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Privatization: Studies
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One of the main arguments for privatization of water systems is that it will save municipalities millions of dollars. For example, the Mayor of Stockton, California, a proponent of privatization, claims that the city’s 20-year, $600-million deal with OMI-Thames Water, which went into effect on August 1, 2003, will save the city as much as $97 million compared to continued public utility operation. Several studies suggest that this may not be true. A study by the Pacific Institute finds that Stockton stands to lose $1.7 million over the life of the deal.
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Soon after the studies were completed, the Turkish Supreme Court voided the privatization of Tupras, the petro-chemical plant that is the biggest in Turkey. The court said that privatization is "not in the public interest."
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In public schools today, little is safe from commercialization and privatization. A wide variety of companies and corporations are attempting to take over virtually all of the work traditionally performed by school district employees, from teaching to providing student transportation to cooking meals to cleaning and maintaining school buildings and grounds, and more.
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