Rethinking Municipal Privatization( Series - New Political Economy )

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 also highlights the immense theoretical and policy space for radically reconsidering and rethinking privatization processes in both the municipal and global contexts.