BUSINESS

Paul Krugman Blasts The 'Corrupt Nexus Of Privatization'

06/22/2012 08:42 am ET | Updated Aug 22, 2012

Over the past few days, The New York Times has published several terrifying reports about New Jersey's system of halfway houses -- privately run adjuncts to the regular system of prisons. The series is a model of investigative reporting, which everyone should read. But it should also be seen in context. The horrors described are part of a broader pattern in which essential functions of government are being both privatized and degraded.

Read more on The New York Times

Suggest a correction