"One of the cornerstones of the neo-liberal policies adopted by most Latin American governments in the 1990s was the privatization of state-owned enterprises. This process of passing national wealth on to the private sector has been so injurious that it could soon render entire countries unviable. On occasion, citizen organization has succeeded in halting privatizations through public demonstrations that at times have turned into outright insurrections. ""Privatizations: The End of a Cycle of Plundering" by Raúl Zibechi
When is the Australian government ever going to learn?
Those who ignore the lessons of history are doomed to repeat them.
In this case you and I, as taxpayers who have invested heavily in the infrastructure of state owned enterprises over the years, only to see them frittered away by various Australian governments of many political hues, are once again facing the removal of one of the cash cows of the Australian government - namely TELSTRA, just when the government stipulates that the ageing work force is likely to require more income with fewer tax contributors.
Not only is this DUMB economics, but the history of this form of dumb economics in other countries who jumped the gun should have us fleeing in panic from any suggestion that we continue with the policy of privatising state owned enterprises.
When will we ever learn!
I guess we won't learn until it is too late. Start the protests NOW and make them count - our future is at stake!
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