“All Aboard The Starmer Express!” | Labour’s Plan To Renationalise Railways SCRUTINISED
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- čas přidán 25. 04. 2024
- Labour is pledging to renationalise the railways within 5 years if they win the next election.
Under its blueprint, a new body called “Great British Railways” will take over service contracts currently held by private companies as they expire in the coming years.
Former Managing Editor of RAIL, Dan Harvey says: “I think it's a common sense idea.”
Mike Graham argues that the people who are currently running the railways are getting “quite a hefty fee, but are not running them very well”.
#train #labour #keirstarmer #public #trainfares
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All natural monopolies should be nationalised, Water, Gas and Electricity, Capitalism doesn't work without competition.
It's not free market capitalism without consumer choice. At the moment we don't even have a choice to not use them at all let alone have competitors to choose from
Indeed, competition in capitalism isn't an add-on. It's inherent, natural, it's there by default. To paraphrase George Stigler, competition is a tough weed, not a fragile flower. If it's not there, it's because it has been suppressed through great effort.
Lol talk tv love foreigners when they own your services
Our railways are currently the most expensive in Europe. We pay billions per year in subsidies to rail companies who must be making a profit because they pay out generous dividends. Either re-nationalise the railways OR cut all subsidies and make them provide a service people want to use and make it profitable. Most of these rail companies own railways in other countries and provide a much better service there without subsidies
How is that possible though?!
Our Rolling Stock is from the 90s! We STILL Don't have Bullet Trains!
It's embarrassing
In Spain we have the best high speed trains after China 🇨🇳 and is cheaper too.
In England there’s onely one speed train London -Margate
And without fail, it'll be a short term contract until they've gained enough favour, claim it's failed and return it to Private hands, eitherway the public will still pay heavily!
Once you reach a price figure, you don't cut that price down otherwise you'll be at a profit loss and they sure as heck won't let that happen, that's guaranteed 1000%!!!!!😊
Which knob said they get paid a huge fee but run very well? Obviously no-one that actually *uses* the railway, pays extortionate ticket prices and puts up with cancellations, over-crowding and delays.
People think they are getting cheaper fares....😂😂😂😂
Renationalise and we have to pay more in taxes . Just one question, drivers are now on £65,000 per year, will that wage level be continued by renationalising?. I started work with BR in 1974, we had to work long hours to get a decent wage. In 1997 the rail industry was privatised, my wages jumped by £6,000 per year. The old BR idea never invested in newer trains in its later years. I was working on 40 yearold locomotives and wagons. Private investment gave us 250 NEW locomotives and 1500 new wagons. Labour have to realise that most trains are leased now, rail companies don't own them. WHERE WILL THE MONEY COME FROM STARMER ?
so couldnt the government lease them?
Doctordross Drivers are on that wage due to overtime at the start of the strikes the government ordered an overtime ban and the rail companies stood still they couldn’t honour the time table ! While the strikes were on the tax payer paid the rail companies their profits ? Subsidised at every level just like water the rail companies are borrowing money not to invest but to pay share holders a profit !
The cost to renationalise is zero. The state don't need to make a profit, it would prevent the need of subsidies, also, it reduces the level of taxation needed within the economy, as it would be logged as a state asset, the IMF fiscal monitor pointed this out in October 2018.
BR had it's investment from government cut by Thatcher and Mayor to run it down so they could say it's failing and try and get support to privatise from the public. We still have 80's Northern Pacer trains. GB News and Talk TV the home of misinformation, Ofcom are toothless to shut them down. Great to see them sticking to one of Corbyn's policies. The cost is nothing they will re-nationalise as each operator's franchise comes to end instead of going out to tender again they will put them into state control. It works well in Germany, In Ireland in most of Europe were most trains are re-nationalised.
Whilst I am wary of it - if anyone thinks that the current system of rail privatisation has worked, then you must be on another planet. If the railways had been privatised with the track and rolling stock sold off together, much like the famous "Big Four" companies of the past - then that might of been better.
Renationalise food production and supply.... and that doesn't mean putting the government in charge.
Impossible. They don't have the budget to nationalise the trains.
The cost is zero. I think they can manage that.
Scrap HS2.
Spain 🇪🇸 has all the country with high speed trains 🚆 (ave)
It’s possible
A good sound idea if it works !!
Mr flip flop Starmer can't be trusted.
The British Rail 1970s was run by the unions constantly going on strike; running intermittently & demanding more money - fast foward to 2024 the trains are run by unions constantly going on strike; running intermittently & demanding more money! 🤦♀️😂😂😂
The trains were also far cheaper in real terms. We still have 80's Northern Pacer trains. GB News and Talk TV the home of misinformation, Ofcom are toothless to shut them down. Great to see them sticking to one of Corbyn's policies. The cost is nothing they will re-nationalise as each operator's franchise comes to end instead of going out to tender again they will put them into state control. It works well in Germany, In Ireland in most of Europe were most trains are re-nationalised.
National Railways, Ah those were the days. Hundreds employees , strikes . Staff who were inept and or lazy you couldn’t remove or sack which is normal for ALL public sector employment.
The situation hasn't exactly improved after nationalisation, has it?
Communists being Communists
You sound so out of touch with morden economics, things have changed so much post 2008. Paul Romer, who earned his PhD in economics in the University of Chicago the temple of neoliberel economics, provided a scathing attack of his own profession in a paper titled ' The Trouble With Macroeconomics'. New York University, 2016. Romer describes mainstream macroeconomics as having been in a state of 'intellectual regress... for more than three decades' (now make that four decades.) culminating in the obsession for so-called Dynamic Stochastic General Equilibrium (DSGE) New Keynesian models - which Romer describes as 'post real' - that lie at the heart of mainstream ecconomics. These are highly complex and abstract mathematical models that attempt to explain aggregate economic phenomena, such as economic growth, buissness cycles and the effects of monetary and fiscal policy, on the basis of macroeconomic principles that have no bearing on macroeconomic reality, which the models erroneously assume to be governed by stable causal mechanisms.
The government needs to renationalise all needed serviceses and infrastructure, and so much more to stabilise the UK economy. The model in place has been deemed as unfit for purpose. The longer this model is in place, the economic outcome will continue to deteriorate. I am non partisan and this change is needed. Political commentators need to address this outdated mindset when it comes to macroeconomic policies. This model is impeding economic growth.
The problem is you had the wrong accent for the video you played we all know it would be Gupta or one of his ilk