tag:blogger.com,1999:blog-5404820640426099135.post7477581446555613756..comments2023-10-31T00:46:35.316+13:00Comments on Anti-Dismal: A reply to Hogan and Crampton (updated)Paul Walkerhttp://www.blogger.com/profile/13731003529546075700noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5404820640426099135.post-51514923828715722652009-07-24T10:22:02.917+12:002009-07-24T10:22:02.917+12:00Matt. I think the problem with the SOEs is that th...Matt. I think the problem with the SOEs is that the Act hasn't work as people had hoped. That is, it hasn't depoliticised SOEs in the way the writers of the Act thought it would.Paul Walkerhttps://www.blogger.com/profile/13731003529546075700noreply@blogger.comtag:blogger.com,1999:blog-5404820640426099135.post-38250847567289836832009-07-24T10:11:03.064+12:002009-07-24T10:11:03.064+12:00"Why not take an approach similar to that use..."Why not take an approach similar to that used in Germany where consumer cooperatives have vertical integrated backwards to control distribution and production? It's not clear why such a cooperative would have a incentive for "profiteering". Are consumers likely to rip themselves off? You end up with depoliticisation of the industry and less concern over profits."<br /><br />Isn't this very similar to keeping the companies as SOE's in the first place?Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.comtag:blogger.com,1999:blog-5404820640426099135.post-73291358442004508082009-07-24T10:09:25.890+12:002009-07-24T10:09:25.890+12:00Are consumers likely to rip themselves off? You en...Are consumers likely to rip themselves off? You end up with depoliticisation of the industry and less concern over profits.<br /><br />That depends on how the votes are spread. If it's one vote per customer, the many small will vote for cross-subsidies by the few large. That was exactly what we had with power boards, and they were definitely political entities. Profits, not so much; massive inefficiencies, very much so.JDDhttp://jimdonovan.net.nznoreply@blogger.com