As if there are not enough problems in the world here is another that is out of control.
THIS IS THE LADY, that initiated the privatisation boom.
She saw privatisation as “fundamental to improving Britain’s economic performance”.
But it also chimed with her political ideology.
“It was one of the central means of reversing the corrosive and corrupting effects of socialism,” she declared, adding: “Just as nationalisation was at the heart of the collectivist programme by which Labour governments sought to remodel British society, so privatisation is at the centre of any programme of reclaiming territory for freedom.”
England is now one of the most sold off countries on earth.
Here is just a few items recently sold.
Before you look remember that the rest of the world governments are doing the same thing flogging off what is not belong to them but belongs to the generations of people who worked and payed taxes.
Governments of very different political and ideological streams are bent on privatizing, and governments that are already privatizing are moving from selling small retail outlets and industries to selling larger mining and infrastructure enterprises. Just look what happened when the World Bank forced Bolivia to sell its water to Privatization.
Above all, perhaps, in shifting the democratic to market-based principles of allocation, it favors those who are strongest in their control of the market, and who also happen to represent the social basis of Conservatism.
The UK has sold: Gold Reserves, Transportation, Mail, Water, Banks, Health, Universities, Prisons, Power, Car parking, Schools, Telecom, Gas, Steel, Airports, Gambling, Fire and Ambulance services, Rolls Royce, Jaguar, British Airways, Shipbuilding, Council Housing, Sea link, and the list goes on.
Whats’ left: Scotland, and the crown Jewels. It has already sold Northern Ireland and Democracy many times ( MP Expenses Scandal)
|Date||Company||% of equity initially sold||Proceeds £m|
|Feb 1981||British Aerospace||51.6||150|
|Oct 1981||Cable & Wireless||50||224|
|Feb 1982||Amersham International||100||71|
|Feb 1983||Associated British Ports||51.5||22|
|June 1984||Enterprise Oil||100||392|
|Nov 1984||British Telecom||50.2||3,916|
|Dec 1986||British Gas||97||5,434|
|Feb 1987||British Airways||100||900|
|July 1987||British Airports Authority||100||1,281|
|Dec 1988||British Steel||100||2,500|
|Dec 1989||Regional Water Companies||100||5,110|
|Dec 1990||Electricity Distribution Companies||100||5,092|
|Mar 1991||National Power and PowerGen||60||2,230|
|May 1991||Scottish Power and Scottish Hydro Electric||100||2,880|
Whatever way you look at it the acceleration of interest in privatization evident in the last two to three years is striking.
Here is the list of sales in the rest of the world-wide.
You will be shocked and hopefully made a aware or appreciate what is going on.
We have rampaging Sovereign Wealth Funds buy up the world resources, and manipulating Governments. This combined with the World Bank and the IMF SUPPORT IT IS THE GREATEST SALE OF ALL. EARTH. BUY AND GET NOTHING FOR FREE.
So what is privatization and what is happening in privatization?
Privatization is the transfer of ownership of assets to the private sector. Through management contracts and leases and sell off (sale of minority shares.)
All types of privatization have the potential to increase so-called static efficiency-what economists like to call X-efficiency-which means pushing enterprises to operate cost effectively on their production frontier.
What Is Being Privatized?
There are virtually no limits on what can be privatized.
The argument that privatization creates additional public resources is illusory.
Attempts to sell nonviable firms as going concerns may not only invite special protection or subsidies, but may also lead to subsequent government bail-outs.
Markets fail, but so do governments. which lead to government bail-outs, financed either through taxes or inflation and the new buzz word Austerity a Capitalist word for Privatization by the back door. Greece!
Both taxes and inflation hit the poorer citizen harder than the rich.
The World Bank and the IMF act as a catalyst for privatization.
From Water, to Oxygen, to Time, everything that you take for granted will be privatized and subject to easy and affordable payments.
Not in your wildest dreams will it be affordable.
Get used to it. For there is absolutely nothing that you can do.
Or is there. (See below)
The most concerning effects of all this is – The Race to Buy Up the World’s Fresh Water supplies.
Out of the 1,226 billionaires around the world four billionaires including filmmaker James Cameron and Google co-founder Larry Page are backing a newly unveiled asteroid-mining venture, Planetary Resources Inc adding to an impressive list of ultra-rich people trying to reshape spaceflight and exploration in the 21st century. Each man is worth $1 billion or more, according to recent estimates by Forbes magazine, with Google execs Page and Schmidt having about $16.7 billion and $6.2 billion to their names, respectively. Film maker James Cameron worth $700 million or so.
H20 will open up a Trillion dollar market in Space.
We are in the midst of a global freshwater crisis.
Around the world, rivers, lakes, and aquifers are dwindling faster than Mother Nature can possibly replenish them; industrial and household chemicals are rapidly polluting what’s left.Meanwhile, global population is ticking skyward.
Goldman Sachs estimates that global water consumption is doubling every 20 years, and the United Nations expects demand to outstrip supply by more than 30 percent come 2040.
Water has been a public resource under public domain for more than 2,000 years,”
If all goes according to plan, 80 million gallons of Blue Lake water will be siphoned into the kind of tankers normally reserved for oil—and shipped to a bulk bottling facility near Mumbai. From there it will be dispersed among several drought-plagued cities throughout the Middle East.
