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#1
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Am 02.01.2012 23:50, schrieb Recliner:
Only when the government level of shareholding falls below 30% can it be regarded as anything other than a nationalised company. Whatever you may want to make up. But reality doesn't care about your laughing stock schemata. Do you also care about the color of the skin of the shareholdes, their religion, their sexual orientation, their preferred sports? L.W. |
#2
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On Tue, 03 Jan 2012 00:57:47 +0100 [UTC], Lüko Willms wrote:
Am 02.01.2012 23:50, schrieb Recliner: Only when the government level of shareholding falls below 30% can it be regarded as anything other than a nationalised company. Whatever you may want to make up. [snip] Why do you resort to accusing people with whom you disagree of "making things up", Lüko, and why do you _always_ launch personal attacks on them? It doesn't exactly add any strength to your arguments, y'know; quite the opposite. -- Ross Speaking for me, myself and I. Nobody else - unless I make it clear that I am... |
#3
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Am 03.01.2012 02:19, schrieb Ross:
Why do you resort to accusing people with whom you disagree of "making things up", Lüko, and why do you_always_ launch personal attacks on them? isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? L.W. |
#4
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"Lüko Willms" wrote in message
Am 03.01.2012 02:19, schrieb Ross: Why do you resort to accusing people with whom you disagree of "making things up", Lüko, and why do you_always_ launch personal attacks on them? isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? Not at all. If a company is dominated by one single shareholder, and that shareholder has other interests, then you have a potential conflict of interest. It's why monopolies are restricted in the EU and other free capitalist countries. In Britain, the Competition Commission has to approve takeovers if there would be a restriction of competition, and if a single shareholder (or connected group) wish to acquire 30% or more of a public company, they must make an offer for the whole company, as it would otherwise disadvantage unconnected shareholders (and may be blocked if there would be an unacceptable loss of competition). Of course, socialist countries used to believe in state monopolies as a matter of principle. I'm not sure if many truly socialist countries still remain, however. Certainly, countries like China and Vietnam are no longer socialist, though Cuba and North Korea perhaps still are. Is it their system that you advocate? Do you think workers' rights are better protected in North than in South Korea? |
#5
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Am 03.01.2012 14:33, schrieb Recliner:
isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? Not at all. If a company is dominated by one single shareholder, and that shareholder has other interests, then you have a potential conflict of interest. It's why monopolies are restricted in the EU and other What do you to about the monopolies of the little bakery or agriculturer which has only one single owner? A horrible sight, or what? Cheers, L.W. |
#6
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"Lüko Willms" wrote in message
Am 03.01.2012 14:33, schrieb Recliner: isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? Not at all. If a company is dominated by one single shareholder, and that shareholder has other interests, then you have a potential conflict of interest. It's why monopolies are restricted in the EU and other What do you to about the monopolies of the little bakery or agriculturer which has only one single owner? A horrible sight, or what? It's not a monopoly if there's other bakers or farmers. Ownership doesn't make it a monopoly: lack of competition does. For example, if a small, private bakery produces poor quality or over-priced products, it would soon lose business to others in the area and may go bust -- unless it's a state monopoly, with no competition allowed. Equally, if it treated its staff badly, they'd soon leave and go to work elsewhere. That's why competitive businesses tend to deliver a better service to customers and treat staff better than state monopolies. |
#7
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Am 03.01.2012 14:58, schrieb Recliner:
What do you to about the monopolies of the little bakery or agriculturer which has only one single owner? A horrible sight, or what? It's not a monopoly if there's other bakers or farmers. Ownership doesn't make it a monopoly: YOU wrote this: If a company is dominated by one single shareholder, and that shareholder has other interests, then you have a potential conflict of interest. It's why monopolies are restricted in the EU and other It's OK that you do not want to defend that, but you can't deny that you wrote this. Cheers, L.W. |
#8
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On 03/01/2012 13:16, Lüko Willms wrote:
isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? No. If a company is owned by, say, a national government which runs the company with some objective other than making a commercial return then the "company stops being a "real commercial company"". HTH -- Graham Nye news(a)thenyes.org.uk |
#9
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Am 03.01.2012 19:43, schrieb Graham Nye:
On 03/01/2012 13:16, Lüko Willms wrote: isn't it ridiculous to claim that the nature of a company stops being a "real commercial company" when the composition of her shareholders changes? No. If a company is owned by, say, a national government which runs the company with some objective other than making a commercial return then the "company stops being a "real commercial company"". This is a new, and welcome turn of your stance. The correct phrase ist "with some objective other than making a commercial return", i.e. profit. But this does not have anything to do with the ownership. It might have to do with which class is holding state power. Under capitalist rule, you will find that most state owned enterprises are actually operated with the objective to make profit. That is what makes a distinction, not the shareholder. L.W. |
#10
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On Wed, 04 Jan 2012 11:01:14 +0100, Lüko
wrote: That is what makes a distinction, not the shareholder. No. Both do. In terms of holding, a company can be private (of which government-owned or nationalised is one type) or public. What a company's motivation is, while usually primarily profit, can vary hugely based on shareholders' wishes. Neil -- Neil Williams, Milton Keynes, UK |
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