Privatization
* allows policymakers to avoid tax increases without eliminating essential services
  - private firms to produce and sell electricity
* also creates opportunities for criminal activity
  - helps cities cut costs, eliminate debts, and reduce their risk of liability
  - seems to lead to reduced employment levels
  - strikes at the moral and social fabric of our society
* appears to be increasing dramatically in all sectors throughout the nation.
* can be in different forms
  - promote renewables by introducing new capital
  - provide new housing in areas where available housing is limited
  - raise costs to consumers
  - take many forms
* commitment to the free market.
* continues across the region in banking and other sectors.
* currently focuses on the sale of state-owned assets for cash
  - state-owned assets through tenders or cash auctions
* depoliticizes the system for the government.
* destroys the public accountability inherent in public services.
* endangers public safety.
* essentially supports mergers and acquisitions.
* has two meanings.
* hurts workers' ability to negotiate wages and working conditions.
* includes the process of selling state-owned enterprises to private investors.
* involves American people taking their saving for retirement into their own hands.
* is already a common practice in state governments
  - also a concept that has had a hard time being implemented
* is an essential element for transition to market economy
  - invitation to corruption and to loot the public coffers
  - but one aspect of the structural reforms occurring in the economy
  - easily one of the largest global transfers of property in modern history
  - economic development
  - encroachment into our municipal commons
* is one of the major economic transformations of the past twenty years
  - most popular and controversial economic policies
  - strategy whose time has come
  - perhaps the most controversial form of restructuring
  - responsible for more recent foreign ventures
  - social control
* is the act of governments transferring ownership of firms to the private sector
  - beginning of a viable middle class, which is the first step toward democracy
  - equivalent of a tax cut for workers
* is the key to successful macroeconomic reforms
  - telecommunications growth
  - name of the game
  - only means to generate the capital needed to rehabilitate the sector
  - process of converting ownership from the public sector into the private sector
  - transference of properties from the public to the private sector
  - under consideration in many school systems
* key characteristic of higher education in developing countries.
* limited tool to be used to enhance cost-saving efforts.
* means a loss of local control
  - competition
  - shrinking the government sector
* means the destruction of jobs at family-supporting wages
  - virtual dismantling of public services in favour of private business
  - unionbusting
* national issue within each country, so long as universal service is ensured.
* occurs when a government run firm is turned over to the private sector.
* proliferates, resulting in the selling of health to citizens who can pay for it.
* promotes corruption and corruption promotes privatization.
* proven, successful approach being adopted throughout the world.
* radical scheme to solve a modest problem.
* response to that eventuality.
* risks a reduction of the involvement of volunteers and the community.
* seems to be gaining ground in parts of the world outside of the United States.
* shifts the burden of paying for higher education to the student.
* simply means more public money going to profits instead of patient care.
* term that has been so loosely used that it has many different meanings.
* threat to all public services.
* undermines collective bargaining
  - local economies by putting people out of work
* very important step towards improving the performance of the banking sector.
* widely demystified process.
* works in the private sector
  - to preserve nature in another way as well