DEVS 100 Lecture Notes - Lecture 11: Liquor Control Board Of Ontario, Commodification, Status Quo
25 Jan 2016
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State-owned and managed entities run on private sector operating. Utilities: airlines, telecommunications, mining, non-essential services, water, electricity, waste, etc, education, health care, prisons, etc, police, armed forces, emergency relief. Human nature: self-interested, drives our efficiency. Failures of the state : bloated after 40 years of welfarism", unaccountable, inefficient, lacking skills, unimaginable, lacking incentives for improvement, prone to corruption. Lack of public resources: goevernments are broke", plus urgency of situation, think of company viola for example, anti-privatization = anti-poor, regulation, monitoring, state should steer, not row. World bank and other funders: training, conditionalities. Necessary to expansion of capitalism: the last great untapped frontier. Bad for the poor: price increases, red-lining and cut-offs, poor quality services. Bad for the environment: violations of regulations, short-term profit-taking, *philosophical debate. Healthcare, water as a human right rather than economic good: public use value" private exchange value", profit over human needs. *seems like a contemporary debate between public/private, but its an old debate.
