Privatisation of energy led to excessive price rises and poor service. Privatisation of the trains led to public debt, subsidies, bailouts and a rise in prices and poor service. The privatisation of our water led to public debts, subsidies and a rise in prices and poor service. The privatisation of Royal Mail has led to a rise in prices and poor service.
This may lead you to the conclusion that Privatisation doesn't work. However, privatisation works perfectly for shareholders. They get the profits and a huge chunk of our taxes via subsidies, That we pay them to do our government's job. We get a rise in prices, poor service and public debt.
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