| We hope you enjoy your visit to this forum. If you are reading this then it means you are currently browsing the forum as a guest, we don’t limit any of the content posted from guests however if you join, you will have the ability to join the discussions! We are always happy to see new faces at this forum and we would like to hear your opinion, so why not register now? It doesn’t take long and you can get posting right away. Click here to Register! If you are having difficulties validating your account please email us at admin@dbzf.co.uk If you're already a member please log in to your account: |
| Privatization Of Public Sector's? | |
|---|---|
| Tweet Topic Started: Jan 26 2014, 09:02 AM (386 Views) | |
|
|
Jan 26 2014, 09:02 AM Post #1 |
![]()
|
Is privatization of public sectors of developing countries a good option?Disscuss. |
| |
![]() |
|
| Meowth | Jan 26 2014, 01:33 PM Post #2 |
![]()
=._.=
![]()
|
No, private companies tend to put profit before people, the argument of competition doesn't really work, companies will try to be cheaper than rivals while cutting corners in order to save money, while in the public sector, they don't need to focus on profit. This is even more beneficial to developing countries because I wouldn't trust the private sector to be very moral, I would expect them to exploit the situation. |
![]()
| |
![]() |
|
| + Pelador | Jan 26 2014, 01:40 PM Post #3 |
|
Crazy Awesome Legend
![]()
|
The American healthcare system is a good example of that. |
![]() http://www.youtube.com/user/jonjits | |
![]() |
|
|
|
Jan 27 2014, 12:01 PM Post #4 |
![]()
|
Hmmm..... good points.Indeed private companies are more of profit oriented.But i would like to just add that,we all know that corruption is present in both the private and public sectors.But the chance of corruption is more in public sector's espicially in devoloping countries(Now i am not implying that there is no corruption in developed countries,there is corruption there to but at a very less rate when compared to some of the devoloping countries).So i am sort of saying that with privitization there will less chance of corruption. Also dosn't privitization create job for the poor.Like suppose a private company set up a factory near a place.The locals in that place would be hired...what i am saying is privitization can also lead to job oppertunities. If you feel that my points are wrong/flawed or wish to contradict,please feel to do it.I want to hear botj sides of the argument. |
| |
![]() |
|
| Meowth | Jan 27 2014, 12:59 PM Post #5 |
![]()
=._.=
![]()
|
I would say there is more chance of corruption in a private company, given that there is more to gain in terms of money, if you look at private companies competing with each other, you will notice all their prices are around the same, so as long as they are competing with each other, they can afford to keep prices where they want them and be in agreement about this (price fixing) which in developed countries, there are laws against this, the state might not have the same power in developing countries.
Low paying jobs if they pay at all, you'll find a lot of developing countries with private companies there don't pay their workers much, you will also have factories with poor conditions and badly maintained due to the owners trying to make as much money as they can. So while you get jobs, they are low paid and sometimes dangerous conditions, the only reason people take them is because they are desperate for money, this is exploitation. |
![]()
| |
![]() |
|
|
|
Jan 27 2014, 01:34 PM Post #6 |
![]()
|
Nice counter points. So my finale conclusion/oppinion/inference is that developing countries(maybe developed countries also) need both private and public sectors for devloping the nation and anti corruption schemes should be used to strenght both the sectors.But unfortunetly erradicating corruption completely is a feasible and a very slow task(espicially more in developing countries),the reason i beleive is that the change should come within oneself,i.e You have the choice to spread corruption or choose not to.The other reason i beleive is that it is hard/difficult to predict the mindset of a person when he gets power and authority. please feel free to correct/add your opinions. |
| |
![]() |
|
| Prince Cooler4 | Apr 12 2014, 09:51 PM Post #7 |
![]()
|
Yes...the government should stay out of all economic affairs. Government is the problem, not the solution. Edited by Prince Cooler4, Apr 12 2014, 09:51 PM.
|
![]() |
|
| + Pelador | Apr 12 2014, 10:07 PM Post #8 |
|
Crazy Awesome Legend
![]()
|
Rubbish. The reason we're still having economic problems is because the government relaxed too many of its rules. Had control been tighter then we might not be in such a mess now. |
![]() http://www.youtube.com/user/jonjits | |
![]() |
|
| 0 users reading this topic | |
| « Previous Topic · Deep Discussion · Next Topic » |
| Track Topic · E-mail Topic |
4:36 PM Jul 13
|
Theme Designed by McKee91
Powered by ZetaBoards Premium · Privacy Policy















4:36 PM Jul 13