Thread: UK to nationalise train operators from May

So you think Nationalisation is the solution?

You need to get out more...

Originally Posted by harrybarracuda

if they actually had an interest in the company performing well.


Why does it need to be a profit centre?

Asked and answered.

Originally Posted by harrybarracuda

Why does it need to be a profit centre?

with out profit ...

1. there are no funds for wage increases.
2. there are no funds for infrastructure or rolling stock upgrades.
3. there is no incentive to increase productivity or efficiency.
4. the taxpayer will end up paying more and more each year to fund it.

just look at how the nhs swallows up more and more funding each year with no improvement in service delivered. its run by ideological planning committees instead of economic graduate managers.

rail privatisation was badly thought out and poorly implemented and re-nationalisation by a union dominated labour government will be even worse.

Rail Privatisation - Success or Failure? - Economics Help

Originally Posted by taxexile

with out profit ...

1. there are no funds for wage increases.
2. there are no funds for infrastructure or rolling stock upgrades.
3. there is no incentive to increase productivity or efficiency.
4. the taxpayer will end up paying more and more each year to fund it.

just look at how the nhs swallows up more and more funding each year with no improvement in service delivered. its run by ideological planning committees instead of economic graduate managers.

rail privatisation was badly thought out and poorly implemented and re-nationalisation by a union dominated labour government will be even worse.

Rail Privatisation - Success or Failure? - Economics Help

Yes, why don't you just take one line out of context and paint the scenario you think fits?

I said:

A joint government/employee ownership would be the best solution.

Yes, investment is needed, but on an ongoing basis profits can be used to fund wage increases or, you know, a profit share?

And thus:

3. there is no incentive to increase productivity or efficiency.

Getting direct rewards for your efforts is infinitely preferable to going on strike to get them, which is what happened the last time.

Try and think out side the wholly private/wholly nationalised options for even a minute.

And don't compare it with the NHS, the tories have been deliberately trying to fuck that up for years to try and force privatisation.

They would love the US model for the personal benefits it would bring them.