MooPig Report from the Middle -- PRIVATIZATION : the Game, Part One, UPDATE

5 Ways Privatization Is Ruining America | Alternet: "August 13, 2012  |

" ...  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." (Paul Buchheit. 13 Aug 2012. LINK)..."

'via Blog this'




___________________Reference
http://www.alternet.org/economy/5-ways-privatization-ruining-america?page=0%2C0&akid=9229.251800.S5KoB2&rd=1&src=newsletter694379&t=3