Has privatisation passed its use-by date?
Whether it has been noticed or not, that election result coupled with the recent elections in Victoria and Greece share a common denominator that may have far reaching ramifications for future governments all over the OECD world.
When politicians look at publicly owned assets, all they see is a pile of money sitting there waiting to be collected. They think if that pile of money can be realised without effecting the service it performs, then why not sell it and spend the money on something that will make them look good.
Read more at: The Australian Independent Media Network
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John Kelly