Free market economy, global economy, conglomerates. Privatization of public service companies.
I was led to believe that the terms used above were good for all of us.
I know they have been good for Wall Street, making the rich, richer and the poor, poorer.
Nuclear power plants were supposed to reduce the cost of electricity. Did that happen?
Large companies work for the bottom line. Their main objective is to provide a profit to their shareholders, and sometimes they simply lay off people to accomplish that. Is putting people out of work helping the economy?
Oil prices go up on rumors of possible shortages. When it is determined that there is no shortage, as is most often the case, have the prices been reduced to offset the price increase?
I believe that public services need to run by the government. When that happens, layoffs are rare and services are provided without interruption. Needed services should not be tied to shareholder profits.
Where I live, former public services got caught up in the wave of privatization. Trains no longer run like clockwork, Postal services are no longer as reliable. Nuclear power plants did not reduce costs, but rather increased prices. The debate about nuclear power will be part of the next election process. People don’t want it. Hazards have increased by storing nuclear waste. People simply don’t trust private companies whose concerns are profit-driven.
Another interesting thing in happening with the upcoming elections. Women on the ballots exceed those of men. Could that be that women know how to run a household and are trusted to do a better job of running the house (country)?
I foresee a reversal in the role of public service providers. The people have experienced both and the choice is clear.