Privatization: When Corruption Turns the Solution into an Aggravation

Abstract

A facetist analysis of how residual regulatory power infects privatization, converting a proven free-market solution into a gaslighting mechanism that amplifies failure. The study focuses on Blackwater, BlackRock, and Deutsche Telekom, with the regulated private university as the central case, showing that privatization succeeds only under eleuthagorist conditions and fails when officials retain control of entry, title, price, and exit. Rothbard and Hoppe’s diagnosis of regulatory intervention as a contagious disease supplies the theoretical frame.