Quote:
Originally Posted by andrewb
Privatisation wasn't just a "bit of political dogma". It lead to competition which benefited the consumer, replacing inefficient state monopolies and taking the taxpayer off the hook. Take the telephone market. Could you imagine only having the choice of BT? There'd be no reason for them to improve their service, sort out your problems with haste or provide cheap internet access. You have the choice of a large number of suppliers, allowing you to pick the one you prefer.
Politicians do not know best. They can't predict what goods and services people want. Business meets consumer demand, and business fails when it gets it wrong. When politicians decide what is best for us we end up with inefficient and expensive services that we all pay more tax for.
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...and what about the privatisation of gas and electric? Has that benefitted the consumer? Has it heck as like. It's been replaced by a cosy little cartel who routinely rip the consumer off to add to their already fat profits. What about water? Have we "the choice of a large number of suppliers"? I hadn't noticed.
