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Old 31-01-2008, 02:54 PM   #1 (permalink)
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Default Nationalisation of Key Resources?

What's everyone's opinion of some form of the nationalisation of key british utilities?

By utilities I mean gas, electricity, water as well as other the sources of energy, that form part of our living essentials? Is it a positive factor that they may rest in the hands of other nationals of other countries?

I also refer to companies such as QinetiQ, the defence technology defence company, or Telecomms, which again are important to maintaining Britain's nation structure. I'm not referring to whether Marks & Spencer or Next are owned by foreign nations, purely key national assets. Though maybe you feel that these too are important and should be owned by a British majority. Perhaps the sell of O2 or BAE to Spanish firms is a negative thing?

Would full nationalisation be beneficial, or how about hybrid schemes? Whereby certain companies would be nationalised by the state say 51% to maintain British control?

But is nationalisation a 'tried and failed' system - it obviously did not work before hence privatisation. So how about avoiding nationalisation, but still encouraging British ownership and control? Say for example rules stating that British companies must be owned by British a citizen or citizens by at least 51%? Similar scheme exist in France and the USA where national utilities and media outlets have to be majority owned by citizens of that country (Murdoch would never be allowed to exercise such influence in the USA if he wasn't a US citizen).

What's your opinion?
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Old 31-01-2008, 04:34 PM   #2 (permalink)
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Quote:
Originally Posted by 22ANDUK View Post
What's everyone's opinion of some form of the nationalisation of key british utilities?

By utilities I mean gas, electricity, water as well as other the sources of energy, that form part of our living essentials? Is it a positive factor that they may rest in the hands of other nationals of other countries?

I also refer to companies such as QinetiQ, the defence technology defence company, or Telecomms, which again are important to maintaining Britain's nation structure. I'm not referring to whether Marks & Spencer or Next are owned by foreign nations, purely key national assets. Though maybe you feel that these too are important and should be owned by a British majority. Perhaps the sell of O2 or BAE to Spanish firms is a negative thing?

Would full nationalisation be beneficial, or how about hybrid schemes? Whereby certain companies would be nationalised by the state say 51% to maintain British control?

But is nationalisation a 'tried and failed' system - it obviously did not work before hence privatisation. So how about avoiding nationalisation, but still encouraging British ownership and control? Say for example rules stating that British companies must be owned by British a citizen or citizens by at least 51%? Similar scheme exist in France and the USA where national utilities and media outlets have to be majority owned by citizens of that country (Murdoch would never be allowed to exercise such influence in the USA if he wasn't a US citizen).

What's your opinion?
I think it sounds far too socalist, MONEY, MONEY, MONEY its all they care about. How about freedom. Freedom to own mines, freedom to sell, freedom to employ.
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Old 31-01-2008, 05:41 PM   #3 (permalink)
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I remember growing up in the 1970s with state run industrys and an unprofitable manufacuting sector.

Mrs Thatcher's economic policys were a break from those failures and I beleive the nation owes her a great debt for that which we will never be able to repay.
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Old 31-01-2008, 06:19 PM   #4 (permalink)
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Privatisation has worked to a degree but many of the regulators have turned native and there are certain things which should be nationalised
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Old 31-01-2008, 06:44 PM   #5 (permalink)
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Quote:
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How about freedom. Freedom to own mines, freedom to sell, freedom to employ.
Agreed! Providing they are owned by Britain's and sold to Britons!
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Old 31-01-2008, 08:37 PM   #6 (permalink)
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I don't care who owns SWEB (or any other company) - whether they be British or foreign - provided I get my leccy.

Don't re-nationalise anything,
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Old 31-01-2008, 08:59 PM   #7 (permalink)
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We need to go further. My three most hated government organisations: The BBC, customs and in particular, the government backed monopoly - the Royal Mail, all need to either be disbanded or have their supports pulled from under them.

As for Parcelforce (a sub unit of the Royal Mail), the sooner they disappear, the better for all of humanity.
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Old 31-01-2008, 09:11 PM   #8 (permalink)
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I certainly think utilities like gas,water and electricity should not be run for profit. I don't think they made a loss when they were state owned they are more efficient now due to modern technology and investment, something the government of the day did not do.

Like i always say if a government cannot run a successful company they shouldn't be running the country.
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Old 31-01-2008, 09:26 PM   #9 (permalink)
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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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Old 31-01-2008, 09:27 PM   #10 (permalink)
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Quote:
Originally Posted by Smidgey View Post
We need to go further. My three most hated government organisations: The BBC, customs and in particular, the government backed monopoly - the Royal Mail, all need to either be disbanded or have their supports pulled from under them.

As for Parcelforce (a sub unit of the Royal Mail), the sooner they disappear, the better for all of humanity.
Yes, the BBC should be privatised, as should the Royal Mail. Customs should stay though.
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