Is it time to nationalise our services?

Question

electricity has gone through the roof, yet they post massive profits every year. with this resource being a neccessity, is'nt it time to nationalise it and run it at cost price for everyone. have the fat cats not made enough already.

Answer 1

your joking of course. MPs are creaming off so much bribe money and share holder dividends out of all this. they !! are the reason were in this mess. they set up the whole con!! in the first place. that would be like asking the thief to put the sterio back in your car.

Answer 2

good question this, if privatisation is so good, why are there so many fines for these companies for miss- selling, bad value for money. waste. and the railways and royal mail have defiantly benefited from it haven't they (NOT) does anyone even really know who provides the cheapest gas etc. last i heard privatisation has not benefited customers. ( perhaps excepting big business ) especially if you don't live in the big citys.

Answer 3

Unfortunately, the cycle of nationalisation and privatisation would go on and on, as history tells us. And nationalisation will make the fat cats richer (you have to BUY their shares) - then along comes another Thatcher and sells it again.

The simple answer is to threaten the companies. Cut prices, OR pay a second windfall tax.

Answer 4

Please, look at Amtrak and see what a nationalized industry will get you. No, that isn't the answer, possibly greater oversight.

Answer 5

We have just de-nationalised most of them!!

Answer 6

Nationalization (socialization) is unethical, inefficient, un-American, and just plain wrong.

Monopolies always fail. The answer is competition. If you don't like your local electric monopoly, then make your own energy. There are plenty of ways to get off the grid (wind power, solar power, gas generators, LP generators, etc.).

If you nationalize anything, it always costs more, the cost is just hidden because you pay for it in taxes.

Answer 7

No!We have been down that road before!It just does not work!

Answer 8

What an awesome idea.  We should let the government run the utility companies.(sarcasm emphasized)

Answer 9

No goverment owned organisations tend to give c**p service, offer poor value for money

politicians tend to skew publically owned organisations to suit their immediate political needs.

unions tend to subvert the aims of the organisatrion from being custome led into being employee led to the detriment of the customer.

Britains electricity prives are high.. but in part they are that high becuase of the governent and it rfenewables obligation it imposes on distribution companies.  those monuments to poltical vanity and incomeptance, wind turbines generate massive profits because of hidden subsidies which oblige electrical companies to buy exepnsive wind power when no sane or rational company would,,  its too exepnsive

yes yoiu could argue that electricity companies are making argauable excessive profits.. what makes you think that taking them into public ownership wold amke any difference.. you'd still have the same people running the company, youd have a slew of new aims and targets. and as shown elsehwere you'd have simialr pay structures which reward incompetance.. look at eh bonus systems that civil servants are now on.

Answer 10

No letting the government run everything is the worst thing we could do

Answer 11

oh geez, look up the standard of living in third world countries that have nationalized services like that and then we can talk.

Answer 12

I would support increased regulation before considering nationalization.  That seems to work better in most cases.

Answer 13

Nationalize?? You must be kidding. Look what the government did with Social Security. The government can't run itself let alone other enterprises. The answer is to take away the monopoly and allow various electrical companies compete for the business. Then, the prices will stabilize a bit and probably come down.

Answer 14

If that what YOU want.. then YOU need to move to a country that is like that.

Hard times do not call for socialism.

There are plenty of socialistic countries out there if that is your preference.