Liberalization and privatization have ultimately only confused consumers, but have whetted the appetite of the industry bosses and their puppets even more. The takeover of the state by the private sector is no longer about the realization of an ideological project. Economist James Galbraith explains what companies really want: the state must provide an environment that is conducive to their development. The state has to provide an environment that earns them as much money as possible, restricts their power the least, and, “in case something goes wrong”, guarantees their rescue.
