Mention610694

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so:text Privatization: Disposing of public sector assets at low prices and high sales commissions to powerful groups and individuals who generously supported the ruling party’s last election campaign. It provides short-run cash windfalls to the government, while weakening its power and its cash flows in the years to come. In the Third World, a means of making valuable assets available to First World creditors and investors at fire sale prices in a situation of virtual state bankruptcy. (en)
so:isPartOf https://en.wikiquote.org/wiki/Edward_S._Herman
so:description Doublespeak Dictionary (within Beyond Hypocrisy) (en)
so:description Beyond Hypocrisy, 1992 (en)
qkg:hasContext qkg:Context300661
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