PPPs/P3s have become all the rage amongst every level of government in Canada in recent years. Proponents claim P3s reduce the costs of building and operating public projects and services,that projects and services are delivered more efficiently through the P3 model, so that in the end taxpayers are better off economically and as consumers of public goods. This book tests all of these claims, and more, finding them mostly empty, ideological assertions. Through an exhaustive series of case studies of P3s in Canada – from schools, bridges and water treatment plants to social services and hospital food – this book finds that most P3s are more costly to build and finance, provide poorer quality services and are less accessible than if they were built and operated by public servants. Moreover, many essential services are less accountable to citizens when private corporations are involved.
Price: $25.00
Pages: 208
Publisher: Fernwood Publishing
Imprint: Fernwood Publishing
Publication Date:
01 March 2010
Trim Size: 9.00 X 6.00 in
ISBN: 9781552663387
Format: Paperback
BISACs:
POLITICAL SCIENCE / World / Canadian, SOCIAL SCIENCE / Discrimination
“One frightening consequence of the global financial crisis of 2008-09 is the renewed effort by private investors to force the privatization of public assets. And their tool of choice has become the public-private partnership. In this devastating and incredibly timely critique, John Loxley exposes P3s for what they are: a phony fiscal shell game that enriches investors at our expense. This book is an essential tool in the ongoing struggle to preserve the public good.”
— Jim Stanford, Economist, Canadian Auto Workers
John Loxley is a professor of economics at the University of Manitoba. He is the author of Alternative Budgets, Doing Community Economic Development, and Transforming or Reforming Capitalism. He lives in Winnipeg, Manitoba. Salim Loxley is a consultant who studied at the University of London and the London School of Economics.
John Loxley is a professor of economics at the University of Manitoba. He is the author of Alternative Budgets, Doing Community Economic Development, and Transforming or Reforming Capitalism. He lives in Winnipeg, Manitoba. Salim Loxley is a consultant who studied at the University of London and the London School of Economics.
: What Are Public-Private Partnerships?
: Economics and Financing
: Public Policy
: Value for Money and Public Sector Comparators
: Schools, Social Services, Hospitals and Hospital Services
: Bridges, Roads and Water and Waste Treatment
: Public Spending for Private Profit
: Appendices
: References
: Index
