In the heyday of neoliberalism, before Lehman Brothers, privatisation was a big thing. At the time, it was the settled opinion that services are provided more efficiently by private companies. Parties of the left and the right signed up the neoliberal agenda, from Dublin to Sweden to South Korea.  There were some big successes. It’s strange to think now but in 1985 the Irish state owned and managed hotels, creameries, sugar processors, ports, shippers, three banks, oil refineries, steel mills, fertiliser manufacturers, telecom companies and a life insurer (though what goes around comes around, and the neoliberal agenda arguably, ultimately,…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €100.

Subscribe

Cancel anytime.

Are you already a member? .