Properly owned private companies are a force for good, but they do not belong everywhere. Networks of key public services such as rail are natural monopolies; ownership in other countries respects that truth, and Britains attempt to escape it has been a costly debacle. Great public infrastructure is delivered through great public institutions or if though private companies, those that are constituted by their founding charter to deliver public benefits. Its time to build and expand the public institutions we have and insist that any private holder of a franchise designed to deliver a public good is constituted as a public benefit company with a charter that sets outs obligations to match the privileges, including paying UK tax. Its time to end the rip off. Commuters of Britain unite! Youve nothing to lose but your overpriced season tickets. So much this.
Posted on: Sun, 24 Aug 2014 10:59:02 +0000
Trending Topics
Recently Viewed Topics
© 2015