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The Privatization of Everything

How the Plunder of Public Goods Transformed America and How We Can Fight Back

ebook
1 of 1 copy available
1 of 1 copy available

The book the American Prospect calls "an essential resource for future reformers on how not to govern," by America's leading defender of the public interest and a bestselling historian

"An essential read for those who want to fight the assault on public goods and the commons." —Naomi Klein

A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, the hardcover edition of The Privatization of Everything elicited a wide spectrum of praise: Kirkus Reviews hailed it as "a strong, economics-based argument for restoring the boundaries between public goods and private gains," Literary Hub featured the book on a Best Nonfiction list, calling it "a far-reaching, comprehensible, and necessary book," and Publishers Weekly dubbed it a "persuasive takedown of the idea that the private sector knows best."

From Diane Ravitch ("an important new book about the dangers of privatization") to Heather McGhee ("a well-researched call to action"), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military. Cohen and Mikaelian also demonstrate how citizens can—and are—wresting back what is ours: A Montana city took back its water infrastructure after finding that they could do it better and cheaper. Colorado towns fought back well-funded campaigns to preserve telecom monopolies and hamstring public broadband. A motivated lawyer fought all the way to the Supreme Court after the state of Georgia erected privatized paywalls around its legal code.

"Enlightening and sobering" (Rosanne Cash), The Privatization of Everything connects the dots across a wide range of issues and offers what Cash calls "a progressive voice with a firm eye on justice [that] can carefully parse out complex issues for those of us who take pride in citizenship."

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    • Publisher's Weekly

      September 6, 2021
      Cohen, founder of the nonprofit In the Public Interest, and Mikaelian (coauthor, Medal of Honor) contend in this impassioned and well-informed cri de coeur that the decades-long trend of privatizing public services in the U.S. has been a disaster for the average citizen. Examining infrastructure, criminal justice, education, and public health, among other fields, the authors cite numerous examples of private businesses making extraordinary profits by overcharging for much-needed services and reducing or outright eliminating programs. In case after case, decisions made by local, state, and federal officials for short-term financial or political gain have not played out as predicted. For instance, Chicago’s 2008 decision to grant Morgan Stanley a 75-year lease on its parking meters for $1.16 billion proved costly when the company turned a $500 million profit after only 11 years. As part of the contract, Chicago also agreed to indemnify Morgan Stanley for public works initiatives (bike lanes, housing developments, etc.) that might reduce parking revenue. In Apple Valley, Calif., the authors note, the town’s private water supplier charged higher rates to residents who used less water during a drought. Cohen and Mikaelian also cite a handful of cases where voters took back control of privatized services, and offer a step-by-step guide to waging such a campaign. The result is a persuasive takedown of the idea that the private sector knows best.

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  • OverDrive Read
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Languages

  • English

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