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by mytailorisrich
899 days ago
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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. |
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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.