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| Thread ID: 48084 | 2004-08-13 12:34:00 | Off Topic: Telecom is cool. | Growly (6) | Press F1 |
| Post ID | Timestamp | Content | User | ||
| 261344 | 2004-08-15 10:13:00 | >how much of TCNZ is NZ owned now More to the point how much of anything in NZ is NZ owned now. It has amazed me to find out that companies that I thought always had been totaly NZ owned and still were are now owned by overseas companies. Mainzeal is one that comes to mind. |
mikebartnz (21) | ||
| 261345 | 2004-08-15 10:37:00 | I think Bell Atlantic is the major overseas shareholder . The TCNC annual report would need to be scrutinised to find out the precise details and how much profit (ie our money) disappears overseas each year . I think since having had 'New Right' economic policies for the last 20 years, that is a major slice of many young peoples lives . They have never known anything else . Also a knowledge of history and historical memory doesnt seem to be a New Zealand strong point . So there is a much greater tolerance of monopolistic company business "ethics", or rather lack of ethics . The pursuit of the dollar has ridden rough-shod over social responsibility . For those that dont read properly, and before you leap in, I am not talking about Socialism . I am not either, advocating a return to the over-controlled state New Zealand was in when I came here 27 years ago, it was a disaster in many respects, even though we had full employment more or less . I was appalled/amused at how far to the left the National Government under Muldoon was, and then a bit later how far to the right of Genghis Khan the Labour Government was, what odd times . |
Terry Porritt (14) | ||
| 261346 | 2004-08-15 10:55:00 | >I was appalled/amused at how far to the left the National Government under Muldoon was, and then a bit later how far to the right of Genghis Khan the Labour Government was, what odd times. I think that is what really upset the political apple cart. I still find it hard to believe that Douglas and company who stood for Labour then did everything against the principals of that party. |
mikebartnz (21) | ||
| 261347 | 2004-08-15 11:18:00 | Douglas and company - Ideological zeolots who used the Labour Party as a vehicle to impose their manifesto on the rest of us . Lange - buffoon who fell for it . |
zqwerty (97) | ||
| 261348 | 2004-08-15 11:29:00 | >Ideological zealots Ideological treasury inspired zealots |
mikebartnz (21) | ||
| 261349 | 2004-08-15 11:33:00 | Let's go back to Growly's original proposition - "Telecom is cool." As one who is inherently biassed against Telecom I nevertheless have to agree that he has a point. For a small country with a miniscule population we get a pretty good service. Sure, Telecom dominate the market, and the customer (and the competitors) suffer but that's what business is all about. Profit. Protecting market share. Social responsibility is a spin doctor's term - accountants don't understand it. The best that the customer can hope for is that the dominant player provides a service and Telecom do that. It may be more expensive than it should be but it is there. I don't like it sometimes. When I lived in Wellington Telecom gave me all sorts of special deals on my phone and ancillary services thanks to Saturn. When I shifted to the Wairarapa they all disappeared. I don't like it but I understand it. And it's not confined to Telecom. Power companies do it. Supermarkets do it. I don't get ulcers about it any more. The only thing that I can offer to the dedicated Telecom knockers is this; you should have been around in the days of the NZ Post Office when competition didn't exist and rules, regulations and regional engineers governed the industry. You got what you were given, you waited the statutory minimum of 6 weeks and you said thank you. I give in Growly - Telecom is cool. Ray |
Raymondo (5284) | ||
| 261350 | 2004-08-15 11:38:00 | If privatisation works and competition causes efficiency then why does my electricity cost so much more than it did before the new right took over. | zqwerty (97) | ||
| 261351 | 2004-08-15 11:53:00 | > If privatisation works And we have bailed out BNZ, Air New Zealand and to a degree the railways which Michael Fay and company kindly bought off us as well as negotiating the deal for the Govt of the day. |
mikebartnz (21) | ||
| 261352 | 2004-08-15 11:54:00 | Who was asking for reasoning? I think Raymondo said it pretty well :D | Growly (6) | ||
| 261353 | 2004-08-15 22:41:00 | > If privatisation works and competition causes > efficiency then why does my electricity cost so much > more than it did before the new right took over. Generally it does. But some markets are too small. In the case of electricity, privatisation does not appear to have worked. That is because NZ is too small to have a fragmented generation and lines network system. And electricity supply is too important to the national interest to leave in the hands of individual companies. Having said that, if we had the previous state-owned system, then I fear Project Aqua would have been bulldozed through. Consider the Clyde Dam Empowering Act 1982. |
Winston001 (3612) | ||
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