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Thames Water investors say temporary nationalisation would slow its recovery (www.theguardian.com)
submitted 6 months ago by to c/unitedkingdom@feddit.uk
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[–] 20 points 6 months ago

I suggest permanent nationalisation

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    [–] 13 points 6 months ago (1 child)

    Are these the same investors who have plundered it for so long?

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  • [–] 2 points 5 months ago*

    It's not, that's literally their game. They take over the utility, ask for a grant from the government to improve their services, use the money to increase the stock, and then sell the company on to new investors. Rinse and Repeat

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    • [–] 8 points 6 months ago

    There's no need for it to be temporary.

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    [–] 3 points 6 months ago

    I can't think of a more natural monopoly than a fucking river.

    How do you laissez faire the Thames? Dredge a second polluted scar in the earth right next to it? Why isn't it already nationalized?

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