This cartoon displays the results of privatisation of the State assets, especially public utilities. The mistake of wholesale sell down of State assets is being recognised, painfully, in the UK and across Europe as the realisation that private ownership of what were once public utilities, developed and provided for the common good, has meant asset stripping for greater private profit.
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Where the money will go as the country's assets get sold off to foreign asset stripping corporates. |
All the more reason to vote NO in the citizen's initiated referendum oposed to the sale of New Zealand's state assets.
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