Regan really did a number on the US. Broad privatization of public services, with all the wrong incentives in place. Which was then a vicious cycle of people hating their experience with public services -> politicians cut their funding -> service gets worse -> people hate their experience -> repeat until all your taxes have been siphoned to private entities and your govt is in shambles.
Seriously this. The success of a public service shouldn’t be how much revenue is generated or shareholder value is gained. We as a society are the shareholders and deserve infrastructure that works for us. Corporations have pushed the idea that lower taxes is better, but when you have to spend more to a company to get basic necessities, you’re not really coming out on top buddy.
Privatization of government institutions and programs.
Listened to a really good podcast episode on this recently
https://citationsneeded.libsyn.com/ep-236-manufactured-austerity-and-the-media-assisted-public-private-partnership-rip-off
Regan really did a number on the US. Broad privatization of public services, with all the wrong incentives in place. Which was then a vicious cycle of people hating their experience with public services -> politicians cut their funding -> service gets worse -> people hate their experience -> repeat until all your taxes have been siphoned to private entities and your govt is in shambles.
Let’s be clear Reagan started it but Clinton really kicked it into overdrive. Privatization is unfortunately bipartisan.
Seriously this. The success of a public service shouldn’t be how much revenue is generated or shareholder value is gained. We as a society are the shareholders and deserve infrastructure that works for us. Corporations have pushed the idea that lower taxes is better, but when you have to spend more to a company to get basic necessities, you’re not really coming out on top buddy.