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A comment on Why privatisation has been a costly failure in Britain. Parent comment

Re:Why privatisation has been a costly failure in Britain by dazc on Tuesday July 11, 2023 @06:05AM (#36678741)
Public utility companies were operating very inefficiently at the time, the motives behind privation obviously had a political element but there was some good intention behind it.

In hindsight, much stricter regulation regarding reinvestment of profits would have been a good idea.

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Re:Why privatisation has been a costly failure in Britain by xmcqdpt2 on Tuesday July 11, 2023 @08:16AM (#36679910)
The thing is, by the time you have made the regulation strict enough to avoid any and all tricks Goldman-Sachs and friends can come up with, you've basically nationalized the companies.
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