When Sinkies were illiterate and ignorant
Up till the early 80s, the literacy rate of Sinkies was still not that high. Sinkies were also not so well travelled and they could be easily conned by all kinds of silly logic. They were thus treated as such and told of what was good or bad for them. That was forgiveable then.
One great theory was that privatisation would make govt owned or public services more efficient. And the reverse was equally true. Any private company that is nationalized or turned into a public company will immediately become a flop, inefficient and badly run. Sorry civil servants, I didn’t propound this theory. I was also told that it is so.
There is no need to bother about the quality of the people running it. No matter who, no matter how clever, how dedicated, how motivated, once a person is tasked to run a public enterprise, it would not work. On the contrary, no matter how stupid and silly the person is, let him run a private company, a privatized company, lo, behold, the company will become efficient and profitable.
This management theory should be taught in Harvard or at least in the local universities as the greatest management theory from Sin City.
Some are calling for the nationalization of the SMRT. How dangerous this is. The SMRT will definitely be badly managed and run at a loss. In fact if the civil service and the govt are privatized, things will definitely improved by leaps and bounds. We will have the best civil service and govt as well. Now that they are not privatized, please bear with their level of services for the time being and wait for the day when they are privatized.
How many daft Sinkies will disagree with this management theory? How many Sinkies today think that this is simply bull shit? How many would think that the effectiveness of an organization, any organization, is all about leadership and the quality of leadership and their motivation? How many out there are still thinking that they can con the daft Sinkies today with such lies? What do you think?
They said a lie, when spoken often enough, would become truth. This privatization theory is now a golden rule in Sin City. Dull and stupid people will become efficient and effective when working in a privatized company and vice versa.