INDEPENDENT NEWS

Public-Private Partnerships - Parasitic Relations

Published: Thu 5 Dec 2002 09:19 AM
Public-Private Partnerships - Parasitic Relationships
The government announcement of legislation to allow for so-called public-private partnerships represents the start of the second wave of rogernomics. What the 1984 Labour government began, the current Labour government is set to continue.
Under these PPP's the community puts up much of the money, builds the infrastructure and then hands it to the private sector to milk the community. These so-called PPP's are less the partner and more the
parasite.
PPP's replace the social right to use essential infrastructure with a government guaranteed income stream for the private sector.
In jargon terms the losses are "socialised" (paid for by the community) while the profits are "privatised".
Surely if there is profit to be made from essential infrastructure such as roading then it must come back to the community rather than into the back pockets of the Business Roundtable's friends.
It is pathetic for the government to say that this infrastructure will not be privatised. The new face of privatisation worldwide is for the assets to remain in public ownership but the management to be
privatised. This benefits the private sector because when the contracts expire at the natural life of the infrastructure then the community - rather than the private sector - once more must pay to upgrade it.
Private sector involvement inevitably increases the cost to the community. We are 10% behind before we start because this is the profit margin for the private sector.
This is the ugly face of government co-operation with private greed and unfortunately its little surprise to see the Labour government smoothing the way for these business parasites to get a firm grip before they start sucking.

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