Privatization, like 'free trade', is no longer an accepted watchword. It has grown grotesquely, fed by corporate greed and power, into a toxic force in our democracy. The equilibrium of a healthy balance between corporate and public power has been smashed and needs to be regained.
David Cohen puts it well:
Today, privatization is weakening democratic public control over vital
public goods, expanding corporate power and increasing economic and
Nowhere is it more evident than in our public school systems, once the pride of this country, and the degradation of higher learning, as in 'for-profit' universities.
In case you need any further validation of the toxic effect on our standards, health and quality of life, no less a witness than the International Monetary Fund has issued the conclusion that 'privatization, monetization of public institutions is a bust.' pic.twitter.com/IOyU3Dqwii
And if there is anything to be gleaned from the unrest of this unique election year, it is that Americans are having no more of it. Thank goodness.