Quote:
Originally Posted by Mancie
And what are the advantages of a private market? we are not talking fruit n veg...the only advantage is to those who are shareholders in the private company..and the policy of that private company will be to give good returns to the share holders.. not good returns to the public.. to the shareholders.. now it's been like that forever.. are you and your poxy pansey Cameron going to change that?
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Change it to what exactly? If people want to invest in a company then why not?
A brilliant example of competition vs monopoly, be that state or private, is in Hull. Kingston Communications still exists in Hull and BT have no presence. The only broadband provider is Kingston Communications under the name 'Karoo'. There is no competition. The internet is expensive, and slow. The customer service is the worst I have ever experienced and I have been with a lot of broadband providers. There is no incentive to make the service better or cheaper, beause they know people have nowhere else to go.
At home I can switch from many providers, and get the best deal. They constantly lower prices, fast speeds and have good customer services (if you look around), because they know that I could switch quite easily if they were not providing the best.