Privatisations of state-owned assets have become a central plank of EU/Troika agreements with debtor nations such as Greece, Ireland, Italy, Spain and Portugal, but there has been little examination of their track record nor an examination of who really benefits. This report puts a spotlight on the legal and financial corporate giants making millions out of the new wave of privatisations across Europe.
The Central Jakarta District Court on 24 March annulled the water privatisation contracts of Suez (PT PAM Lyonnaise Jaya – Palyja) and Aetra, finding that the Public-Private Partnerships (PPP) were negligent in fulfilling the human right to water for Jakarta’s residents.
Jakarta is currently striving to join many cities around the world and remunicipalising its water. A series of fact-sheets that outline how and why water privatisation failed and the potential for a renewed effective public service.
From South Africa to Brazil, from Italy to the US, in Uruguay, Greece, Norway, the UK and in many other countries, municipal councils are taking services back under public control. Public Service workers and their fellow community members are not only defending public services but are also struggling to make them democratic and responsive to the people's needs and desires.
This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
Why are those responsible for the EU crisis profiting from it? Why are the same policies that caused the crisis being used to resolve it? An infographic expose of the EU crisis, its causes and its social impacts.
Experience worldwide shows that EC-imposed privatisation on crisis countries will not work. The alternative is not reinforcing the status quo, but using citizen power and labour to reinvigorate public services and democratically transform the state.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
Who are the global 1%? What companies do they run? How do they escape accountability? Check out TNI's powerful infographic displays that expose the social and environmental costs of global corporate power.
While both North–South partnerships and SouthSouth Partnerships have strengths and limitations, linking these in networked models is an effective way to mobilise expertise and funding and achieve success.
The future of public services is the subject of conflict in Europe. Believers in privatisation and liberalization stand face to face with those that see the risks. Eurotopia Issue 4 goes into examples of failure and offers a look at successful alternatives to privatisation.