Licensed larceny : infrastructure, financial extraction and the global south / Nicholas Hildyard.

Format:

Book

Author/Creator:

Hildyard, Nicholas, author.

Series:

Manchester capitalism.

Manchester capitalism

Language:

English

Subjects (All):

Wealth--Social aspects.

Wealth.

Elite (Social sciences).

Physical Description:

1 online resource : illustrations (black and white), maps (black and white).

Place of Publication:

Manchester : Manchester University Press, 2017.

Summary:

Licensed larceny is best viewed as a proxy for how effectively elites have constructed institutions that extract value from the rest of society. For inequality is not just a problem of poverty and the poor; it is as much a problem of wealth and the rich. The provision of public services is one area which is increasingly being reconfigured to extract wealth upward to the one per cent, notably through so-called Public Private Partnerships (PPPs). The push for PPPs is not about building infrastructure for the benefit of society but about constructing new subsidies that benefit the already wealthy. It is less about financing development than developing finance. Understanding and exposing these processes is essential if inequality is to be challenged. What does the wealth gap suggest about the need for new forms of organising by those who would resist elite power?

Notes:

Previously issued in print: 2016.

Includes bibliographical references.

Description based on online resource; title from home page (viewed on December 19, 2016).

ISBN:

9781526108975

1526108976

9781784994273

1784994278

9781526108982

1526108984