The Victorian Branch of the Australian Fabians invites you to the second event of our Autumn Series on Privatisation
Since the 1980s there has been massive privatisation and outsourcing of Australia’s utilities and infrastructure, such as public transport, power generation, tollways, communications, information technology, airlines, ports and water. It was driven by an ideology which venerated the market and the profit motive, yet never enjoyed public support.
What is the balance sheet of 40 years of privatisation in Australia? What is the way forward?
The trend to privatization has been worldwide. How did this happen? Can we change direction? What are the alternatives?
John Quiggin is a Professor of Economics at The University of Queensland. He has has written extensively on privatisation and his most recent book is Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly, published in 2019. He was formerly an Australian Research Council Laureate Fellow and Federation Fellow and a Member of the Board of the Climate Change Authority of the Australian Government. John is also a regular contributor to media publications such as The Guardian, The Conversation and The Sydney Morning Herald and the Australian Financial Review.
David Richardson is Senior Research Fellow at The Australia Institute. He has taught economics at University of New England and the University of Western Australia. His research interests include macroeconomics and international economics. He is author of 'The Costs of Market Experiments: Electricity Consumers Pay the Price for Competition, Privatisation, Corporatisation and Marketization'.
All welcome to stay for our 'online pub' after the event:
With ongoing COVID restrictions, this is an effort to maintain the social aspect of our face to face events. So come prepared with your own BYO drink and nibbles for the after event discussion. We encourage all members to switch on video at the event to improve sociability.
This is an Online Only event - a link to join the Zoom event will be forwarded via email upon RSVP and prior to the event.