TheGuardian – Seumas Milne – The Tide Is Turning Against The Scam That Is Privatisation – 11 July 2014

The Guardian

The international revival of public ownership is anathema to our City-led elite. But it’s vital to genuine economic recovery

By Seumas Milne

Quote: Privatisation isn’t working. We were promised a shareholding democracy, competition, falling costs and better services. A generation on, most people’s experience has been the opposite. From energy to water, rail to public services, the reality has been private monopolies, perverse subsidies, exorbitant prices, woeful under-investment, profiteering and corporate capture.

www.theguardian.com / link to original article

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