John Stossel - Privatize Everything (2013)

  • Опубликовано: 10 дек 2013
  • Len Gilroy (Reason Foundation) and Dan Biederman (public space redeveloper) join John to discuss the effects of privatizing formerly government-run services.

Комментарии • 213

  • Michael O'Brien
    Michael O'Brien 5 дней назад

    Imagine if governments maintained 50% (49%) of these utilities. They would be privately run, (efficient) but government received 50% of the revenues?
    They could then tax much less!

  • Marcus Pieterse
    Marcus Pieterse 9 дней назад

    Gotta love the Stoss!

    TACKLEBERRY 15 дней назад

    How many county employees do you know that have “lavish” salaries?

  • Bill
    Bill 21 день назад

    Kind of heart wrenching to see the Twin Towers in that old segment.

  • Nathaniel Tan
    Nathaniel Tan 22 дня назад

    Its exactly what President Trump did. When he was a businessman he convinced the NY governement to allow him to finish the ice skating rink and he did it efficiently and before the due date. Privatization always works.

  • Xastur Speaks
    Xastur Speaks 22 дня назад

    I will help John Stossel a little bit. Ask yourself when government spends money where does that money really go. It goes someplace. To whom? What if I told you the elites designed government to work inefficiently but in the end one key reason why they make bank is that money eventually finds its way into their personal bank accounts to those who fund the politicians. Yup. Think of the government then as a service provider that sets up an effective means of wealth transfer that uses the state power to do so, something they can't get via the private sector. Only the courts and government and agencies like the IRS can do that. So the money seems wasted but it is not wasted. It pays for someone's third house and investment property, someone's big boat' and someone who probably lives in some other nation. Follow the money spent and you will discover Whom the Grail Serves.

  • Aleksandyr Veliki
    Aleksandyr Veliki 23 дня назад

    6:35 you dumb american, they WONT GET FIRED they just gonna bribe those who can fire them,retarded piece of shi et.It doesnt matter if the government or a private owner runs the show,the workers are people like you and me,trying to make a leaving and bring food to the table,90% of privatized companies in East Europe just change the owner from the government to a private owner and alll the workers are the same and thats it

  • Aleksandyr Veliki
    Aleksandyr Veliki 23 дня назад

    Private hands............ AMERICAN RETARDS, the private sector will get rich and at a point will rise prices you dumb fuks,Why does the government does not work.Its easy i am from East Europe,what did they do here.Government officials fucked up government owned factories ,railways,and so on and they decided that the government is a bad owner and they privatized it alll and those ho got those sectors REALLY CHEAP and connected to those officials who ruined them.SO PLEASE u dumb fuck do not privatize anything,go against the ones who run and ruin your coutnry

  • Miami u u miami
    Miami u u miami 29 дней назад

    How about the FEDERAL RESERVE privatize that , no wait already is, Congress needs to get rid of that monopoly, u.s treasury department needs to take over that job , but who am i

  • James Priest
    James Priest Месяц назад

    They raised taxes on it too so its bitter sweet.

  • Altair1904
    Altair1904 Месяц назад

    I went as a tourist to NY and I immediately loved Bryant Park, much before I knew it was privatized

  • Daniel perez
    Daniel perez Месяц назад

    Privatize police!!!

  • Rod Martin, Jr.
    Rod Martin, Jr. Месяц назад

    Bidding for the next jet fighter doesn't seem to benefit from this kind of reasoning. We still get massive added costs that government seems too happy to pay.

  • wclifton968
    wclifton968 Месяц назад

    anyone saying that public transport cant be profitable then they need to look at the UK where almost all bus operators are privately operated with mostly commercial services that make a profit or look at Hong Kong where the PRC Government is slowly privatizing MRT the public transport operator for metro services because they turn a profit

  • Craig Williams
    Craig Williams Месяц назад

    Hey John, do a story on Chicago privatizing the parking garages and parking meters under mayor Daily and how that ended up costing the taxpayers.

  • RealGuy24
    RealGuy24 Месяц назад

    It's not good to inject more suspicion than is necessary in government. What if the private company defrauds the government? What if they're a fireman or policeman and don't know the roads and when you call them in an emergency they have no idea where they are going? We have private companies doing things like TV and Cable. What if you have a problem with the fire or police, who do you go to? Some CEO who you didn't elect?

  • RealGuy24
    RealGuy24 Месяц назад

    See, Stossel has never actually read the constitution. He acts like he can interpret the constitution better than the Supreme Court. The court says what the law is, Marshall ruling Marbury v. Madison.

    • fzqlcs
      fzqlcs Месяц назад

      The Constitution limits government. So politicians appoint other politicians in robes to say the unambiguous language of the document means something else and gives us the unlimited government and lords over you today and you buy it as legit? Sad.

  • MpowerdAPE
    MpowerdAPE 2 месяца назад

    Groan*.. Where is Dr. David Shultz when you need him...? All of you Ayn Rand disciples better be careful what you wish for.... If stossel got what he wanted tomorrow... most of you will be starving on the street the week your retirement runs out.

  • Phil Heaton
    Phil Heaton 2 месяца назад

    Privatizing prisons seems to come with their own problems.

  • Alexander Canovas
    Alexander Canovas 4 месяца назад +3

    It amazes me that we can still have people who are happy to ignore history, and our own country's development and can still espouse socialist programs and ideas. Capitalism and free market economies thrive everywhere they're tried. Socialism and government controlled or centralized economies fail every time they're tried. Explain to me how leftism is not a symptom of insanity when they consistently attempt to return to a system that has repeatedly failed, and expect it to work "this time"?