The project is the brainchild of two American companies. One, True Alaska Bottling, has purchased the rights to transfer 3 billion gallons of water a year from Sitka’s bountiful reserves.
The other, S2C Global, is building the water-processing facility in India. If the companies succeed, they will have brought what Sitka hopes will be a $90 million industry to their city, not to mention a solution to one of the world’s most pressing climate conundrums.
They along with Nestle are turning life’s most essential molecule into a global commodity.
Fresh Air is next on the list.
By definition, a commodity is sold to the highest bidder, not the customer with the most compelling moral claim.
As the crisis worsens, companies like True Alaska that own the rights to vast stores of water (and have the capacity to move it in bulk) won’t necessarily weigh the needs of wealthy water-guzzling companies like Coca-Cola or Nestlé against those of water-starved communities
In Phoenix or Ghana; privately owned water utilities will charge what the market can bear, and spend as little as they can get away with on maintenance and environmental protection. Other commodities are subject to the same laws, of course. But with energy, or food, customers have options: they can switch from oil to natural gas, or eat more chicken and less beef.
There is no substitute for water, not even Coca-Cola.
The Colorado River Basin is struggling through its 11th year of drought. In the USA the real water barons cannot be reduced to a simple archetype. They include a diverse array of buyers and sellers—from multinational water giants like Suez and Veolia that together deliver water to some 260 million taps around the world, to wildcatter oil converts like T. Boone Pickens who wants to sell the water under his Texas Panhandle ranch to thirsty cities like Dallas.
Eventually every last drop will be privately controlled.
And when that happens, the world will find itself divided along a new set of boundaries: water haves on one side, water have-nots on the other. The winners (Canada, Alaska, Russia) and losers (India, Syria, Jordan)will be different from those of the oil conflicts of the 20th century, but the bottom line will be much the same: countries that have the means to exploit large reserves will prosper.
The rest will be left to fight over ever-shrinking reserves. Some will go to war.
The World Bank infamously required scores of impoverished countries—most notably Bolivia—to privatize their water supplies as a condition of desperately needed economic assistance. These days, global water barons have set their sights on a more appealing target: countries with dwindling water supplies and aging infrastructure,
Nowhere is this truer than China.
As the water table under Beijing plummets, wells dug around the city must reach ever-greater depths (nearly two-thirds of a mile or more, according to a recent World Bank report) to hit fresh water. Since 2000, when the country opened its municipal services to foreign investment, the number of private water utilities has skyrocketed. But as private companies absorb water systems throughout the country, the cost of water has risen precipitously. “It’s more than most families can afford to pay,
Meanwhile, more than half a million pipes burst every year, according to the American Water Works Association, and more than 6 billion gallons of water are lost to leaky pipes.
Privatization of basic human needs is never good.
Our governments are controlled by private corporations and banks.
Privatization of government services (such that benefit the people, all the people) is perverting Democracy.
Privatization of public services is the death knell of parliamentary democracy, the death knell of the extreme form of capitalism currently practiced in too many countries.
We face a global water crisis, made worse by the warming temperatures of climate change.
A quarter of the world’s people don’t have sufficient access to clean drinking water.
Water privatization is used here as a shorthand for private sector participation in the provision of water services and sanitation. has turned a public good into a private good.
Many believe that the privatization of water is incompatible with ensuring the international human right to water.909 million people were served by “private players” in 2011 globally, up from 681 million people in 2007.
The World Bank Group pushes privatization as a key solution to the water crisis.
Instead of using its position to line the pockets of water companies, the World Bank should support what is most needed: affordable and clean – and public – water for all. When the private sector engages in water provision, greater disparities in access and cost follow.
The current Chairman and former CEO of Nestlé, the largest producer of food products in the world, believes that the answer to global water issues is privatization.
For profit” everything! Profit is killing the planet.
Human males seek dominance even at the price of self-annihilation.
Are we all mad, it looks like it.
We can talk till the cows come home > We Can have Summits on Climate Change > We can listen to the G8 the G7 the United Nations, the World Health, the President of the USA, the technocrats, the Economic Gurrous, Religious Leaders, the Free market, China, the International space station, your neighbor.
If the truth was known no one has a blind notion how to change course.
WELL LET ME TELL YOU AS CAPTAIN OF THIS BLOG AND POST THERE IS ONLY ONE SOLUTION’S.
That is to make Capitalism with its insatiably greed for profit PAY by placing a World Aid Commission of all High frequency stock trading, on all Foreign Exchange transactions over $20,000, on all Sovereign Wealth Funds Acquisition. (See previous posts). This can be achieved with little or no cost to the world economy by the click of a button. Producing a vast perpetual fund to address the Inequality the bane of the modern world.
Before I finish I can hear you saying who, how, where this fund would operate.
It does not matter as long as the funds are allocated on a lotto bases.
Every deserving project (world wise) after a vetting process to see if viable would be placed in a once a year draw according to its capital requirements.
Unlike the World bank or IMF the winners would not have to repay the funds, (provided the project undertake was totally transparent and completed in full. ) any residual funds could be places in a People World fund to protect against privatization.
Any comments, ideas, positive or negative – Welcome.
I dare you to change the course of humanity with me.