Is privatizing something handing it over to a totalitarian tyranny?

Question

When something is nationalized, it belongs to the people through the government.  The government in the US, which is supposedly democratic, can be influenced by the population through elections.  However, the population cannot vote on the owners of a private company that has monopoly status.  So, let's say we privatized our tap water and one company took control over it for the city.  Since we have no say in the leadership, the owner can do whatever he wants to the water and we either have to buy and or dehydrate.  Isn't this the same as living under a dictator?

Is there something wrong with this analogy?

Equaliser. · Accepted Answer

Yes, the Thatcher / Major governments did just that in the eighties and nineties followed by Blair and Brown and now continued by Cameron.
Just look at the state of the British economy and ask yourself what happened to all the millions that successive governments saved from the countless  thousands of former public employees they sacked in those years. 
Where has all the money gone ?

Their Constitution rules them · Answer

Is privatizing something handing it over to a totalitarian tyranny?
No, not necessarily.
In the case of water no company makes water, it is a natural function of the earth and as such it belongs to the people as It naturally flows on the earth. I have a right to what falls on my property but i cannot prohibit it from flowing naturally to other properties by a damming it up and selling it.

However if I create something that is not naturally available to others I should have a right to sell the product of my labor to others. The people do not nor should not be able to confiscate the labor I have provided to bring a product to the market by nationalizing it.

Anonymous · Answer

Just think about how your Social Security "investments" would be doing today if they had been privatized and map it back across the past 3 years...

GOP must never get back into any significant power. They will destroy the middle class and wipe out the elderly hoping to retire before they die.

sweet · Answer

The black military helicopters are actually touchdown and disgorging United countries squaddies who're going to take us to Obama's FEMA concentration camps the place we are able to be held till the Anti-Christ comes. people such as you and me have the criminal accountability to sound the alarm.

? · Answer

no, you're thinking of nationalization.

Look at our "national" park system.  If it belonged to the "people", when we experienced a gov shutdown... we would simply be free to come and go at will there since it its ours... instead your fascistic totalitarians shut it down and make it off limits to the masses.   We are only visitors.  They make all rights merely privileges to take away from us if ever we dare resist them.

You really need to rethink "progressivism" and the fascistic social nationalism it has wrought.

Brutus · Answer

You have it backwards.  The government owns it, not the people.  As an individual I am not FORCED to subsidize the private sector unless the TYRANTS in government FORCE me to.

Anonymous · Answer

some people want to privatize things like police departments, more like mercenaries or vigilantes

Anonymous · Answer

it's croney capitalism.

what the republick party does best.

US Government · Answer

You have it backwards but I'm sure you know that already.

Anonymous · Answer

no

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Is privatizing something handing it over to a totalitarian tyranny?

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