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Five Ways Privatization Degrades America


Business  (tags: abuse, americans, business, consumers, corporate, corruption, dishonesty, economy, ethics, finance, government, investments, labor, law, lies, marketing, money, politics, Privatization, society )

Kit
- 738 days ago - commondreams.org
With perverse irony, the corruption and incompetence of private industry has actually furthered the cause of privatization, as the collapse of the financial markets has deprived state and local governments of necessary public funding, leading to an-->



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Comments

Kit B. (276)
Sunday August 19, 2012, 8:32 pm

A grand delusion has been planted in the minds of Americans, that privately run systems are more efficient and less costly than those in the public sector. Most of the evidence points the other way. Private initiatives generally produce mediocre or substandard results while experiencing the usual travails of unregulated capitalism -- higher prices, limited services, and lower wages for all but a few 'entrepreneurs.'

With perverse irony, the corruption and incompetence of private industry has actually furthered the cause of privatization, as the collapse of the financial markets has deprived state and local governments of necessary public funding, leading to an even greater call for private development.

As aptly expressed by a finance company chairman in 2008, "Desperate government is our best customer."

The following are a few consequences of this pro-privatization desperation:

1. We spend lifetimes developing community assets, then give them away to a corporation for lifetimes to come.

2. Insanity is repeating the same mistake over and over and expecting different results.

3. Facts about privatization are hidden from the public.

4. Privatizers have suggested that teachers and union members are communists.

5. Privatization often creates an "incentive to fail."


by Paul Buchheit | Common Dreams |

Continue reading at Visit Site - an excellent article with many internal links.
 

Jason S. (57)
Sunday August 19, 2012, 9:13 pm
Privatization should be outlaw
 

Robert O. (12)
Monday August 20, 2012, 12:15 pm
Thanks Kit.
 

Mike M. (53)
Monday August 20, 2012, 12:43 pm
Just another way to be robbed in America and have to pay the bill to cleanup afterwards too!
 

Ioannes J. (1)
Monday August 20, 2012, 1:55 pm
Privatization = Fascism
Privatization of Governments resources same as running by business Mafias (Mediocre service, Increment $$ annually, paid salary scales but work 2 times hours similar to factory worker with Non employment benefits. )
 

Nancy M. (201)
Monday August 20, 2012, 2:03 pm
Privatization is about some politicians giving his corporate buddies a bone. Corporate buddies lay off everyone, hire them back at minimum wage, and pocket the difference.

WAKE UP!
 

Kit B. (276)
Monday August 20, 2012, 2:25 pm

The key element here is not just that prisons and charter schools are privatized, but within that they are still supported by your tax dollar.

The full on, open corruption is not just within the corporation but now brings your tax money into the corruption.
 

Wild Thang (9)
Monday August 20, 2012, 5:14 pm
More of the profit locomotive gone loco....
 

Jennifer C. (172)
Monday August 20, 2012, 9:09 pm
Thanks for the update.
 

Mary Robert (2)
Monday August 20, 2012, 11:30 pm
If Social Security were invested in the NYSE, it would all be gone by now.
 

Roger Skinner (14)
Tuesday August 21, 2012, 12:40 pm
Actually, this article was posted on another website last week and has been noted by Judy C. at:
http://www.care2.com/news/member/864072146/3433412
Still, it is worth repeating and I will repeat my comment on Judy's article:

Privatization sounds like a good idea, and often seems beneficial, at least initially, but longer term it doesn't work out that way. When private profit becomes more important than public good, guess which gets screwed.
 

Mary Donnelly (47)
Tuesday August 21, 2012, 3:42 pm
Thanks Kit.

It depends what's privatised. Governments, state or federal, should provide defence, justice, law and order, fire fighting, and money.

Some bloke in Ancient Rome provided private fire fighting services, which resulted in so much corruption that he became the richest man in Rome, and one of the richest men in history, with the nickname 'Dives'--the rich one.

Rome was no democracy; in a democracy we should protect our rights. Co-operatives and mutuals can provide many socially beneficial goods and services, without the government needing to become involved.
 

marie Taylor clarke (166)
Tuesday August 21, 2012, 5:04 pm
Noted Thank you Kit
 

Lois Jordan (55)
Tuesday August 21, 2012, 5:53 pm
Noted. I'm trying to figure out if there's a "war of sorts" actually going on between gov't and the private sector....or if they're working hand-in-hand to just keep raking in the money and keep screwing the people.
 

Tal H. (8)
Wednesday August 22, 2012, 6:05 pm
Thanks for the article!
 

Kerrie G. (135)
Thursday August 23, 2012, 11:56 pm
Noted, thanks.
 

Dea V. (9)
Tuesday August 28, 2012, 10:17 pm
noted, thanks
 

Ancil S. (175)
Thursday September 6, 2012, 8:51 pm
Noted.
 
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