Jomo Kwame Sundaram Kuala Lumpur, Malaysia, May 14 2019 (IPS) – Privatization has not provided the miracle cure for the problems (especially inefficiencies) associated with the public sector. The public interest has rarely been well served by private interests taking over…
Tag: Privatization
Privatization promotes collusion and corruption
KUALA LUMPUR, Malaysia, Apr 23 2019 (IPS) – At the risk of reiterating what should be obvious, the question of private or public ownership is distinct from the issue of competition or market forces. Despite the misleading claim that privatization promotes…