A return to public forms of administration in water supplies is a phenomenon that has been spreading globally. Over the past 15 years almost 235 cities around the world, among them Paris, Berlin, Budapest, Buenos Aires and Kuala Lumpur have either terminated or have desisted from renewing the contracts with private concessionary companies. In the Netherlands, Belgium, Austria and the Scandinavian countries, for example, water delivery is, by a tradition, almost 100 percent public.
Thomas Marois, Senior Lecturer in Development Studies argues that until people regain control of money and credit, we will not be able to stop economic and ecological crises. Most people don't know that fortunately there is untapped potential in public banks, that make up a quarter of all banks worldwide. Drawing on his research on public banks in Turkey, Costa Rica and elsewhere, Marois points to the potential and problems of public banks and how we might harness them to deliver social and environmental justice.
Pablo Echenique is a vivid example of a normal citizen that through Podemos found a way to be a political actor in Spain and Europe. Hilary Wainwright interviews him to help us to understand what the Podemos phenomenon is about.
Public water and electricity are back in vogue. Yet many state-owned utilities are now undergoing corporatisation: they have legal autonomy and manage their own finances. Is this a positive development in the struggle for equitable public services? Or a slippery slope toward privatization?