89

Not being run by the government will not make the postal service "consistently profitable". In itself it will change nothing. What could make it profitable is to make some kind of sacrifice: either we decide that everybody must pay more for it, or that people who live alone in the mountains will stop receiving letters. These are sacrifices that a ...


34

There are several reasons why the post office isn't privatized. For starters, in the U.S. the Post office is an enumerated power of congress, they essentially have full control over locations, allowed routes, and general operations. A private company would probably not ever want to have congressional approval for any material changes. Another reason not to ...


22

There are several reasons why the post office isn't profitable and they are all out of the control of the post office itself. It should also be noted that the post office is self funding. Honestly when you look at the history and realize expenses have been put on the postal service because it was to profitable the problem should become clear. https://www....


16

There have been certainly been proposals in the U.S. to privatize the postal service, mainly from the "small government"/libertarian-leaning faction of the Republican party. (The Democratic party tends to be skeptical of privatization in general.) But none of them have caught on yet, and I think the reason is very simple: voters don't want a change....


10

Is there a specific term for this practice of cutting funds allocated to a public asset, such as the given example of railroads, in order to facilitate its privatization? Interestingly, the term "load-shedding" (Action to reduce the load on something, especially the interruption of an electricity supply to avoid excessive load on the generating ...


7

(Expanding on a comment, this isn't a full answer) A related concept to the question if "Starve the Beast." It describes the first part of the question (defunding) but not the second (to privatize). The phrase "starving the beast," first whispered by neo-conservative intellectuals behind the closed doors of Washington think tanks, has ...


6

Beyond costs, if the USPS was privately operated, it could choose what mail to deliver and what not to (votes, census data, taxes, etc.). Oversight would be limited to a board of directors at best, and if they lean one way or another, watch out. Because it's private, free speech would also not be guaranteed. Would you want that? Imagine if someone releases a ...


6

From the summary of a recent IMF publication, which is a working paper, so not the official position of the IMF, but it probably reflects it by and large given that an entire IMF department basically signs off on it... SOEs [state-owned enterprises] systematically underperform relative to their private sector counterparts. Statistical analysis in the ...


6

It is reasonable to believe that it is being privatised because privatisation is a core strategy of the Tory party. Since the 1980s the Conservative party has held a policy that, where possible, state-run companies should be moved to the private sector. It is almost an article of faith for Tories that privately owned companies, subject to "market forces", ...


5

Your question is sort of like asking what big, strong people all have in common that makes them good at weight lifting. What do the formerly communist nations have in common that causes oligarchs to arise when they transition to a mixed economy? The simple fact that they are communist nations making this transition is enough to explain it. Although under ...


4

For a railroad example, we can look at the privatization of the Canadian National Railway in 1995. Operating as a for-profit Crown corporation, CN reported a profit in 11 of the 15 years from 1978 to 1992, paying $371 million in cash dividends (profit) to the federal government in this time. The 'standard technique' says: first thing to do is defund ...


4

First things first (highlight mine): Q. Does the IMF advocate privatization and market liberalization in poor countries, ignoring local conditions and adverse social consequences of such policies? A. As part of the Fund's policy to streamline conditions within Fund-supported programs, privatization and market liberalization policies are only considered when ...


3

It's unlikely, but not impossible. After all, Hearst did manage to start a war, and that was 100 years ago. Approach #1: Bully the vote OK, we are shutting down GMail, Google Search, etc... unless you elect 100% the slate of leaders we want elected. There are enough Google fankids or people desperately relying on Google infrastructure out there that they ...


2

What's historically speaking the "standard technique of privatisation"? Assuming that there was indeed some standard technique, then I'd look what was the biggest privatisation program in history - economic transformation of the Eastern Block around year 1989. Were the enterprises in awful state as described Chomsky? Maybe not technically speaking defunded,...


2

No, Occupy Wall Streets was concerned with income disparity. Privatizing the SS Trust fund would have a tiny effect on income Occupy Wall Street main concern was income inequality. The Occupy protesters' slogan "We are the 99%" refers to the protester's perceptions of, and attitudes regarding, income disparity in the US and economic inequality in general,...


2

OrbitalAussie was able to point me towards a good answer. In modern China, Article 39 of he Property Law of the People's Republic of China allows people to use land from property, but they must comply with the laws of the Chinese state. Generally, most land is owned by the state (who possesses urban land) and rural collectives (who are in charge of ...


2

It's a tradeoff between cost and universal coverage, and universal coverage has been determined to be more valuable than cost. It's mission statement: The Postal Service shall have as its basic function the obligation to provide postal services to bind the Nation together through the personal, educational, literary, and business correspondence of the people....


2

The post office is public because the ability for the federal government to create the post office is written into the constitution. Initially this was to have a government agency that could perform the required tasks of the nation (census, taxes, etc) however as we've developed more ways to contact people the post office's public status has come into ...


1

The short answer is that the USPS is not a private corporation for exactly the reason you state; delivering the nation's mail is not a profitable enterprise. So, nobody else wants to shoulder that particular burden. Oh, other companies will definitely chip away at the market of mail and parcel delivery, where there is money to be made in various niches. ...


1

According to US News, there are only two Democratic candidates who support charter schools. Elizabeth Warren and Joe Biden. On the Republican side, Donald Trump is also a staunch supporter of charter schools.


1

In general, the proposals to privatize Social Security did not involve the money already paid into it. Instead, privatization would have reduced the money going into the Social Security trust fund and, for those who chose to do it, have reduced the money that would later come out for those same people. Since the Social Security trust fund receives a higher ...


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