Trimess

Sunday, July 17, 2011

No panacea in privatization

Many European countries and cities have privatized infrastructure and city services. You want to use the highway -- you pay. You want to stroll through a "public" garden -- you pay. You can avoid higher taxes, but if you want the services, you pay the private company that holds the franchise. It is a system that works fine for those with cash to spend.

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