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by thedmstdmstdmst 1757 days ago
Are you sure it doesn't go the other way?
1 comments

Yes, I am. As an example, the French public retirement pension system was built after WWII from a multitude of private pensions that were put in place over decades by various unions/corporations/guilds.

Privatizations also happen, it's not an irreversible process, but over a scale of centuries I think the tendency is towards nationalization of utilities. (Though the US is an outlier in how little it nationalizes)