"The promise of #privatization is that private entities can somehow provide services at a lower cost than the #government, but there’s never any real explanation as to how that is supposed to happen. Private companies — even #nonprofits — need to make a #profit to continue operating."

#capital #capitalism #privatecompanies #privateenterprise

https://www.publicnotice.co/p/shirley-video-somali-daycares-fraud

The blame for alleged fraud in Minnesota belongs to conservatives

Privatization and a lack of oversight creates a vicious cycle.

Public Notice

A quotation from Franklin Roosevelt

Among us today a concentration of private power without equal in history is growing. This concentration is seriously impairing the economic effectiveness of private enterprise as a way of providing employment for labor and capital and as a way of assuring a more equitable distribution of income and earnings among the people of the nation as a whole.

Franklin Delano Roosevelt (1882-1945) American lawyer, politician, statesman, US President (1933-1945)
Message (1938-04-29) to Congress, On Curbing Monopolies

Sourcing, notes: wist.info/roosevelt-franklin-d…

#quote #quotes #quotation #qotd #fdr #franklinroosevelt #franklindroosevelt #bigbusiness #capitalism #concentrationofwealth #economicinjustice #labor #oligarchy #privateenterprise

"Rat Race" --- Bib Marley
1933!?
> If private enterprise is to continue, it is essential that the law should, as far as possible, compel it to confine itself to those methods of making a profit which are advantageous to the public.
> もしも私企業が今後も存続すべきであるならば,公共の利益の範囲内で,私企業が利益を上げる方法をとるよう,可能なかぎり,法的強制力を課すことが必要不可欠である
https://www.russell-j.com/PUB-PRIV.HTM
#BertrandRussel on #PrivateEnterprise
ラッセル「公益と私益」(アメリカン・エッセイ)

🧵
> Most remarkable of all performers in this circus of hilarity and horror is #MiloMinderbinder, the mess officer. He is the classic apostle of private enterprise. He bombs his own airfield when the Germans make him a civilized offer of cost plus 6 percent... there is such a thing as sanctity of contract and when Milo becomes righteously indignant, who can blame him? He is a revolutionary thinker who seeks to take war out of the hands of government. He believes #PrivateEnterprise can do it better...
#TormentNexus example from #JosephHeller?
@bsmall2

Elon #Musk is rightfully despised for what he's done at Twitter and was already demonstrating some awful judgement in geopolitical areas beforehand - especially with regard to the war in #Ukraine.

That said, however, he could still have a net positive effect on humanity due to the achievements he has driven forward with his highly successful entrepreneurial pursuits. Robert #Zubrin explains. #SpaceX #Fusion #PrivateEnterprise #SeldonCrisis.

Hi.

Just FYI, Musk purchased Twitter.

That's not the public space.

It may be open access for Employers to use against Employees, just like Facebook, but it's not the public space.

Engagement funds Musk, which funds fascism.

Thanks for coming to my "stop enabling Nazis and lying to yourselves" Ted Talk.

#twittermigration #twitter #Fascism #PrivateEnterprise

Whenever someone mentions the #USAelections I think of #POCLAD and this 1933 article by #BertrandRussel and corporations:
> ... they cannot be kept in their place at ordinary times unless, as a result of a pitched battle, they have been shorn of most of their means of influencing opinion. Whether this is possible while they retain their property is a difficult question
https://russell-j.com/PUB-PRIV.HTM
#PrivateEnterprise #Economics #Law
バートランド・ラッセル「公益と私益」(アメリカン・エッセイ)