Season 1 · Episode 312
Is it time to revert to more state ownership?
Can we really substitute reliability for profit?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
August 18, 202241m 26sExplicit
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Show Notes
It’s a question being asked more and more. How many of the things that we privatised should be brought back under state control, as energy companies record massive profits, yet those on low incomes are struggling to heat their homes? In the UK privatisation was rampant in the eighties, but were mistakes made? Steve Keen has a simple test as to whether some things are best managed by the public sector or the private sector? But what about public-private partnerships? Are they potentially the worst outcome of all?
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