Wrong Way: How Privatisation and Economic Reform Backfired

Discover 'Wrong Way: How Privatisation and Economic Reform Backfired,' a groundbreaking analysis of Australia's economic transformation since the 1980s. This compelling trade paperback from Black Inc delves into the impact of neoliberal policies, including privatisation, deregulation, and marketisation, questioning the long-held belief that these reforms have benefited society. Renowned Australian economists and public intellectuals evaluate the consequences of these changes, offering a critical perspective on whether economic reform has truly enhanced competition and productivity. This insightful book not only explores the cost-benefit dynamics of the reforms in critical sectors such as energy, health, and education but also addresses the pressing questions of accountability and the degradation of the public good. Perfect for students, policymakers, and anyone interested in the complexities of modern Australian economics, 'Wrong Way' gives a balanced view amidst growing concerns about oligopolies and voter disenchantment. Enhance your understanding of economic reform in Australia with this essential read, now available with free shipping at Smartfox NZ! Order your copy today to receive insights that challenge the status quo and redefine our understanding of economic success.
Condition: BRAND NEW
ISBN: 9781760640385
Format: Trade paperback (UK)
Year: 2018
Publisher: Black Inc
Pages: 336


Description:
Since the 1980s, waves of neoliberal 'economic reform' have transformed Australia.

Privatisation, deregulation, marketisation and the contracting out of government services- for three decades now, there has been widespread agreement among policymakers on the desirability of these strategies. But the benefits of economic reform are increasingly being questioned. Alongside growing voter disenchantment, new voices of dissent argue that instead of efficiency and improved services, economic reform has led to unaccountable oligopolies, increased prices, reduced productivity and degradation of the public good.

In Wrong Way, Australia's leading economists and public intellectuals do a cost-benefit analysis of economic reform across key areas. Have these reforms been worthwhile for the Australian community and its economy? Have they given us a better society, as promised?
'Has privatisation led to more productivity-enhancing competition? Has deregulation increased economic welfare in energy, finance, health, education and labour markets? Does the lived experience of Australians measure up to the promise of economic reform?

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