Your video lectures have been instrumental in my learning journey. I’m currently reading your book ‘The Class Structure of Pakistan’ and thoroughly enjoying it. A heartfelt thank you from a fellow comrade!
Kicking away the ladder Book by Ha-Joon Chang Its a book about how the developed countries used state subsidies and protectionist policies to build their own companies and now they are telling every country to practice neoliberalism to keep them poor.
Sir taimoor is just love 💕 Baat krein gein to logic pe, that's awesome. Mujhe Marx ka wo jumala yad aata ha " Materialism hi logic ha is pe logic de sakte ho aur is ko prove bi kr sakte ho "
Thank you so much sir for sharing such an upright perspective on Rapid privatization in Pakistan. Although, I am not Economy student but I regularly watch your videos.
Kyun ke abhi bhi PIA ki liabilities 800 billion ke kareeb Hain, sab na privatize Karen Lekin aaise enterprises Jo awam ko faaida Nahin de Rahe woh to privatise hone chahiye, ta ke Wohi paisa awam pe lag jaaye human development pe lag jaaye
Sir you are right government will pay them money in dollars not in PKR if we use electricity or not and there are no one to negotiate with IPPS and resultantly public bear the brunt in form of high cost of electricity and inflation
حکومت کا یہ موقف کہ ادارے منافع بخش نہیں ہیں، سے یہ مراد ہے کہ یہ ادارے اپنے اخراجات خود برداشت نہیں کر پا رہے۔ پی آئی اے، سٹیل مل جیسے ادارے عوام کے ٹیکسوں سے نہیں چلائے جاتے، انھیں اپنے اخراجات خود برداشت کرنے ہوتے ہیں۔ شکریہ
Pakistan shouldn’t worry. Pakistan is a nazriati mulq like Israel, formed during the holy month, and Waahid Islamic nuclear power of the world. Pakistan’s problems are caused by saazish of yahood o hanood o nissara though China is a trusted friend. Pakistan is also a leader of the Muslim ummah and provides security to them all over the world.
Just listen again at around 30:08 to 30:30 Although one can tell it was a mistake and everyone who is familiar with your stance knows what you meant, it was funny nonetheless, lol. You literally said the opposite of what you meant to say. Anyway, perhaps you could add a little caption during that timestamp, if you like, stating that you meant otherwise. Appreciate these videos.
I am Indian sir but the situation is almost same here , government sold Air India , stakes of BSNL , KV (a government school chain) , yes dependency on government is not good but government not taking care of anything related to internal finance is also dangerous
look at the power sector that is run by government, there is no lowered cost of doing business, even IPP being introduced is a major set back. We have the most expensive electricity in our region. I would totally agree with your point if actually these SOE are lowering the cost of production. Instead we are losing more by paying pensions to sectors that are highly inefficient. I think government should dispose any SOE that they are unable to run efficiently. Take the example of London Underground, its a state owned enterprise but its infrastructure is leased for 30 years to private firms. They realized that a hybrid model is better
گورنمنٹ جہاں بھی ہو دو نمبر ہی ہوتی ہے۔ گورنمنٹ کا کام ہی ہر طریقے سے لوگوں سے ٹیکس کی شکل میں پیسے بٹورنا۔ بس ایسے طریقے بتائیں جس سے بندہ ناجائز ٹیکسوں سے بچ جائے۔
The problem is most public sector companies are in the end not run for the public. They are run for employees, corrupt government officials etc. After decades of frustration people want privatisation with competition. For eg Indian telecom was useless when in public sector and people struggled to get a phone. Now it's Privatised mobiles are available for all, has helped growth and is very cheap. If not private sector create no profit companies but atleast introduce competition and allow hire and fire and transparency. For example in education and health, I am not in favour of privatisation, however we the people need accountability. Big Lesson Common Man is not the same as Public sector employees, please focus on the former. The latter is part of the former.
