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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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The post you are reporting:
"more profitable private sector"
This is where the whole idea falls down.
This phrase, and many others like it, sound wonderful and oh-so simple. Even an idiot can 'understand' it. Just what an individual understands by such trite 'truisms' depends very much on the individual though.
Understood entirely differently by Roger's brother and his employers.
Perhaps a far better mantra would be, "increased turnover" and let the pre- and post-tax profits fit the circumstances.
It may be that the East India Company did not quite go out of existence in 1873, but was subsumed by the ruling establishment.
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