Comments by "gerhard7" (@gerhard7323) on "Rail Privatisation Failure – Why we pay more for Trains" video.

Just as aside, but is it me or does capitalism actually seem awfully adept at creating large monopolies and oligopolies rather than destroying them nowadays?
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There are cast iron common sense reasons why complex vital and expensive national infrastructure should ALWAYS remain in state hands. One only has to look at the 'sewage' going down at Thames water to currently see it at its worst. Their mounting £15bn debt looks like, surprise surprise, is going to be assumed by the UK Government. The UK water 'industry' was originally privatised with zero debt for its new owners courtesy of the UK taxpayer taking on its obligations and yet today it's in debt to the tune of over £60bn in total over a period of 30 years. Like the railways this was pure expedient greed and a blatant wealth transfer at the expense of UK taxpayers cynically dressed up by the Tories as a political ideology. 'Private in the good times. Public in the bad'. THAT was the ideology. Nuff said.
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