Successul "privatization" examples?

techs

Lifer
Sep 26, 2000
28,559
4
0
From deregulated energy traders in California bragging how they stole Grandma's retirement money to parking meters in Chicago to showers in Iraq, I can't think of the great privatization successes.
I figure their must be soooo many, since people keep putting it forth as the solution to,,,,well, just about everything.
Help me out here. List the notable privatization successes for my edification.
 

Craig234

Lifer
May 1, 2006
38,548
350
126
Originally posted by: techs
From deregulated energy traders in California bragging how they stole Grandma's retirement money to parking meters in Chicago to showers in Iraq, I can't think of the great privatization successes.
I figure their must be soooo many, since people keep putting it forth as the solution to,,,,well, just about everything.
Help me out here. List the notable privatization successes for my edification.

It's funny, long ago I bought into the privatization myth and assumed the 'private efficiency' was far better than the 'inefficiency of the government'.

Then I ran across facts, and they said otherwise.

Turns out, privatization is a lot more about some people making a lot of money, often at public *expense*, and the mythology of efficiency is largely propaganda to help them.

I'm all for a mostly private economy, but 'privatization' is often more harm than good.

In fact, most commonly, especially in other nations, it seems to be little more than the corrupt selling off of the public's resources at bargain prices for someone to profit.

In other cases, it's just ignorant, ideological zeal pushing it, and ignoring the facts about the harm.

One great example of the dangers is the Republican agenda to privatize Scial Security. Boy, that woulda been great for Bush to have succeeded in 2005, in letting Wall Street triple the administrative costs and get their hands on all that money for their schemes, while the crash would have trashed the funds.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
I don't think privatizing EVERYTHING is a good idea. Some bad examples of privatization are red light cameras, tow truck companies essentially enforcing parking laws, and parking meters like you said. (Those should be handled entirely by the state I think)

But socializing everything isn't good either. I think we need to find a happy medium. The problem most people have with regulation is when politicians regulate simply to regulate or things are put into place with complete incompetence. They get in the way of progress more so than solve actual problems.

The Scuba industry is largely self regulated and privatized.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.
 

bbdub333

Senior member
Aug 21, 2007
684
0
0
So go sign your fucking house over to the government.

Jesus... how can anybody be as fucking ignorant as yourself?
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.
 

Possessed Freak

Diamond Member
Nov 4, 1999
6,045
1
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I think there are good examples of private companies doing better then the public equivalents. UPS and FedEx knew there was enough of a market to go after in direct competition of USPS.

I think government services should exist when they are monopolistic in nature and for the common good (socialistic). I know of no good privatization examples in the US, but would not have a problem of those companies to continue to scrutinize themselves if they would be better served to go private.
 

Possessed Freak

Diamond Member
Nov 4, 1999
6,045
1
0
Originally posted by: Phokus
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.

I don't think most Republicans think it is in our best interest to have private armies, firefighters, police, etc. Please, you only hurt your own arguments by trying to lump a group of people into such an outrageous claim.
 

WHAMPOM

Diamond Member
Feb 28, 2006
7,628
183
106
Originally posted by: OCguy
Do you need the government to wipe your ass too?

Just to insure the paper does not contain cancer causing chemicals. But in your case a blistering agent should be added to wake you up.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: her209
Is the Internet considered privatized?

I'd say both, mostly private companies but there are of course government run sites. As for the physical lines I believe most are privately owned.
 

JD50

Lifer
Sep 4, 2005
11,888
2,788
136
Originally posted by: Phokus
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.

No, they don't.

Phokus.txt
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: Phokus
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.

I consider myself conservative, but I've come to learn the only difference between Republicans and Democrats is what salesmanship they use to peddle their agenda/lies.
 

JD50

Lifer
Sep 4, 2005
11,888
2,788
136
Originally posted by: BriGy86
Originally posted by: Phokus
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.

I consider myself conservative, but I've come to learn the only difference between Republicans and Democrats is what salesmanship they use to peddle their agenda/lies.

:thumbsup:
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Originally posted by: Possessed Freak
Originally posted by: Phokus
Originally posted by: BriGy86
Originally posted by: Phokus
http://www.pbs.org/frontlinewo.../bolivia/timeline.html

Bolivia privatized their water, it was a great success... for the company that owned the water (Bechtel).

For a lot of people, the accompanied rate hikes took as much as half their income going to pay for water alone. And that led to violent protests.

So yeah, you can say privatization is a success... from the company's perspective.

Extremes on both sides of the spectrum are bad. It's all a matter finding what plan of action works best for each case.

Yes, this is the position of many democrats and social democrats. However, conservatives will say you should privatize everything.

I don't think most Republicans think it is in our best interest to have private armies, firefighters, police, etc. Please, you only hurt your own arguments by trying to lump a group of people into such an outrageous claim.

Blah blah blah, yes i know that dummy. I'm not going to list out all the exceptions, which mostly amounts to publicly safety and national defense.
 

Ryan711

Member
Jun 23, 2004
149
0
76
"Studies reveal that deregulation of formerly regulated industries is contributing more than 50 billion annually to society's well-being through lower prices, lower costs, and increased output. Most of those gains are accruing in three industries: airlines, railroads, and trucking.

Airfares (adjusted for inflation) have declined by about one-third, and airline safety has continued to improve. Trucking and railroad freight rates (again, adjusted for inflation) have dropped by about one-half.

Significant effiency gains also have occurred in long-distance telecommunications, and there have been slight effiency gains in cable television, stock brokerage services, and the natural gas industry. Moreover, deregulation has unleashed a wave of technological advances that have resulted in such new and improved products and services as fax machines, cellular phones, fiber-optic cable, microwave systems in communications, and the internet."

Source: "Economic Deregulation: Days of Reckoning for microeconomists" Journal of Economic Literature, Sept. 1993.

 

WHAMPOM

Diamond Member
Feb 28, 2006
7,628
183
106
Originally posted by: Possessed Freak
I think there are good examples of private companies doing better then the public equivalents. UPS and FedEx knew there was enough of a market to go after in direct competition of USPS.

I think government services should exist when they are monopolistic in nature and for the common good (socialistic). I know of no good privatization examples in the US, but would not have a problem of those companies to continue to scrutinize themselves if they would be better served to go private.

In case you don't know the USPS has been a self supporting, independent organization for qiute a few years already. UPS and FedEx are fleas on an elephant.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Originally posted by: Ryan711
"Studies reveal that deregulation of formerly regulated industries is contributing more than 50 billion annually to society's well-being through lower prices, lower costs, and increased output. Most of those gains are accruing in three industries: airlines, railroads, and trucking.

Airfares (adjusted for inflation) have declined by about one-third, and airline safety has continued to improve. Trucking and railroad freight rates (again, adjusted for inflation) have dropped by about one-half.

Significant effiency gains also have occurred in long-distance telecommunications, and there have been slight effiency gains in cable television, stock brokerage services, and the natural gas industry. Moreover, deregulation has unleashed a wave of technological advances that have resulted in such new and improved products and services as fax machines, cellular phones, fiber-optic cable, microwave systems in communications, and the internet."

Source: "Economic Deregulation: Days of Reckoning for microeconomists" Journal of Economic Literature, Sept. 1993.

OP said privatization, not deregulation.
 

Specop 007

Diamond Member
Jan 31, 2005
9,454
0
0
Everything previous to about 19.....65. Cars, utilities, furniture, appliances, clothes. Seriously, is this the best you can do? And one could argue that nationalization has gotten us where we are. That in fact nothing has been "free market" for 30+ years.

So I contend nationalization and government influences has caused the failures we see.