Agenda Signals / Economy / Privatisation

Privatisation

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ABC News Australia : Many households want to electrify. But who pays when the gas utility walks away?
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Suggests privatisation led to neglect of public infrastructure

Minister explicitly links the crisis to privatisation, framing it as a root cause of accountability gap

“It's a function of privatisation, I think. And what we've seen here from ATCO is exactly that.”

NZ Herald : OECD sparks debate over NZ’s weak capital markets and policy gridlock - Richard Harman
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Positively frames privatisation of state assets as an obvious and quick solution to deepen capital markets

The suggestion to privatise SOEs like Kordia, TVNZ, and Pamu is presented matter-of-factly as a 'quick way' to fix the problem, with no critical discussion of risks, public ownership values, or political concerns.

“A quick way to start enlarging the market would be if the Government were to privatise some of its state-owned enterprises and crown-owned companies.”

The Guardian : Reversing Thatcher’s failed legacy of privatisation can be a Labour vote-winner. If you see Keir, …
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Privatisation is portrayed as corrupt and serving elite interests over public good

The article employs loaded language such as 'rentier class' and 'private enrichment over the common good' to frame privatisation as ethically compromised.

“Far from inaugurating an age of popular capitalism, the sale of utilities delivered Britain into the hands of a rentier class that underinvested and overcharged, while awarding itself handsome returns.”