|And the animals all began to chant, PRIVATE GOOD, PUBLIC BAAD|
We have had a lifetime of privatisation from Thatcher, Blair, and now Osborne.
MPs and journalists in unison bleat the mantra "Private good, Public Baaaad".
It is time to look to see if privatisation actually lives up to its promise of greater efficiency.
So, does it?
The European Public Service Unions looked at 9 sectors where privatisation had taken place, and found no evidence that private is more efficient.
The excellent New Economics Foundation, nef, looked at privatisation of rail, health and prisons. here are some highlights.
Railways lost traditional bonds and transmission of skills and experience. The complexity introduced meant that literally hundreds were employed solely to apportion blame for trains being late.
State support for rail had to increase after privatisation
Life expectancy rises with health expenditure, but the USA with its 100% private health, does very badly.
The Tories deny that their reforms are an act of privatisation, but since the Lansley Act, 1/3 of new contracts have gone to private providers.
Ohio found that re-offending was higher in private prisons
Private prisons are more expensive.
The UK, and indeed the whole world, is being taken for a ride. By private providers of course.
Not convinced? Try this more in-depth account.