Since the Late 1980s, We Have Witnessed a Growing Tendency

Multiple Choice

Since the late 1980s, we have witnessed a growing tendency towards the 'privatization' of many political functions and processes formerly assigned to governments. Which of the following are examples of how people's lives are increasingly controlled and shaped by corporations as well as governments? Please select all that apply.

A) Globalization facilitates relocation and potentially makes companies able to engage governments in a 'race to the bottom'.
B) Decisions over employment, lay-offs and relocation are taken by firms, and governments cannot directly control employment levels (though they are made responsible for unemployment) .
C) The privatization of major public services and publicly owned companies has led to private actors dominating major industries such as media, telecommunications and transport.
D) Market and industrial liberalization and deregulation has increased the power of private actors: the more strongly the market dominates economic life, the weaker governmental intervention and influence is.