Privateering illustrated (posted 8 December 2007)

This sort of thing is precisely what state Leftists constantly use to indict privatization, and extend into a general denunciation of free market ideology — even though it’s actually just government outsourcing, not free markets, and even though the obvious recklessness, criminal incompetence, nepotism, cronyism, corruption, and brigandry of the private-public partnerships in question are all the direct and obvious result of the way in which these contractors are still firmly attached to the political processes of expropriation, redistribution, and sovereign immunity within a bureaucratic, monopolistic State apparatus. In short, a perfect illustration not of free markets or the socialization of the means of production, but of the crudest and most ruinous forms of tax-funded privateering.

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