    • tek tak
      tek tak 16 дней назад

      Well, extorting taxes out of people to pay for social programs is at least partial seizure of private property. Actually, it was the policies of Hoover & FDR that deepened an ordinary recession & turned it into the Great Depression -видео.html Nonetheless, if your argument is that small government & less regulation is what caused the Great Depression, then the US should have had a permanent Depression throughout the 19th century, & the US should have remained a poor country like most countries in the world. Understandable; I definitely don't support unnecessary wars or oppose gay marriage, & even as an atheist who believes that life begins at conception, for practical reasons, I'm not opposed to abortion.
      Of course but then, laws & punishments are only useful to the extent people respect them; for instance, most people consider murder to be a serious crime, which is why it works better but alcohol prohibition didn't work so well, & the war on drugs is failing. Again, you can pass all of the laws you want but it's only logical that the more money & power the government has, the more greedy & power-hungry people it's going to attract, & they are not likely to write laws or conduct their backdoor deals in ways that would put them in a tight spot, so any such laws would ultimately achieve very little. Ultimately, you can't solve a government problem with more government.
      Again, maybe we just won't agree on this but I don't see how anyone is entitled to anything merely because they happened to be born in an arbitrary area of land. Why shouldn't the US provide safety net for the entire world? After all, most people outside the US, especially those living in former or present socialist & communist economies need it much more than the people in the US. Are non-Americans not human enough or are you a nationalist? Moreover, why should anyone be FORCED to do something for someone else without getting something in return? It's got to be a two-way street with a VOLUNTARY arrangement between people. Again, US became a rich nation because of capitalism, & the incentives capitalism creates for people to be productive & create value for other people but if you take those incentives away then, over time, the US will cease to be a rich nation; it already has the largest debt in history. A lot of liberals have this view of the wealth in the economy (& maybe you don't share this view) merely exists & will continue to exist, without thinking a great deal about why it exists & how it was created, & the role incentives play in the entire process. Given that you do call yourself a capitalist, I hope that you do understand that, part of the reason why socialism & communism fail, is because when you promise free stuff to people, they don't have an incentive to be productive, & conversely, when you punish those who are being productive, they have less incentive to be productive. If we can't agree on a basic premise that incentives affect people's behavior, then we will have come to an impasse in this discussion, & then on, I doubt any further discussion would be particularly fruitful.

    • Sellot91
      Sellot91 17 дней назад

      Capitalism works on a macro scale, not a micro scale. To be clear, I am still a capitalist. You cannot be a socialist unless you believe in seizure of private property, which I do not. Calvin Coolidge, the President whose policies were largely responsible for the depression, was a firm believer in small government, no regulation, big business booming. So he let it run wild, and it all came crashing down. I do like that libertarians are largely anti-war, and typically I agree far more with libertarians than conservatives because we agree on many of the problems in society, we merely disagree on solutions.
      And yes, banning things cannot stop them from happening, but they can create penalties and punishments for doing them. That is why we have laws. Laws do not ban anything, they punish people for doing them. You cannot ban something that is down to individual choice, that is obvious. But you can impeach, prosecute, fine, and imprison people who do it.
      We need a STRONG social safety net. There is no reason that in the richest nation in the history of the planet that we should have anyone go to bed hungry, or die of a preventable or treatable disease, or lack necessary education and career training. These kinds of things should be provided for the betterment of society.

    • tek tak
      tek tak 17 дней назад

      That's happened because of the big government that started increasing with the increased acceptance of socialism during the early 20th century whereas I'm arguing for less government, & don't support a big military or the political class. So, is rest of the world too sub-human to be compared to? The point is that poverty & destitution was the natural state for vast majority of people around the world during the times gone by, & the countries that accepted capitalism to the largest degree were able to raise the living-standards of a large majority, including Western Europe; of course, it is a pity that some people still do suffer but no system will ever be perfect but that's no reason to shun what has proven to work.

    • tek tak
      tek tak 17 дней назад

      If only banning things stopped them from happening, the world would be so perfect but it's definitely not so simple, backdoor deals will continue happen because people within the government are just as greedy as anyone working in a private company, except a private company can't tax (extort) you. Mandatory voting will do nothing to improve the candidates that are to be voted upon, & nothing will change; not to mention, it is against the very idea of freedom of choice because when a voter doesn't vote, it's a vote against all of the candidates. I & many libertarians are greatly concerned about pollution but we don't think the government is the answer because the greedy government officials sell the environment to the highest bidder anyway. There's no such thing as "trickle-down economics" -видео.html

    • Sellot91
      Sellot91 17 дней назад

      A global superpower for the military and the political elite. The common man doesn't feel the benefit of this. Yes, it is much better there than in Uganda. But our standard of living, education, healthcare, infrastructure, all rank lower than Western Europe. In fact, we're near the bottom of the modern world in all those categories. We rank #1 in total GDP and military power, that is it.

  • Jeronimo Tamayo Lopera
    Jeronimo Tamayo Lopera 4 месяца назад


  • david bleh
    david bleh 4 месяца назад

    Everything is private, until you give it up to the creeping monster called the state. If elected will simply follow their charters and instructions known as constitutions we could not be in this mess. Oath anyone??

  • myphonyaccount
    myphonyaccount 5 месяцев назад

    Passenger rail was private and it failed. If airports and roads weren't subsidized we wouldn't be flying or driving.

  • myphonyaccount
    myphonyaccount 5 месяцев назад

    Conservatives should stop stealing from social security to pay for oil war.

  • R M
    R M 5 месяцев назад

    Also, I don't care who does what, public or private. But once the city starts down the private route, I harbor a fear that private powers could be given the option to buy the asset and thus put it at risk when the new owner finds it has become unprofitable. I wouldn't want Yellowstone to be logged just because day passes are down for the season.

  • R M
    R M 5 месяцев назад

    This all works now, but I'm not sure it would've worked until now. People/owners in the previous centuries were assholes. Now they at least realize that nature and other commons are intrinsically valuable and must be protected, even if monetized.

  • Dave Davis
    Dave Davis 5 месяцев назад

    privatization don't sound bad . government is a racket , kickbacks. union's , nepotism , cronyism . big mafia runs government like an organized crime syndicate . take a look at any major city in this United State's . seems like most city workers are both Italian n Catholic .

  • Hunter
    Hunter 6 месяцев назад

    Actually privatize everything zero state funds or taxes.