If you may answer my query, if based on your discussion on PIA which we all agree is a loss making entity, then Qatar Airways should also be a loss making entity as it is SOE. But their 6 months/ half yearly profits till Sep 2023 are around $1 billion. I think the argument needs to be that SOE need to be some what efficient so that for countries like Pakistan who have no substantial earning of their own, could justify the existence of SOE and are not a burden to the tax payer due to inefficiencies.
It is not an honour for you that you are teaching at lums but the lums is indebted to you as you are teaching there. We can afford you only via youtube. May the classified system comes to an eternal end soon.
بنگلہ دیش کی مثال لے لیں۔ وہاں بجلی سستی ہوگی، لیکن کاٹن پاکستان سے مہنگی ہو گی۔ بجلی تو صرف ایک جز ہے قیمت کا۔ اس کے علاوہ دوسرے اجزاء ٹیکسوں کی شرح، لیبر کاسٹ، حکومت اور اداروں کی کارکردگی اور پالیسیاں، دوسرے ممالک کے ساتھ تعلقات وغیرہ بھی قیمتوں پر اثر انداز ہوتے ہیں۔ برائے مہربانی آپ ایک ایسا نظام حکومت تجویز کریں جو ہماری مشکلات کا بہترین حل ثابت ہو۔
Taimur, In this video you talked about that you don't like the words such as "Human Capital Development". Can you please explain why you don't like these words?
Now it's the time, how about govt regulate those businesses who ran public sector model The biggest fear and possibility is that they leave them out, leaving people furious
Sir, direct tax payers in developing countries are below 20% or even below 10% in South Asia, Is it sustainable to fund loss making the public sector for a longer time? We know leakage in tax collection is a common problem in both India and Pakistan, and the scope of increase the indirect taxes are also limited for huge social divergence .
As explained in the video, the main cause for the public finance deficit is military spending, massive subsidies for rich (for example IPPs), and wasteful spending on bureaucracy. The spending on SOE is actually a tiny percentage of the overall deficit.
The wholesale process of privatisation in Britain from 1980 to 1990 produced the results which turned their economy around , all figures and stats r in public domain and can be checked
Amazing lecture dear sir I have one question? Sir aap hamesha btate hai ki china kaisa grow hua I agree per mera sawal ye hai ki Japan 🇯🇵 pe jab bomb geera to unki halat bhi kharab ho gyi wo kaise grow ker gye sabse tej ❤ aur jab bhi communism aur capitalism ke bich difference ki bath hoti hai to south korea or north korea ka hum example lete hai apne ispe Kyo nhi lecture banaya thank you❤
North korea communist nahi he abhi .leftwing he shyed isliye nahi karte. capitalist country ki ye matlab bhi nahi ye sab kuch capitalism he. not that easy.😅😂
Japan pr jb atomb bomb giraya gya tho usky baad cold war shuru huwi ovr china as powerful country uss region me brrhny laga tho america ko darr huwa ky russia be communist china be cummunist north korea be communist ab in teeno se kesy nipta jaye tho region me america ko koi militarily and economically powerful country chahye tee tho america ne he japan ko regrow krny me madad ki halanky japan ne ww2 ky baad khud apny constitution me lika ta ky bhae ab hum srf security ky liye thori se fojh rakengy lekin america ne kaha ky nhi bhai constitution gai barr me taqat barrhao hum apko dengy sab kuch iss waja se wahan South Korea jo ky capitalist hy and america ka ally hy usko wahan ek or caitalist dost mil gya japan ki shakal ke ovr dono mulko me america ne fojh bitai huwi hy (south korea or japan ki lgti nhi lekin america ne dono ko jorhy raka hy) north korea communist hy china ky elawa north korea kisi pr itibar nhi krta north korea ki 85% export and 84% import china ky sath hy jis din china je north korea se hath utta liya uss din north korea collapse kr jaega bhook se mr jaengy. Read prisoners of geography book, apko iss qisam ky saray questions ky answers mil jaengy ky china japan america kesy taqtwr bny russia Ukraine pr hmla q krta hy africa gharib q hy america itna taqtwr q hy Pakistan and india ka masla kiya hy kashmir issue kiya hy russia ne Afghanistan pr hmla q kiya ta abhi Ukraine pr q kiya hy NATO q bani Warsaw pact q bana etc aisy saray questions ky answers mil jaengay
Sir kindly make a video to answer these questions: 1. If socialism is that good then how come capitalist America was able to defeat Socialist establishments like USSR etc 2. Howcome a similar privztization model works in the US but fails to producw results in 3rd world countries? Surely it cannot only because of corruption. Love to hear your response. Thank U
Sir public owned enterprises generally suffer with overmanning, favouritism and nepotism in appointments. This results into inefficiency of these enterprises. What's your take on it?
