Neoliberalism: again

Neoliberalism has always been about pork barreling the private sector, and public/private collaborations are at the heart of the neoliberal project. They are justified by the idea that the ‘market’ does it better, as it supposedly always does everything better, but as usual the technique insulates corporations and the wealthy from facing competition, or ‘market discipline’ which is just for the workers.

Public/private partnerships have the following advantages from the neoliberal point of view:

1) They hand over taxpayer’s money to corporations. (This is good by neoliberal standards)

2) Commercial in confidence means that the money cannot be accounted for, and accounting for inefficiency or stupidity is lost. Cost blowouts are normal, and cannot be contained, while the company makes still more profits. (This is good by neoliberal standards)

3) It seems the builders cannot be replaced – no matter how bad they are, and the law often gets changed to accommodate their failures, making the law less restrictive on other abusive businesses. (This is good by neoliberal standards)

4) The products of this public money, remain in private hands. (This is good by neoliberal standards)

5) The public gets charged to use the new services/products, and the public makes no money out of them. Indeed they end up paying for the product twice; once to build and once to use. (This is good by neoliberal standards)

6) Wealthy people get even more wealthy, and the public loses public service. (This is wonderful by neoliberal standards)

Neoliberalism, and free market talk, is absolutely the problem and public private “partnerships” simply make it worse.

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