Re:Why privatisation has been a costly failure in Britain
by danparsonson on Tuesday July 11, 2023 @11:52AM
(#36682750)
That being the case then, I wonder what's different about countries that get it right? Better public sector management? Privatisation with stronger regulation?
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Re:Why privatisation has been a costly failure in Britain
by theonlybutlet on Tuesday July 11, 2023 @06:18PM
(#36688023)
A well managed parastatal/state owned company. The shareholder returns can be pumped back into the business if they fail and management sacked. A get out of jail free card/the profits aren't being siphoned off to a select few and indirectly, the commodity is potentially cost efficient for consumers.