Extreme right-wing try­ing aggres­sively to spread a myth that pri­va­ti­za­tion is the ulti­mate solu­tion to the Third-World coun­tries eco­nomic prob­lems, the same myth is also adopted by less-educated natives of these coun­tries while the truth is upside down.

The major­ity of the peo­ple in Iraq are some­where between the lower class and the mid­dle class, those peo­ple would like to see greater state inter­ven­tion– so that there is more bal­anced devel­op­ment rather than see­ing few oppor­tunists take all the wealth of the state.

Maybe pri­va­ti­za­tion works in the west because of the well-developed infra­struc­ture ( doesn’t work so perfectly…heavy eco­nom­i­cal cri­sis now and then) but it will never work in less-developed coun­tries with already ruined economy.

A bet­ter exam­ple of what I am say­ing is Rus­sia, sud­den trans­for­ma­tion from “the state owns every­thing” in the Soviet era into pri­va­tiz­ing all assets in the coun­try caused many eco­nom­i­cal prob­lems, the result was:
Pri­va­ti­za­tion in Rus­sia was hijacked by Economy-Mafias who by are ben­e­fited from such pol­icy and I have all the doubts that Russ­ian econ­omy will ever recover.

Pri­va­ti­za­tion gives cor­po­ra­tion the upper hand and strip the gov­ern­ment down from it’s power, in the long run the gov­ern­ment will func­tion as “hub” link­ing all these cor­po­ra­tions together and ben­e­fit­ing from each other…The gov­ern­ment have the power.….corporations have the money (like invad­ing coun­tries just to put smiles on the faces of few fat cats).

It wouldn’t be an exag­ger­a­tion to say that the US gov­ern­ment is func­tion­ing as a huge cor­po­ra­tion, notice also that most Amer­i­can politi­cians are/were/still big firms and com­pa­nies CEO and managers).

To be continued …..