28 October 2008

GIO: Sucessful Privatization

Question 15: What privatization models have worked?

Please give your thoughts, opinions, facts, arguments, etc. in the comments.

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  1. I think privatization without competition is just a government sponsored monopoly.

    What government needs is more accountability and the ability to reward efficient management.

  2. Enron was held up as a privatization superstar. Washington Public Power Supply Systems holds the record for defaulting on well over 2 billion in public bonds. And that's just the top two electric private utility ripoffs that come to mind. Give me your best argument for privatizing water without a CEO and BOD cronies making huge salaries and bonuses off of a public resource I feel would be better managed by public or non profit agencies.


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