  • stenbak88
    stenbak88 6 месяцев назад +7

    Government programs are supposed to end not get bigger

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      They can but help but get bigger because the capitalist use government taxes to pay as many costs they don't want. They've always got their hands out for those big government contracts.

  • JBTheMighty
    JBTheMighty 7 месяцев назад

    Just asking to learn not to argue but what would happen to workers of a company that failed and there was no competitive company to hire them?

  • Raine Ticket
    Raine Ticket 7 месяцев назад

    Barry Obama's real father is Frank Marshall Davis, CPUSA 47544
    Bill Clinton did rape a woman, but Democrats are ok with this felonious rape

  • Harrison Balduf
    Harrison Balduf 8 месяцев назад

    In many cases I could agree.
    Here in Nassau County, the Nassau Inter-City Express (NICE) bus system is an example of how that DOES NOT work.
    The problem here is that our bus system doesn't break even. We subsidize it 1/4 the amount of the equivalently-sized system in Westchester County, yet want the same level of service. Our County Executive Ed Mangano got the service privatized, then slashed the subsidy.
    The result?
    There's not enough pork in the barrel to keep all the routes running. Viola (the operator) shut down two of the 4 routes in the town, among another dozen routes. Service cuts all over, reduced maintenance of non-county-owned equipment and ridership is falling because of it.
    The quandary here is that we want to have a system that serves as many people as possible, but makes money. The problem is that those two objectives are mutually exclusive. A profitable bus system wouldn't be this big, and a well-covered service area isn't proftiable.

    • Harrison Balduf
      Harrison Balduf 8 месяцев назад

      Flip side of the coin would be the Iowa Pacific Company. Until they retracted due to internal financial troubles, they ran the Hoosier State on behalf of the state of Indiana. They increased service, made 4-star meals in the dining car, provided equipment (which was older, but had just been refurbished and reflected the more lavish 50's era travel than today's economy-everythings) and caused ridership to increase despite not being able to fix much of the schedules or on-time performance (that's a subject for an Amtrak explanation).
      There was better service, that was closer to profitable, being supplied by a private company. All while Amtrak told them they couldn't afford to operate the service!

  • Mondy C
    Mondy C 9 месяцев назад

    How to reinstate Slavery?
    Privatize America.
    Ownership of Human activities will follow…

  • mmzen
    mmzen 9 месяцев назад

  • Sebastian McConnell
    Sebastian McConnell 9 месяцев назад

    Privatise everything

  • Darryl Jackson
    Darryl Jackson 10 месяцев назад

    Incentive is better
    An incentive is something that motivates an individual to perform an action. The study of incentive structures is central to the study of all economic activities (both in terms of individual decision-making and in terms of co-operation and competition within a larger institutional structure).

  • Heitor Mello
    Heitor Mello 11 месяцев назад +8

    Libertarian: We need to privatize everything.
    Normies: What do you mean, everything?
    Libertarian: EVERYTHING!!!

    • Daniel perez
      Daniel perez Месяц назад

      Me: ok, lets start with privatizing police!
      You: let me see how their union and lobbying groups feel about that.

    • Kim O'Brien
      Kim O'Brien Месяц назад

      Libertarianism is essentially utopianism. It can't be implemented because it has never been tried and it can't be tried because it has never been implemented. At the end of the day it's just a theory and reason for keeping present day capitalism and implementing austerity measures.

    • Lordparshnipz57
      Lordparshnipz57 Месяц назад

      Heitor Mello even roads

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Who will enforce your wage labor exploitation? Will the thugs be private or pubic cops? How does you non aggression theory work now? What will happen to your precious stock market when there are no guards to protect company secrets.

  • Darryl Jackson
    Darryl Jackson 11 месяцев назад

    The happiest people in the world are those with purpose doing what they love and loving what they do soon i will be one of those kinds of people.

  • Transwarp Media
    Transwarp Media 11 месяцев назад +1

    this is why i firmly believe we get rid of net neutrality, you get the ISPs out of title 2, you get rid of local licenses, you make it possible to save the internet instead of having it labeled a "public utility" which if you haven't noticed by already long time existing public utilities, have been a c and d for the longest on a school grade by the american society of civil engineers.

  • mmzen
    mmzen Год назад

    So hopefully they will fire John stossel and hire someone who is a better host who they can pay half the salary. It's the magic of the market

  • mmzen
    mmzen Год назад +1

    Ask John stossel why there is more money into baldness cures than malaria. Because most of the people who need malaria drugs live on dirt floors and have no money

  • Thomas Jefferson
    Thomas Jefferson Год назад +2

    The free enterprise system is great when it's restricted to things that are manufactured or services that are performed. When you allow that system to operate ANYTHING else it falls flat on it's face. I'm leaving a lot out so you can think about what it is that it doesn't work so well on.

    • Jesse Moreno
      Jesse Moreno Месяц назад

      Beautiful my friend well done wish I could give you a firm handshake! Take care and hope to see more of your comments

    • Thomas Jefferson
      Thomas Jefferson Год назад +1

      A monopoly destroys the free enterprise system and prevents it from doing what it does best, Competitive manufacturing makes products cheaper. Anything that doesn't retains that competitive element is not a good candidate for inclusion into the free market. Can you think of the number one thing that over time loses it's competitive edge. As our nation was growing it was plentiful but as the years went on it slowly diminished and we are seeing the effects of that on the economy which is slowly destroying this country. Slowly a monopoly is being created which is making it impossible for a young person to keep up. Soon it will destroy us. few people can see it because you need to study history to realize it.

  • Ian Paling
    Ian Paling Год назад

    The outright lies of the left in one breath supposedly wanting redistribution of wealth while themselves lining their own pockets with gold! No wonder public sector organisations and workers don't like conservative or Republican government as they want to rein in public spending to balance the books!

  • Ian Paling
    Ian Paling Год назад

    Now to the left anybody who doesn't agree with them yet alone think like them is a far right fascist, Nazi or Hitler reincarnate!

