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Five Chicago assets that can be sold off

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TheOrlonater Posted: Thu, Oct 29 2009 4:04 PM

http://www.suntimes.com/news/cityhall/1841188,CST-NWS-selloff23.article?plckCurrentPage=1&sid=sitelife.suntimes.com

 

Quite the interesting article; I for one think that privatization can be great our it can turn into a Latin American type "privatization." The selling of the parking meters was a great idea, though. It was impossible to find parking, especially in parts that I frequently visit such as Chinatown. Everyone would just leave their cars there forever because it was so damn cheap. It was about 25 cents an hour at its highest if I remember correctly.

Anyway, does anybody have any opinions as to how they should privatize it? Take for example the two major airports in Chicago, Midway and O'hare, should they be each individually sold off to a different company for competition? Feel free to discuss any specific ways that they can sell off the sewer system, water system, and anything else that isn't even on that list if you'd like.

Lastly I haven't read Rothbard's essay on how to de-socialize, but if anybody can sum up some major points and possibly apply them to the situation?

Thanks!

 

 

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Sorry for the typos and mispunctuations. I'm too clumsy...

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Daily News replied on Fri, Oct 30 2009 11:39 AM

You can click on the "More..." button and select edit and fix it

 

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Spideynw replied on Fri, Oct 30 2009 12:29 PM

Selling parking meters is not privatization.  Selling the property that the parking meters are on and letting the owner do whatever the hell she wants with it is.

Regardless, to privatize Midway Airport, O'Hare, the water system, the sewer system, and garbage collection would just involve selling the assets and the government getting out of the way, and the market will work just fine.  As long as the government allows someone else to install sewers, water lines, build other garbage dumps, and other airports, there won't be a problem.

At most, 5% of the population would need to stop complying to bring down the government.

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krazy kaju replied on Fri, Oct 30 2009 12:37 PM

The Rothbardian method to desocialization would be homesteading. That would mean that all government buildings would come to be owned by the people who homestead those buildings. No buying or selling would occur in such a situation.

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Spideynw replied on Fri, Oct 30 2009 12:38 PM

krazy kaju:

The Rothbardian method to desocialization would be homesteading. That would mean that all government buildings would come to be owned by the people who homestead those buildings. No buying or selling would occur in such a situation.

I think selling them would be easier.

At most, 5% of the population would need to stop complying to bring down the government.

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bbnet replied on Fri, Oct 30 2009 2:37 PM

eBay auction would be grand, don't know how Rothbard would feel about it though

You've had all night and day to
Consider and pray
You've brought fire on my head and
Now you must pay.

Babylon makes the rules where my people suffer

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Wanderer replied on Fri, Oct 30 2009 3:01 PM

Spideynw:

krazy kaju:

The Rothbardian method to desocialization would be homesteading. That would mean that all government buildings would come to be owned by the people who homestead those buildings. No buying or selling would occur in such a situation.

I think selling them would be easier.

Plus there wouldn't be any mad dashes to see who would get their first.

Periodically the tree of liberty must be watered with the blood of tyrants and patriots.

Thomas Jefferson

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Spideynw:
Selling parking meters is not privatization.  Selling the property that the parking meters are on and letting the owner do whatever the hell she wants with it is.

Maybe the company is it;s own monopoly when it comes to ownership of the parking meters, but you can park on a side street if you have space, or in some areas there are private lots(mostly near downtown, but still); but all in all it's an improvement over there last system.

 

 

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Kakugo replied on Fri, Oct 30 2009 5:27 PM

"Privatization" is always an hazard. Usually the only entities that have the money to grab the lot are big companies with deep government connections: this usually means you'll end up paying more for the same sloppy "service", if the service doesn't worsen of course.  I am not generally opposed to "privatization" but the ones I've lived on my skin left much to be desired: if you want to turn people against the free market give them a phone line "privatization" like the one we had here in Italy... Confused

 Yes, it's time for the Dr Goebbels show!

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Giant_Joe replied on Fri, Oct 30 2009 5:45 PM

Kakugo:

"Privatization" is always an hazard. Usually the only entities that have the money to grab the lot are big companies with deep government connections: this usually means you'll end up paying more for the same sloppy "service", if the service doesn't worsen of course.  I am not generally opposed to "privatization" but the ones I've lived on my skin left much to be desired: if you want to turn people against the free market give them a phone line "privatization" like the one we had here in Italy... Confused

 

Someone told me they privatized some highway in Chicago, and that it's in disrepair and not that great, etc... Does that come as a surprise to anyone? We're talking about Chicago politics here.

 

The appeal to "charity" is a truly ironic one. First, it is hardly "charity" to take wealth by force and hand it over to someone else. -Rothbard

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That would be the Chicago Skyway.

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Spideynw replied on Fri, Oct 30 2009 6:10 PM

Giant_Joe:
Someone told me they privatized some highway in Chicago, and that it's in disrepair and not that great, etc... Does that come as a surprise to anyone? We're talking about Chicago politics here.

Selling a monopoly, is well, still a monopoly.  So no, it is not a surprise.

At most, 5% of the population would need to stop complying to bring down the government.

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