I was just listening to an interview on CBC about financial shenanigans in a small Nova Scotia town. At some point in the interview the interviewee, a small business owner, suggested that it was clear that the town's finances now needed to be managed more along the lines of how a business would be run.
What I want to know if when businesses came to be seen as as models of financial propriety?
Is it not the case that there are frequently businesses that are involved in various financial skulduggery? My recollection is that the questionable use of business managed funds lead to the big economic downturn in 2008. And is it not also the case that Olympus is currently being investigated for the questionable financial management practices?
So in the face of countless examples of business/corporate mismanagement/questionable management of funds why are they seen as the examples that public sector should follow?
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3 comments:
Two points to consider are:
1) Gubbymint is not a bidnet, therefore the bidnet model is a completely inappropriate model by which gubbymint should be measured;
2) In as much as gubbymint does not follow the bidnet model, gubbymint should never ever be involved in the conduct of bidnet.
Gubbymint is best when left to conduct it's historical role of stealing from the people through taxation to support its existence.
Two points to consider are:
1) Gubbymint is not a bidnet, therefore the bidnet model is a completely inappropriate model by which gubbymint should be measured;
2) In as much as gubbymint does not follow the bidnet model, gubbymint should never ever be involved in the conduct of bidnet.
Anonymous, your first point is not too disimilar to the point I was making.
Your second point is one of opinion, not fact.
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