  • Ian Paling
    Ian Paling Год назад +1

    Ever notice how the left spout such insane rhetoric such as "fascist", "Nazi" or "Hitler" and apply such without knowing a thing about history or context?!

  • Ian Paling
    Ian Paling Год назад +1

    The left including the Huffington Post just use the politics of envy, jealousy and division instead of any rationality or common sense!

  • Ian Paling
    Ian Paling Год назад +3

    The public sector everywhere are a law unto themselves with organisations rife with bullying intimidation and megalomania! Ever notice how public sector workers are the first to complain and strike complaining about pay and conditions when billions are spent giving them the best possible pay and conditions not to mention that many of them here in the UK can retire up to fifteen years earlier than private sector workers!

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      That's the UK. You don't even have the balls to get rid of the house of lords and monarchy. People who receive big sums of tax money by birthright.

  • master Mac
    master Mac Год назад

    The only way private is cheaper is they pay minimum wage with no benefits. Is that they way we want to live so we can send mail a bit cheaper. Fuck off. They have just sold the royal mail over here in the UK. They said it wouldn't affect jobs. Bullshit. Its all agency workers and part-time coming in now with no pensions a d will cost a lot more in the long run when governments later down the line.

  • martin martinez
    martin martinez Год назад

    Mutualize everything

  • mmzen
    mmzen Год назад

    The problem with saying "you can just fire a business as a customer if they don't give you what you want and get another one" is that they use the argument that "bad word of mouth" will fix everything. If a corporation has a good or service that ends up injuring or killing or life long disabling hundreds of thousands of people then the word of mouth will stop it from continuing but it doesn't do much to help all the people who were effected. Let's say that the product was dangerous because of either relaxed regulations or the company cutting corners on safety to maximize profits. We can only hope now that the victims can sue for damages but the company will probably have an army of lawyers and in our free market society that victims will not be able to afford good attorneys. They could win millions but may also end up with nothing or very little. Plus they have mountain medical costs that libertarians say would glibly be cheaper in a total free market. It's funny how a lot of the supposedly conservative pro capitalists are the ones pushing hard for tort reform of "frivolous law suits". They've been bought and paid for by corporate donors

    • mmzen
      mmzen Год назад

      Brutus Tan it depends on who controls the government. You have a government that is the tool of the capitalist class in the United States. That's what you libertarians can't understand. Much like a gun or a hammer or a car the state is just a tool. It depends on who is controlling it. We have a state that is primarily controlled by billion dollar corporations through lobbying. You are delusions

    • Brutus Tan
      Brutus Tan Год назад

      mmzen fucking stupid. What makes you think the Government is any better with no competition, limitless pockets from YORY Tax dollars and no accountability from the FREE MARKET

  • mmzen
    mmzen Год назад

    I wonder how the survivors of Bopal India feel about all this

  • mmzen
    mmzen Год назад

    Nigeria has unofficial privatization of utilities and it is fucking terrible. The government did a pretty shitty job but now they have Kalwoon walled city lord of the flies shit

  • Ralph Thompson
    Ralph Thompson Год назад +3

    I agree. Privatize law enforcement, so that when they abuse their power on American citizens, they can be sued and not protected by the criminal DA's.

    • Matrix Man
      Matrix Man 9 месяцев назад

      mmzen If an employee got his skull broken open at work, it would be the best day of his life. $$$

    • mmzen
      mmzen Год назад

      Ralph Thompson hahahahahahaha. You are a fucking idiot. They had "private police" in the 1920s they were called strike breakers and the rich business owners used them to crack open the skulls of workers who got out of line. If you're gonna privatize the cops why not privatize the judges too? The legal system already is set up to protect the rights of billionaire private property owners. If I'm poor and you're rich what quality level of "police officers" would you afford compared to me? You think the cops are horrible NOW? look at private prisons. You should be strung up by your balls with a copy of atlas shrugged shoved up your ass.

  • Comrade Boi
    Comrade Boi 2 года назад

    Sounds like an excellent way to exploit workers

  • TheHvk
    TheHvk 2 года назад +2

    Of course you psychopaths would love this bullshit. Private companies always have some cunt CEO or management on your ass treating you like fucking slave so of course private companies would be more "efficient." You libertaricunt trust fund fucks would never understand that because your rich daddy gives you everything with his inheritance money.

    • Ahmad Wright
      Ahmad Wright 2 года назад

      you're the only one that wants to be a slave. You don't think people have the will or intellect to make intelligent decisions on their own behalf. why do I have to explain to you that it is easy to quit? you cannot be a slave to a corporation because they NEED you, they don't control you. You don't even have to work for a corporation. If we decrease laws then you can own your own corporation. What type of logic are you thinking with slave boy? you need government master to keep you safe? you can't do it on your own? hey don't think your weaknesses are common. Most of us can handle ourselves.

  • Brandon Baranak
    Brandon Baranak 2 года назад

    this is experiment that should be tried in our laboratory of democracy.

  • Darkmind1970
    Darkmind1970 4 года назад +11

    Good grief. No.... just... no. Privatising everything is a moronic idea. It comes back to the delusion that the invisible hand of the market knows best. Well, it doesn't. It's just an excuse for greedy executives to increase what they can get away with charging.

    • tek tak
      tek tak 17 дней назад

      Government regulations make it difficult for new businesses to compete with existing ones by raising barriers to entry, that's what leads to higher prices but that's only true in the short-run because once the prices/profits are high enough, someone will enter that market by hook or by crook lured by the profits, leading to competition & better pricing whereas government is a giant black-hole which never looks to cut costs because they have no incentive to do so.

    • tek tak
      tek tak 17 дней назад

      I suppose you don't believe in the invisible hand of Evolution either.

    • Eric Homstad
      Eric Homstad 19 дней назад

      Pretty much. Internet companies already enjoy vast monopolies in many communities leading to over charging for services. Privatizing public utilities will just make this more of a systemic problem with everything else. To quote John Stossel in a different ironic context, it would be a "Fascist Corporate takeover'.

