In government we trust:market failure and the delusions of privatisation

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Bibliographic Details
Main Authors: Funnell William.
Group Author: Jupe R. E.; (Robert E.); Andrew Jane; (Jane L.)
Published: Pluto Press,
Publisher Address: London
Publication Dates: 2009.
Literature type: Book
Language: English
Subjects:
Carrier Form: 309 p.: ; 25 cm.
ISBN: 9780745329086 (pbk.)
074532908X
9780745329079
0745329071
Index Number: F03
CLC: F03
Call Number: F03/F982
Contents: Includes bibliographical references (p. 291-303) and index.
The state under siege -- 'The benevolence of the butcher' : self-interest vs public interest -- The 'proper' ends of government -- Structural failure : British transport infrastructure -- The privatisation of public profits : utilities -- The price of an ordered society : prisons -- Last thoughts, primary responsibilities.
"Neoliberalism has had a huge impact on our lives over the past three decades, convincing governments in liberal democratic states to transform themselves and society according to the values and practices of the market. In Government We Trust examines these promises within the context of market failures in services relinquished to the private sector by governments. Using prominent examples such as the collapse of Railtrack in the UK, the energy crisis in the US and the Sydney water treatment scandal in Australia, it exposes the level of risk which remains with government after privatization, requiring them to resume responsibility when the private sector fails. The authors show how these failures reveal the benefits of government intervention and the dangers of unfettered markets. They argue that these problems confirm that there are some things only governments can and should do." -- Back cover.