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ToughAncientSpark
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Comments by "ToughAncientSpark" (@freetolook3727) on "Something Is Changing in Argentina" video.
Privatization of State services usually leads to a select few close people of the politicians selling those things to make a huge profit buying assets for a fraction of their cost. Then it creates oligarchies and monopolies. πΈπ²π΅π°π€π
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Privatization of public services is never a good thing. Those services are there for a reason. The reason is that they aren't cost effective but they serve a public need and as long as the public is willing to pay taxes to cover those costs, then the government will provide them. The problem is when it goes private, profit immediately becomes the motivator rather than service. That means people losing their jobs, no civil service, usually no benefits, service cuts and lack of innovation of services unless it turns a profit. π²π΅π°π€π
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Time will tell if this was a good thing or a bad idea.
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@3:23 Sounds like they are trying to emulate the American presidents Executive Orders. They only apply to the Federal branch of government and are more of a suggestion than binding as they are not laws passed by Congress.
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