MONOPOLIES
GENERAL COMMENTS
Private monopolies operating in commercial or areas not deemed to be essential services are anti competitive and are therefore opposed by GLOBAL ACTION (AUSTRALIA). This includes power utilities and telephone companies such as Telstra which have been partially privatised or which clearly enjoy positions of unfair advantage.
GLOBAL ACTION (AUSTRALIA) sees any halfway step between public ownership and full privatisation as a bastard situation which does the community no good.
Either a provider is private or public. Which side of the fence they stand depends upon whether they are better run by the public service (in the national interest, for security reasons or as an essential service) or by private enterprise for profit.
Prisons, Telstra lines and exchanges, Defense, Water, Power Providers and a number of other services should be in public hands and should never operate as private monopolies or near monopolies.
The recent flirtation with privatisation must be brought to a quick end. In line with its demand for small efficient government GLOBAL ACTION (AUSTRALIA) will determine on which side of the fence providers fall.
GLOBAL ACTION supports small government and robust competition. GLOBAL ACTION (AUSTRALIA) does not support cut throat competition in which commercial operators go broke or in which smaller commercial operators are pitted against giants like Telstra. Such competition is a recipe for disaster as has already been seen in the case of One Tel.
What GLOBAL ACTION (AUSTRALIA) demands for the consumer is fair pricing policies. What GLOBAL ACTION (AUSTRALIA) wants for business is fair profits. What workers everywhere need is both of the above - plus fair salaries and this is the balance GLOBAL ACTION (AUSTRALIA) will strive for.
The privatisation gold rush was that clever slight of hand part of Economic Rationalism that yielded windfall profits to cash strapped governments and helped lower the national debt of some countries. Unfortunately this same privatisation has done little for consumers or small shareholders who in many cases have lost money or are now paying higher prices for less service from privatised monopolies.
See Also: ECONOMIC RATIONALISM ENERGY PROVIDERS TELECOMMUNICATIONS PROVIDERS
GIVE US YOUR FEEDBACK
issues@globalactint.comCONTACT US | MEDIA | ABOUT US | MERCHANDISE | EXECUTIVE | JOIN | VOLUNTEER | DONATE | HOME