Thames Water rescuers demand temporary renationalisation to cut debts, oust bosses..
After that they want reprivatisation, return to profiteering, dividends, exploitation.
Nothing will change until profit motive is eliminated.
Need public ownership.
https://www.theguardian.com/business/2025/jan/25/thames-water-rescuers-seek-clean-break-before-committing-fresh-funds
After that they want reprivatisation, return to profiteering, dividends, exploitation.
Nothing will change until profit motive is eliminated.
Need public ownership.
https://www.theguardian.com/business/2025/jan/25/thames-water-rescuers-seek-clean-break-before-committing-fresh-funds
Comments
https://weownit.org.uk/blog/whats-truth-about-nationalisation-and-compensation
How times have changed.
For the worse.
Trouble is Starmer/Reeves government is a Tory one with a different label.
No doubt Reeves will fall for the market's views to the detriment of the customers.
They should NOT be allowed to dump the debts onto the public. If they want the company, they should take it's debts.
We need to let them bankrupt and the debt to go sour (a warning to others too). Then pick up the debt-free assets from the administrators for public ownership.
Now they've been caught thieving they want it all forgiven and forgotten so they do it again. Er, sorry. It doesn't work that way.
Those soulless gofers/consigliere/chargehands are mere functionaries soul doesn't come anywhere near them.
Absolutely. This government should also be fostering a new system where success is underpinned by measurable societal (Total Stakeholder) value https://businessfightspoverty.org/total-stakeholder-value-is-this-a-new-purpose-that-can-drive-necessary-systemic-change/
Have the public stand the debt then allow the greedy b'stards to start pilfering again.
Honestly, this happens and I think a revolution is due.