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Rethinking Municipal Privatization

New Political Economy

By (author) Oliver D. Cooke
Format: Hardback
Publisher: Taylor & Francis Ltd, London, United Kingdom
Imprint: Routledge
Published: 26th Dec 2007
Dimensions: w 206mm h 240mm d 22mm
Weight: 426g
ISBN-10: 0415962099
ISBN-13: 9780415962094
Barcode No: 9780415962094
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Synopsis
This book examines one of the most high-profile municipal privatizations-the privatization of New York City's Central Park. The fiscal crisis of the 1970s established the political and cultural opening for privatizations, which were justified on the basis of increasing efficiency. However, as Cooke demonstrates, these justifications were deliberately blind to the social and economic implication of privatization. This fascinating account moves beyond the hackneyed pro- versus anti-privatization debate by reconceptualizing the park's privatization as an ensemble of contradictory class effects. It also highlights the immense theoretical and policy space for radically reconsidering and rethinking privatization processes in both the municipal and global contexts.

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