Britain fell for a neoliberal con trick – even the IMF says so | Aditya Chakrabortty

The fund reports that Britain’s finances are weaker than all other nations except Portugal, and says privatisation is to blameColumnists usually proffer answers, but today I want to ask a question, a big one. What price is paid when a promise is broken? Because for much of my life, and probably yours, the political class has made this pledge: that the best way to run an economy is to hack back the public realm as far as possible and let the private sector run free. That way, services opera