Skip to main content

Privatization: The Big Joke That Isn't Funny

Paul Bucheit @ Common Dreams - The privatization of public goods and services turns basic human needs into products to buy and sell. That's more than a joke, it's an insult, it's a perversion. It generally benefits only a privileged group of businesspeople and their companies while increasing inequality and undermining the common good.

Various studies have identified the 'benefits' of privatization as profitability and productivity, efficiency, wider share ownership and good investment returns. These are business benefits. More balanced studies consider the effects on average people, who have paid into a long-established societal support system for their schools and emergency services, water and transportation systems, and eventually health care and retirement benefits. These studies have concluded that:  Read more.

Comments

Popular posts from this blog

The Little-Known History of the Forced Sterilization of Native American Women

Two fifteen-year-old Native American women went into the hospital for tonsillectomies and came out with tubal ligations. Another Native American woman requested a “womb transplant,” only to reveal that she had been told that was an option after her uterus had been removed against her will. Cheyenne women had their Fallopian tubes severed, sometimes after being told that they could be “untied” again.  Read more.

Why African American Women Joined the Communist Party

During the 1930s, the New Deal’s efforts to drive economic recovery had a dirty not-so-secret. To get the support and votes of southern whites in Congress, President Franklin Roosevelt had to water down relief efforts for African Americans. Even with programs that attempted to be race-blind, the South’s white administrators did their best to deny federal assistance to African Americans. Discrimination and segregation were still the name of the game, even in economic collapse.  Read more.