Quote:
Originally Posted by Sephiroth
Then add Railways, Gas, Water, Electricity, postal services. You should be very worried about state ownership on that scale in this modern day of investment economics.
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Investment economics?
I'm completely unconcerned that what are fundamentally cartels would be broken up and assets returned to public ownership.
There's no genuine competition in these markets, only privatisation of the profits and nationalisation of the losses through subsidies.
All those brave capitalists can then go out there and invest in markets where there is genuine competition.