Mongolian President Seeks Capitalistic Competition

News Analysis: Mongolian President Seeks Capitalistic Competition to State-Owned Enterprises (SOE’s). Mongolian President Tsakhia Elbegdorj understands that the Efficiencies Of Capitalism Outperform Government Monopolies in many ways. Since Governments are theoretically set up to Serve the Needs of their Citizens,  Profit Motives ideally are Void. Once established, a Government Entity (GE) is “Service Oriented” not “Profit Oriented”; as such, Hyper-Efficiency is Not part of its Operational Paradigm. As the ‘GE’ morphs into the “Capitalistic World” of Selling Goods and Services, it brings ‘Inefficient Bureaucrat Systems’ with it. Government Monopolies  do NOT have a History of Modernity of Operations nor one of Systemic Efficiencies. These Assets are not in their “Blood Lines”; A “Plow Horse” can never be a “Racing Thoroughbred”.  

Government Entities DO HAVE: Access to Capital from their Central Banks or from Individual Banks in the countries; A Monopoly of Control over Types And Distributions of Businesses; and, “Rubber Stamp” Approval for All of their actions. These hurt Private Companies.

If Government Employees own Competing Companies to Private Industry, Competition is Doomed. The Tainted relationships of the Cabal between the Government and the Company Owners in the Government is a Conflict of Interest; it should be eliminated. Since Directives to rid these Corrupt Relationships are typically not obeyed, Prompt and Stern Measures are Required for Enforcement.

Additionally, the ‘Profits’ derived by the Dis-Enfranchised Owners will probably be sent to their Foreign Bank Accounts or Private Entrepot. Forensic Accounting is Mandatory for the retrieval of funds back to the country.

The Citizens of Countries prosper when and where Capitalistic  Competition Flourishes; Better Products and  Better Services at Lower Prices are the End Results.

When a ‘Super-Power’ Nation attempts to Expand an Ideology of “Federalism” into the Private Sector, Operational Disaster awaits even  it; as “Powerful” as it is Internationally. Capitalism, not Federal Capitalism is best. Younger, Inexperienced Government Leaders need to learn this Fact-of-Life. 

Lesser Government is Better Government. Reality.

Reference: http://tinyurl.com/ngclxcw