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Just watching Rachel Maddow and something she said made the lightbulb go off over my head.   The Government outsourcing of public services debate, be it education, transportation, prisons or social security, has nothing to do with "efficiency" or the "efficient use of tax payers money".  It is all about increasing the profits of the corporations that increasingly own us.  It is the Profitizing of everything.  

While I wish I had the time and/or resources to fully research this concept I lack both.

My kids education has become Profitized, our military spending is Profitized, healthcare is Profitized and soon if this trend is not stopped I expect my tap water will be Profitized along with police services, fire departments and EMS services.

I don't mind providing a "profit" to those who provide me with "wants" such as cable TV but when it comes to "needs" such as the education of our children, clean drinking water, needed health insurance, police and fire services we should not pay a "profit" to those with the power to buy our politicians.

I hope some of you from the Kos community can expand on the concept and help save us all from the impending "profitized" future I see coming.

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Comment Preferences

  •  You're right. Profit is what the commercial (1+ / 0-)
    Recommended by:
    Tinfoil Hat

    middleman takes from both sides -- from the producers and the users -- for doing nothing but moving things around.

    It is true that profit is the surplus, the difference between the cost of production and the usefulness to the person who made it. A cobbler, who doesn't need more than the shoes he and his family wears, ends up producing mostly surplus. The question is who gets it, the cobbler or some middleman. Since even distributing the shoes would be time-consuming, the traditional factor or trader earns some of the surplus from the distribution or sale. However, in the modern economy, there are so many middlemen that the producers are destroyed by costs and the users end up with dreck.
    Financial predators are destroying the exchange and trade of real goods and services. They're like blood-sucking gnats on a moose.

    •  Not quite, (4+ / 0-)
      Recommended by:
      hannah, ballerina X, Sandino, kbman

      Being someone who moves things around is a perfectly legitimate service, and people who do so deserve compensation for their services.  If a cobbler is making too many shoes to sell locally and cannot or does not wish to sell regionally or globally, there's nothing wrong with him selling his shoes to someone who'll sell 'em for more.  After all, he wouldn't have been able to sell those shoes if it wasn't for the middleman.

      Profit is what you make beyond your costs -- all of your costs, including purchasing goods or raw materials, transportation costs, wages both for your employees and for the owner, capital improvements, utilities, etc, etc, etc.  It is, by definition, the money you get when you make more money than you need.

      I hate the profitization of public utilities and services.  In almost all circumstances it means adding about 15-20% or more to the cost of providing services, and that money just gets funneled out to investors, practically all whom have done absolutely nothing to deserve it in any way.  (It's not like a company makes any money on the sale of its stocks, beyond the IPO or issuances of new stock.  Stocks are like CDs -- the record company gets their cut when it's first sold at the store, but they don't get squat when you sell it to a used CD store and it's resold.)

      That's the real evil.  The rents that are extracted, added, and multiplied at each step in the chain, for no reason other than to give money to people who already have money and who have done absolutely nothing to earn those profits, neither providing services nor adding value.  That is where the parasitism comes in.

      •  And that is also why the right wants to privatize (1+ / 0-)
        Recommended by:
        Praxical

        Social Security. They want all that money to go into an already hyperinflated stock market, instead of into nice, steady government bonds. After all, that's where their money is, either as corporate managers or investors — and it's the only area of the economy that's really rolling. And the stock markets are only really rolling because most corporations are short-term profit-driven now, with the goal to drive up profits for stockholders, who want a quick kill before they move on. Actual investing anymore is looked upon as sissy stuff. Privatization has absolutely nothing to do with helping the economy long-term, or with providing better services, for that matter.

        Congressmen will always make better doors than windows, especially now that most of them have become unhinged.

        by Mike732 on Wed Aug 21, 2013 at 09:23:06 PM PDT

        [ Parent ]

    •  the ultimate profiteering middlemen? Bankers (0+ / 0-)

      who get their cut from everybody.

      "Running government like a business" is a fallacy.
      Running business like a government -- to break even while serving the most customers as completely as possible -- would do the world better.

      LBJ, Van Cliburn, Ike, Wendy Davis, Lady Bird, Ann Richards, Barbara Jordan, Molly Ivins, Sully Sullenburger, Drew Brees: Texas is NO Bush League!

      by BlackSheep1 on Wed Aug 21, 2013 at 07:30:58 AM PDT

      [ Parent ]

      •  Govt should almost never "break even" The private (0+ / 0-)

        sector needs the debt free new money that the Govt provides through its deficit spending.

        Sectoral balances of Net financial assets => Govt sector balance = Private sector balance + Foreign sector balance

        http://soberlook.com/...

