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Privatisation

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Lord Weasel
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Post: #1
Privatisation

http://www.theguardian.com/politics/2014...?CMP=fb_gu

This article sums up privatisation and the effects of it on the UK economy, and indeed economies around the world, nicely.

I find the idea that we now effectively pay taxes to private corporations quite poignant.

23.08.2014 20:58
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Helsworth
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Post: #2
RE: Privatisation

I've read a lot of tweets on the cannibalizing (privatization) of the NHS.
It seems that the more the crisis (and politically induced fiscal austerity) eats away at countries, the less democratic our political regimes become. When I look back at history, and look at the facts - that fiscal austerity and vertical unemployment drove Hitler and the nazis into seminal electoral popularity and later into power (and not hyperinflation), it gives me shivers. If Keynes would be alive today, he'd eat his famous words "Now, we are all keynesians." No! Now, we're all nuts!


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23.08.2014 21:04
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spitefire
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Post: #3
RE: Privatisation

Hey, Weasel

It does not take tax money to privatize, even this game does not try to pull that nonsense.

24.08.2014 00:06
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Helsworth
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Post: #4
RE: Privatisation

spitefire Wrote:
Hey, Weasel

It does not take tax money to privatize, even this game does not try to pull that nonsense.

Weasel way saying that instead of paying taxes for a system citizens were familiar with, they'll be paying that money to private business for a system that guarantees less access, equity, health outcomes and at a larger cost.

In the past two years, £11bn worth of the NHS has been put up for sale, while 35,000 staff have been axed, including 5,600 nurses. Half of the 600 ambulance stations are earmarked for closure. One-third of NHS walk-in centres have been closed and 10% of A&E units have been shut. Waiting lists for operations are at their longest in years as hospitals are consumed by the crisis in A&E.

The morale of the NHS family is at rock bottom. Their pay has been frozen for two years under the coalition, and they have been forced to accept a major downgrading of their pension benefits. Freezing and squeezing pay is heaping financial misery on more than one million NHS workers.

The NHS will just be a logo; reduced from being the main provider of health services in England with one of the biggest workforces in the world, to a US-style insurance scheme, divorced from the delivery of care. Fewer treatments will be available to people as cuts start to bite, with wealthier people able to "top up" treatments. It's not just a postcode lottery – it's also a tax code lottery.

Patients are being denied prompt hip or cataract operations – and the list of hard-to-get services will grow and grow, reducing the NHS to a skeleton. Money that could be spent on patient care is being spent on unnecessary bureaucracy, debt interest and dividends. Meanwhile, Hunt blames individual cash-strapped trusts for making "bad choices".

Private profits are made on the back of the health of people, by narrowing access and increasing prices. Private economic rent is (in most cases in certain countries) more of a burden than actual government taxes. What they're trying to do now with the NHS is to increase private economic extraction on the backs of the citizens.


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24.08.2014 09:38
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Lord Weasel
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Post: #5
RE: Privatisation

Helsworth has it exactly right. These are services we have no choice but to use, which have been, and continue to be privatised. None of us can go without water, gas, electricity, healthcare, education, transportation, housing, and increasingly internet. These things were once for the most part publicly owned, not fully publicly owned as private medical practice was still allowed, landlords still owned a large portion of housing and land, etc, but the very existence of the public service kept prices down. The reason for this is that publicly owned entities providing a service are not profit motivated, and the owner of the entity is elected (and can therefore be deselected) by the electorate. Since the privatisation of these services prices have increased exponentially, and Britain now subsidises cheaper utilities in Europe, bleeding capital abroad.

Privatised entities are unaccountable to the public (we do not elect the shareholders nor the Ceo or board of these companies), so can offer whatever level of service they like for whatever price they like. It is an impossibility for competition to work in something like water provision or anything where there is only one set of infrastructure. There is a word for providing an unaccountable body a market with no competition, monopoly. So an unaccountable body interested only in making profit controls something everyone in a given area must use, they have no choice but to use, and nowhere else to go to for that service. Prices rising faster than inflation and a crumbling infrastructure anyone?

The next to go is the NHS, as Helsworth states. The latest health act is privitisation in all but name, turning the name NHS into a label without the substance. There was a study done into the possible implications of the implementation of the tory reforms prior to the passing of the health act, despite numerous freedom of information claims made on it, the results have not been released to the public. I'd be interested to know what that report contains.

24.08.2014 13:22
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