Posts Tagged ‘ppps’

PPPs don’t make economic sense

Written By: - Date published: 9:57 am, April 15th, 2010 - 55 comments

National’s apologists say we should let private corporations run our prisons because it will save money. But do Public Private Partnerships (privatisation in drag) really save money? The experience here and abroad says no. To put it bluntly, when you rely on someone else to deliver something you need they’ve got you by the balls and the profit motive gives them plenty of incentive to squeeze.