Crisis of Privatization - Return of Public Space

by Mario Candeias

Tue, Mar 23, 2021 11:43AM

The water supply for the population of Paris is to be
completely restored to public ownership from 2009 on,
as the Socialist mayor Delanoe announced on June 2nd
2008... Adam Smith already advocated that such “public goods“ have to be provided by the state.2

https://www.rosalux.de/fileadmin/rls_uploads/pdfs/Policy_Paper/pp-Candeias01_2008.pdf

Neoliberal privatization is suffering from a legitimacy
crisis, an efficiency crisis (concerning prices, quality
and access), and a crisis of profitability – but crises
do not necessarily lead to an end to privatizations, rat -
her they lead to new ways and strategies for making
them more effective. Politicians and investors are loo -
king for other (investment) opportunities. Nevertheless,
we can observe shifts in the social climate that enable
successes in anti-privatization campaigns, foster remu -
nicipalisations and the debate about the public sphere.

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