    • CV
      CV 3 года назад +1

      SAUL: Exactly, that is my point, people refer to it as a free market fail when its was Nothing of the sort.
      Unethical relationship s between corps and gov't roots the problem at all levels no different than the Mafia controlling the police. .

    • SaulOhio
      SaulOhio 3 года назад +2

      +luckyvet ENRON had nothing to do with a free market. It was a crony capitalist all the way. All the advantages it had over other businesses it got from its cozy relationship with the government. It made profits by gaming regulations. For a good example, look up "Death Star", one of those Star Wars named schemes it pulled off, and tell me what they payoff for that would be without government paid kickbacks.

  • Neosaigo
    Neosaigo 4 года назад +10

    We did try to privatize everything, and that was why the government end up with medicare and social security. The private market excel at certain things, but utterly fails at the rest, especially when there is no profit to be made.

    • TruztNo1
      TruztNo1 3 месяца назад

      I can say there are benefit with free market but sadly the U.S is only play who does it and some services can private sector can delivery but also take in mind takes over look when it is accomplished and clear books. The reason to have social and last resources it is for help those by voluntary and those who pay for it, it is more the citizen last insurance but also can help those who need the most in the community as primary to the citizen in coordinate with some charity. If you wonder about pensions it is more like personal thing in some limit the last insurance with conditions..
      Here is one example who don't play free Market Canada even inside the country or even with U.S to get imports from Canada.

    • William Avitt
      William Avitt 3 года назад +2

      +theDoubleA1245 ok, got it. Yep, I was right, I do agree with everything you said I just for some reason wasn't reading that first post right. Everything wrong with American capitalism, and there is a lot wrong with it, is the fault of government meddling

    • theDoubleA1245
      theDoubleA1245 3 года назад +5

      +William Avitt You should know the old myth that the free market/unbridled capitalism caused the Great Depression, while in actuality the government had a large hand in causing the downfall of the economy.
      Now fast forward to the mid 30's. Because of this so called "market failure", the government needed to set up a cushion or safety net to protect people from drastic economic downturns and prepare people for long term unemployment and retirement.
      If you understand how the government actually caused the Depression and then blamed it on the free market, the passage of Social Security becomes even that more heinous. Basically they actively destroyed (though not on purpose) the economy to indirectly "sell" Social Security to the people.

    • William Avitt
      William Avitt 3 года назад

      +theDoubleA1245 I'm not sure I understand what you're trying to say. I'm sure I agree with whatever point you're trying to make, but I'm having a hard time understanding what that point is

    • theDoubleA1245
      theDoubleA1245 3 года назад +4

      I thought about something. After reading and researching the Great Depression (the reason we have SS), and learning that the government is largely responsible for the market failure, government then had the opportunity to sale Social Security.
      They are evil salesmen. Like bad construction workers installing a bad roof and blaming the structural support of the house for the roofs collapse and being contracted to fix both again.

  • 51MontyPython
    51MontyPython 4 года назад

    11:40 -- Heeeeeeeelll yeah, Big D, that's what I'm talkin' bout :) God bless Texas. One of the last few bastions of common sense and freedom. I'll tell you one thing, the day Texas institutes a state income tax is the day I cease from considering myself a Texan. Hold the lines, boys, hold 'em good and steady; continue to make me proud! Though, what's up with that Bullshit ya'll replaced Common Core with? It's just the same thing re-packaged under a different name. C'mon, ya'll, figure it out and get with the program, ...or should I say, get OUT of the program;) But seriously though, snap to it, ya'll! Like seriously for real >:( NOT cool guys. Ya'll should have seen that one coming. Shame on you.

  • 51MontyPython
    51MontyPython 4 года назад +1

    You see, folks, freedom really _does_ work!

  • rezin russell
    rezin russell 4 года назад

    John Stossel will be 67 years old next month, and yet there's nary a single gray hair on his head, eyebrows, or mustache. It's a miracle

  • The Counter Elites
    The Counter Elites 4 года назад +2

    I'd like to privatize Stossel's moustache. With my privates.

  • HettesKvek
    HettesKvek 4 года назад

    Let's include air and water. Why should it be free? You deserve nothing. Work to live, or die.

  • jackiechan511
    jackiechan511 4 года назад +6

    Really Mr Stossel! Privatize everything. How is American private health care working for you. No wonder the USA spends a high percentage of its GDP on health care.
    He really needs to look at the example of water privatization in Bolivia in the late 90s, early 2000s

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Privatized health care has created nothing except a profit bonanza for insurance companies. For many people buying their needed medicine is cheaper when they pay cash instead of the private insurance companies copay. We don't need insurance we need a healthcare system like the roads we travel on.

    • doesn't matter
      doesn't matter Год назад

      Jai Khemani The FDA and AMA are just as damaging imo.

    • Jai Khemani
      Jai Khemani Год назад +7

      because it ain't a free market. thanks to medicare, medicaid and HMO act, third parties account for vast majority of expenditure. If people actually paid directly out of their pocket- doctors would have to compete- THAT is a free market. In 1958, americans only spent 3% of income on healthcare.

    • Tenebrousable
      Tenebrousable 2 года назад +2

      +jackiechan511 Microsoft had a kind of monopoly because there was no significant competition. That is not corruption per se. Jelous people complaining, I don't give a shit. We had alternatives, free alternatives, but they involved more work, less compatibility, and we chose the better, more expensive option. And were disgrunteled about it. We were dishonest.
      Heavy regulation in healthcare, add to that regulatory capture, followed by monopoly endorsed by the government. We got doctors voting on licensing commitees on who can open a hospital, or can give healthcare. They do not want more competition that is comfortable to them and dismiss anyone who might challenge them, with lawman by their side. That is not free market system and the state of that system should not be used as an argument against free markets.

    • jackiechan511
      jackiechan511 4 года назад +2

      +Dlahusen1 Drug companies and hospitals are privately run. Your right that this sector is heavily regulated but not run by the public/state run.
      The computer industry in your example is innovative which is fact. Then how about explaining why Microsoft was investigated by the SEC for numerous financial violations and its "monopoly" practices in the 90s.

