27 Jul '11, 9pm

Why public transport fares should not be raised

Why public transport fares should not be raised

A lot of our public services like transport, utilities and telecommunications have been made to be run like businesses. State monopolies have become privatised monopolies. As a result, profits become a big consideration for these privatised State agencies. A business that has a government as its partner is such a potent force that it can ensure profit for the agency and leave its citizens helpless. It does not need business acumen but edict to be profitable. Such a business effectively makes money from the taxpayers whose money had been used to build the infrastructure needed to start and run it in the first place.

Full article: http://www.sgpolitics.net/?p=6997

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