Thumbs down to privatization

August 3rd, 2002 § Comments off

Reclaiming the Commons is a brilliant explanation of why we should be concerned about the privatization of resources that belong to the public:

As private interests have quietly seized the American commons, we have lost sight of our heritage as a democratic commonwealth. A society in which every human transaction is increasingly mediated by the market, in which everything is privately owned and controlled, may come to resemble a network of medieval fiefdoms, in which every minor property-holder demands tribute for the right to cross his land or ford his streams. This balkanization is bound to impede the flow of commerce and ideas—and the sustainability of innovation and democratic culture.

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