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PrivatizationNOMOS LX$
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Jack Knight and Melissa Schwartzberg

Print publication date: 2018

Print ISBN-13: 9781479842933

Published to NYU Press Scholarship Online: September 2019

DOI: 10.18574/nyu/9781479842933.001.0001

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Privatization and the Ought/State Gap

Privatization and the Ought/State Gap

(p.79) 4 Privatization and the Ought/State Gap

Peter Jaworski

NYU Press

This chapter argues that institutions have only instrumental value, and must be evaluated – empirically – by reference to their outcomes. Moreover, Jaworski suggests, the values of equality and fairness (for instance) that critics allege are intrinsic to state ownership are often realized as well, if not better, by privately owned enterprises; theoretical inquiries cannot prove that state-owned enterprises outperform their privately owned rivals on these dimensions.

Keywords:   Privatization, Equality, Justification

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