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In the UK it's time to nationalise the losses (lemmy.world)

submitted 3 months ago by [email protected] to c/[email protected]

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The elections are approaching and the polls show that the conservative are trailing. Is it a surprise? The leader makes image of the party, how much can a rich guy of Indian origin connect with the British public? Not at all. There could still be the appeal to the other British indian, after all the statistics say that British of Asian descent make a big minority, but a big chunk of them originates from Pakistan and on them Sunak is likely to have the opposite effect. There is also the big share of British Indians who are concentrated in Urban areas where the rest of the population overwhemingly votes for labour, they won't bring any support. For what matters all the other voters Sunak is definitely not a popular character as was Boris Johnson when the Tories won the election.

What I say is quite obvious to the experts and the Tories have a team of very good analysts. Why are they sticking with Sunak? Because they want to lose, they could not carry out the work that must be done now. The privatisations of the Thatcher era have exhausted their purpose. Big finance extracted all the value they could squeeze from the privatised services and they now they hold big piles of debts. it's time to nationalise the losses.

It's not just Thames Water. The railways have been asking for money for quite some time. Wales and Scotland already nationalised the local networks. The rest of the work already started, now it's time to complete it.

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[–] [email protected] 3 points 3 months ago (1 children)

Private profits, nationalised losses, are what we already have?

[–] [email protected] 0 points 3 months ago* (last edited 3 months ago)

This is just an observation of what's happening. As it says the Thatcher cycle is completed, the new cycle is beginning.