The myth of Privatization efficiency

Thanks to Bob (see last post), here's an article from The Daily News Online titled:

Latin Americazation of the USA

What's interesting about that title is that Venezuela's president is hard at work democratizing Latin America and changing its banana republic status to a viable, sustainable democratic world force. (And we are busy trying to throw a wrench into the works.) So, as we switch places, perhaps we should think of another fruit to replace "banana" since we don't grow bananas here (and there's no point going into FTAA here). I suppose the name should honor Florida, as a leader in banana republican tactics. Of course, Texas does a nice job, as well. So, I think it's no contest. We'll be a grapefruit republic.

Excerpts from the article:

If a service cannot be provided efficiently to the public by the government at a profit, it can't be provided any more efficiently to the public at a profit by the private sector. And because the private sector must make a profit, you can be sure that privatization will be more expensive and still be less efficient. All over the world, this has been proven again and again. It's not in question; it can't work any other way.

...The "fiscally conservative" "free-market" program of modern "conservatives" is a scam, pure and simple. It isn't based on any serious economic analysis. It's piracy that takes your tax money and hands it over to privateers who don't care whether you are getting what you think you're paying for. And it's not just hurting the poor; it can destroy the middle-class, while a small handful of rich people learn that they can spend your money on...a lot of expensive shoes.

Meanwhile, your jobs become less and less secure, and lower-paid, with fewer benefits - and what benefits you do get (like healthcare) are so vital that you don't dare leave the company, no matter how badly you are treated. You're still paying taxes, but everything they are supposed to cover gets privatized and now you are having to pay for them again.

I have a collection of articles on the scam of privatization that I'll have to sort and code into a webpage. Okay, some day perhaps. For now, you can also have a look at my links on "corporatization".

....but hey, do what you want....you will anyway.