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General Election 2017: Labour 'plans Water Industry Nationalisation'

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mikey4444 | 07:10 Tue 16th May 2017 | News
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http://www.bbc.co.uk/news/election-2017-39930278

Whats not to like ?

The water industry are continuing to fail to dealing with leaks. Instead of dealing with these leaks, they prefer to pay huge dividends to shareholders ::

https://www.theguardian.com/commentisfree/2012/may/08/water-industry-pipes-scandal
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No, I might be left wing, but I'm not a communist.
Would you nationalise the food industry, Cloverjo?


In the 80's the food industry was struggling along with mining, steel and shipbuilding.
Maggie was very close to closing it down. (little known fact there)
The only reason not to nationalise food production is that the present system doesn't fail badly enough to have to consider doing so.
That might be your only reason, OG.

The only reason that the water industry was privatised was that it was failing badly enough to want to get rid. It was massively in debt with infrastructure that needed almost totally replacing. I am not against public-run services in principle, just aware that they are rarely if ever run efficiently.
Hardly a reason to privatise. Would be admitting to government incompetence. One privatises to sell the family silver and spend spend spend, and leave the next government with coping with the result.
I am surprised at the amount of support Corbyn receives on these hallowed pages :)

Maybe everyone is bored of austerity for no reason?
What austerity do we really have though, apart from in sound bites that is?

Inn principle I'm for the Government owning water, sewage, electric, gas and the rail. The problem is Nationalisng such industries leads to them being very inefficient and we end up paying more.

Dividends may be being paid Mickey, but being private keeps costs down so the net cost to us the tax payer is probably less than if Nationalised with strikes, ransom, sill wages and poor management.

OG, unless you prefer a Stalinist State9which some of your posts seem to imply) you cannot just grab business and property from individuals. Apart from the fact probably the majority of people own some of these utilities via pensions it wrecks investment coming into the country, breeds resentment and leads to civil unrest. Marxism does not work.
It is still a possibility. Or do you deny it happens ?
//what's not to like?//

well, how about how this - and a number of other measures outlined in the manifesto but not included in the funding document - are going to be paid for?
http://www.labour.org.uk/page/-/Images/manifesto-2017/Labour%20Manifesto%202017.pdf
http://www.labour.org.uk/page/-/Images/manifesto-2017/Funding%20Britain%27s%20Future.PDF

major major gaps on the bringing into public ownership of water, energy, railways, royal mail, etc, crossrail 2, the new brighton line, crossrail of the north, scrapping of the severn bridge tolls, upgrades to the A1, etc etc etc.
Is all this not somewhat academic, given the current opinion polls?
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TTT...its a very good job I was sitting down. Although you have made that common sense post before, so I should have known !

But you are right of course. Privatisation of all our utilities was just an attempt to bribe the British people, by offering up shares to buy, to make a few shillings profits a few days later.

But the Tories conned those people into buying these so-called shares ( Tell Sid ! ) in industries that they already owned !

As my previous link proved, water leaks are no better now, than they were prior to the Great Steal and I still have no choice who I buy my water from. We were conned....big time !
'We were conned'! The cry of the Labour lame duck.
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"I am surprised at the amount of support Corbyn receives on these hallowed pages "

Was that an attempt at humour ?

Corbyn gets a lot of stick on here, as I do, day in, day out. I am not remotely surprised by that of course, as AB is overwhelmingly right wing, as your straw Polls have shown in the past.

By the way, is too early to ask for another of your Polls, concerning the Election in June ?
I don't care if a poster is left or right wing I judge them by their answers ... or lack of answers in a few particular cases.
Unless they truly believe in miracles, I find it incredible that anyone would be conned by Corbyn's promises.
(i) the so-called water industry industry was pishing it away back in the 80s and 90s and before - I nearly went for a director's job back in the 90s and the stats on losses from the UK Water Assoc (off Bird Cage Walk) were staggering back then.

(ii) - Jerry, what's all of this going to cost? The highest tax in the G20 and not just the rich as they can't fund all of the billions that you are looking for.

(iii) realism, not a strong suit.

(iv) want a bet on the result come the 9th, mikey.....?
Whether it's private or nationalised it seems ludicrous to me to have different companies selling what is essentially an identical product. Is Severn Trent water any better than Thames? Is British Gas electricity and bettrr than npower? And yet, in the case of electicity at least it is apparently our own fault if we pay too much as we should be spending half our lives looking for better deals, 'shopping around' for identical goods merely on price grounds. The price should be uniform if the product is identical.
there's more to price in the utility industry....albeit price is an important factor - throw in the company that gets your meter reads reasonably right when estimating, gets your billing right, and then things like auto-metering, mixing in solar and alternatives, (even wind), house muffling as to energy loss...and shall I continue.....
Labour would be the last place to go right now if you have a concern about leaks. They have a big problem with leaks themselves as evidenced in the circulation of their draft (daft?) manifesto last week.

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