Returning any of the public assets back to public control will not happen in our life times (a pipe dream). Unless it is losing money and then the government will buy it back at a ridicules high price just like it was sold to them at a ridicules low price.
We still tout the people who gave away our assets as great economic managers mainly prime ministers and premiers of different states.
All these great economic managers where just looking after the big end of town and of course themselves.
The people where never a thought to these great economic managers.
Profit making was always going to increase costs but the extent, as you've laid out here, is beyond belief. As wonderful a concept as this is though, is it not beyond budgetary possibility to compensate all the corporations who own these businesses for buying them back?
“For every $100 of your electricity bill, just $12 is actually the cost of generating electricity.” 😳
Returning any of the public assets back to public control will not happen in our life times (a pipe dream). Unless it is losing money and then the government will buy it back at a ridicules high price just like it was sold to them at a ridicules low price.
We still tout the people who gave away our assets as great economic managers mainly prime ministers and premiers of different states.
All these great economic managers where just looking after the big end of town and of course themselves.
The people where never a thought to these great economic managers.
Profit making was always going to increase costs but the extent, as you've laid out here, is beyond belief. As wonderful a concept as this is though, is it not beyond budgetary possibility to compensate all the corporations who own these businesses for buying them back?