Postal service privatization
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Postal service privatization
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Several countries have undergone or are in various stages of privatizing their national postal service:
- Privatized in 2000. As of early 2005, 20% of outstanding shares were owned by the German government. In the finance community, Deutsche Post is often cited as a privatization success story.
- Currently majority-owned by the government, Japan Post is scheduled for complete privatization in 2007. Significant opposition to the Government's privatization plan exists.
Murray Rothbard has argued that the postal service is one of the vital command posts invariably owned monopolistically by the State because "[t]he post office has always been a very convenient tool for the inspection and prohibition of messages by heretics or enemies of the State."[1]
References
- ^ Rothbard, Murray (March 18, 2004), The Myth of Efficient Government Service, http://mises.org/story/1471
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