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Archive for the tag “free enterprise”

The marvels of privatisation

The really good thing about privatisation is that it provides more opportunities for income-generation, as this example shows – U.S. judges admit to jailing children for money | Reuters: (Reuters) –

Two judges pleaded guilty on Thursday to accepting more than $2.6 million from a private youth detention center in Pennsylvania in return for giving hundreds of youths and teenagers long sentences.

Judges Mark Ciavarella and Michael Conahan of the Court of Common Pleas in Luzerne County, Pennsylvania, entered plea agreements in federal court in Scranton admitting that they took payoffs from PA Childcare and a sister company, Western PA Childcare, between 2003 and 2006.

The benefits of privatisation

Since the Reagan/Thatcher era of the 1980s many formerly public services have been privatised, and according to the “free enterprise” ideologists such a change must be welcomed as entirely beneficial. They would prefer that one didn’t look at the drawbacks of unregulated free enterprise.

Why does the Mafia get involved in hauling garbage? – Slate Magazine:

Organized crime appears to have a hand in trash collection all over the world, from Naples to Tony Soprano’s northern New Jersey. Why are gangsters always hauling garbage?

It’s Mob Economics 101: Find a business that’s easy to enter and lucrative to control. Criminal organizations make lots of money from drugs, human trafficking, and counterfeit goods, but creating a monopoly on garbage collection is attractive because the business itself is legal, and public contracts return big profits.

Something similar seems to have happened to things like public transport, for example (dare one say it?) the taxi “industry” in South Africa.

The benefits of privatisation

Walton Pantland, discussing the recent postal strike in the UK, notes some of the benefits of privatisation in Red Star Coven: It’s not just about your letters arriving late.

It is not only Britain that has suffered from this process, because the Thatcherist policies of the ANC (and of the Nats before them) have led to a similar process here in South Africa. The Nats introduced toll roads, and the ANC government is extending the system. Life expectancy and literacy rates in some parts of Africa, because the free market enthusiasts demand that governments spend less on health care and education.

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