Macquarie also flexed its muscles to influence state and local politics as a member of the Koch-backed American Legislative Exchange Council (ALEC). For decades, the ALEC agenda has helped set the stage for infrastructure privatization by “depriving the government of key revenue,” says Lisa Graves, executive director of the Center for Media and Democracy, which runs the website ALEC Exposed. “If you make it harder for governments to raise taxes, you create a situation where the government has to resort to public-private partnerships.”
A New Deal for Wall Street
Source: In These Times | Published: 7/19/2017