The great turnaround
The New Bazaar
Is Itn Just Going to Exacty Rich Oaarc or Something, Exactly?
If you privatize state on companies in an industry that's already pretty competitive withther a lot of occupants to the industry, that's much more likely to result in lower ces and better products for consumers. And we know that privatization went awry, certainly inin the former soviet union. The initial conditions, as it were, were not thought about as carefully. They were forces theer the theer special interests that really stood to benefit very, very strongly from being the sole or one of a few competitors for the assets that were going to be privatize.
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