Most productive use of capital by state and semi-state sectors

George Orwell 1982

This report by Davy Stockbrokers concludes that from 2000 the productive use of capital by the private sector was ‘pitiful’. It then goes on to argue that most of the productive use of capital during this period was driven by the state and semi-state sectors.

Discuss.

whatstherush

Looks like the Fianna Fail led governments did make some good use of private sector tax receipts over the boom years instead off pissing it all up against the public sector union wall.

Is that discursive enough for ya

Lu Tze

Just looked at the first page

The upgrading of road infrastructure was the greatest
triumph, boosting productivity in the economy. In
contrast, the private sector productive capital stock
(excluding housing, public sector and semi-states) rose

by only 26% in eight years.

Quite a large amount of the road infrastructure was done by PPP, so why is it seemingly being excluded from private sector? Why is excludin housing, public sector and and semi states?

kippy

This post should be locked asap.
Yet another PPP - Pointless Private Public thread.