4 ms·
> Can you name off the top of your head the last 3 significant privatizations? In the UK, privatisation of Network Rail arches (which will 'break even' for the
by joshuaissac 3y ago
> Can you name off the top of your head the last 3 significant privatizations?
In the UK, privatisation of Network Rail arches (which will 'break even' for the buyers in about ten years), privatisation or TfL land in London at below-market prices to property developers, and the backdoor privatisation of NHS services through public-private partnerships.
- justrealist 3y ago- 2019 - 2010s? Hard to tell what you are referencing - Not a real example (subcontracting is not the same as selling off state properties). So yes, 2-3 examples from the UK over the past 2 decades is not really compelling.
- bmer 3y agoSo, why then did you ask for: > Can you name off the top of your head the last 3 significant privatizations? I can list similar privatizations in Canada. Here's an article that discusses various issues around it in the Canadian context: https://www.sciencedirect.com/science/article/abs/pii/S026483771932160X https://www.sciencedirect.com/science/article/abs/pii/S02648... Even further back: during Prime Minister Mulroney's tenure (which coincided with Reagan's and Thatcher's), quite a few public corporations were privatized. Here's a news article from that time period that gives an idea of the pressures faced in Canada at the time, and how what Thatcher was doing in the UK (producing a long list of public corporations and services to privatize) was affecting Canadian judgements: https://www.washingtonpost.com/archive/business/1985/08/30/despite-mulroneys-pledge-canadas-business-ownership-thrives/73b4bbf4-4577-4429-b466-f16babc9beef/ https://www.washingtonpost.com/archive/business/1985/08/30/d... And here's an analysis of how the privatization of Canada's medical isotopes business didn't save the government money, and instead only helped to cushion private owners from risk: https://www.utpjournals.press/doi/abs/10.3138/chr.2019-0010 https://www.utpjournals.press/doi/abs/10.3138/chr.2019-0010 We also have a prominent think-tank that is constantly pushing for further privatization: https://www.fraserinstitute.org/article/time-privatize-governments-should-begin-selling-assets https://www.fraserinstitute.org/article/time-privatize-gover... Just some more evidence, from different time spans, in case you are serious.
- justrealist 3y agoI asked you for the 3 most recent examples you could think of, and your recent examples were decades old. You have now linked me to a paper discussing privatization happening in the 1980s and 1990s. If you want to make the argument that this happens frequently in the west, you need to find examples actually happening this decade. I don't feel like this should be controversial.