I wish them all the best; I can't really see how privatisation makes sense of natural public monopoly especially when the government is subsidising it anyway -how can that be anything other than paying shareholders and directors instead of distributing benefits to the public? The argument against renationalising when Railtrack went under was that it'd be too expensive, but the marchers are saying: "'You can't have individual different companies out there. The fact is it would be cheaper for the British government to renationalise it rather than bung three times the amount of subsidy that the former British Rail received.'"
Quite so.
Guardian Unlimited Politics | Special Reports | Workers to march for rail renationalisation:
08 March 2005
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