Call to renationalize UK rail service

Carl Remick carlremick at hotmail.com
Fri Oct 15 14:03:15 PDT 1999



>The privatisation of rail has not been totally illogical if it is a way of
>promoting a culture of individual responsibility in individual teams.

There was an interesting front-page article in the Wall Street Journal the other day saying that Blair & Co. are intent on privatizing the London Underground. By contrast, the New York City subway system *started out* as three privately owned subway lines -- the IRT, BMT and IND -- with different technical specs, which is why the same rolling stock can't be used throughout the system. These lines were taken over by the local government because they proved unprofitable and, as memory serves, unsafe.

Carl

______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com



More information about the lbo-talk mailing list