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Old 19-08-2008, 20:29   #20
g jones
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Re: Privatisation of public utilities..good or bad?

Quote:
Originally Posted by andrewb View Post
Privatisation has been fantastic. They privatised them because government is terrible at running business.
That is such a simple dogmatic statement. British Coal was cheaper than any other coal in Europe for years until Thatcher brought in Mr Private Sector Supremo Ian McGregor and the cost rocketed.

Airports made £millions and TSB was a successful GOVERNMENT OWNED high street bank. Electric and Telephone made huge profits and didn't charge any more than now. Laissez-faire in Health Care is very costly. Market Forces and multiple providers in Social Services have been removed to lower costs and offer a better service and CCT added layers and layers of bureaucracy.

BwD have ended a big private contract because public sector can provide it cheaper and better.

The local Tories refuse to privatise for the same reasons. Every time they look at it they pull away. Benefits, Council tax, Market Hall, Refuse Collection, Trade Waste, Leisure (twice).

Its not just who runs it. Its how they think about things. Thatcher sold all our oil to Private Sector and it was sold for $1 a barrel. That old lefty Tony Benn said NS oil should have been state owned to protect it for future generations. I think Benn's idea in 2008 beats Thatchers hands down.

I work in the Private Sector so I see it from both sides.
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