i guess we can start with Mexico, where forced privitization from the World Bank and the International Monetary Fund (IMF) just turned public
monoplies into private ones services deteriorated and prices skyrocketed and folk income didn't increase so many go without water and lights or just
run to the US.
Hungary, one of several Eastern European countries desperately in need of investment after the collapse of the USSR, much of the economy went from
state control to foreign multinationals like Electrolux, Unilever, and General Electric. Meanwhile, the new Hungarian owners and managers were often
the same nomenklatura members who ran state-owned enterprises. again from public to private control--out of the hands of the state into the hands of
In Colombia, they're queued up to provide logistical support and training for police and counterinsurgency forces defending Occidental Petroleum
(OXY) from indigenous resistance to its oil drilling plans. One company helped develop the plan that Congress reviewed before approving $1.3 billion
in new military aid.
Despite destructive results and growing discontent that has recently produced protests and strikes against privatization from Honduras and Paraguay to
Russia and South Africa.
In Paraguay privatization means a government giveaway of the state-run telephone company, drinking water agency, and railroads. Once that's
accomplished, the electric utility, state oil company, and mail service are next. As in so many countries, privatization is part of an economic
"adjustment" package designed to reduce a deficit-in this case, $200 million annually. The IMF and World Bank promise a $400 million credit in
exchange for compliance. (this is your so called ìforgiving debtî)
In the US questioning the trend toward privatized services defies the "Washington Consensus," (an array of market oriented principles designed by
the US government and international finacial institutions *International Monetary Fund, WTO, and World Bank) and is, therefore, usually beyond the
boundary of acceptable debate. The question is rarely whether, but only how much and how soon.
she's tired... if that's not enough here's the a link about Bolivia...
or read Profit over People by Noam Chomsky.