beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,015
This is where you are quite wrong. The whole raft of privatisations ranging from utilities, BT and railways to the Post Office and the NHS have been a direct transfer from the public sector where money is spent on services to the private sector where a profit motive is the bottom line. In the few examples where a profit wasnt made the private sector has walked away from their contracts breaking them, and leaving the tax payer to pick up the pieces.
firstly you were talking about taxation, now you are talking about assets. secondly, those assets are not being transfered from poor to rich, but from state to private ownership. from an economics point of view, rather than political, there's clear differences between these notions. i know you dont recognise the difference of the distinction, which is half the problem with left/right debates, that the left will tell us white is aubergine as it suits their agenda to confuse the general public. as the state sector is funded majority by the higher earners (it is), really at best you could argue there is a transfer from the moderatly wealthy to other moderatly wealthy, from state ownership to social ownership via pensions. its funny because this is whats going on in the German and French "state ownership" earlier on, where the state assets are more openly acknowleged to be owned by public and private companies whose shareholders are pensions and insurers.