Mad Rush to Piratize...Um...Privatize Hits the UK
http://www.theguardian.com/business/2013/jul/29/serco-biggest-company-never-heard-of
Multi-national corporations have taken over Great Britain. Anyone ever heard of Serco? They're buying up everything, and running it all into big profits and shitty service. Prisons, schools, transportation, government health care, energy, environment, you name it. It's the same model as the right-wing Randians are pushing in this country. Government sells contracts to companies that can profit by cutting costs, and there's less oversight (or none), and little things like quality, safety, and wages go down enough to profit the private companies hugely. Serco has their hands in a few government services here, in the US, and several other countries as well.
Serco has done pretty damn well over the years. Their chart on the London Exchange:
http://finance.yahoo.com/echarts?s=SRP.L+Interactive#symbol=srp.l;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Privatization is its own reward:
http://thebigslice2013.org/privatizing-us-government/
Multi-national corporations have taken over Great Britain. Anyone ever heard of Serco? They're buying up everything, and running it all into big profits and shitty service. Prisons, schools, transportation, government health care, energy, environment, you name it. It's the same model as the right-wing Randians are pushing in this country. Government sells contracts to companies that can profit by cutting costs, and there's less oversight (or none), and little things like quality, safety, and wages go down enough to profit the private companies hugely. Serco has their hands in a few government services here, in the US, and several other countries as well.
Serco has done pretty damn well over the years. Their chart on the London Exchange:
http://finance.yahoo.com/echarts?s=SRP.L+Interactive#symbol=srp.l;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Privatization is its own reward:
http://thebigslice2013.org/privatizing-us-government/
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