tag:blogger.com,1999:blog-5312853715123370916.post5819302100936224632..comments2024-03-17T00:10:44.022+00:00Comments on From Arse To Elbow: Nationalise ThisDavid Timoneyhttp://www.blogger.com/profile/03568348438980023320noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5312853715123370916.post-10842347911164578172016-08-26T19:41:06.342+01:002016-08-26T19:41:06.342+01:00As you've suggested with just a few examples, ...As you've suggested with just a few examples, nationalisation is another area where Corbyn has compromised significantly and could easily be much more radical. Yet he still gets no credit from the 'mainstream'.<br /><br />His adversary on this occasion has been one of the biggest beneficiaries of public sector efficiency, taking over its East Coast franchise that proved very profitable to the state. All the privatisations from the 1980s onwards have been parasitical, but post-Thatcher ones really give the game away that the aim is for the state and taxpayer to subsidise inefficient private business. New Labour proved just as keen as the Tories when it came to this, and Mr Smith in his previous incarnation was very eager for his employer to take a slice.Igor Belanovnoreply@blogger.comtag:blogger.com,1999:blog-5312853715123370916.post-13360099322707628042016-08-26T12:09:07.930+01:002016-08-26T12:09:07.930+01:00Eminently sensible, particularly as commercial ban...Eminently sensible, particularly as commercial banks are closing branches. Another one proven by history, namely Girobank.David Timoneyhttps://www.blogger.com/profile/03568348438980023320noreply@blogger.comtag:blogger.com,1999:blog-5312853715123370916.post-51266116821025759812016-08-26T12:05:19.408+01:002016-08-26T12:05:19.408+01:00How about public utility banking? Including the i...How about public utility banking? Including the inter-bank transfer systems. Base it in Post offices. Put a floor under charges, and levy the banks to fund it.gastro georgenoreply@blogger.com