by … is Australia Post a commercial operation or a public service? That’s the headline for a piece I wrote for The Guardian (my first there in quite a while). A key point is that the deal that allegedly justified the expensive gifts was, in essence, the continuation of an arrangement established a hundred years ago between what was then the Post Office and the publicly owned Commonwealth Bank. Whoever put that arrangement together deserves commendation, but I doubt that they were rewarded by anything more than a promotion adding a few shillings a week to their salary. The conclusion: The Australian public has long since seen through the claims made for privatisation, even if the financial and corporate sectors (the real “inner city elites”) continue to push the ideas of
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John Quiggin considers the following as important: economic policy
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Stavros Mavroudeas writes Mavroudeas S. (2022), ‘The adventures of Economic Policy within Mainstream Economics’ in Essays in Economic Theory and Policy in Honor of Professor Stella Karagianni, Athens: Gutenberg
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… is Australia Post a commercial operation or a public service?
That’s the headline for a piece I wrote for The Guardian (my first there in quite a while). A key point is that the deal that allegedly justified the expensive gifts was, in essence, the continuation of an arrangement established a hundred years ago between what was then the Post Office and the publicly owned Commonwealth Bank. Whoever put that arrangement together deserves commendation, but I doubt that they were rewarded by anything more than a promotion adding a few shillings a week to their salary.
The conclusion:
The Australian public has long since seen through the claims made for privatisation, even if the financial and corporate sectors (the real “inner city elites”) continue to push the ideas of competition and choice. Australians want basic services to be delivered cheaply and reliably, by organisations set up to serve the public, rather than to maximise profits.
The statutory authority model, under which most of the infrastructure on which we now rely was built, is the best way to achieve this.