Capitalism – crisis and critique (defunct)

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Austerity drive will hand billions to private sector

July 17th, 2010 · No Comments · general

Austerity drive will hand billions to private sector, Friday 16 July 2010 21.50 BST

This report seems to confirm that the outcome of the ConDem’s budget and economic policy, intentionally or otherwise,  will be the front door, back door and side entrance privatisation of everything the corporations can lay their hands on that will turn a buck for their directors and shareholders. This surely compromises even more the fragile political democracy we still have with more and more services being managed from the unaccountable private sector. This has already taken a hit with the proposed integration of (unelected) business leaders directly into a business friendly and private profit orientated government. Why the former BP boss’s new government job is beyond parody Independent Friday, 2 July 2010.


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