Thread: The state benefits system mega-thread.
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Old 23-08-2019, 09:50   #2328
jfman
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Re: The state benefits system mega-thread.
Quote:
Originally Posted by OLD BOY View Post
I don't know which books of economic theory you have been reading, then! I have personal experience of privatising services and I can assure you that it is true. You are also ignoring the reason I gave you for fares increasing as they have.
Privatising a market that doesn’t introduce genuine competition doesn’t lower costs for consumers. It develops into oligopoly, which I’m sure you know from vast experience in the field, doesn’t drive down prices as in perfect competition.
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