Dexter Whitfield

<span style='font-size: 14px;'>Global Auction of Public Assets:</span>

Global Auction of Public Assets:
Public sector alternatives to the infrastructure market and Public Private Partnerships
By Dexter Whitfield

Public infrastructure in the 21st century is confronted with new challenges - adapting to climate change, meeting the economic, energy, water, transportation and social infrastructure needs of megacities in Asia, megaregions in North America and European city regions.

Public infrastructure provides basic human needs - homes, water, energy for light, heat and cooking; the transport of people, raw materials and goods by road, rail, sea and air; hospitals, schools, sports and cultural facilities; communications networks; facilities for the criminal justice system; and civic and governmental buildings for democratic governance, social and political activity.

Public infrastructure supports economic growth, increases productivity, generates employment, creates opportunities for the production and supply chains in construction and services, and improves community well-being.

Wider adoption of Public Private Partnerships (PPPs) and growth of the global infrastructure market, financed by investment funds and pension funds, could fuel a new era of public asset sales. Already, the refinancing and the sale of equity in PPP projects has led to the buying and selling of public hospitals, schools, prisons and roads, furthering exploitation and profiteering.

PPPs are promoted by the World Bank, IMF, development banks and via bilateral agreements in developing countries and the industrialised north. This is the first critical analysis which explores PPP programmes in the UK, France, Ireland, Germany, the US, Canada, Russia, Australia, China, India, Brazil and South Africa.

Yet over US$500bn of PPP projects have failed, have little democratic control or transparency, are costly, lack innovation and are approved on narrow value for money or fraudulent public sector comparators. PPPs are ultimately publicly financed, either directly by government or indirectly through user charges, fares and tolls.

Profiteering from public private partnerships
Dexter Whitfield, Guardian, 10 December 2009

Reviews:
Selling off the family silver - Duncan Bowie, Chartist, March/April 2010

Public cost and private benefit - Michael Barratt Brown in Red Pepper, Feb 2010

Socialist Review - Nick Grant, January 2010

Truthout - Friday 15 January 2010, Op-Ed

Price: £18.00

380 pages | Paperback

ISBN: 978 0 85124 7731

Quantity:

<span style='font-size: 14px;'>New Labour's Attack on Public Services</span>

New Labour's Attack on Public Services
Modernisation by Marketisation? How the commissioning, choice, competition and
contestability agenda threatens public services
and the welfare state.
By Dexter Whitfield

New Labour is creating markets in public services on an unprecedented scale. Privatisation inevitably follows marketisation, eroding democratic accountability and embedding business interests. Alternative policies and strategies must build on the support for democratic governance, social justice and the welfare state. As this timely book makes clear, action by alliances of trade unions, community organisations and civil society organisations is urgently required.

Read reviews by:
Mike Tolochko
Patrick Ainley
Labour Research
Keith Popple
Paul Walker

Price: £11.99

176 pages | ISBN: 978 0 85124 7151

5th Series Number 3

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Spokesman Books | Dexter Whitfield