January 22, 2015

From Undernews:

They say that the first person in any political argument who stoops to invoking Nazi Germany automatically loses. But you can look it up: According to a 2006 article in the Journal of Economic Perspectives, the English word “privatization” derives from a coinage, Reprivatisierung, formulated in the 1930s to describe the Third Reich’s policy of winning businessmen’s loyalty by handing over state property to them.

In the American context, the idea also began on the Right (to be fair, entirely independent of the Nazis) — and promptly went nowhere for decades. In 1963, when Republican presidential candidate Barry Goldwater mused “I think we ought to sell the TVA”— referring to the Tennessee Valley Authority, the giant complex of New Deal dams that delivered electricity for the first time to vast swaths of the rural Southeast — it helped seal his campaign’s doom. Things only really took off after Prime Minister Margaret Thatcher’s sale of U.K. state assets like British Petroleum and Rolls Royce in the 1980s made the idea fashionable among elites — including a rightward tending Democratic Party.



Posted by Jerome Doolittle at January 22, 2015 04:53 PM
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Speaking of Nazi Germany someone was conductng a sleep study on my wife and I without our knowledge and permission. This was on my wife's computer. Someone apparently at Microsoft left a note on my wifes desktop. This used to be a Microsoft Signature PC but Microsoft apparently would not participate and they kept telling these people to quit breaking numerous rules spying on us. Now it's not a Signature, Microsoft left and we have to rely on Dell. Think that's nothing?
Think again.


Posted by: Bp on January 23, 2015 5:27 AM

Quite correct. "Reprivatisierung" more or less means private public partnership. Hey, how much would you be willing to pay for your annual air-supply?

Posted by: Peter on January 25, 2015 12:18 PM
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