Definition.com
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.
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.
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.