taking the phone companies away from your socialist government and putting them into the free market has been great for your system just like conservativs said it would be.
there have been articles here about the success, dont lie.
> taking the phone companies away from your socialist government and putting them into the free market has been great for your system just like conservativs said it would be.
In fact, it has been an unmitigated disaster from nearly any objective viewpoint. From start-to-finish privatization was a panty-raid on our Nation’s wealth.
Instead of investing in much-needed infrastructure the company focused instead on producing ridiculously hi returns-on-investment to its overseas shareholders.
It has also misused its near-monopoly status to damage its competitors and keep prices hi. Similar stunts in the United States or Canada would run afoul of anti-competitive laws.
The exact same situation prevails with our now-privatized electricity sector: hi prices and plenty of blackouts, and an infrastructure that has been under-invested in. And ridiculously-hi returns-on-investment to overseas shareholders.
> there have been articles here about the success, dont lie.
Educate yourself before calling me a liar, bud.
Privatizing New Zealand’s government-held assets was one of the stupidest things done by any liberal government in any country on this planet at any time in history. And we will be paying for Rogernomics for many generations to come.