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Privatising humanity
How our essential human needs became financial assets
Brief Description
A powerful expose of how finance turns our basic human needs into assets. We have entered a new era of turbo-charged financial extraction. Having amassed huge reserves, global finance capital is seeking out fresh areas for profitable investments. Virtually all aspects of our lives are now...
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Privatising humanity
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See moreThis short, powerful book exposes how our essential services have become the assets of international finance, with devastating implications for the future.
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Description
A powerful expose of how finance turns our basic human needs into assets.
We have entered a new era of turbo-charged financial extraction. Having amassed huge reserves, global finance capital is seeking out fresh areas for profitable investments. 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 taxpayers 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 devastating consequences of this model, which is contributing to deepening inequality.
Book Details
INFORMATION
ISBN: 9781526182982
Publisher: Manchester University Press
Format: Paperback / softback
Date Published: 26 May 2026
Country: United Kingdom
Imprint: Manchester University Press
Illustration: 15 black & white illustrations
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 18.0mm
Width: 129.0mm
Height: 198.0mm
Weight: 256g
Pages: 288
About the Author
Kate Bayliss is a Research Associate at SOAS University of London.
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