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level100Weeb t1_iyen8al wrote

isnt that the fault of english investment firms not seeing that their own water industry is a better investment than foreign companies see it?

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Mr_Happy_80 t1_iyf5bkl wrote

It's the fault of Conservative governments selling state assets to their friends for pennies on the pound. The resulting lack of investment is why our beaches are polluted and raw sewage is being pumped in to our rivers.

If you want an example of why private companies are the wrong people to own and run public services then look at the UK. From water, to public transport, to health care, to electricity, to oil and gas, to post, it's one monumental cluster fuck set up to line the pockets of shareholders with tax payer's money.

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kthulhu666 t1_iyenes5 wrote

I'd guess more the fault of shorter term investing.

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Chroko t1_iyfbjo4 wrote

Imagine thinking that entities with the least amount of money are to blame for problems under capitalism.

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