Central to neoliberal ideology is selling off public services, welfare and utilities to the private sector. The result has been disastrous for users. Jan Neilsen and Alan Gibson introduce our special report.
At the heart of the neoliberal project has been the privatisation of public services and other publicly held assets. The strategy — begun in Britain during the 1980s — has engulfed the world since. It was and is about one thing only: shifting wealth and the balance of class power to the global ruling class. Privatisation is a political tool with which global ruling classes have waged war for the past 40 years. It was never about setting free the more efficient private sector to replace the inefficient public sector, as we show below.