ttbn, The world would be better without greedy CEO's, corporations and corrupt politicians.

To anyone who thinks union controlled government owned business leads to lower prices, I suggest you take a look at the cost of phone calls. Compare the cost when the PMG ran the phones, & today.

Of course a huge part is the huge waste of sow called renewable energy. Get rid of windmills & solar cells, & the cost of everything will reduce.

Then get the bureaucrats & their damn fool regulations out of the picture & watch costs drop.

I was driving through a moderately large acreage sub development near here recently. All from an acre to 7 acres or so, so a bit up market, with large homes being built. I noticed 4 under construction had quite extensive scaffolding with a safety rail around the entire house roof area, while the tin or tiles were going on. I wondered how many thousands that adds to the cost of a house.

I was then annoyed by all the road works on a 25 kilometre drive to a local town. I was even more annoyed when I realised that all this was for the instillation of Armco fencing, rather than any work on the road surface. I have driven this road for 25 years, 15 of them daily to work, & have never seen any car off the road in these areas, or evidence that a car has run off the road there.

I could not help wondering how much money was wasted on 5 kilometres of Armco. I also could not help wondering how much some bureaucrat, or group of bureaucrats got in backhander for specifying this totally unnecessary Armco fencing.

If you want to see why the cost of living is rising. look no further than the government bureaucracy.

‘The late great historian and sociologist Franz Oppenheimer pointed out that …’

‘… the great Austrian School philosopher Hans-Hermann Hoppe said…’

‘As the late great Austrian School economist Friedrich von Hayek added…’

‘As another late great Austrian School economist Murray Rothbard stated…’

Gosh. I’m simply awed by all these ‘great’ and ‘late’ economists pointing out and saying and adding and stating that them that has gits. Those that have should be allowed to have more and those that don’t have should be grateful to have less.

From what I gather from the article, when the don’t haves want more, they send the cost of living into an escalating spiral . What ungrateful economic illiterates!

It’s all verifiable and true. We are given pretty, obtuse graphs to prove this as undeniable fact.

One dollar for one potato in Coles ...I rest my case!

Hasbeen,
Nobody's suggesting any government owned business should be union controlled. But it's technology, not ownership, that has driven the fall in the cost of phone calls. Indeed privatisation initially resulted in a halving of the speed at which costs fell.

Safety is important, and it's no longer acceptable to wait till lives are lost before doing something about it.

And getting rid of those windmills and solar cells would not reduce electricity prices at all.

So you are telling me Aidan, that a 70% reduction in manning, [or overmanning as usual with government union controlled industry], has not caused a considerable reduction in phone costs.

Pull the other one mate.