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In Government We Trust: Market Failure and the Delusions of Privatisation

In Government We Trust: Market Failure and the Delusions of Privatisation

by Warwick Funnell (Author), Jane Andrew (Contributor), Robert Jupe (Contributor)

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    Paperback 2009

    $8.40
Synopsis

Neoliberalism has convinced governments in liberal democratic states to transform themselves and society according to the values and practices of the market.

This book examines these changes within the context of market failures in services relinquished to the private sector by governments.

Using 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 privatisation, requiring them to resume responsibility when the private sector fails.

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More Information

Format: Paperback
 Pages: 320
 Publisher: Pluto Press
Published: 20 Jan 2009
ISBN 10: 0745329071
ISBN 13: 9780745329079

Media Reviews
'Returns to the fundamentals of the privatisation debate and through specific sectorial case studies exposes the true, harsh realities of our neoliberal obsessions. The authors have done public policy makers a great service- if they are prepared to read and learn' -- John Cruddas MP
Author Bio
Warwick Funnell is Professor of Accounting at the University of Wollongong. He is the author of Accounting for War (2003) and Government by Fiat: The Retreat from Responsibility (2001). Robert Jupe is Senior Lecturer in Accounting at the University of Kent. Jane Andrew is a Lecturer in Accounting at the University of Wollongong.