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Symposium The Dismal (Delusional and Dangerous) “Science” of Economics and the “Capture” of Public Administration

Naive Neoclassical Economics and the Promised Land of Privatization

Bibliographic Data

ID12450098
AuthorsJohn Dixon (0000-0002-3972-6437, a Kazakhstan Institute of Management, Economics, and Strategic Research, corresponding author)
Year2010
Volume32
Issue3
Pages348-372
Publication date2010-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAdministrative Theory & Praxis (JOURNAL)
Journal identifiersISSN: 1084-1806 • E-ISSN: 1949-0461
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.2753/atp1084-1806320304
OpenAlexW2285051682
LanguageEN
Citations received1
References cited25

The pressures for the privatization of public services over the last 30 years are the reaction to the perceived excesses, inefficiencies, and inadequacies of public provision. They drew strength from the spirit of neoliberalism and the logic of neoclassical economics and its offshoot, rational choice theory. The dilemma that has now emerged is that there is a nascent gap between the aspiration of business for the profitable private provision of public services and the reality of reforming governments by removing political pressures from stakeholder interest groups and by demanding significant regulation of privatized public services in order to protect and promote the public interest. This business aspiration—political reality gap has its origin in contending and conflicting privatization perspectives, which are grounded in irreconcilable epistemological and ontological assumptions that underpin neoliberalism's neoclassical free-market economic roots. This either-or conflict makes the closing of this gap a win-lose struggle

Dilemma · Economics · Epistemology · Law and economics · Neoclassical economics · Neoliberalism (international relations · Political economy · Political science · Politics · Positive economics · Economic Theory and Institutions · Law · Public Administration

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Unique citing works1
Citations per year0.07
Citation span2012 - 2012 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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