A decade on from the 2007-08 global financial crisis, the majority of private banks have changed very little. Most remain solely concerned with maximising their returns, while sustainable or social goals remain subservient to this. For conventional economists, anything else remains an impossible or distant dream.
With the topic ”Tipping points” , the 5th edition of the Green Academy 2020 will continue with modulary work in three thematic blocks (commons/degrowth/climate justice) but large parts of the program will be also focused on issues like suspension of democracy, strengthening of social movements, development of new economic alternatives, all aimed to identify terrain, topics and strategies for systemic change and bold political action.
A few weeks after the May coup against Dilma Rousseff by conservative parties backed by the country's largest corporations, Brazil's “interim” government, led by Michel Temer, signed an emergency loan to the State of Rio de Janeiro to help finance infrastructure for the 2016 Olympics – in particular for a subway line connecting the sports venues. The bailout was conditional to selling off the State's public water supply and sanitation company, the Companhia Estadual de Águas e Esgotos (Cedae)
The massive concentration and growth of corporate power poses a major threat to what remains of public services, highlighting the ever-deepening crisis of democracy, and the urgent need for people to reclaim the state.
Reorienting Development analyses what the nature, advantages, limitations and challenges of public companies are. It also offers new theoretical and conceptual insights on the nature and roles of the state and the controversial meanings of development.
Reclaiming Public Services is vital reading for anyone interested in the future of local, democratic services like energy, water and health care. This is an in-depth world tour of new initiatives in public ownership and the variety of approaches to deprivatisation.