COG

EOpriv Discussion


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Dan Bell:

Thank you for answering my question about privitization becoming a dirty 
name. My only interest was in connection with the delay that might cause in 
forming ESOP's. In reading the e mail it seems that governmental spinoffs do 
represent one of the better sources of potential ESOP formation, although 
that may not be correct.

No one else answered the question so I must conclude thatyour assessment is 
correct.

My own interest in international ESOP'S is two fold. First, it will help I 
believe to increase the personal wealth which can be created through stock 
ownership. Secondly, ownership can enhance the self worth of the worker if 
there is a truly democratic workplace. While not totally apples and appples 
this might be the next demand for workers around the world, partit was 
satisfiedicularly in those states  who have be successful in gaining their 
independence from another state. I believe the Woodrow Wilson term self 
determination still appplies. On the other hand that thought may be too way 
out and only worthy of being discarded on the cutting room floor.

Somewhat unrelated,it did seem feasable that states who are privatizing 
could gradually turn over those departments or services to the employees and 
the unions. It might seem a little less cold blooded than just selling the 
resource outright, and would retain the degree of government oversight until 
it was satisfied that the public good would continue to be served. As a 
small government American businessman this idea that government works for 
the public good while corporations do not is abhorrant. However, I have 
enough international experiences to lead me to believe that some other 
peoples do b

elieve that their governmeent and unions do protect them from the excesses 
of national  or multinational corporations.

Dan,you have a lot on your plate, so do not feel compelled to reply.



Don Ward



Don Ward

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