Reposted by Luke Broster
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.
🧵
Reposted by Luke Broster
Good morning! If you've found my 'UK news and politics' starter pack useful to get you up and running on @bsky.app, please spread the word to new users by giving this a repost.
Cheers!
go.bsky.app/VNsC9bL
Cheers!
go.bsky.app/VNsC9bL
November 12, 2024 at 7:37 AM
Good morning! If you've found my 'UK news and politics' starter pack useful to get you up and running on @bsky.app, please spread the word to new users by giving this a repost.
Cheers!
go.bsky.app/VNsC9bL
Cheers!
go.bsky.app/VNsC9bL