The article defining the beneficiaries and victims of Globalization and Privatization

An abstract of a Doctoral Dissertation)-1991
Privatization creates new social orders that eradicate some inequities of existing systems but replaces them with new and greater risks. Because commerce is meant to generate wealth for special interests, governments are mandated to provide essential services to society-at-large. Social homogeneity requires a confluence of these processes to balance commercial interests with social needs, but privatizing changes ownership and public accountability adding nothing of tangible value to society-at-large.
Effective governing includes barriers against onerous accumulations of wealth. For example, monarchies tax wealth by decree and by covenants of Seisen, aristocracies survive by consent of oligarchic classes, and democracies that adopt rules-of-law from older philosophies, are the final arbiters of wealth distribution. Privatizing implies social consents to redistribute public wealth to private owners without due process or public referendums. None of these schemes can work in the long-term, however, because they are political expediencies inflicted on uninformed constituencies, and laws allowing it are enacted by sovereigns to guaranty their self-perpetuation within legal systems (families) that are ontologically structured, in mutually exclusive epistemologies, and regional cultures. Universal legal doctrines are non-existent except for natural mechanisms of power that redistribute wealth, remedy ubiquitous human conflicts, and act as barriers to social upheaval. Privatizing is ethical and legal only with an informed consent of the public or the formality of due process proceedings wherein victims are compensated by the beneficiaries to restore social equilibrium. Otherwise, essential services and public wealth are morphed into commercial monopolies that benefit select classes. Remedies require a unified paradigm to test for proximate injuries under the doctrine of “reasonable-foresight,” to level playing fields by equating compensation to the victims with gains of the beneficiaries thereby humanizing all Privatization processes.

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