the.com/privatization

the moment a government decides someone else should profit from its mistakes.

first wordCoined 'reprivatisierung' in Nazi Germany's 1930s economy
thatcher eraUK sold off gas, water, rail in the 1980s
russia 1990sState assets vanished into oligarch hands overnight
prison businessUS private prisons profit per inmate, per day
water warsBolivia's 2000 sell-off sparked deadly street uprisings
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