BREAKING NEWS LIVE | ANC considers second state-owned power utility to compete with Eskom - Ramaphosa

R13...

R13...

Honorary Master
Joined
Aug 4, 2008
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46,547
It's a curious state of affairs. Eskom is failing because of the state. That same state diagnoses the problem as Eskom is a risk because it is a monopoly. And they decide the solution to such a state of affairs is to build a second state owned utility.

Now you are left in a situation where there are two utilities run by the same state that is the cause of the first utility failing. So, now you are in a buy one state and get two failing utilities for the price of a 100 utilities. I mean, it is beyond stupid. If the state failed the one state now you have twice the problem and many times the risk and consequences for the country. The solution is to remove the ANC.
 
konfab

konfab

Honorary Master
Joined
Jun 23, 2008
Messages
36,118
How competition between SOEs works in practice:
At its peak, BLMC owned almost forty manufacturing plants across the country. Even before the merger, BMH had included theoretically competing marques that were in fact selling substantially similar badge engineered cars. The British Motor Corporation had never properly integrated either the dealer networks or the production facilities of Austin and Morris. This had been done partly to appease poor industrial relations – workers at Cowley for example still perceived themselves as "Morris" employees and still, therefore they refused to assemble cars badged as Austins, and the converse was true at the former Austin plant at Longbridge. The upshot was that both plants were producing badge engineered models of otherwise identical cars so that each network would have a product to sell. This meant that Austin and Morris still, to an extent, competed with each other and meant that each product was saddled with effectively twice the logistics, marketing and distribution costs that it would have if sold under a single name or if production of a single model platform was concentrated in one factory. Although BL did eventually end the wasteful double sourcing – for example production of the Mini and the 1100/1300 was concentrated at Longbridge, whilst the 1800 and Austin Maxi ranges moved to Cowley, the production of sub-assemblies as well as component suppliers were scattered all over the Midlands which greatly increased the cost of keeping the factories running.
Click to expand...
en.wikipedia.org

British Leyland - Wikipedia

en.wikipedia.org en.wikipedia.org
 
Blue Shirt

Blue Shirt

Senior Member
Joined
Jun 12, 2013
Messages
880
This just demonstrates once again how the ANC clings to archaic and outdated commie ideology. Everything has to state owned in order to "control" the economy.

Never once did it occur to them that the private sector is a key partner to economic wellbeing and not just a milk cow for taxes.
 
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