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Five Ways Privatization Degrades America

August 13th, 2012
Categories: News, Economic

Link: http://www.commondreams.org/view/2012/08/13-1

A grand delusion has been planted in the minds of Americans, that privately run systems are more efficient and less costly than those in the public sector. Most of the evidence points the other way. Private initiatives generally produce mediocre or substandard results while experiencing the usual travails of unregulated capitalism -- higher prices, limited services, and lower wages for all but a few 'entrepreneurs.'

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