The classic exposition of this theory is as follows: "Many state-owned assets are popsicles, which will naturally disappear when they are not used, and will only produce benefits when they are operated. The management's acquisition of state-owned enterprises has achieved the integration of property rights and management rights. Even if it is a "zero price" or even a negative price transfer, the country does not necessarily suffer, because many state-owned enterprises have a lot of debts and heavy burdens on employees. This is just like the negotiation ability when you remarried your daughter and when you were single. "
Later practice proved that many new owners of state-owned enterprises after privatization were only interested in the income of state-owned enterprises, and the original liabilities and employees were stripped out through various channels. After paying off the debt and pushing the original employees to the society, the internal problems of state-owned enterprises have become social problems. ....................... has eaten popsicles. Popsicle sticks and wrapping paper have polluted the environment.
Recognizing the disadvantages of popsicle theory has become a historical term in the reform of state-owned enterprises and is remembered rather than simply recognized. Of course, as one of the basic theories of privatization of state-owned enterprises, its equivalence discussion is still active in various privatized and restructured state-owned enterprises.