SS4
Established Member
Privatisation of Telecoms, Gas and Electric has no doubt benefitted the shareholders, but because of increased competition has massively benefitted consumers via lower prices that we could only have dreamt of if (for example) BT still had a monopoly. I'm old enough to remember when you did that thing to save money where you rang the phone twice to say you got home OK. Now you get free calls!
Technology has changed communication/telecoms more than privatisation. If BT still had a monopoly it would have to compete with mobile phones.
Privatisation is essentially the cherry picking of profitable business aspects and leaving the public sector with the unprofitable ones which can no longer be subsided by the profitable ones as they once were which leaves the public purse lighter.
Of course privatisation is an excellent thing if you've enough capital to invest.
Like 313103 I'm glad we're in a country where we can strike, where the ordinary worker can make his voice heard.
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I agree.
Yet you could choose not to do it before the Olympics, and then maybe not be accused of self-interest and gain more public support for your grievances?
And get completely ignored for your troubles? Public support is always fickle as jealousy is rife amongst many who cannot take industrial action, if we relied on public support it'd be race to the bottom which suits nobody except management.