Arthur on privatization
Mon, November 05, 2012 - 6:41 PM
Leader of the Opposition Owen Arthur says privatizing state agencies would not be simply removing them from Government, but more important, letting workers become part-owners.
Arthur made this clear last night at a Christ Church East constituency branch meeting of the Barbados Labour Party (BLP) at the St Christopher Primary School.
“Privatization just doesn’t mean selling to the private sector,” he said. “It really means getting the private sector more involved in developing Barbados. The country urgently needs that now.”
He said what was needed was for workers to take over such enterprises by investing their own money in them as was done with United Commercial Autoworks Limited (UCAL), which has a relationship with the Transport Board.
“These workers need to be involved in their own enterprises, so Barbados can become a property-owning society and democracy.”
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