Public-Private Partnership Is NOT a Libertarian Concept!

Propaganda Report

Privatized Isn’t the Same as Private

Several years ago, when I saw protests in Europe against austerity and privatization, I thought they were misguided. If a country is powering down the welfare state in favor of free enterprise, the people should be happy. Then I realized that privatization isn’t exactly free enterprise. Often it involves taking an industry that is served by a government monopoly and delivering it wholesale to a private entity or individual while keeping in tact regulations that restrict competition, mandates that individuals purchase the product or government contracts that generate all the firm’s revenue.

When I see that some of the richest men in the world got that way buying government-run monopolies that remain insulated from competition long after being taken “private,” I don’t think of the oligarchs as entrepreneurs. When I look at single-payer healthcare vs mandated health insurance purchases, I don’t see one as…

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