Tuesday, May 27, 2008


excellent James Laxer on the decline of the CBC--

"Managers of publicly owed corporations have always made a killing in the transition to private ownership. Those who do a good job shedding labour, thereby appearing to raise productivity usually at the cost of lower quality, can expect to be hired on with a much fatter pay packet as the first managers of the new private company. Whether it's a railway, an airline, a water utility, a telephone company, or a petroleum company, in Canada and in Britain, the experience has been that the new shareholders do brilliantly, while the old owners, also known as the citizenry, get hosed. The same will be true if CBC Television goes on the block..."