Understanding Privatization

Privatization involves handing a government controlled entity over to the private sector.  The purpose of privatization is to promote healthy growth through competition.  Healthy competition can be a great economic stimulator.

However, there are some things that should not be privatized.  Items like safety, infrastructure, and other major city functions should remain accountable to the public.  There is a risk by privatizing things that involve the welfare of citizens.  Avoiding privatization of these areas such as public safety avoids a greater likelihood of corruption.