  • ucsb1985
    ucsb1985 4 года назад +2

    Except that privatization led to a massive deficit in California (during the energy crisis), poor outcomes in education in Chicago (charter schools are more likely to perform worse than their public counterparts and those that perform better simply kick out their worst performing students), and fuels the war in Afghanistan (contracts). Look, Milton Friedman was wrong. We saw that with Pinochet and other neo-liberal revolutions in the Southern Cone. Privatizing everything means that you give up control to the elite. Now there is no counterbalance in the system. Governments are supposed to serve the interests of the public. Unfortunately in the US, with increased privatization, it doesn't. What has occurred is a massive recession due to deregulation, increased tuition for universities due to lack of government funding, and increased inequality.
    I simply don't understand America's aversion to sound, good policy. A blended system seems to be the best approach. It works in many countries in the world and it used to work here. Somehow, we believe that billionaires are more likely to carter to the middle class than elected officials which depend on our votes. It's time demand change in our nation. No, not by shutting down the government, but demanding for actual policy changes that aid in propping up the middle class.

    • Marc T
      Marc T 2 месяца назад

      +ucsb1985 Are you serious? Pinochet converted Chile from a third world socialist shithole into the most prosperous and stable country in all of South America. Using that as an argument against capitalism is absurdly backwards.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      The only thing the charter school does is make the school teacher subject to the whip of dismissal. It is just another new way to try and reduce the price of public school education. In Massachusetts homeschoolers are suppose to present a plan to the superintendent of schools. Once the child is 18 they may then sue the school district for not providing an education.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Capitalism always moves towards monopoly. The middle class gradually sinks into the economic status of the working class. Fascism only becomes a solution to the class struggle when the capitalists begin to lose hope in their system of control. Only the working class with the small farmers can halt fascism with a socialist revolution. Any kind of halfway measures where the workers are tied up to progressive capitalists is a disaster in the making with fascism winning the class struggle. That is the lesson of the popular fronts in France, Spain and Chile.

    • jimprjayp
      jimprjayp 2 месяца назад

      Nationally charter schools perform 17% better than public schools that’s why public school teachers hate them. Stats for homeschooled are even higher.

    • jimprjayp
      jimprjayp 2 месяца назад +1

      Kim O'Brien capitalism works for the whole economy to build a middle class and stop the elite from instituting fascism (corporations controlled through government regulation). The elite need the government’s collusion to stay in power. And the government needs the elite to stay in power. Remember the bailouts?

  • Urbestestbuddy
    Urbestestbuddy 4 года назад +40

    When government actually serves it's purpose, it becomes apparent that it's unnecessary.

    • Marc T
      Marc T 2 месяца назад +1

      +Kim O'Brien you have no idea wtf you're talking about. The government is the single biggest facilitator of greed, stealing people's money and then distributing it to whoever will do the biggest favors to the corrupt politicians.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад +1

      The purpose of government today is to regulate greed. The biggest reason for privatising government jobs is to escape pension plan payments. In the private sector bosses have been successful in getting rid of private pension plans. Now they want to do the same thing in the public sector. There are more union workers in the public sector but the supreme court has now decided it is the time to do away with them by ending dues check off. Time to retaliate and ignore any no strike clause in any union contract. They want class war and we should give it to them.

    • Daway Legit
      Daway Legit 6 месяцев назад +2

      Daniel Peer We don't need government for that.

    • Daniel Peer
      Daniel Peer Год назад +3

      Urbestestbuddy - The government should serve as the people's watch dogs, not to assert itself as the elite who know best how to run our lives.

  • Tigerfire75
    Tigerfire75 4 года назад +5

    No if the private companies are bad they no longer go out of business. The government steps in now and bails them out. They are too big to fail. The government will print more money and hand it out to help those poor stupid incompetent companies to continue along.
    If we had the free market with government not getting involved I guess these incompetent companies would go out of business and competent companies would pick up the pieces. Of course that isn't what we have had ever since the Great Depression when government decided to step in and do something. I mean before that the government let the market work itself out and it was better for everyone.

    • Eric Homstad
      Eric Homstad 19 дней назад

      This is exactly why I can't agree with this video. It's a great concept, but in reality it'll be abused just like in 2008 when the banks got bailouts from the government for nearly engineering their own demise. Too big to fail is unfair for the working man.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Realy? By 1934 the workers in 3 cities had enough of the stock market working itself out. They fought back with 3 general strikes in Minneapolis, MN San Francisco, CA and Akron, OH. All lead by three different factions of the communist party. These weren't the usual strikes where workers sat back and allowed the bosses to run scabs through the picket lines with police protection. These were mini civil wars where hand to hand combat was waged with clubs and pipes against pistol welding cops..

  • shamgar001
    shamgar001 4 года назад +30

    Libertarians need to remember that while there certainly CAN be benefits to contracting government jobs to private companies, it's still using money stolen from taxpayers and a monopoly given to the contractor. True liberty would be getting the government out of water/parks/firefighting altogether.

    • taxation is theft memes news & more
      taxation is theft memes news & more 8 дней назад

      Dafuq. Firefighters are mostly volunteer bro. Private companies are not monopolies because there's competition

    • Ezekiel Glenn
      Ezekiel Glenn 20 дней назад

      Point taken

    • Kim O'Brien
      Kim O'Brien Месяц назад

      Sure they are but just like the 2008 crash when the bankers demanded a bailout they will come running for welfare medicine if the lose all their money in some financial disaster and couldn't pay the insurance bill and copays for something like kidney dialysis and transplant.

    • RealGuy24
      RealGuy24 Месяц назад

      Libertarians like to ignore Article 1 of the constitution and they are totally ok with letting you die on the street if you don't have the money for medical care.

  • Bohannon
    Bohannon 4 года назад

    Put in a coin and look at a duck!

  • Duong Pham
    Duong Pham 4 года назад +1

    You have to separate the States and business.

