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The Key to a Better Society |
| Section: CURRENT ISSUES / SPECIAL REPORT--THE GLOBAL APPEAL OF PRIVATIZATION |
| Author: E.S. Savas |
| Publication: The world & I online |
| Issue Date: 1/1/1988 |
| Size: 2,257 Words, 14,949 Characters |
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Privatization is a powerful and promising phenomenon that is spreading rapidly throughout the world--in developing and developed countries, democracies and dictatorships, and capitalist, socialist, and communist nations.
Proponents see privatization as a means to curb the excesses of overly intrusive governments, a way to make government more efficient and effective, and a tool for economic growth. On the other hand, opponents deride it as a simplistic and primitive call to turn over government functions and government property to private businesses, and they summon forth the brutal image of a dog-eat-dog world where only the fittest survive and the masses are left to grovel for charity.
Privatization means relying more on the private sector and less on government to satisfy pe...
. . .
...enge today is to achieve a better division of responsibilities and a better balance between government and the private sector, in order to take advantage of the strengths of each, overcome the limitations of the other, and avoid unwarranted overdependence on either. The resulting arrangements can best satisfy the wants and needs of the people. Privatization offers the key to a better society.
(812 of 14,949 characters)
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