A Quote by Azim Premji
Private sector cannot substitute the role of the government in primary education.
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In World War II, the government went to the private sector. The government asked the private sector for help in doing things that the government could not do. The private sector complied. That is what I am suggesting.
If you look at the fact that the best chance we have for a good economy is the private sector. The government cannot create jobs. If the government could create jobs, then Communism would have worked. But didn't work. So what we have to do is allow the private sector and the entrepreneurial spirit to lead us back to a job-filled recovery.
I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.
The biggest difference between the private sector and public sector is in the private sector, there's a sense of urgency because you have customers and you have competitors. Whereas in government, one of your major objectives is to not make any really big mistakes.
Living standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.
There is definitely a need for increasing capacity in higher education; a large part of this is being met in the technical education segment by the private sector and in the non-technical by the state sector. In the public sector, we will do whatever we can afford.
Americans cannot maintain their essential faith in government if there are two Americas, in which the private sector's work subsidizes the disproportionate benefits of this new public sector elite.
I understand fully that jobs are created by the private sector, having been all my life in the private sector, but I don't buy the argument that the state has no role to play.
We need the private sector to succeed, because if the private sector succeeds, America succeeds. Because it's not the government that produces jobs, it's the private sector.
Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship between them all.
Al Gore's problem, in my view, is that he never liked politics. He's actually deeply uncomfortable in it but felt he had to do it because of his father. He's much more comfortable in a private sector role and has, in fact, been much more successful in a private sector role, and I admire him for that.
Government has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.
The private sector must play a role in ensuring the prosperity and health of the people who comprise its market. It is time for the private sector to become a proactive partner contributing to the efforts of governments and philanthropies.
I believe the private sector and small businesses drive our economy, and that means the federal government should work to ensure the private sector is as robust as possible.
If you work for the federal government, the average salary is $7,000 higher than the private sector. Something's wrong with that, when you're making more money working for the government than you can working in the private sector.
For wide swaths of training and education there are valuable spillovers which mean that the private sector needs support from the government. That is why I have been so determined to protect and grow apprenticeships and put higher education on a sustainable footing.
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