Sentences with phrase «privatizing public infrastructure»

The ultimate killer is for the ECB, IMF and EC to demand that governments pay their debts by privatizing public infrastructure, natural resources, land and other assets in the public domain.

Not exact matches

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

The guiding mentality of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as government spending is slashed, public infrastructure privatized and banks bailed out with «taxpayer» burdens that fall mainly on labor.

The result is a double - crisis: austerity stemming from debt deflation, while public health, communications, information technology, transportation and other basic infrastructure are privatized by corporate monopolies that raise prices charged to labor and industry.

The labor theory of value aimed at isolating the economic rent as a margin that either was to be taxed away (for land and natural resources that were privatized) or kept in the public domain (for infrastructure and other natural monopolies).

Ten years following the devastating storm, some say the experiment to privatize the city's poor public school infrastructure is working.

Let's have the Greeks mortgage their country, sell off the Parthenon, privatize their infrastructure (at a fraction of the investment cost), drastically shrink the public sector, or sell off Mikonos.