Privatization Is the Problem, Not the Solution

[Erich Bloodaxe BSN]

1. New Zealand puts this on display time after time.

Every time National (the major right wing party) gets in power, they start privatizing right and left. The private enterprises immediately start raising rates, service deteriorates, infrastructure is ignored and runs down, then Labour (the major left wing party) is left to buy back the run down services again and fix them so that the country has working services again. Rinse and repeat.

So the only real thing privatization does is screw over the country and transfer wealth into a few private pockets. Because that's exactly what it's intended to do.