Sunday, February 17, 2008
1-0 to The Campaign for Public Ownership!
Well, The Campaign For Public Ownership has only been going a month and already we have the government following our very sound advice on the merits of public ownership. But now that the rubicon has been crossed, why can't the government also announce that it is renationalising the railways and the other public utilities and assets flogged off in the last 29 years? Nationalisation ought to be an integral part of the government's industrial and economic strategy not a 'last resort' as in the case of Northern Rock. Still, an important rubicon was crossed today, and even though the government says that the nationalisation of Northern Rock is only a temporary measure, we should still be delighted that after 29 years of 'free market' fanaticism, the pendulum is finally swinging back our way.