I was in Germany I was like I was in heaven, health education transportation bnow gass energy b government wao. Germany is paradise on earth. Or Pakistan us waqt b ulti taraf ja Raha tha, AJ bs waiting k kab end ho ga ye drama
آپ کے دلائل کافی جاندار ہیں ۔ اب سوال یہ ہے کہ کیا ہمارے صاحبان اقتدار و اختیار اس سب(آپ کے پیش کردہ دلائل) سے بالکل لاعلم ہیں۔ یا ان کے پاس ان کے اپنے ایسے دلائل ہیں جو آپ کے دلائل سے زیادہ وزنی ہیں۔
Sir Lekin PIA to overall koi macro economic growth ni kar Raha, is tarah ke enterprises to privatise hone chahiye, kyun ke yehi paise education, health pe lag jaayen ge
Your analysis is contradictory. In one of your videos on Feudalism you said that power from the feudal system was taken by the Capitalist system which is Privatization of Industries. Education and Healthcare and Transport Social Security Welfare etc are not Industries but Institutions which should be under state control but not Center control which is Feudal. Free market economy works only if you have high taxes on the rich which is only possible in a Decentralized system of Governance which can only happen with an Independent Judiciary which will by default make it the Supreme Authority... waiting for a video on this subject 👍
Sir, it's indian private sector, which led to the growth i.e 1990 reforms. Government, instead of positive nudging, they create inefficiencies Every country runs on public debt like of US 34t if we can stimulate economy with private setor and finance grwoth with public debt and Ultimately, outpacing public debt with growth,
Sir I learn all economics from you but I little bit disagree with you because all public enterprises this time in pakistan making lost like railway steel mails etc but private sector not only earing but also government collect a large revenue from that like banks telecommunications privatization bring competition and competition bring innovation
Where is compitation in power sector ! K-electric a private company is sucking the blood of Karachites for decades, there is no innovation in this sector ! LOL 😂
Very strange argument, if public sector is not for profit making, agree. Two comments - If public sector able to run and meet their own running expenses. - are we able to ease the business. - are we able so far to keep public sector at low cost for general public. - education, health and banking etc are service sectors and rarn no profit. - but in modern or advanced countries these sectors are also making profit. - for you information socialist countries are also converting their economy to profit oriented economy. Pl do not confuse and midguide innocent public. You look very excited and toeing some agenda your body language also indicates. Be realistic and logical. Do not easte your energy
The government has no business being in business. Correct sentence Es ko english ni aty hai Ye 3 cror k job chor k agya hai Es ko 3 cror kese dete hai Aur ye finance mintr ban gya Khitmat k lye ya aur zyda kamane k lyw 😅
Sir you are right but who will understand them they are puppets if west and there is the dilemma that if there one raise their voice then he considered a philosopher like Aristotle and Plato and than you would face consequences
One should study the history of losses , corruption ,political interference , over- staffing etc. in state owned enterprises in our country. One should be realist instead of idealist. So our experience is that state owned entities are bleeding national exchequer and a burden on our economy. Such organisations are incurring losses of about Rs.800 billion every year. You discussed dams etc. The issues are with organisations like PIA, steel Mill etc.etc. Your arguments should emphasise on business conducting white elephants.
