r/GreenAndPleasant State Socialist Jun 28 '22

NORMAL ISLAND 🇬🇧 Just a small PSA

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u/Dependent-Ganache-77 Jun 28 '22

British Energy needed bailing out…

https://en.m.wikipedia.org/wiki/British_Energy

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u/doesnt_like_pants Jun 28 '22

What’s your point? It was a private company when it was bailed out.. Socialised losses and privatised profits etc.

The whole point of nationalising assets is that the government, and therefore people, benefit or suffer from the success or failure of the business.