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Private Sector Quotes

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Private Sector Quotes

“For decades, the exploitative capitalist system and neoliberalism have been trying to persuade the world that it is for our best interest to reduce (or even erase) the public sector and give more power to the greedy private sector. They have been pushing -with great success – for the privatization of every service that can benefit the poor and marginalized people. They have and still are trying to get rid of universal healthcare anywhere their hands can reach. Why do they do so? The answer is simpler than we think: it is to keep people at the mercy of the greedy capitalist system that sees individuals as either potential cheap laborers to benefit from or a burden to dispose of when no longer usable. This global pandemic should be a wake-up call to all of us about how duped the world has been all along by this narrative. How many more disasters and pandemics will it take for the world to wake up?”

“rising income inequality. not for nothing did Thomas Piketty’s ‘Capital in the Twenty-First Century’ become a New York Times bestseller. Piketty made the strong claim that the rate of return on capital was, in the absence of wars and revolutions, always likely to be higher than the rate of economic growth. the implication was simply that the already well-off, basically those with no shortage of capital, would steadily get richer”

“The petite bourgeoise and small property in general represent a precious zone of autonomy and freedom in state systems increasingly dominated by large public and private bureaucracies.”

“The only private sector industry where employees work with their lives on stake for the interest of common people is media industry.”

“Today, private for-profit universities are common, as are private prisons, law enforcement, tax collection, and military forces. The corporate encroachment into traditional governmental functions even extends into areas of foreign affairs, foreign aid, and national defense.”

“Public intervention into private businesses during crises blurs and changes the traditional boundaries between the private spheres of business and the public sphere of government. These public actions during crisis alter norms and social expectations about government intervention in business.”

“The institutions that we've built up over the years to protect our individual privacy rights from the government don't apply to the private sector. The Fourth Amendment doesn't apply to corporations. The Freedom of Information Act doesn't apply to Silicon Valley. And you can't impeach Google if it breaks its 'Don't be evil' campaign pledge.”

“I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.”

“All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.”

“A woman caring for her children; a woman striving to excel in the private sector; a woman partnering with her neighbors to make their street safer; a woman running for office to improve her country - they all have something to offer, and the more our societies empower women, the more we receive in return.”

“Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.”

“Despite its potential, the federal government has restricted funding for creating new cell lines - putting the burden of any future research squarely on the shoulders of the private sector. Government's most basic responsibility, however, is the health and welfare of its people, so it has a duty to encourage appropriate scientific investigations that could possibly save the lives of millions.”

“I believe strongly that we can protect our people without undermining our constitutional rights and I worry very, very much about the huge attacks on privacy that we have seen in recent years - both from the government and the private sector. I worry that we are moving toward an Orwellian society, and this is something I will oppose as vigorously as I can.”

“Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.”