Labour’s Price Trick With Nationalising Electricity And Gas Networks

That the Labour Party wants to renationalise the electricity and gas networks is true. That the Labour Party is insane is true. Even, that the Labour Party is insane to want to renationalise the electricity and gas networks.

Yes, yes, the argument is that only in public ownership can we make sure that they deliver public goods. But that’s not actually the way to gain those things. We actually would rather – in fact we should insist – that the people defining and enforcing the delivery of those public goods aren’t the same people as those making the profit.…

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