Quote:
Originally Posted by philw
There is nowhere in the world today where a return to nationalisation is being contemplated
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It actually HAPPENED in NZ not so long ago. As usual, privately funded corporate enterprise (please don't call it private enterprise) were able to buy NZR for next to nothing, tried to squeeze as much money as they could out of it, didn't invest in new equipment, and left the railway in a mess. Again, as usual, the public sector is left to sort it out.