If senior executives were to be paid a small percentage of the privatisation profits they would have an incentive to sack the obvious cretins and bureaucratic fat before the sales, as the various channels and programmes would then fetch more money. The privatisation process would offer this percentage take to senior executives in lieu of pension, redundancy and golden handshake money, as they would of course be redundant after privatisation.
Friday, 13 September 2013
Privatising the BBC
Why should people be made to pay a television license fee? No-one forces us to subscribe to the Guardian, the BBC's paper equivalent - and practically the only newspaper read at New Broadcasting House. We should sell the BBC to the private sector, so that we can choose whether to subscribe or not, or whether to watch former BBC programmes on Freeview. (See also my suggestion for privatising that other Stalinist monolith, the NHS.)