Downfall of Private Prisons The privatization of jails and prisons in the United States are becoming more and more popular with 122 adult prisons and 252 juvenile facilities, capable of holding more than 160,000 inmates for the past 8 years. These facilities have pros and cons however, 32 states contract with private sector prisons and almost 17 percent of adult inmates are held in private prisons. (Allen, Latessa, and Ponder) The major arguments against privatization are cost, insurance,…
I believe that changing our system and moving towards privatization and funding we can increase national saving. Such a move will require a consumption sacrifice, through either a cut in benefits or hike in combined contributions to Social Security and the new retirement plan. Those plans of privatization which do not impose a restriction of consumption will not reach an effective saving rate. Such a national saving may be achieved…
The phrase ‘Washington Consensus’ was coined by John Williamson in reference to a set of policy tools that Washington based institutions, in particular, the IMF, World Bank and the US Treasury could agree upon as the appropriate policy solutions to the Latin American debt crisis. In sum, these policy tools prescribed economic stabilisation, liberalisation and privatisation for developing countries as the keys to development, (Rodrik, 2001). Those policies were deemed necessary to achieve growth…
program. The privatization of social security has been a conservative platform as the solution to the social security deficit for many years. Pro-Privatization proponents want to give tax payers the options to invest a portion of their payroll taxes into private accounts. In contrast, Liberals tend to defend the current system and prefer tax increases and payment modifications. Typically, liberals argue against the privatization of social security. Proponents of privatization argue that…
early November of 1999, irrigation farmers brought the passage of Law 2029 to the attention of Fabriles (Cochabamba Federation of Factory Workers), an amalgamation of factory workers’ unions, which had been very active in organizing opposition to privatization…
and finally, the hormonal paradigm which focused on the chemical reactions of the brain and a regulation of carbs and the reliance of food science. These paradigms fell into line with the popular cultural and scientific ideologies of their time: privatization of political power and labor (diet being a new form of labor)(7), control and self-regulation the industrial idea of “human cost and efficiency” (8), and the new digital, information economy…
In the book “A Brief History of Neoliberalism”, David Harvey concludes that neoliberalism is profoundly anti-democratic by nature. Criticizing Harvey’s assessment on neoliberalism, which I believe that neoliberalism mainly focuses on the four points. The first point knows the rule of the market, which liberating free enterprise or private enterprise from any bonds imposed by the government (state) no matter how much social damage this causes. Reducing the wages by organizing workers and…
Eliyahu Stiefel Mr.Hong English 1A 02/02/2012 Legalizing same-sex marriage…
Since 1989 when the term Washington Consensus first appeared and throughout its short history there have been various interpretations of what it could signify. It has been described as a new form embodying imperialism, as a tool to undermine states, as the introduction of the laissez-faire economy etc. (Williamson, 2004: 6). Some more crucial definitions that Williamson provides in his historical overview are the usage of the term Washington Consensus when referring to the Bretton Woods…
Year later, 2008, the inflow of FDI was 684 million euros, without the expected privatization can be considered satisfactory, especially if we take into account its positive structure (investment in the manufacturing sector and a high share of greenfield investments). The global economic crisis that occurred in 2009 has contributed to a…