![]() Or they could just increase their tax or levvy and increase grants and aid. I’ll leave it to an economist and accountant to work out the details but I think there’s something in the space of private business paying “higher bribes” and evading good governance and hold back social development that needs looking at. ![]() It’s been discussed within EU circles on and off for years to level up developing countries by effectively removing the race to the bottom transfer of manufacturer and services to lower cost countries without any pressure to invest in health and welfare and other systems in those countries which of course would raise business costs again. “At the end of the day, you cannot look that in the eye and turn it down,” he said.įor those who can’t I wonder if a tariff kind of system cannot be developed. He said he got a significant salary boost when he joined AWS and will be able to retire “a lot earlier.” “It’s not that AWS is targeting government personnel,” said AWS’ Eldakdoky, but that people like him find it hard to resist better-paying jobs in the private sector and Amazon’s offers are particularly competitive. Not only a job or a department or an agency but an entire sector can then follow so an entire area of state endevour can be handed from the accountable state monopoly to an unnaccountable private monopoly.Īnd it’s unlikely that the revolving door is going to stop turning any time soon - AWS is able to pay its employees six-figure salaries and stock options that dwarf the salaries of mid-level government employees. A few steps down the line and they begin lobbying to write the rules in their favour as nobody else is left to do the work and they have no money to pay for it. The balance of influence shifts from regulator to the regulated. Multiple people may need to be hired to fill the gap so increasing costs while reducing output. A bleeding of “business intelligence” may have knock on effects across multiple agencies. Lost of perceived power and influence may lose media interest and result in a shifting of political priorities. Where a “champion” is removed it may create a power vacuum which results in consolodation so department effectiveness is reduced. It may shift the political tone so the direction of travel is different. It leaves a vacancy where a dud may be appointed into their place. It may remove someone who had settled in and managed to get things moving in a particular direction. There’s also other advantages to recruitment. …it shifts a well developed asset from one entity to another entity so doubles the effective gain. …followed by a lot of burst activity to capitalise on this and…ĪWS’ Stone said Amazon follows all federal laws related to hiring former government officials, has “a robust process for screening former government employees during the hiring process,” and has “adopted specific policies that reinforce our commitment to complying with conflict of interest and revolving door rules.” ![]() And it helps immensely that they often know whom to call at their former government agency. Ethics rules allow former officials to advise a private-sector employer on how to get particular government contracts. There’s a loophole of sorts: forward planning and forward deployment…īut once that period ends, those government hires become particularly valuable. The company’s legal team regularly updates an internal wiki page detailing which recent recruits are blocked from working on particular projects and when they become available. AWS has “a pretty rigorous firewalling process” to ensure new employees don’t violate those no-contact restrictions, Eldakdoky said.
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