The US nationalized passenger rail travel when it was loosing money; now they will give it back to private industry, it seems.
On Sun, Nov 25, 2001 at 11:56:10AM +0200, Patrick Bond wrote:
>
> Last week in South Africa, the ANC's largest privatisation -- a 20% share in
> South African Airways bought a couple of years ago by SwissAir (bankrupt
> after 9/11) -- was renationalised. If it wasn't so unwieldy, we'd be talking
> lots more about "remunicipalisation" of the many screwed-up water, rubbish
> and electricity privatisations that have been foolishly sold off by the
> late-apartheid and ANC regimes... (http://www.queensu.ca/msp )
>
> But aside from internal capitalist contradictions and academic critiques,
> class struggle continues. As that Washington Post article demonstrated, the
> masses in the streets of Soweto are doing a very very good job at making the
> parastatal service suppliers as unattractive as possible for future
> privatisers. I gather they featured on CNN last week too, as well as being
> the subject of a national SA Broadcasting Corporation special investigation
> the week before.
>
>
>
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu