Best not to interfere when your enemy is defeating himself
Posted by aogThursday, 02 August 2007 at 14:35 TrackBack Ping URL

This is a bit old but still funny. It seems that Iranian President Mahmoud Ahmadinejad is busy “privatizing” various industries in Iran in order to raise money to keep his regime afloat.

The first funny is that the author thinks that privitization of key industries will make things worse for Iran and it citizenry while critizing Ahmadinejad for his “failed economic policies”.

At a time that the government is imposing gasoline rationing, the privatisation programme is offering key refineries, including those of Isfahan and Tabriz, for sale.

So, Ahmadinejad is ruining the economy, therefore it’s a bad idea to remove key industries from his control? The author doesn’t seem to have read much history with regard to the comparitive performance of public and private industries. On the surface, this in fact looks like a good idea if one is trying to revive the Iranian economy.

The second funny is that, Ahmadinejad being the corrupt loon that he is, he can’t even do that right. He’s busy selling the industries off to cronies at cut rate prices, which sort of undermines the whole “it’ll raise a lot of cash for the government” rationale. Sounds like he’s going to duplicate Russia’s success in this area and likely get the worst of both public and private worlds.

All of this makes me wonder if additional economic sanctions against Iran are a good idea. At this point, Ahmadinejad and crew are running the Iranian economy in to the ground all by themselves, American imposed sanctions might well prop up his regime the same way they’ve helped kept Castro in power. The best thing to do would be to conduct psyops to piss off Ahmadinejad and get him to impose economic sanctions on us. He’s just the guy dumb enough to do it.

Comments — Formatting by Textile
Michael Herdegen Friday, 03 August 2007 at 03:28

While I mostly agree with your analysis, it should be noted that however flawed was the privitization of Russia’s oil and gas industry, in the end it resulted in capital improvements that greatly increased production. If it worked that way in Iran as well, however imperfectly, it actually would extend the life of the current system of gov’t there.

Annoying Old Guy Friday, 03 August 2007 at 08:52

Wasn’t it the case that much of that depended on American investment and technology?

Bret Friday, 03 August 2007 at 11:42

But the new owners were willing to utilize the investment and buy the technology, unlike the Soviet government.

Michael Herdegen Friday, 03 August 2007 at 12:15

Even if American firms are forbidden to work with Iran, there are plenty of capable European gas & oil co’s.

cjm Friday, 03 August 2007 at 21:41

although by definition corporations are amoral, they aren’t suicidal. the recent seizures of oild company projects in the cccp and venezuela might cause them to wait on the sidelines.

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