A definition is in order. Privatization, in its broadest sense, is the transfer of assets or service from the tax-supported and politicized public sector to the enterpreneurial initiative and competitive markets of the private sector. The superiority of the latter is now approaching the status of undisputed conventional wisdom: The private sector exacts a toll from the inefficient for their poor performance, compels the service provider or assets owner to concern himself with the wishes of customers, and spurs a dynamic, never-ending pursuit of excellence- all without any of the political baggage that haunts the public sector as elements of its very nature. Lawrence W. Reed President, Mackinac Center for Public Policy Read his thoughts here: http://www.amigospais-guaracabuya.org/oagim002.php
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