Privatisation or Taxing the Rich?

A debate on privatization has broken out in the pages of The Namibian following a call by Andrew Jansen of Simonis Storm Securities for the partial privatization of some state-owned enterprises as a possible solution to the economic crisis in the country. S. McCarthy of Walvis Bay writes, “Of course, Jansen is merely repeating the old propaganda that the so-called private sector is more efficient and, therefore better for Namibia. Just where is the evidence for this assertion? Does 'efficiency' mean greater profits for the 1%? This is probably how the capitalists use this concept. But what about the other side? The loss of jobs, the greater pauperization of the rest, and the vast increase in workloads for the remaining employees?”

Published on

Mar 2, 2017




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