Privatization prevents accountability, cheats democracy
Mistaken faith in equality of markets overshadows corruptibility in for-profit motives.
Privatization amplifies rather than solves problems, writes Mike Konczal on Salon.com. Most notably, privatization is a way for governments to circumvent accountability measures. Konczal explains why free markets can't actually improve upon government services, the reason they can only address cost-effectiveness (reducing quantity and quality).
"Privatizing the government is one of the most active projects of the early 21st century.
Everything we once expected the government to do — from education to regulatory rule-writing to military operations to healthcare services to prison management — it now does less of, preferring to support markets in which these services are done through independent, profit-maximizing agents. Tools such as contracting out, vouchering and the selling-off of state assets have been used to remake the government during our market-worshipping era..."
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Posted: March 19, 2012
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