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Privatising Humanity: How Our Essential Human Needs Became Financial Assets - Couverture souple

Bayliss, Kate

 
9781526182982: Privatising Humanity: How Our Essential Human Needs Became Financial Assets

Synopsis

This book is a powerful exposé of how finance is turning our fundamental human needs into profitable assets.

‘A sharp account of how financial power reshapes everyday life.’ – Grace Blakeley
‘Sophisticated, deeply informed and highly readable.’ – Philip G. Alston

We have entered a new era of turbo-charged financial extraction. Having amassed huge reserves, global finance capital is seeking out fresh areas for investment. Virtually all aspects of our lives are now targeted by someone seeking to make a profit.

In Privatising humanity, Kate Bayliss shows how wealthy investors, including asset managers, target our essential services. When it comes to investments in these sectors, shareholder profits are funded by us, the end-users and tax-payers who simply wish to meet our basic human needs for water, warmth and shelter. We have no alternative but to pay into these structures that often generate massive returns for investors and dysfunctional systems for society.

Unpacking the details of these processes in three sectors in the UK – water, energy and housing – Bayliss exposes the harmful consequences of this model, which is contributing to deepening inequality.

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À propos de l'auteur

Kate Bayliss is a Research Associate at SOAS University of London

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.