It’s the Government’s answer to everything these days, it’s called privatization, and from the oil fields to the killing fields, privatization could mean money laundering for corporate and political giants.
With the U.S. occupation of Iraq in full swing, there are 100’s of billions of dollars of contracts being doled out. So in an effort of reconstruction and democratization, it can be assumed that these contracts and jobs will aggregate employment and financial integrity for the liberated citizens of Iraq, right?
“Privatization: A very broad term – but most simply, privatization is the transfer of assets or service delivery from the government to the private sector. Privatization runs a very broad range, sometimes leaving very little government involvement, and other times creating partnerships between government and private service providers where government is still the dominant player.” - privatization.org
So lets apply this definition to post war Iraq. The U.S. government will transfer assets, in this case, the Iraq oil fields, from the government to the private sector, i.e. Corporations such as Halliburton, to create a partnership, of various involvements, between the government and said service provider. By definition, privatization is unequivocally a partnership between government and corporate interests, so surely this partnership is regulated to eliminate inevitable corruption?
"Deregulation: Removal or relaxation of regulations or controls governing a business or service operation such as utility." - ugi.com
Due to deregulation, these government/corporate partnerships, solely control price and legally work together to control an asset, which in turn, the partnership withholds and squeezes distribution, to best regulate and effectively control its price. In the case of Iraq, this meant forming a partnership between the U.S. government and companies such as Halliburton, the invasion of an unarmed country, the seizure of it’s treasury, and the distribution of it’s wealth to the corporations which are held in principal interest by the Highest ranks of our own U.S. Government.
Through privatization, the government can legally behave much in the same manner as the mob. Yes it’s legal, but is it ethical? Is it acceptable to rape a land and it’s people for financial gain? To leave the “democratized” Iraqi people, in a state of emotional and economic despair, while the rich get richer? With Saddam Hussein out of power, Iraq has real potential for democracy, but democracy will not be apparent until the people of Iraq are made free to make decisions regarding their treasury and sovereignty, and it’s only then when freedom will endeavor to prevail.