Nationalised industry question
- Thread starter transam
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No, they were dogged by bad management. Edit - and orders from the Government.
No country's railway in the world makes a profit. You may wonder why anyone would have "bought" it.
No country's railway in the world makes a profit. You may wonder why anyone would have "bought" it.
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Because once privatised, then there must be competition, and consequently multiplicity of resourses and managements.
Much better than a nationalised monopoly run for the benefit of the country.
the post office is required to transport a letter from anywhere to anywhere on a daily basis for about 60p
they cannot add suppliments for north off scotland or the iow
Surely the idea of a nationalised industry is to run for the benefit of the country.
As a service, It does not have to make a profit?
If it is competing against other industry, as a state run industry and/or exporting there is a difference.
Perhaps profit is the wrong word did they ever create a surplus
Think that was the word that was used
The "bad management" were "nationalised" as well.
The "bad management" were "nationalised" as well.
years ago the council the railway the bins the post office where overmanned but that included many in society that didnt fit in anywhere else so almost impossible to get work else where so giving a social element to working there for some
the savings from not now being overmanned is paid for by the social costs off unemployment and delinquency to some not the whole cause but part off the cost off being "more efficient"
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Fair enough, but they had bosses too - the treasury and government.
I don't suppose you are suggesting that the nationalised industries were well managed.
Weren't they run down on purpose to prepare for privatisation on the cheap?
Did most of the shares immediately increase in price?
Haven't some revelations just come out about Dr.Beeching's plans?
I have proposed before that if renationalised they should have Japanese management allowed to run them properly.
in the 90s no one was interested in bidding for the railway franchises
in the end they had to double the subsidy to get any interest
now instead off starving the public railways they doubled the subsidy we could have had a world class publicly owned railway now without the fiasco off money grabbing companies that took up the innitial rosco franchises
in the end they had to double the subsidy to get any interest
now instead off starving the public railways they doubled the subsidy we could have had a world class publicly owned railway now without the fiasco off money grabbing companies that took up the innitial rosco franchises
D
durhamplumber
192? No need now.I hate the fact they sold off directory enquiries.
Why do we need 20 or so companies doing it and ripping us off.
Ill vote for the party that renationalises 192
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