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Current Affairs

The Disaster of Privatizing Everything (w/ Donald Cohen)

Current Affairs

Current Affairs

Comedy, Government, News, Culture, Politics

4.4645 Ratings

🗓️ 24 January 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Welcome to Current Affairs. My name is Nathan Robinson. I'm the editor in chief of Current Affairs

0:23.1

Magazine. I am joined today by Donald Cohen. He is founder and executive director of In the Public

0:32.7

Interest. He is also the co-author of the book, The Privatization of Everything, how the plunder of Public

0:42.1

Goods transformed America and how we had fight back. Donald Cohen, thank you so much for

0:48.7

joining us on current affairs today. Yeah, thanks so much for having me. Now, it really is

0:53.1

the privatization of everything. That is one of the key

0:57.2

takeaways that I had from your book after going through it. I mean, you document case after case after

1:03.1

case. I mean, people might hear about prominent cases of privatization, school privatization and so on,

1:09.0

but you show it's the privatization of everything. And there was a lot

1:14.7

left on the cutting room floor. I bet. You know, we didn't, you know, right now that's a big issue

1:19.3

about Medicare, Medicare Advantage and direct contracting Medicare. We didn't cover that at all,

1:23.6

but it's now, you know, now in the news, you know, I don't remember exactly, but there are

1:28.1

definitely things that we didn't get to. Yeah, did you cover the war and the military? I don't know.

1:33.2

Not really. No, that's another big one we left out. Another huge one. Yeah, exactly.

1:38.0

But not to say that this book is skimpy, because you do go through many, many, many case studies. And there's a book out now by Mariana Mazzucato

1:45.9

about the consulting industry, which we don't talk about as well, which is basically the brain,

1:50.3

outsourcing the government's brains to huge consulting firms. So there's other things to explore.

1:56.3

So what are some of the cases that people of privatization that people might not know or think

2:05.5

about or realize that there have been efforts successful or not to privatize?

2:11.3

I would venture to say most, but I will give a few cases.

2:15.8

Let me say how we define privatization. My definition is it's about

2:19.4

private control over public goods and public goods in my definition is the things that we all need

...

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