Hastings gull
Well-known member
- Nov 23, 2013
- 4,652
I feel the re-nationalisation is merely low hanging fruit. It's really about time Labour introduced it.
The problem with privatisation is that it is taking a national resource (something that belongs to all of us) and puts it into private hands (benefitting only people with shares in it). That is fine in markets where genuine competition will drive up service quality and/or drive down consumer prices, but where this is not the case, it is ridiculously unfair on the poor. And what is galling about national rail is that we the taxpayer are *still* subsidising these dreadful companies.
I do understand the point that public ownership doesn't have the incentives to control costs, but is that really a fair trade-off for depriving the country of an asset it owns, and the subsequent benefits this ought to bring - including the ability to make a more coherent national transport policy? I really don't think so.
I am not an expert with regard to the railways -are we subsidising them or Network Rail?
I see what you say in your first para. There is much criticism of the companies, some fair and some just a question of hitting out - but will nationalisation be the solution? Your hope about benefits and a coherent transport policy sounds good, and it is all too easy to trot out these platitudes, but will this be the case, when at the end of the day, who cares - it is the taxpayers's problem.