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Questions tagged [privatization]

Questions relating to the transfer of assets/companies from the public sector (state ownership/control) to the private sector (private ownership/control)

8
votes
2answers
379 views

Is Chomsky's “standard technique of privatization” historically accurate?

Noam Chomsky said once in lecture: Social Security is actually in pretty good shape despite what everybody screams about. But if you can defund it, it won't be in good shape. And there is a ...
6
votes
2answers
180 views

What political factors are shared by countries that let oligarchs emerge during the transition from a communist country to a capitalist country?

The privatization of state assets from formerly communist countries is often riddled with corruption and leads to a small ruling cadre with extensive influence (see the example of Russian oligarchs). ...
2
votes
0answers
40 views

How did Rolando Paksas improperly meddle in a privatisation deal?

Rolando Paksas was the first European president to be impeached. He was also the third president of Lithuania after it seceded from the Warsaw pact. According to wikipedia: During his term, ...
18
votes
6answers
4k views

What are the differences between mercenaries and a country's armed forces?

I don't quite get the exact difference. I know the mercenaries act with less oversight, but are also quite expensive. So I wonder why does the US military used mercenaries in Iraq and Afghanistan so ...
4
votes
1answer
404 views

Why is the East Coast railway being reprivatized?

The various private rail franchises in Britain have all had their share of difficulties. East Coast actually collapsed, and was renationalized. As a public concern, it has outperformed the private ...
-4
votes
4answers
403 views

Would privatizing Social Security “solve” Occupy Wall Street?

The Democrats oppose privatizing Social Security because it wouldn't be fair to those who have already given money into the system. The Occupy Wall Street movement was founded on the rich having a ...
11
votes
1answer
452 views

Is there any evidence that public transport splitting, corporatisation or privitisation affects quality?

In Europe in the last 10–30 years, many public transportation companies have been split up in parts, with some parts corporatised and some parts privatised. This has partly been motivated by an ...