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Q: Does privatisation necessarily benefit stakeholders in the economy?
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Roland Tichy has written: 'Privatisation and the social market economy'


Does privatization necessarily benefit stakeholders in the economy of your country?

Having been a resident in both China and Canada, I have a view on both types of political systems and economies. My general answer is no because of how your question is worded. The keyword is "necessarily". If we were to prove that something is necessarily true, it is virtually impossible. As discussed in the "Black Swan", such a conception can be disproven by one example of negation. Yet we cannot be absolutely sure that there is no case to the contrary in the entire world since we cannot examine every possible situation. Privatization, although in my opinion, greatly increases work efficiency and economic output in general, do not "necessarily" benefit every stakeholder.


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