Quote:
Originally Posted by u-Bob
There's nothing libertarian about the neoliberal privatizations (as seen under Thatcher or in Argentina). Those "privatizations" were just another form of corporatism. They used money acquired through taxation to build companies and infrastructure. They then protected those companies from competition and continued to fund them with the taxpayer's money (essentially removing any incentive to run a cost effective operation). They then sold those companies to their cronies at submarket prices.
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i agree for the most part, but within globalization this is kinda positively changing, when you produced something you have to compete with Your countrymen while You do the same against all global competedors and it's a good thing, i believe most of the governments had to be weken soon within help of technology/globalism/capitalism since we don't need it mutch anymore...