Sunday, February 28, 2016

What is PRIVATIZATION?

Something we haven’t heard much about traveling down the dirt road to the White House has been PRIVATIZATION: this is when not-for-profit public services, or utilities, or common spaces, paid for and provided by taxpayers, are sold off or auctioned at the lowest possible price and then converted into for-profit businesses which then offer those same or partial services back to the public for the highest possible price they can get away with. This makes the Investor-Class more wealthy than before conversion, and it ensures that the public, the poor and middle class, pay the highest possible premium for vital services previously available at a discount.

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