The following is an archived copy of a message sent to a Discussion List run by the Campaign Against Sanctions on Iraq.
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> >The debate has moved on. Competition against state-owned enterprises >(SOEs) is hard to foster, since private firms may hesitate to challenge >a government-bankrolled firm. Moreover, sophisticated regulatory >structures can reduce private monopolies' scope for abuse. Finally, >advances in information economics have raised new concerns about >managerial incentives in SOEs. I must admit confusion in this matter of SOE vs private enterprise. The US army, and many domestic US services are now privately run, government policiy and decision is made by corporate leaders, the election of government is largely determined by campaign funding from corporations, the media is increasingly controlled by huge corporations, and people move freely from government to private business and back again -- sometimes occupying both sectors at once. In such an atmosphere of growing fascism I am hard pressed to know the practical differences between government and business -- in Iraq or elswhere. _______________________________________________ Sent via the discussion list of the Campaign Against Sanctions on Iraq. To unsubscribe, visit http://lists.casi.org.uk/mailman/listinfo/casi-discuss To contact the list manager, email firstname.lastname@example.org All postings are archived on CASI's website: http://www.casi.org.uk