    • Daway Legit
      Daway Legit 6 месяцев назад

      Duong Pham Why should there be a state? Just privatize everything.

  • puppetsock
    puppetsock 4 года назад

    Don't contract out the govt services. Take those functions away from govt entirely. Separate govt from the economy.

  • WasatchMan
    WasatchMan 4 года назад +1

    Wow.. So this how the establishment republicans are going to try to co-op Libertarianism, try to turn the meaning of fascism to mean privatization/freedom and coral us into these corporations where they micromanage the tax-stock. Don't confuse this with freedom, this is just an evolution in tax-farming.

    • Vlad Slav
      Vlad Slav 4 года назад

      Fair call, I just wanted to slur that out to someone haha

    • WasatchMan
      WasatchMan 4 года назад +1

      Everyone, please quit trying to debate me over the exact meaning of fascism, you are missing the point. The point of my comment was not to confuse the government letting private companies operate their fiefdom with freedom. It is just a new mechanism for state management and control. That is all, call it whatever you'd like.

    • MrApplewine
      MrApplewine 4 года назад +1

      The quantitative degree toward statism can be debated. They have qualitatively different approaches to statism. Fascism generally implies a control of the wealth creation without outright ownership. These controls are often called "regulations".

    • JokerButNotBatman
      JokerButNotBatman 4 года назад

      +Sir Vladimir Socialism and Fascism are completely different.

    • Vlad Slav
      Vlad Slav 4 года назад +2

      Fascism is socialism without the absolute abolition of private property... They are essentially the same thing. FYI libertarians don't condone tax farming, that is a lefties belief. Fascism is a left of wing ideology, it is hardcore right to those who stand on the extreme left, because only really when standing there is it right wing...

  • WasatchMan
    WasatchMan 4 года назад +3

    It's sad that most of Stossels examples are of just straight fascism. The government is just relinquishing responsibility but maintaining ownership. Imagine how much better it would be if these thing were actual privately owned.

  • WasatchMan
    WasatchMan 4 года назад +20

    Privatizing everything = freeing everybody. And my list of things the government (I.e. Sanctioned mafia) should do is zero.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Immediately when you talk socialism you talk about ending private property. No longer is society cut in half fighting over the division of the value produced and what to do with the surplus value.

    • WasatchMan
      WasatchMan 4 года назад +1

      No they can't, freedom and socialism are by definition not compatible. The minute you talk about socialization you are putting forth the proposition of using guns to to take away someones freedom.
      Also, before you make the mistake as most socialist minded people, I am talking about political freedom, not the freedom from the requirements of reality that everyone is so desperately trying to grant themselves by giving guns to the state.

    • Red Raider
      Red Raider 4 года назад +6

      It's funny how the government tries to dismantle monopolies but in turn just create one when they turn the responsibility over to the government. That's just a little secret of theirs that people have failed to recognize.

  • sincity147
    sincity147 4 года назад +19

    and Capitalism won again! I wish we should able to privatize public schools and mass transportation.

    • N T
      N T 3 дня назад

      Privatizing mass transportation, sure, schools, that's a terrible idea.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      They can't make a profit teaching school without a government subside. Unlike a coal mine you can speed up production with new machinery. They can run many things privately without a government payment or government mandate. USPS can delver a letter anywhere in the US for $.50 and still run in the black. Why because of the drop in subsidized junk mail going over to Email. UPS and FedEx can do the same job for about $9.00 .

    • david bleh
      david bleh 4 месяца назад

      sincity147: yes they are called schools and transportation. They are products.

  • rkb100100
    rkb100100 4 года назад +1

    2:30 No, they'll tax marijuana to the point where the black market remains more viable than ever. Jails full of potheads will turn into jails full of tax evaders.
    3:10 The MSM will see to it we think every privatized park is filled with starving, underpaid employees.
    3:35 The private sector is efficient, the public sector "compassionate"
    5:30 Who in their right mind drinks tap water?
    6:17 But the greedy company exploited their workers and took food out of the mouths of union families!!!
    10:15 Corporations bad! Junkies and homeless good! - Huffington Post
    12:49 $140K??? Metro North choo-choo train flag-wavers make more than College Professors!
    13:30 Years of communist (union) propaganda in bloom.
    16:40 Government always over-promises and under-delivers.

  • SuperSneakySteve
    SuperSneakySteve 4 года назад +4

    The government shouldn't do anything.

  • deuteriumjones
    deuteriumjones 4 года назад

    You have to be really careful, often "privatize" means sell it to the brother in law of the city council member at a low price with monopoly contract with the city.

  • pohkhui
    pohkhui 4 года назад

    Can US President be privatise ? Just a wild thinking.

  • Anders Hass
    Anders Hass 4 года назад

    Lol this isn't about privatize everything, then we would here about private law and private security...
    It would be a real privatization if it was the people who directly founded the private firms, not having the government taking the money from the people and giving to the firms that is called fascism/corporatism.

  • Kevin Sudweeks
    Kevin Sudweeks 4 года назад +2

    People are TOLD that Google gave them the free wi-fi? How horrid! I deserve free stuff without being told who my benefactor is!

    • Afterword
      Afterword 4 года назад +1

      I know, right?
      Corporations are so entitled.

  • Олeжек
    Олeжек 4 года назад

    Of course when you use somebody else' money there is no incentive to cut costs.

  • MagnusCattus
    MagnusCattus 4 года назад +12

    Seriously? One of the objections to privatizing something is that "the owners might make a profit"? Wow... Liberals really can't stand the idea of people suceeding.

    • MagnusCattus
      MagnusCattus 4 года назад +5

      +Gomeshock So what? I'm not really following you on the prison thing, but the medical stuff has nothing to do with privatization. It has to do with corperate monopolies, and having undue influence on the state. (which shouldn't really exist in that capacity anyways) I believe Ron Paul would call it corperatism.
      Even so, them making profit is still less horrifying than a govt, which is essentialy evil, distributing money at a whim, and taking a nice cut for themselvs no doubt. At least the private businesses are providing a service.

