http://www.cato-unbound.org Big Ideas for a Better World Sat, 04 Feb 2012 12:01:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.cato-unbound.org/contributors/theodore-dalrymple/comment-page-1/#comment-49220 It looks obvious » Side effects Sun, 08 Apr 2007 23:10:31 +0000 http://www.cato-unbound.org/contributors/theodore-dalrymple/#comment-49220 [...] One of the side effect of nationalized industry is that, beside of the inevitable decline of this industry, is that it start to serve other agendas – not related and sometime harmful to what the industry should provide. In some convoluted way it has to make sense – the government has ideological agenda and it uses the industries under its immediate control to promote these agendas. Since the criteria of exchanging values – or making profit is out of the equation the damage is not immediately apparent. Dr. Dalrymple bring us, in this short article, two examples: [...] [...] One of the side effect of nationalized industry is that, beside of the inevitable decline of this industry, is that it start to serve other agendas – not related and sometime harmful to what the industry should provide. In some convoluted way it has to make sense – the government has ideological agenda and it uses the industries under its immediate control to promote these agendas. Since the criteria of exchanging values – or making profit is out of the equation the damage is not immediately apparent. Dr. Dalrymple bring us, in this short article, two examples: [...]

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