Wednesday, July 25, 2012

Follow the Campaign for Public Ownership on Twitter!

The CPO has launched on Twitter.

Please follow us if you'd like to keep up-to-date with news/information about public ownership/privatisation, and receive details of our campaigns and press releases.

Saturday, July 21, 2012

Why Britain needs public ownership: Meeting at 21st Century Marxism Festival

You can hear CPO Director and co-founder Neil Clark, Andrew Fisher of Left Economics, and Robert Griffiths, General Secretary of the Communist Party, make the case for public ownership at the 21st Century Marxism Festival in Bishopsgate, London today. Details here and here.

Wednesday, July 18, 2012

Seumas Milne: G4S should make it easier to beat the privatisation racket

If nothing else, the spectacular failure of G4S, the world's largest security firm, to get even close to meeting its Olympics contract should at least bury the fantasy that private companies are more efficient than the public sector. While G4S staff have failed in their thousands to turn up at one Games location after another, the police and the army have had to sort out the corporate chaos.

You can read the whole of Seumas Milne's Guardian piece on the terrible price we have all had to pay for privatisation and outsourcing,  here.

Friday, July 13, 2012

Neil Clark: G4S's Olympic struggles should derail the drive towards more privatisation

This article, by CPO co-founder Neil Clark, appears on The Guardian's Comment is Free website.

Private companies have one aim: profit maximisation. So expect cuts in staffing levels and everything done on the cheap 

The next time you meet one of those free-market ideologues who tells you private companies are always more efficient than the public sector, don't bother to get involved in a lengthy argument. Instead just use the example of G4S. 

You can read the whole article here.

Tuesday, July 10, 2012

Athens plans huge wave of privatisations

Terrible news from Greece.

Ben Chacko at the Morning Star reports:

Greece's ruling coalition unveiled an "everything must go" sale of the country's assets over the weekend as Finance Minister Yannis Stournaras gushed that privatisation was his "top priority.

"The privatisation programme aims at attracting important international capital," Mr Stournaras told MPs on Saturday, sketching a vista of foreign corporations rushing in to snap up Greece's infrastructure and services.

The initial wave of the project would include 28 major privatisations, including state natural gas, water and betting companies, a number of key airports including that of Athens, the state railways and various marinas and other properties.

Some services would be taken over entirely by the private sector, he said, while in others the state would rent back the infrastructure from the buyers.

Mr Stournaras added that this was just the beginning, with a second bout of sell-offs, including that of the Public Power Corporation, planned for a later date.

You can read the whole of Ben's report here.