You told the benefit of running education, health, power, agriculture on loss. Can you tell us benefit of running PIA in loss. You didn't. That's where intellectual dishonesty comes in. Explain how investing tax money in PIA will help growth when we have low revenue, low reserves, poor education, poor electricity, poor agriculture and poor health. Investing in PIA in this time is like buying iPhone when you don't have money for food, water, medicine and school fees.
Your video lectures have been instrumental in my learning journey. I’m currently reading your book ‘The Class Structure of Pakistan’ and thoroughly enjoying it.
A heartfelt thank you from a fellow comrade!
Red Salute Comrade....From India..
A brilliant analysis by a talented and well educated economist Dr Taimur Sahib.
He is not an economist
he is giving a socialist point of view
He is not an economist
He is a socialist
Good point being discussed.
Appreciated from India.
Kicking away the ladder Book by Ha-Joon Chang
Its a book about how the developed countries used state subsidies and protectionist policies to build their own companies and now they are telling every country to practice neoliberalism to keep them poor.
Each and every word is convincing and relevant.
Sir thank you so much for this Video. It clears various misconceptions regarding Privatisation and Economy. ❤
Brilliant analysis
Sir taimoor is just love 💕
Baat krein gein to logic pe, that's awesome.
Mujhe Marx ka wo jumala yad aata ha " Materialism hi logic ha is pe logic de sakte ho aur is ko prove bi kr sakte ho "
Thought provoking Sir
Thank you so much sir for sharing such an upright perspective on Rapid privatization in Pakistan. Although, I am not Economy student but I regularly watch your videos.
Well done Dr Taimu
Very informative lecture
Love you sir
Big fan of yours❤❤❤
LEFT ❤
value your arguments... bus economy p lecture smjhayya kreim
Salute you Sir.
Love you sir! ❤
Nice sir 👍
Kyun ke abhi bhi PIA ki liabilities 800 billion ke kareeb Hain, sab na privatize Karen Lekin aaise enterprises Jo awam ko faaida Nahin de Rahe woh to privatise hone chahiye, ta ke Wohi paisa awam pe lag jaaye human development pe lag jaaye
Sir you are right government will pay them money in dollars not in PKR if we use electricity or not and there are no one to negotiate with IPPS and resultantly public bear the brunt in form of high cost of electricity and inflation
sir i would like to thank u for the work u r doing❤
Salute to you, sir ❤
حکومت کا یہ موقف کہ ادارے منافع بخش نہیں ہیں، سے یہ مراد ہے کہ یہ ادارے اپنے اخراجات خود برداشت نہیں کر پا رہے۔ پی آئی اے، سٹیل مل جیسے ادارے عوام کے ٹیکسوں سے نہیں چلائے جاتے، انھیں اپنے اخراجات خود برداشت کرنے ہوتے ہیں۔ شکریہ
Absolutely
Like always beautiful effort ❤❤❤
Pakistan shouldn’t worry. Pakistan is a nazriati mulq like Israel, formed during the holy month, and Waahid Islamic nuclear power of the world. Pakistan’s problems are caused by saazish of yahood o hanood o nissara though China is a trusted friend. Pakistan is also a leader of the Muslim ummah and provides security to them all over the world.
Just listen again at around 30:08 to 30:30
Although one can tell it was a mistake and everyone who is familiar with your stance knows what you meant, it was funny nonetheless, lol. You literally said the opposite of what you meant to say.
Anyway, perhaps you could add a little caption during that timestamp, if you like, stating that you meant otherwise. Appreciate these videos.
Sounds logical
Sir please arrange live sessions on your channel so we can get a chance to ask questions.
I do.Eight February I voted for scythe.
thanks sir
❤❤Awesome comrade
I am Indian sir but the situation is almost same here , government sold Air India , stakes of BSNL , KV (a government school chain) , yes dependency on government is not good but government not taking care of anything related to internal finance is also dangerous
sir eik sawal h " is pak goverment has capable to run substantial deficits...If no so what is the way out ..?
look at the power sector that is run by government, there is no lowered cost of doing business, even IPP being introduced is a major set back. We have the most expensive electricity in our region. I would totally agree with your point if actually these SOE are lowering the cost of production. Instead we are losing more by paying pensions to sectors that are highly inefficient. I think government should dispose any SOE that they are unable to run efficiently.
