Comments by "EdMcF1" (@EdMcF1) on "The UK DIDN'T "Privatize" the Railways" video.

  1. What they do have are private companies that can award shareholders and managers/directors high rewards 'living on the hog' of subsidies and regulated fares, so long as they keep the show on the rails as it were. Train companies don't own their trains, they lease them, they don't own the track and infrastructure, they might own the stations, and they have no incentive to innovate or cut costs.
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