Privatization has been a buzz word for the last 40 years

Privatization is one of those words that has been thrown around a lot, usually accompanied by promises of efficiency, lower costs, and better services. But the reality is far grimmer, and people generally don’t understand why. What Is Privatization? It is simply when publicly owned industries or services are transferred to private companies. It usually … Continue reading Privatization has been a buzz word for the last 40 years