Hacker News new | ask | show | jobs
Billions of pounds are sucked out of England’s water system (theguardian.com)
8 points by noughts 1088 days ago
2 comments

Um, yeah. If you compare an honest, well-managed public-owned basic utility to one which is run by "greed is the one true God" capitalists - obviously it's gonna be night vs. day.

But the former required an honest, competent government. Wikipedia has a quick summary of the privatization of England's formerly-public water & sewer systems - https://en.wikipedia.org/wiki/Water_privatisation_in_England...

Privatization and deregulation trickledown Reganomics / vampire capitalism come home to roost.