Morning Star: Financial regulation? What a joke

[… ] The most authoritative analysis of privatisation in Britain – The Great Divestiture: Evaluating The Welfare Impact Of The British Privatisations 1979-97, by Massimo Florio – utterly destroys the myth that privatisation has led to any long-term gains in productivity or efficiency, and documents the major costs in terms of welfare and communal benefit. […]

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