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Has Privatization Benefitted the Public? | naked capitalism

April 9, 2019

To ensure public acceptability, some benefits accrue to many in the early stages of privatization in order to minimize public resistance. However, in the longer term, privatization tends to enrich a few but typically fails to deliver on its ostensible aims.
— Read on www.nakedcapitalism.com/2019/04/has-privatization-benefitted-the-public.html

It is easy to see how this analysis applies to public schools… and sad to know how few people are aware of this…

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