Privatization of public services from "summary" of The Shock Doctrine by Naomi Klein
The shock doctrine is the strategy of using a crisis to push through radical pro-corporate policies. One of the key components of this doctrine is the privatization of public services. This means transferring control of essential services like healthcare, education, water, and electricity from the government to private corporations. Proponents of privatization argue that the free market is more efficient and can provide better services than the government. They claim that competition will drive down costs and improve quality. However, the reality is often quite different. In many cases, privatization leads to higher costs, lower quality, and decreased access to services for those who need them most. When public services are privatized, profit becomes the driving force behind decision-making. Compan...
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