Thursday, September 22, 2011
The Great Privatisation Rip-Off- and how we can end it
Ever since the Thatcher governments – which insisted that regulation, rather than being a device to protect the public, was in fact a conspiracy against them– politicians have been deluged with complaints about poor service, mis-selling and excess profit among privatised or deregulated industries. They always promise to get tough and, indeed, sometimes move towards re-regulation. But companies always find new tricks, keeping one step ahead of both consumer and government. So it will continue, for better or worse, until someone dares to utter again the dread words: public ownership.
You can read the whole of Peter Wilby’s brilliant Guardian piece on the ‘financialisation of daily life’ in the neoliberal era, here.
And of course some of us have uttered the ‘dread words’, and have been doing so for some time.