Privatisation of our world is turning Democracy into an empty form of Political ideology.
Don’t get me wrong, Democracy as a political system out guns all other forms of governance.
Because it is a political system for choosing and replacing the government through free and fair elections.
Because it allows the active participation of the people, as citizens, in politics and civic life.
Because it endeavors to protection of the human rights of all citizens.
Because it is a rule of law, in which the laws and procedures apply equally to all citizens.
However, competitive return on Investment Capital is eroding the very essence of the blood given by hundred of thousands of our forefathers sacrifice’s in both world wars.
Why do I say this? Because it is being Privatised right in front of our eyes for Profit.
Let me give you an example.
It is my belief that our elected representatives in Government ( how manage our hard earned taxes) are being hoodwinked by the Economy into thinking that every service and national resource operates better under market forces rather than state control.
I have nothing against a fair Profit on Investment but I do object to what I call Eternal Profits.
Lets say you build a Toll Bridge, or a Toll road requiring X billion in investment.
I am sure you would agree that the investment should have a fair return but not an Eternal One. The bridge or Road should revert to the nation and be free to its citizens or at least begin to add revenue at a reduced rate to Government coffers for future projects.
This is not happening with Sovereign Wealth Funds investment. No only does the profit on return not stay in the country to create jobs or whatever it disappears to enhance the profits of the Fund in whatever country the fund happens to be based in.
This does not seem very democratic to me. It is the duty of our elected representatives to protect its citizens from exploitation.
By handing control of national resources and services to private enterprise it is achieving quite the opposite. Just look at anything that has been sold into the marketplace. Energy, Health Care, Water, Public transportation, Education.
But there is no generally accepted definition of Democracy but Oscar Wild might have it right when he said,
” Democracy mean simply the bludgeoning of the people by the people for the people”
We won’t be able to stop Sovereign Wealth Funds from Privatising our lives but surely as intelligent people s we should Cap their Investments.