Privatisation of Public Assets; A Way to a More Competitive Economy or an Exercise in Orwellian Doublespeak
- Published: Sunday, 11 June 2017 21:10
- Written by Ioannis Theodossiou
Since 2010 the European Commission, the IMF and the Greek and European economic and political elites with the theoretical backing of the neoliberal ideologues have imposed a cruel internal devaluation on the Greek nation that has generated an economic collapse of the Greek economy unlike any seen in Europe since WWII. This misanthropic austerity demands cuts in wages and pensions, increases in taxation, total relaxation of any collective agreement, redundancies for public sector employees and severe cuts in funding for an already underfunded health system.
This agendum of internal devaluation is supplemented with a programme of sale of public assets via privatisation programmes. The neoliberal dogma argues that this ‘structural reform’ aims at ‘reducing the government’s deficit and debt’ and to induce ‘competitiveness’. Orwell would have been impressed by this exercise of doublespeak.