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by mytailorisrich 899 days ago
Ideology works both ways. Public ownership is not a magic solution that would solve everything, and in fact it'd probably create its own set of problems.

Maybe a state-owned company that must operate on stringent efficiency requirements with private sector best practices.

2 comments

The former British Rail was cheaper to run, cheaper to use, and provided a better service which integrated service delivery, maintenance. engineering, and national R&D (with valuable IP which was given away for nothing after privatisation.)

It was often joked about because it was underfunded and run down, but in financial terms it was hugely efficient.

The ideology isn't really about "free markets", it's about giving public money to donors, cronies, and - bizarrely - foreign businesses, because much of the privatised network is foreign-owned.

In fact the ideology is fundamentally about not spending public money on working people - because they're poor and inferior, they don't deserve it, and if life gets too comfortable for them they'll start talking back instead of knowing their place.

Over the decades the definition of "working" has expanded from "factory workers and semi-skilled" to formerly middle class professions like law and medicine.

Engineering has always been considered a low-status profession, as has competent - as opposed to venal and self-interested - management.

Ideology goes both ways... When Corbyn wanted to nationalise railways and in fact turn them into coops it was ideology as well. Throwing money at things without clear business case and ROI is ideology as well. Your comment is hitting at the Tories for the sake of it, frankly, which seems like ideology as well.

We need pragmatism.

Perhaps state-owned railways would deliver more value but most likely that would mean running the company on sound principles with high efficiency and private sector management principles, and no strikes (none of which is a given in the public sector, unfortunately).

We can also legislate without polarising catch all ideologies. It's not a dichotomy between two extremes of full free market or full public ownership.
Right, there are places where Free Market solutions worked, and equally we shouldn't go "That's bad, get rid of the Free Market". But I'm highlighting the Tory ideology in this case because (a) their ideology makes it impossible to just fix this and (b) they've had a long time in power to do so if they were able and prove me wrong.

The use of Contracts for Difference to fund renewable power generation is an example where ideology and practicality aligned. This is a Free Market solution which nicely matches the problem.