The
idea of privatization
comes from the notion that private companies have
the ability to take care of what government cannot do. Yet, we see that is
really a fallacy. A pipe dream. We see that
privatization may not have the people in mind.
They
say the operation of the free market is crucial
to promote productive efficiency and foster harmony and peace among the people
of the world. Can we really believe that though? With the increase of
productivity, we find increased profits, but not increased prosperity.
We are seeing rising suicide rates, higher debt to income ratios, and lower
life moral. More importantly, the opportunity for high quality, stable jobs have declined. Yet when you listen to
conservative news channels, they are eager to boast about the nonexistent unemployment rate.
The
reality is that marginalized communities, particularly Black communities, are hit the hardest
because of privatization because it allows discrimination to be more discrete.
Understanding that white supremacy is alive and well, the
people behind these companies have the power to make decisions without
accountability that perpetuate disparities and affect generations of
marginalized people. All it takes is for a company that get subsidized by the
government to have an executive officer that believes Black people are inferior
to white people to taint the system. Deny Black people contracts and giving
priority to white contractors without any oversight is why we see what we see
today. Ultimately is that good for society, and does that live up to the
mission of true capitalism?
What
we need to understand is that the idea of capitalism that we know of is an
American creation. A good, a service created and exported from the U.S. The
idea of capitalism was embraced so much that they spread the idea of the free
market to every part of the world they had influence in. When others buy into
them, some things work, but other (rather most) things fall flat on their face
and through the cracks.
The
big question is whether more capitalism is better, or is there a point where
too much goes too far… If so, who pays for that?
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