        So if we are going to run a trade deficit, by definition, if we want the private sector to have a net surplus of financial assets, the Govt's deficit must be greater than the trade deficit
        Double entry national accounting 101

        "The Earth is my country and Science my religion" Christiaan Huygens.................... Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

        by Auburn Parks on Wed Aug 21, 2013 at 02:12:50 PM PDT

        [ Parent ]

        •  that's something I can't pretend to savvy (0+ / 0-)

          for me, the notion that government exists to provide services the individuals alone can't afford is the key here. Reason the government provides paved roads is so there's fresh food in the grocery stores instead of rotting in the fields to send the farmers to the poorhouse. Reason the government has building codes is so old folks don't wind up in tarpaper shacks with no water or lights. Reason the government inspects your car is so pieces falling off it don't kill the poor SOB behind you in traffic, or some failure you didn't fix cause a wreck (note: DUI is different) while you wander on merrily. Reason the government regulates what big companies can dump in the river is 'cause somebody downstream's gotta drink that water.  Happen that makes me a communist, so be it.

          Everybody puts in some funds (well, okay, everybody who's not utterly destitute, which we'll get to in a minute) or some work hours, and everybody benefits.

          Taxes are the ticket price for civilization, folks will tell you. It's far more fundamental than that. Taxes are what make possible the development of the businesses, the markets, the consumer base, the workforce, the demand half the supply-demand equation.

          For the folks who are truly destitute, volunteer hours -- at, say, $17.50 an hour, which'd be about double what a living minimum wage works out to where I live -- ought to be acceptable. If a person can give an hour a week for a year, that's a pretty fair equivalent of money; if they can produce two hours a week for a year, that's more than most corporations actually fork over ...

          and far as that goes if the CEOs and CFOs and CIOs and COOs of Bear Stearns and Goldman Sachs and Enron wanted to donate, say, 20,000 hours of volunteer work apiece cleaning public toilets every year for the next 20 years, I'd probably quit hollering for jail time for 'em.

          LBJ, Van Cliburn, Ike, Wendy Davis, Lady Bird, Ann Richards, Barbara Jordan, Molly Ivins, Sully Sullenburger, Drew Brees: Texas is NO Bush League!

          by BlackSheep1 on Wed Aug 21, 2013 at 05:37:54 PM PDT

          [ Parent ]

          •  in layman's terms, The federal Govt's deficit (0+ / 0-)

            is the private sector's surplus.  Federal Govt deficits add new money to the private economy.

            "The Earth is my country and Science my religion" Christiaan Huygens.................... Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

            by Auburn Parks on Wed Aug 21, 2013 at 06:11:34 PM PDT

            [ Parent ]

            •  So what makes 'em such anathema to the (0+ / 0-)

              Gee Oh Pee?

              LBJ, Van Cliburn, Ike, Wendy Davis, Lady Bird, Ann Richards, Barbara Jordan, Molly Ivins, Sully Sullenburger, Drew Brees: Texas is NO Bush League!

              by BlackSheep1 on Wed Aug 21, 2013 at 06:48:13 PM PDT

              [ Parent ]

              •  A natural hatred of all things Govt I suppose is (1+ / 0-)
                Recommended by:
                BlackSheep1

                the original sin.  Once you accept that with a fiat currency, the Govt's budget (as the currency creator and issuer) is nothing at all like a household or business budget (simple currency users).  Then it becomes awfully difficult to justify cutting programs that help people.  But when you lie like conservatives do, then you compare the Govt to a household budget and everyone knows that individuals must balance their budgets.  If you don't continually make this lie, then you lose the impetus for cutting programs that would otherwise be left alone.

                "The Earth is my country and Science my religion" Christiaan Huygens.................... Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

                by Auburn Parks on Wed Aug 21, 2013 at 06:58:02 PM PDT

                [ Parent ]

  •  Well, if you can light your water, (1+ / 0-)
    Recommended by:
    BlackSheep1

    they're probably fracking not far away ... so yes, your water's been profitized as well.

    And if you don't believe me, ask the farmers in West Texas whose cattle are dropping like flies.

    None are so hopelessly enslaved as those who falsely believe they are free. -Johann Wolfgang von Goethe

    by achronon on Wed Aug 21, 2013 at 03:57:18 AM PDT

  •  I've been using the term for 2 years (1+ / 0-)
    Recommended by:
    Sandino

    I just wish spellcheck would figure it out ;^)

  •  It's OK to make a living, but not a killing. nt (1+ / 0-)
    Recommended by:
    blue muon

    "The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

    by Lily O Lady on Wed Aug 21, 2013 at 06:22:19 AM PDT

  •  Profitized by Privateers (0+ / 0-)

    Always refer to them as privateers, unless they have already been indicted.

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