@georgevekic.bsky.social
Reposted
How privatisation works (and Thames Water is just the latest example).
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
November 18, 2024 at 12:02 PM
How privatisation works (and Thames Water is just the latest example).
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