Friday, December 19, 2008

Privatization gone wild

The United States government has been privatized. It is now a corporation, formed to conduct business. The takeover is complete.

Since Ronald Reagan, every single administration, with the help of congress, has chipped away at the institutions of government, in essence redefining the role of government. For over thirty years, both conservative and middle of the road politicians have pushed the concept that "big" government is bad, bureaucratic, a waste of money. It is an ideology driven by the radical "free market rules all" camp à la Milton Friedman and Alan Greenspan.

We have witnessed the most radical culmination of this ideology under the Bush II era. Government hollowed out to the point that it can't fight its own wars, it has to use a privatized fighting force instead. Government gutted to the point that it can't respond effectively to natural disasters. Government so weak that it can't regulate important industries like banks. Government which no longer can govern.

In the past a revolving door existed between the private and public sector. In recent years, that door has been blown to pieces. Now there is a gaping hole. It is virtually impossible to differentiate between corporate executives, politicians and lobbyists. Hank Paulson? Dick Cheney? Rahm Emanuel? Erik Holder? Donald Rumsfeld? Who are they working for?

We are all now suffering the consequences of this dangerous merger of private and public. Former corporate executives run the government and former politicians run the corporations.

See here just one example of what happens when there is no one around to keep watch.

1 comment:

Rami Abdelrahman said...

Neo Capitalism 2009: Privatize profits, socialize losses!