Quote:
Originally Posted by ianch99
The thing that never fails to amaze me is that so many people are content that they are being ripped off. If you had a payslip deduction labelled "Payment to Water/Train/Energy Company Shareholders", you'd be livid yet for years that is what has been has been (indirectly) happening.
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Decades of propaganda has gone into the fallacy of the “efficiency” of the private sector, and the pretence that four or five companies or providers constitutes a genuinely free market as opposed to a cartel.
Sure there were probably some immediate efficiencies. However fundamentally cutting costs means cutting wages or cutting corners. Ploughing excrement into the sea a classic example of the latter.
The energy companies are enjoying their windfalls. Now it’s the banks having their turn. Essentially the wealth of the nation - declining - is being extracted. Trickle up economics.