Day: July 5, 2021

The Argument for Privatization of Loss-Making Public Enterprises- Ali Smart

The government has no business doing business. The inherent obligation of the government is to regulate; and ensures the business terrains reflect a fair level playing ground that is transparent enough to absorb healthy competitions and innovations among industry players. The state also must ensure there is constant sanity in the ecosystem that sustains the value chain of economic production. Business can only be business if the utility value of the system remains sacred. The rights of Investors, consumers and all other players in the ecosystem must be well safeguarded in building a fair level playing ground.