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Article: The incredible shrinking state. (state and industry)
- Article from:
- National Review
- Article date:
- February 28, 1986
CopyrightCOPYRIGHT 1986 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE PROGRESS of privatization, which has spread from Margaret Thatcher's Britain to at least a dozen other countries [see also "From Washington Straight," p. 24], is enough to confound those Right-pessimists and Left-optimists who thought that statism was a clock that ticked remorselessly forward. Now on the block, or recently sold, are such prizes as the Japanese telephone, railway, and tobacco monopolies; the Spanish national automaker (being sold to Volkswagen); airlines in Britain, Japan, Singapore, and Thailand; hotels in Mexico, Spain, and the Philippines; television channels in France and Malaysia; and the bridge over the Bosporus in Turkey.
Among the ...
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