Definition.com
Privatization is not the only alternative to an inefficient, corrupt state — it is a mutually profitable business contract between the private company (preferably foreign) and the ruling elite of the Third World.
Privatization is not the only alternative to an inefficient, corrupt state — it is a mutually profitable business contract between the private company (preferably foreign) and the ruling elite of the Third World.
Privatization is only a further evolution of the centralized state, where the state says that they have the right to give the entire power production in Maharashtra to Enron.