From Latin America and the United States to western Europe, in - TopicsExpress

From Latin America and the United States to western Europe, in both the global south and north, privatised public services, utilities and resources are being steadily brought back into public ownership. In the past decade, 86 cities have taken water back into social ownership. In Germany alone, more than 100 energy concessions have been returned to public ownership since the 2007-8 crisis. Even as austerity is being used to try to breathe new life into privatisation, the tide has started to flow in the other direction. The new wave of public ownership is taking innovative, sometimes hybrid, forms, and overcoming weaknesses that hobbled earlier nationalised industries.

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