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by ryanobjc
2383 days ago
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Also important to remember that "hijacking public services for their own benefit" is hardly an abstract charge. There has been many examples of public goods being transformed into private goods for huge benefits to a select few. This is basically the history of Russia in the 90s. It happened in Canada as well, privatization of public monopoly corporations did not return fair gains, and instead increased costs. Ditto in the US in various places, for example look at private prison with guaranteed profit-performance clauses (originally secured under the seemingly 'reasonable' concept that private companies wouldnt take a risk if there was no backstop/floor to financial performance). All of these extremely shady transactions are seemingly greased by a whole army of well paid business consultants. At a certain level, if you aren't skeptical of their history, isn't you who are being naive? |
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