    • Gomeshock
      Gomeshock 4 года назад +2

      So leave things like healthcare, education, and prisons to companies that SOLELY exist to make a profit? Here's how that has worked for health care and prisons. The US incarcerates at the highest per capita rate in the world, houses 1 in 4 prisoners worldwide, and charges first in the world for health care even though the World Health Organizations ranked US health care as 37th in the world. Compare that to France which has the best in the world, as ranked by WHO, yet has citizens that pay 60% of what Americans do.

  • Michael  P. Shipley
    Michael P. Shipley 4 года назад

    The US federal govt and system is an obsolete institution and should be abolished.

  • lsk464
    lsk464 4 года назад

    Unfortunately there is too much corruption in the union of private product and services being contracted by government agencies. Like Halliburton, there are inflated prices and kickbacks.

    • lsk464
      lsk464 4 года назад


    • Steelbreeze420
      Steelbreeze420 4 года назад

      Doh, misinterpreted...Felt blanket, hence me being a dick...apologies...

    • Q-Hack!
      Q-Hack! 4 года назад

      +steelbreeze420 I never said it doesn't happen. Just that blanket statements are a bad way to express one's opinion.

    • Steelbreeze420
      Steelbreeze420 4 года назад

      There was just a case in April involving NovaDatacorp and Kickbacks...i would recommend google for research...its out there if you take the time to look for it..

    • Q-Hack!
      Q-Hack! 4 года назад +2

      Kickbacks to private companies from the federal government are illegal. If you have first hand knowledge of such a thing, then report it. Otherwise, you end up spreading false rumor. (slander is also illegal)

  • Jack Mcslay
    Jack Mcslay 4 года назад

    I'll have to take a look at this private water example to see how they did it, but I'm guessing it must have had different terms than examples of countries such as Bolivia that give exclusive concession to a single company and expect a company will somehow do a better job than government when they don't have competition thanks to government itself.

    • I'll do it
      I'll do it 4 года назад

      +mbravo00 correct, but only technically sadly, most do not consider the right to over throw the government should it stop representing the people. i am just an observer so perhaps you can count me however.

    • I'll do it
      I'll do it 4 года назад

      +mbravo00 sadly fed>state, you cannot stop the executive branch and its ever increasing regulation. yea states also regulate bs but the federal registry and regulations imposed by the sections of government under the white house will not stop. fbi fda epa ect....

    • puppetsock
      puppetsock 4 года назад

      In what way is the govt buying a service from somebody a private thing? I don't know what Bolivia did. But what you describe them doing is not privatizing anything.

    • LibertyDownUnder
      LibertyDownUnder 4 года назад

      Bolivia & most of its neighbors use corporatism instead of free markets to fix their problems. This is just as bad as Socialism.
      The US Government is just as guilty with how it handles mortgages, banking, healthcare and a few other industries.

    • Ali Adeeb
      Ali Adeeb 4 года назад

      yeah I understand they contract it out and tell them "if you don't achieve these terms, your done"

  • batfly
    batfly 4 года назад +8

    The idea of LImited government is no different than the idea of being slightly pregnant.
    Government is a tumor. Cutting out most of the tumor and leaving behind just a little bit behind is not a great idea... It's lunacy.

    • Bryan Amador
      Bryan Amador 23 часа назад

      51MontyPython Multiple governments forming from the abolishment of a central government sounds like a great idea. The monopoly on force should be broken up, and a large number of governments means competition, ensuring higher quality at a lower cost.

    • Kim O'Brien
      Kim O'Brien 2 месяца назад

      Time to wage a union struggle back against the bosses. Time to ignore the no strike clause. Fight out every grievance on the shop floor.

    • batfly
      batfly 4 года назад +1

      If the key is to keep trying the same thing over and over again and expect different results and in the process screw our descendants to be perpetual slaves to the psychopathic banking cartel that have passed on their human farming plantations to the next banking elite generation after generation... Sorry I won't agree to that.
      No thanks... I'll chose death rather than accept slavery for me or my children or my children's children.

    • 51MontyPython
      51MontyPython 4 года назад +3

      You're right in that govt will only inevitably grow larger and larger until it chokes out it's own host, BUT, anarchy only leads to an empty vacuum drawing in power grabs by the ambitious who then simply form their own governments, which one can only bet will make even our current one look like a Godsend, or at the very least, will create perpetual war either with others or amongst themselves in attempting to manifest it.
      The key is to simply reduce the size of govt in order to get it back to it's proper role, function, and purpose. Now, does this seem likely to happen within our own lifetimes, or even ever? Fuck no. But, WHAT are our other choices? At least if we have something that we can identify and keep in check with at least a certain degree of control and democratic leverage then that is certainly more stable than the utter chaos of total and complete anarchy.

    2JOHNNYT 4 года назад +41

    When govt runs things EVERYONE loses - but the government!

    • Aleksandar Kolev
      Aleksandar Kolev Месяц назад

      Kim O'Brien :), not true, but whatever. In your theory, thanks to capitalists, the people become poorer. But historical facts, shows quite opposite.What would become if everyone have no money? In that case even the largest corporations will bankrupt, no matter are they married to the government.

    • Kim O'Brien
      Kim O'Brien Месяц назад +1

      The capitalists always want to shift social costs on to the the backs of workers while keeping the private profits for themselves.The capitalists have their government implement regulations to prevent there capitalist greed from getting out of control. The free marketeers will tell you let us pollute and destroy the earth because sooner or later someone will come up with a way to make a profit out of the needless destruction we caused. Most dumps are owned by municipalities because they aren't profitable like building cars or selling sliced bread.

    • Aleksandar Kolev
      Aleksandar Kolev 2 месяца назад

      Old post, but DarryCross is right, when the wealth of citizens is eroded due government regulations, restrictions, then the government loses income in form of taxes. Look at the European countries: Spain, Greece, Portugal...

    • DarrylCross
      DarrylCross 4 года назад +4

      In the long run, even government loses as it erodes away the sector it depends on to create the wealth it leeches.