Noun

privatization (countable and uncountable; plural privatizations)

  1. The transfer of a company or organization from government to private ownership and control.

Related terms

Antonyms

From Wiktionary under the GNU Free Documentation License.
Sat Jul 31 01:22:25 2010

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector (the state or government) to the private sector (businesses that operate for a private profit) or to private non-profit organizations. In a broader sense, privatization refers to transfer of any government function to the private sector - including governmental functions like revenue collection and law enforcement.

The term "privatization" also has been used to describe two unrelated transactions. The first is a buyout, by the majority owner, of all shares of a public corporation or holding company's stock, privatizing a publicly traded stock, and often described as private equity. The second is a demutualization of a mutual organization or cooperative to form a joint stock company.

Origin

Edwards states that The Economist coined the term in the 1930s in covering Nazi German economic policy.

The Oxford English Dictionary notes usage dating from 1942 in Econ. Jrnl, 52, 398.

From Wikipedia under the GNU Free Documentation License
Fri Sep 3 04:05:51 2010

What the pros to Privatization in the health care system?
Q. School project. I'm working on a debate to introduce privatization in Canada. I need to know the pros. Thanks
Asked by Juliana v - Tue Mar 13 18:28:18 2007 - - 6 Answers - 0 Comments

A. supply and demand.competition can only make health care better and cheaper
Answered by francis g - Tue Mar 13 18:32:17 2007

Conservatives/libertarian s - are you sure privatization of Social Security is the free market approach?
Q. It seems to me that if privatization - generally sold as a free market alternative to the existing system - would have passed, there would be intense pressure on government to reflate asset prices and/or compensate people who've "lost" lots of money. If memory serves, I think I read a libertarian perspective agreeing with this conclusion on the Mises Institute site a while back. However, I think it's still very much a minority position amongst libertarians and conservatives - could one of you enlighten me?
Asked by The Daily Elitist - Sun Feb 22 18:48:28 2009 - - 10 Answers - 0 Comments

A. I used to agree with privatizing S.S. I know longer have an idea which is right. Both the US government and the private sector has shown it cannot be trusted with our money. The government wastes it (S.S. is broke) and are not good at policing the private sector. Private sector has brought about it's downfall through greed. S.S. on the other hand does not pay enough for me and no-doubt others if you live in areas with a high cost of living.
Answered by Philip L - Sun Feb 22 19:03:11 2009

Is privatization an economically and environmentally viable solution for forests?
Q. Is privatization an economically and environmentally viable solution for forests?
Asked by diamondprincessashley - Sun Aug 2 21:22:15 2009 - - 3 Answers - 0 Comments

A. Privatization (with no regulations) would not factor in the tremendous amount of externalities involved. This would include social costs relating to overclearing. These costs are on a global scale and can in fact alter the course of human history. This means that those who profit from privatization would not even come close to bearing all the costs associated with their actions; those costs would be absorbed by mankind. The question specifies "economically and environmentally". From an economic point of view, external costs need to be considered. Environmentaly, privatization would provide incentives to make the situation much worse, not better.
Answered by jerry w - Mon Aug 3 04:16:57 2009

From Yahoo Answer Search: "privatization"
Tue Sep 7 01:05:33 2010

O'Leary Continues Call for Raising Retirement Age - Cape Cod Today (blog)
capecodtoday.com
O'Leary Continues Call for Raising Retirement Age - Cape Cod Today (blog)
Wed, 01 Sep 2010 14:06:53 GMT+00:00
Cape Cod Today (blog) "I will fight any effort to privatize Social Security or raise the retirement age," Keating said today. "Rob O'Leary is siding with the Republicans by ...
Investors OK Abu Dhabi fund's privatization plan - BusinessWeek
businessweek.com
Investors OK Abu Dhabi fund's privatization plan - BusinessWeek
Tue, 17 Aug 2010 04:25:53 GMT+00:00
plan BusinessWeek The Abu Dhabi investment fund with the biggest stake in automaker Daimler says its shareholders have approved its plan to go private. ...
Campaign Watchdog: Chandler's social security claim 'mostly false' - Lexington Herald Leader
kentucky.com
Campaign Watchdog: Chandler's social security claim 'mostly false' - Lexington Herald Leader
Tue, 31 Aug 2010 06:20:15 GMT+00:00
Lexington Herald Leader In a media release, the Chandler campaign equated Barr's statement on Ryan's budget proposals to an endorsement of Social Security privatization .

From Google News Search: "privatization"
Tue Sep 7 01:05:33 2010

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is just beginning The private pay system has been rejected in every other major industrialized country There is a better way We will prove it Physicians for a National Health Program

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region sector and year Data can be viewed by proceeds or number of transactions per year and can be downloaded in excel files See the background paper that describes recent trends Privatization Trends and Recent Developments by Sunita Kikeri

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We want good public services we say no to bolkestein directive 10 1 2006 Leftist organizations from all over Europe organized a demonstration against the privatization of welfare services Jyvaeskylae 5th January 2006 Many public services are

From Yahoo Image Search: "privatization"
Tue Sep 7 01:05:32 2010

Reason TV looks at privatization of Virginia liquor stores ...
hrblogs.typepad.com
Reason TV looks at privatization of Virginia liquor stores ...

Kimball Payne

ue, 10 Aug 2010 16:35:00 GM

It's not everyday when you hear Virginia Gov. Bob McDonnell interviewed over the buttery beats of a Snoop Dogg song, but when the folks at Reason TV wanted to take a look at Virginia liquor . privatization. effort that was the background ...

From Google Blog Search: "privatization"
Tue Sep 7 01:05:33 2010