Via Moyers & Company:
The privatization of public services was always driven by an underlying ideological hostility toward government, but it wasn’t sold as such. Rather, privatization was supposed to yield huge, tangible benefits for the public. The ostensible efficiency of the private sector was supposed to result in the provision of better, more extensive services for less money — even after corporate owners took their profits.
In The Atlantic today, Molly Ball reports that these promises have generally failed to come true, and that the real-world track record of privatization is causing a backlash within...