Take the example of London Underground, its a state owned enterprise but its infrastructure is leased for 30 years to private firms. They realized that a hybrid model is better
Salamatii sir❤
Jnb ap ke baatain bhut achi hai lekin es ke lye kuch mulak ke lye
گورنمنٹ جہاں بھی ہو دو نمبر ہی ہوتی ہے۔ گورنمنٹ کا کام ہی ہر طریقے سے لوگوں سے ٹیکس کی شکل میں پیسے بٹورنا۔
بس ایسے طریقے بتائیں جس سے بندہ ناجائز ٹیکسوں سے بچ جائے۔
Behtreen.. some very fundamental questions are answered ... It means we need Socialism here .
The problem is most public sector companies are in the end not run for the public. They are run for employees, corrupt government officials etc. After decades of frustration people want privatisation with competition. For eg Indian telecom was useless when in public sector and people struggled to get a phone. Now it's Privatised mobiles are available for all, has helped growth and is very cheap. If not private sector create no profit companies but atleast introduce competition and allow hire and fire and transparency. For example in education and health, I am not in favour of privatisation, however we the people need accountability. Big Lesson Common Man is not the same as Public sector employees, please focus on the former. The latter is part of the former.
Great
If you may answer my query,
if based on your discussion on PIA which we all agree is a loss making entity, then Qatar Airways should also be a loss making entity as it is SOE. But their 6 months/ half yearly profits till Sep 2023 are around $1 billion.
I think the argument needs to be that SOE need to be some what efficient so that for countries like Pakistan who have no substantial earning of their own, could justify the existence of SOE and are not a burden to the tax payer due to inefficiencies.
Sir kindly share these slides in description...
تیمور صاحب آپ نے Aitchison College کہ مسئلے پہ بات کیوں نہیں کی ؟ آپ پہ تو لازمی ہے بات کرنا آپ کا تو کالج ہے
twitter.com/Taimur_Laal/status/1772867504316064000
Thanks for informing. Sir koi seminar hai Punjab University main apka? Kindly visit there.
Traffic police department is profit oriented
Based take!!
It is not an honour for you that you are teaching at lums but the lums is indebted to you as you are teaching there. We can afford you only via youtube. May the classified system comes to an eternal end soon.
بنگلہ دیش کی مثال لے لیں۔ وہاں بجلی سستی ہوگی، لیکن کاٹن پاکستان سے مہنگی ہو گی۔
بجلی تو صرف ایک جز ہے قیمت کا۔ اس کے علاوہ دوسرے اجزاء ٹیکسوں کی شرح، لیبر کاسٹ، حکومت اور اداروں کی کارکردگی اور پالیسیاں، دوسرے ممالک کے ساتھ تعلقات وغیرہ بھی قیمتوں پر اثر انداز ہوتے ہیں۔
برائے مہربانی آپ ایک ایسا نظام حکومت تجویز کریں جو ہماری مشکلات کا بہترین حل ثابت ہو۔
Taimur, In this video you talked about that you don't like the words such as "Human Capital Development". Can you please explain why you don't like these words?
I have best teacher in this world- Dr. Taimur rehman
: )
Now it's the time, how about govt regulate those businesses who ran public sector model
The biggest fear and possibility is that they leave them out, leaving people furious
Riders on the storm........there is a ........
Sir, direct tax payers in developing countries are below 20% or even below 10% in South Asia, Is it sustainable to fund loss making the public sector for a longer time? We know leakage in tax collection is a common problem in both India and Pakistan, and the scope of increase the indirect taxes are also limited for huge social divergence .
