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Re: Is "Privatizing" just a tool of the "Elite" Class?
Well there are some econometric data that indicates that privatization worked for liberal economies like Hong Kong and Singapore and the South American Miracles. I can't recall the exact source, but several minutes on wikipedia should do the trick. I'm as liberal inclined as the next person, but there are justifications for privatizing and using markets as tools. This view is well articulated by the works of Milton Friedman.
The problem is when privatization is taken to excess. I hate to frame things like a class struggle because that isn't what economics is about, so lets just say privatization as a mechanic is favored by some political groups even when the justification isn't there. My hero, Krugman, has written tons about this. Google his critique of the life of Milton Friedman for an informative, not to mention fun, read.
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