Are government monopolies acceptable, but private ones not?

[Swazykid4all]

Government Monopoly depends on the organisational structure and organisation of the government that constitute the state or the country most especially in such state that the government are competent in the performance of their duty and responsibility.

 

[Shigobad20201]

Whenever the government want to monopolize and industry it is for the betterment of the people but you can say that about the private monopoly sure as what they are always after his profit and more profit so that is why government monopoly is good for the people.

When government monopolize industries and companies, it's always in the best interest of the citizen because they will make the best out of it and its better than a private companies monopolizing a company.

 

[Godspower]

When government monopolize industries and companies, it's always in the best interest of the citizen because they will make the best out of it and its better than a private companies monopolizing a company.

This is actually true in a sense that government will no try to make profits at all cost, rather they will try to provide goods and services to the public. However, most Government monopolies are usually saddled with corruption and mismanagement.

 

[Alexandoy]

This is actually true in a sense that government will no try to make profits at all cost, rather they will try to provide goods and services to the public. However, most Government monopolies are usually saddled with corruption and mismanagement.

In our country the government monopolies are being privatized for the reason that they are not earning money. That is true. A government monopoly is created for the service and not for the profit. Even the post office here that was going bankrupt was sold to a private company.

 

[Shigobad20201]

In our country the government monopolies are being privatized for the reason that they are not earning money. That is true. A government monopoly is created for the service and not for the profit. Even the post office here that was going bankrupt was sold to a private company.

Almost all the government monopolies are being privatized in my country based in the fact that they are not yielding positive earnings which is not suppose to be so , because the companies at meant to ease the stress of the people and not to add to it.

 

[Godspower]

Almost all the government monopolies are being privatized in my country based in the fact that they are not yielding positive earnings which is not suppose to be so , because the companies at meant to ease the stress of the people and not to add to it.

This is very true. However, despite the privatisation of these businesses, there is still no improvement in the qualities of service delivery. They make higher profits now but the quality of services hasn't improved.

 

[Laurentta]

Hmm, i feel government monopolies are widely accepted compared to private monopolies because people would rather be under the government than an individual.

 

[Syldan]

Government monopolies are very good if to say very important because when ever a government monopolise a company, or any other organisation which provides services, is for the good for the public unlike private.

 

[kayode10]

Are we still going for Monopoly by the government because they are going to engage in distribution of wealth I'm not with the common citizens but this is only work in advanced country. Individual usually allowed to run over there and keep making profit at the expense of others.

 

[jay]

Government monopolies are good and bad because at the end of the day the government is there to serve the people, however, if the government is filled with corrupt people then there might be problems.

The government will always be very greedy when it comes to monopolise and everything and not allowing the private sector to do so as well because they know the competition is not going to be very easy for them.

 

[ahmedo24]

Monopoly in any form is not encouraged because it brings about serous financial burden on people , it rare that any genuine government will engage in any Monopoly activities.

 

[kayode10]

A good government will ensure redistribution of wealth after they have monopolized everything. And that is the reason why they are doing that in the first place because they believe they are capable of spreading the wealth among the common citizens, something which a private individual cannot do.

 

[Heatman]

Government monopolises resources to favour the citizens without being biased unlike the private sector

One thing that I've known about government Monopoly policies is that they are always by all means influenced by the money that the private sector can offer them and they will sell off the Monopoly right to the individual sector.

 

[Lens]

In my home country, the government monopoly is acceptable. In fact, most of the products are been manufactured by the government until the whole system shutdown due to corruption.

 

[jay]

Government monopolies are good and bad because at the end of the day the government is there to serve the people, however, if the government is filled with corrupt people then there might be problems.

This is actually why the government of so many countries are fighting cryptocurrencies in order for them to set up their own cryptocurrency that they can monopolize.

 

[Shigobad20201]

This is actually why the government of so many countries are fighting cryptocurrencies in order for them to set up their own cryptocurrency that they can monopolize.

The government are fighting the use of crypto currency business and investment because it hard hard them to monitor each people's business and transaction both online and offline.

 

[joy101]

Government monopoly are acceptable in government benefit, because they provide good quality and also good service both private side and government.

 

[Sincerem]

Government monopolies could have some benefit but In the long run no government could independently run the affairs of their state without the joint activities of other individuals or organisation. In cases where government monopolize production individuals who could operate sucessfully several companies cannot operate and those job which could have been created are not created and the problems of unemployment are left only to the government to handle.

 

[Lucy ID]

Monopoly whether government or private is not good for a country at all, it will end up bringing imbalance to the system it will not be balance and later have effect on the people negatively

 

[tyrim88]

Even if the government decides to be monopolistic, you can be assured that there'll be a level of ease or inclusion in those decisions better than when private individuals or organisations make monopolistic decisions because they'll be more expensive

I quite agree with you on the issue of some sort of playing field on some vested interest,the government will be able to make and ensure tht the sector will be regulated,so that more business interest will be accomodated.