As explained in the video, the main cause for the public finance deficit is military spending, massive subsidies for rich (for example IPPs), and wasteful spending on bureaucracy. The spending on SOE is actually a tiny percentage of the overall deficit.
true
The wholesale process of privatisation in Britain from 1980 to 1990 produced the results which turned their economy around , all figures and stats r in public domain and can be checked
Amazing lecture dear sir I have one question? Sir aap hamesha btate hai ki china kaisa grow hua I agree per mera sawal ye hai ki Japan 🇯🇵 pe jab bomb geera to unki halat bhi kharab ho gyi wo kaise grow ker gye sabse tej ❤ aur jab bhi communism aur capitalism ke bich difference ki bath hoti hai to south korea or north korea ka hum example lete hai apne ispe Kyo nhi lecture banaya thank you❤
North korea communist nahi he abhi .leftwing he shyed isliye nahi karte. capitalist country ki ye matlab bhi nahi ye sab kuch capitalism he. not that easy.😅😂
@@arindamsaha735 Kyo bhai kehte to yahi hai na ki north korea communist country hai russia and china ne iski madad ki korean war or kya tha?
Japan pr jb atomb bomb giraya gya tho usky baad cold war shuru huwi ovr china as powerful country uss region me brrhny laga tho america ko darr huwa ky russia be communist china be cummunist north korea be communist ab in teeno se kesy nipta jaye tho region me america ko koi militarily and economically powerful country chahye tee tho america ne he japan ko regrow krny me madad ki halanky japan ne ww2 ky baad khud apny constitution me lika ta ky bhae ab hum srf security ky liye thori se fojh rakengy lekin america ne kaha ky nhi bhai constitution gai barr me taqat barrhao hum apko dengy sab kuch iss waja se wahan South Korea jo ky capitalist hy and america ka ally hy usko wahan ek or caitalist dost mil gya japan ki shakal ke ovr dono mulko me america ne fojh bitai huwi hy (south korea or japan ki lgti nhi lekin america ne dono ko jorhy raka hy) north korea communist hy china ky elawa north korea kisi pr itibar nhi krta north korea ki 85% export and 84% import china ky sath hy jis din china je north korea se hath utta liya uss din north korea collapse kr jaega bhook se mr jaengy.
Read prisoners of geography book, apko iss qisam ky saray questions ky answers mil jaengy ky china japan america kesy taqtwr bny russia Ukraine pr hmla q krta hy africa gharib q hy america itna taqtwr q hy Pakistan and india ka masla kiya hy kashmir issue kiya hy russia ne Afghanistan pr hmla q kiya ta abhi Ukraine pr q kiya hy NATO q bani Warsaw pact q bana etc aisy saray questions ky answers mil jaengay
اور اگر ایک ملک اپنی فوج میں انویسٹمنٹ کرے اس سے کیا تائج برآمد ہونگے؟
Sir kindly make a video to answer these questions:
1. If socialism is that good then how come capitalist America was able to defeat Socialist establishments like USSR etc
2. Howcome a similar privztization model works in the US but fails to producw results in 3rd world countries? Surely it cannot only because of corruption.
Love to hear your response. Thank U
Sir no rule of law ,kha jayei hum hamarei judiciary biased hai wu bhei privatization Ku support karti hai .
Jnb ap kyu govt rabta nhi krte
Totally B A S E D Taimur_Laal.
Sir public owned enterprises generally suffer with overmanning, favouritism and nepotism in appointments. This results into inefficiency of these enterprises. What's your take on it?
