Quote:
Originally Posted by tweetiepooh
I think that privatisation should have worked, the rail system was built that way. But one big problem was measuring each company individually without thought of a national system. As a result, companies running one service would not wait even if they were effectively running a connecting service to a late running train. It's fine having individual companies running different sections but where routes utilised multiple companies there needed to be an overall plan too.
|
A key issue is that unlike the Thatcher privatisations, a lot of the railway system is loss-making so you can't just privatise and regulate or they would go to the wall.
However, they do bring a lot of economic and sustainability benefits so someone in government or in a government agency needs to decide where the subsidies should go.