Wells Fargo Is Plotting to Privatize the Post Office - Jacobin magazine

The Quiet Assault on the United States Postal Service: A Looming Privatization Threat

The United States Postal Service (USPS), a vital institution woven into the fabric of American life, is facing an unprecedented threat. While the public might be distracted by other headlines, a quiet, insidious campaign is underway to dismantle this crucial public service and hand its lucrative assets over to private corporations. This isn’t some fringe conspiracy theory; it’s a meticulously planned strategy, fueled by powerful financial interests and a relentless drive towards privatization.

At the heart of this campaign lies a disturbing pattern of calculated moves. A key element is the targeted erosion of the USPS’s financial stability. This isn’t simply a matter of budgetary shortfalls; it’s a deliberate strategy designed to make the USPS appear weaker, less efficient, and ultimately, more ripe for takeover. Consider the proposed price hikes – increases of up to 140 percent in some areas – which would undoubtedly cripple the USPS’s ability to compete and serve its customers. These astronomical increases are not based on legitimate cost assessments, but rather seem calculated to drive away customers, creating the appearance of unsustainability.

This financial strangulation is coupled with a vicious assault on the USPS workforce. The elimination of union jobs is not merely a cost-cutting measure; it represents a systematic attack on the dedicated employees who make the Postal Service function. By weakening the union, the path is cleared for lower wages, reduced benefits, and ultimately, a workforce less able to resist the privatization agenda.

The privatization push is not happening in a vacuum. It’s fueled by a powerful network of influential players. Think tanks funded by private interests disseminate reports painting a bleak picture of the USPS, consistently exaggerating its financial woes while downplaying its crucial societal role. These reports are then selectively used to justify drastic measures, creating a self-fulfilling prophecy where perceived inefficiency leads to policy decisions that further weaken the institution.

Moreover, there’s a concerted effort to dismantle the USPS piece by piece. The strategy isn’t about a complete, overnight takeover; instead, the focus is on strategically selling off profitable segments of the USPS, weakening the overall structure. This piecemeal approach allows for a more gradual, less noticeable transition to private control, masking the true extent of the privatization agenda. These profitable segments, such as specialized delivery services, are attractive to private corporations looking to capitalize on existing infrastructure and customer bases.

The long-term consequences of allowing this to happen are deeply troubling. The USPS provides essential services to every corner of the nation, connecting rural communities, facilitating small businesses, and ensuring the delivery of vital medications and correspondence. Privatization would likely lead to increased costs for consumers, especially in underserved areas. Rural communities, already struggling with limited access to services, would face a significant blow. The efficiency and reliability that the USPS currently provides could be sacrificed in the pursuit of profit maximization.

This isn’t simply a debate about government efficiency; it’s a fight for the preservation of a vital public service that underpins the social and economic fabric of our nation. The current assault on the USPS demands our attention. We must actively oppose the forces driving this privatization agenda, holding those responsible accountable and advocating for policies that strengthen, not dismantle, this essential institution. The future of the USPS, and indeed, a critical part of American life, hangs in the balance.

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