privatized

With developed countries all around the world seeing higher life expectancies and lower numbers of births, social security systems are going bankrupt because there are not enough young people in the system to pay for the rising number of retirees. Privatization prevents this long term shortfall...

Privatization is better way to improve certain parts as in private companies one have to work hard, if you work you will get paid and if you don't, you will be kicked off the next second and moreover the environment in private sector is much better that in govt. The main thing is efficiency...