Stakeholders

Privatization transfers enterprises from the public to the private domain. In the public domain they are under some degree of public control, at least in principle; in more democratic societies that could be a considerable degree, and in still more democratic societies, which barely yet exist, they would be under the direct control of "stakeholders": workers and communities.

Noam Chomsky, Hopes and prospects

Crisis

While protectionism and state violence greatly benefited England and United States, and the rich industrial countries generally, the liberalization that was imposed by the imperial powers pretty much created the third world. 

Noam Chomsky, Hopes and prospects