Privatisation benefits both workers and taxpayers in the long term


On 15 June 2017, the Directorate General for Internal Policies published a report which maps the recent history of privatisation and examines the risk of precarious work in privatised utilities. The main goal of this study is to highlight the relationship between privatisation and employment losses. However, the data provided contradict this idea.

In fact, employment in the Eurostat categories of electricity, gas, steam, air conditioning and water supply increased by roughly 115,000 workers between 2008 and 2015 in the EU-28. Moreover, the study avoids mentioning any of the factors behind the 1980s policy shift towards privatisation and fails to discuss the huge effect of the latter on the global economy. Finally, the authors find little evidence to support the idea that the privatisation of public utilities leads to precarious work or lower pay for workers.

Read Full Report

Explore our reports

  • Reset
Advanced search

Related Events

Mon

6

June

A remote chance?

This event, hosted by UK think tank Onward, considers the future of work and the economic impact hybrid and remote…

More Info

Wed

25

May

Platform Socialism: James Muldoon in conversation with Demos

At this event, hosted by UK think tank Demos, James Muldoon will discuss his new book, 'Platform Socialism'.   As…

More Info

Tue

31

May

How liberty made the modern world

At this event, hosted by UK think tank the Adam Smith Institute, Deirdre Nansen McCloskey will discuss how liberty made…

More Info