The last two decades have seen a sea change in the provision of public services across the Western world and more recently, thanks to structural adjustment, across the Majority World too. The private ownership of public assets are at the core of economic globalization.
Public auction
The 1990s saw an orgy of privatization as thousands of public enterprises were sold off to private owners in more than 100 countries around the world.
Between 1990 and 1999 the value of all ...