Medicare Versus the Insurance Industry: A Privatization-Driven Arms Race [by Paul Krugman]

Why do liberals still communicate the idea that privatization was done in good faith? For anything other than greed, corruption, or cruelty?

You could be forgiven for this perspective 30 years ago, but it's 2025. We have literally hundreds of examples of privatization all over the world, and hundreds of examples of it achieving less at a higher cost.