequality14. The adoption of these policies in Western countries has coincided with growing disparities in both wealth and income. While skilled workers may benefit from higher wages, low-skilled workers often face stagnant wages and reduced job security1.
Financial Instability
Contrary to claims that deregulation and privatization would boost economic development, these policies have often led to increased financial instability1. The International Monetary Fund (IMF) has reported that increased capital flows resulting from neoliberal policies have contributed to a higher risk of adverse economic cycles1.
Monopolies and Corporate Power
Neoliberal privatization has been associated with the rise of monopolies, which can increase corporate profits at the expense of consumer benefits1. This concentration of economic power in the hands of a few large corporations can lead to market distortions and reduced competition.
Social Impacts
Reduced Access to Essential Services
The privatization of public services has often resulted in reduced access to essential services for many citizens14. This is particularly problematic in areas such as healthcare, education, and social protections, where profit-driven motives may conflict with the public interest.
Undermining of Democracy
Critics argue that neoliberal privatization undermines democracy by marginalizing the role of governments in deciding on the allocation of public goods and services5. This shift of power from elected officials to private corporations can lead to a disconnect between public needs and policy outcomes.
Worker's Rights
The emphasis on market competition and profit-making has often led to job insecurity and erosion of workers' rights6. Privatized companies may prioritize cost-cutting measures over employee welfare, leading to reduced benefits and job protections.
Case Studies
Chile
Chile's experience with neoliberal reforms in the 1970s and 1980s, often referred to as the "Chicago Boys' economic experiment," resulted in significant social unrest and criticism6. While the policies aimed to spur economic growth, they came at the expense of social welfare programs, labor rights, and income equality6.
United Kingdom
In the UK, the privatization of public services under Margaret Thatcher's government led to increased competition and marketization in sectors such as healthcare and education6. While this approach aimed to improve efficiency, it has raised concerns about equity, access to services, and the quality of provision6.
Conclusion
While neoliberal privatization has had some positive effects in certain contexts, the overall impact on many countries has been largely negative. The focus on market-driven solutions has often come at the cost of social equity, democratic accountability, and long-term societal well-being45. As a result, there has been a growing recognition of the need to reassess these policies and consider more balanced approaches that prioritize public welfare alongside economic efficiency4.
TBH, I thought it was JDA (a private company) who operate most of our broadcasting towers.... maybe they just have the contract to manage them.From their website:
Kordia is responsible for operating and monitoring the network that provides critical safety of life communications for almost a quarter of the world’s oceans.
Kordia has a solid reputation for the provision and management of safety of life at sea (SOLAS) in Australia and New Zealand. Testament to this - we have designed and built, and we operate HF and VHF networks that cover nearly a quarter of the world’s oceans – an area that spans more than 90 million square kilometres.