Quote:
Originally Posted by Eurosceptic Atlanticist
Everything was shlt when nationalised, why bother investing when you hold the monopoly? (British Rail anyone?)
The only reason nationalied industries were 'cheaper' or made a 'profit' is because they were propped up by tax payers!
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British rail was never truly nationalized it was sold to private companies on the basis that they would be subsidized through tax payers money.
The question of weather certain services like water, electric gas, would be better off nationalized is a hard one to call. In all honesty I'd be in favor if the competency of government could be assured, which as we all know it can't.
I'm sure though industry like these could be well legislated through government, run through the private sector and provide a cheap service wile making a good profit if the things like the great myth of man made global warming weren't making life impossible for every one.