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I can see how shareholders have reaped the benefits at times but ffs, when they were nationalised industries, we were ALL shareholders, not just this increasingly narrow group of generally well off people. Thatcherism = greed and failure. Discuss!
[Post edited 28 Jun 2023 18:26]
bluescouser
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Please tell me which privatisation process has benefitted the whole nation? on 08:50 - Jun 29 with 950 views
Please tell me which privatisation process has benefitted the whole nation? on 21:55 - Jun 28 by Trequartista
Gas, electric and rail were all pretty inefficient when under national control. Workers were getting away with taking as long as they liked over small tasks.
That's not to say that if they were re-nationalised, they couldn't be run efficiently in the future, that's just how it was in Britain back in the day.
This view merely reflects the adverse narrative about nationalisation that I mentioned above, and is not borne out by the experience of my father who worked for three nationalised electricity boards in a period of over 30 years.
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Please tell me which privatisation process has benefitted the whole nation? on 08:59 - Jun 29 with 932 views
Please tell me which privatisation process has benefitted the whole nation? on 08:50 - Jun 29 by DJR
This view merely reflects the adverse narrative about nationalisation that I mentioned above, and is not borne out by the experience of my father who worked for three nationalised electricity boards in a period of over 30 years.
To clarify, my view was also anecdotal, rather than something i had just read.
1. Sell Assets 2. Get Money 3. Give all the money back in subsidies 4. Private companies profit and pay dividends to foreign parent companies 5. End up with a failing infrastructure
Please tell me which privatisation process has benefitted the whole nation? on 14:29 - Jul 1 by wkj
The fun thing about privatisation
1. Sell Assets 2. Get Money 3. Give all the money back in subsidies 4. Private companies profit and pay dividends to foreign parent companies 5. End up with a failing infrastructure
Everybody wins!
you forgot
6: pay extortionate amount of money to failing private company to bring it back into national ownership where it should have stayed in the first place
Please tell me which privatisation process has benefitted the whole nation? on 14:32 - Jul 1 by positivity
you forgot
6: pay extortionate amount of money to failing private company to bring it back into national ownership where it should have stayed in the first place
Postage, Roads, Power, Health, Water - those five should be nationalised without question in opinion. I can see why public transport, telecoms and broadband might be on the edge of the line.
I can even see a case for education being privatised at a stretch.
I think the next one we will see on it's knees is Royal Mail
Please tell me which privatisation process has benefitted the whole nation? on 18:17 - Jun 28 by redrickstuhaart
Whilst I do broadly agree with your point, I wonder if you remember just how shyte railways used to be. They aren't good now, but British Rail was atrocious.
there' a reason for that go to 9.30 and it will be explained . although i use to travel by train everyday from 1964 to1966 to ipswich to the civic college and cant remember being late in the morning and on the return journey at night. plus went away on football specials to leeds liverpool etc and always got to them cities with no probs
forensic experts say footers and spruces fingerprints were not found at the scene after the weekends rows
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Please tell me which privatisation process has benefitted the whole nation? on 15:39 - Jul 1 with 808 views
Please tell me which privatisation process has benefitted the whole nation? on 14:32 - Jul 1 by positivity
you forgot
6: pay extortionate amount of money to failing private company to bring it back into national ownership where it should have stayed in the first place
Even worse.
7. Get consumers to pay for the cost of failed energy companies through increased standing charges: an estimate last year suggested the cost of the failure of Bulb Energy (it is not the only one) could add £200 to bills.
This from a Guardian article in November of last year.
"The bailout threatens to add more than £200 on to bills for households, who have already suffered a £94 hit from the other 28 energy suppliers to have collapsed since the start of the energy crisis."
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