In addition the transfers have been in fact sweetheart deals where negotiators on both sides of the transactions have represented the interests of the same capitalist elite. The sale transactions themselves are growth vehicles. Reform, besides referring to generic compliance with the neoliberal agenda, also means reducing the taxes of corporations and the wealthy, eliminating social services, and generally cutting back the functions of government. Obviously these tax changes serve to grow the capital pool. The elimination of social services also serves as a growth vehicle in two ways.
Workers become hungrier for employment, creating a downward pressure on wages.
The general cutting back of government functions is simply part of the sovereignty transfer from national governments to the centralized regime of global institutions. As power and administration is concentrated globally, the role of national governments is being reduced and refocused. The paramilitarization of police forces, the rise in prison populations, and the extension of police powers are very necessary societal changes required to enable the full implementation of the neoliberal agenda. It is no accident that in the USA, where the neoliberal agenda has been most thoroughly implemented, the collateral police-state apparatus is also most thoroughly deployed. Government officials have stated that Americans must expect even more dramatic security measures, and that military vehicles and weapons can be expected in domestic situations where warranted by security concerns.