Quote:
Originally Posted by Bibio
...utilities should never be put in the hands of the private sector. .............. in the private sector there has to be a profit made, would that profit not be better in the public purse or am i missing something.
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I tend to look at it the other way round. There's no incentive for a publicly owned/nationalised industry to be profitable nor efficient. That's reflected in the costs of the NHS, MOD etc, the management there don't need to "earn" the money for the business, they are given it.
I can't really think of a super successful efficient cost effective value for money example of a nationalised industry, I'm open to suggestions. Politicians are probably the worst possible bunch to actually run anything, they are mainly interested in changing stuff which is always an illusion of progress, much of the time you need to leave things alone and just run the business properly.