کاروبار کرنا بس لمبر ون کا کام ہے عسکری بنک کھاد پراپرٹی ہر چیز پی آئی اے کو بھی کوئی جرنیل لے لے گا عسکری پی آئی اے بناے گا
I was in Germany I was like I was in heaven, health education transportation bnow gass energy b government wao. Germany is paradise on earth. Or Pakistan us waqt b ulti taraf ja Raha tha, AJ bs waiting k kab end ho ga ye drama
China is paradice on eartH. Germany se bhi cheep he .😅😂
Why PIA tickets prices of KHI - LHR is more than Air Blue
Please reply
Taimur Meee apppke economy views seee 100 perc agree hooo perr appp yee btana pasand kareengee keee appke pakistan mee presidential system pee kyaaa opinion hain
آپ کو لال سلام
آپ کے دلائل کافی جاندار ہیں ۔ اب سوال یہ ہے کہ کیا ہمارے صاحبان اقتدار و اختیار اس سب(آپ کے پیش کردہ دلائل) سے بالکل لاعلم ہیں۔ یا ان کے پاس ان کے اپنے ایسے دلائل ہیں جو آپ کے دلائل سے زیادہ وزنی ہیں۔
Sir Lekin PIA to overall koi macro economic growth ni kar Raha, is tarah ke enterprises to privatise hone chahiye, kyun ke yehi paise education, health pe lag jaayen ge
Watch his other video with a title “PIA: a socialist solution”
Your analysis is contradictory. In one of your videos on Feudalism you said that power from the feudal system was taken by the Capitalist system which is Privatization of Industries. Education and Healthcare and Transport Social Security Welfare etc are not Industries but Institutions which should be under state control but not Center control which is Feudal. Free market economy works only if you have high taxes on the rich which is only possible in a Decentralized system of Governance which can only happen with an Independent Judiciary which will by default make it the Supreme Authority... waiting for a video on this subject 👍
Sir, it's indian private sector, which led to the growth i.e 1990 reforms. Government, instead of positive nudging, they create inefficiencies
Every country runs on public debt like of US 34t if we can stimulate economy with private setor and finance grwoth with public debt and
Ultimately, outpacing public debt with growth,
there is a difference between charity and business
Chup!!
No sound
Try now
@@Taimur_Laaldone
Sir I learn all economics from you but I little bit disagree with you because all public enterprises this time in pakistan making lost like railway steel mails etc but private sector not only earing but also government collect a large revenue from that like banks telecommunications privatization bring competition and competition bring innovation
Where is compitation in power sector !
K-electric a private company is sucking the blood of Karachites for decades, there is no innovation in this sector !
LOL 😂
Very strange argument, if public sector is not for profit making, agree. Two comments
- If public sector able to run and meet their own running expenses.
- are we able to ease the business.
- are we able so far to keep public sector at low cost for general public.
- education, health and banking etc are service sectors and rarn no profit.
- but in modern or advanced countries these sectors are also making profit.
- for you information socialist countries are also converting their economy to profit oriented economy.
Pl do not confuse and midguide innocent public. You look very excited and toeing some agenda your body language also indicates. Be realistic and logical. Do not easte your energy
The government has no business being in business.
Correct sentence
Es ko english ni aty hai
Ye 3 cror k job chor k agya hai
Es ko 3 cror kese dete hai
Aur ye finance mintr ban gya
Khitmat k lye ya aur zyda kamane k lyw 😅
Sir you are right but who will understand them they are puppets if west and there is the dilemma that if there one raise their voice then he considered a philosopher like Aristotle and Plato and than you would face consequences
Air India Also salled no problem.
One should study the history of losses , corruption ,political interference , over- staffing etc. in state owned enterprises in our country. One should be realist instead of idealist. So our experience is that state owned entities are bleeding national exchequer and a burden on our economy. Such organisations are incurring losses of about Rs.800 billion every year. You discussed dams etc. The issues are with organisations like PIA, steel Mill etc.etc. Your arguments should emphasise on business conducting white elephants.
Jnb ap ke pass idea theek hai ap kuch kro mulak ke lye
ویسے ڈاکٹر صاحب جن لوگو کے لیئں یہ ملک بنا وؤ enjoy کر رہے ہے ۔آپ خواخوا پریشان ہو رہے ہے ؟
You told the benefit of running education, health, power, agriculture on loss. Can you tell us benefit of running PIA in loss. You didn't. That's where intellectual dishonesty comes in. Explain how investing tax money in PIA will help growth when we have low revenue, low reserves, poor education, poor electricity, poor agriculture and poor health. Investing in PIA in this time is like buying iPhone when you don't have money for food, water, medicine and school fees.
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capitalism vs socialism
Sir why do we need socialist state when we have the concept of welfare state?
@@bestapps1593 yes. Socialism is better. And its thanks to socialism that welfare state was created.
Brilliant analysis