Privatization has spread worldwide during the 1980s and 1990s, reshaping the balance between state and market in many countries. This book provides a comparative political analysis of privatization in the UK, United States and France. The authors argue that privatization is a political phenomenon and should be analyzed as such, rather than as an economic response to the growth of the state and the cost of state provision. The book will be of interest to students of politics, economics, public policy and business studies, as well as to policy-makers and business consultants.