Public Service, Private Profits

Public Service, Private Profits

The Political Economy of Public-private Partnerships in Canada

Book - 2010
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Fernwood Pr

PPPs/P3s have become all the rage amongst every level of government in Canada in recent years. Proponents claim P3s reduce the costs of building and operating public projects and services,that projects and services are delivered more efficiently through the P3 model, so that in the end taxpayers are better off economically and as consumers of public goods. This book tests all of these claims, and more, finding them mostly empty, ideological assertions. Through an exhaustive series of case studies of P3s in Canada — from schools, bridges and water treatment plants to social services and hospital food — this book finds that most P3s are more costly to build and finance, provide poorer quality services and are less accessible than if they were built and operated by public servants. Moreover, many essential services are less accountable to citizens when private corporations are involved.



Independent Publishing Group

An analysis of the claim that private-public partnerships (called PPPs or P3s) reduce the building and operating costs of public projects and services, this study examines a large number of P3 case studies?from schools, bridges, and water treatment plants to social services and hospital food services?and concludes the opposite: most P3s are more costly to build and finance, provide poorer services, and are less accessible than if they had been built and operated by public servants. The book provides a clear explanation of what P3s are, the misleading accounting procedures used by governments to make them appear more palatable, and how many essential services are less accountable to citizens when private corporations become involved.



Publisher: Winnipeg : Fernwood Publishing, c2010
ISBN: 9781552663387
Characteristics: 224 p. ; 23 cm
Additional Contributors: Loxley, Salim 1970-

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StarGladiator
Sep 21, 2014

10 stars: this book is universally applicable, be it Canada, of which it is written, or the USA, or PPPs in Australia, or those in Greece with Goldman Sachs, or Slovakia. Across the country applicability and enlightenment. PPPs - - socializing the costs, privatizing the profits; giveaways for the rich. [There's a retired engineer in Australia, believe his name is John Goldberg, who has done an outstanding job explaining the PPPs and Australian infrastructure projects.]

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delfon
Feb 23, 2013

P3's explained, and the implications of NAFTA and how ending agreements could be construed as 'expropriation" - see Schrybman. See Canadian Council for Public Private Partnerships (pppcouncil.ca/. The Federal Gov't through; PPPCanada Inc.: p3canada.ca/ offers loans, guarantees etc to anyone looking to start a P3. So far, from this book, not one P3 has ever worked out. Naivete of the part of public servants, or incredible and false assumptions by purveyors of P3's, makes for a suspicion that malfeasance is at play in these ventures. P3's are basicaly anti-labour. risk-analysis needed and comparison to normal procurements. finnacing costs are much higher than public. Off book records not allowed by GAAP, nor auditor generals. ownerships disputes possible. no-way for the community to complain, all is secret. taxpayers at times pays 2 to 3 times cost of normally procurement. returns to private corp at 24% easy. Federal govt is forcing provinces to go the P3 route, as they frustrate solutions other ways. high costs of P3's means cutbacks in other areas. civll servant not up to speed on the complexities etc --- shows they are paid far in excess of their capabilities. no accountibility nor transparency. unbundled projects, exclude most contractors meaning only large multi-national or US firms can participate. This is a great sometimes easy, yet tough read, but shows the total stupidity and gullibility of our sainted civil servants in some instances.
Projects are analyzed and value determined, oddly, all had no public input, one has to wonder about that aspect since its the taxpayers getting the bills without any of the say._______________________ <http://www.fernwoodpublishing.ca/Public-Service-Private-Profits-John-Loxley-Salim-Loxley/> ____________________________ http://www.fernwoodpublishing.ca/website_pdfs/publicservice.pdf or :< http://www.winnipegfreepress.com/local/book-uncovers-dangers-of-p3s-95840124.html>

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