The Problem with Public-Private Partnerships

The description below, sums up P3 partnerships perfectly. Click here or on the pdf file to read the full article or an excerpt below.

 

In a thoroughly perverse twist, these free market economic policies led to the largest public bailouts in history and what Nobel-Prize winning economist Joseph Stiglitz has described as a “new form of public-private partnership, one in which the public shoulders all the risk, and the private sector gets all the profit.”

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