How does privatization of publicly held goods help or hurt democracy?
by 
Nathan Explosion
ANSWERS: 1
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Privatization leads to competition in the industry. Competition is ALWAYS better, because it challenges the company to provide a better product. If you own a company, for example NIKE shoes, if you don't sell the best quality shoes for the money, you loose business. This hurts you as the owner, so you work to make sure your company provides good shoes at a price people will pay. The same thing applies to privatization, the government running your health care for example would be a disaster. The government is inefficient because it stands to gain nothing by improving itself. Privatized health care, has everything to gain and everything to loose, if your doctor does a lousy job you don't go back. He looses his money. If the government ran it, there is no repercussions for the Dr. who does a lousy job. Case in point, the Army is an example of govt. health care, when the Dr. messed up my shoulder in surgery, I couldn't even sue and now I am forced to go back to the same Dr. for knee surgery.
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