We have more than enough experience to know that privatising infrastructure is often a terrible move as far as consumers are concerned. Yet we still fall for the lie of 'private efficiency'.
The truth is that the efficiency argument is just a fig leaf for the true ideological motivation to sell off publicly owned assets. The true reason is at the core of neoliberalism and it is essentially to increase investment opportunities for people with capital. Nothing (not even childcare) can be provided by people for people. It must be offered up to 'the market'.
The truth is that the efficiency argument is just a fig leaf for the true ideological motivation to sell off publicly owned assets. The true reason is at the core of neoliberalism and it is essentially to increase investment opportunities for people with capital. Nothing (not even childcare) can be provided by people for people. It must be offered up to 'the market'.