Privatisation – that is to say the sale of publicly owned assets to private interests – is indissolubly linked with the notion of free market economics. If you like, it is the second leg of a ’double’ – the other leg being free trade in goods and services. In short, privatisation is an integral part of the drive towards what the world has called – somewhat inaccurately – globalisation.Nevertheless in recent economic discussions, not merely in News Weekly, but in the whole range of journals a…
