tag:blogger.com,1999:blog-5075006.post4362335416747317314..comments2023-10-11T18:23:17.225+08:00Comments on {caffeine_sparks}: Information as Social Capitalsparkshttp://www.blogger.com/profile/14176802456964956777noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5075006.post-31541261431113181842008-03-16T09:21:00.000+08:002008-03-16T09:21:00.000+08:00governments all over the world demonized profit on...<I>governments all over the world demonized profit on paper</I><BR/><BR/>I don't think government is in place to demonise anything. Governments are not businesses. They're not meant to make profit.<BR/><BR/>Unless they operate state-owned enterprises, in which case they need to generate profit. It is understood that since they raise capital through public funds, and operate on public funds, that sparkshttps://www.blogger.com/profile/14176802456964956777noreply@blogger.comtag:blogger.com,1999:blog-5075006.post-38750235822670791082008-03-15T12:06:00.000+08:002008-03-15T12:06:00.000+08:00Heh, what else would you get from governments... g...Heh, what else would you get from governments... governments all over the world demonized profit on paper. Thus, they allow room for corruption. <BR/><BR/>Consider that, say, Department X has a budget of PHP 50 Million for one whole year, but the procurements management and cost cutting at Department X was so good that he reduced expenditures to PHP 40 Million. What happens next year? Does Anonymousnoreply@blogger.com