Margaret Thatcher is undoubtedly one of the most divisive people in British political history. But whatever you think of her she’s a woman whose economic policies still reverberate today. She’ll always be known as someone who loved the tenuous idea of linking property ownership to democracy, who valued the economy over society and thought that a big bang liberation of the City of London would deliver untold riches for everyone.
Privatising British Railways was meant to bring innovation, efficiency, competition and therefore lower fares but the reality, well it’s been very different. The former British Prime Minister and devout neo liberal Margaret Thatcher was in favour of mass privatisation but even she claimed that privatising the British Rail System was ‘a privatisation too far’ but this didn’t stop her successors. So on this program we ask. Was the neoliberal dream of rail privatisation actually the great British train robbery?
Coming up this week on Renegade Inc we explore the ramifications of the privatisation of public services, up to and including the police force. Tune into Renegade Inc on Monday the 29th of January at 7.30am, 1.30pm, and 6.30pm, or stay glued to the website for upcoming episodes.
We’re seeing more public sector entities being outsourced, health and social care services privatized and a culture of competition and management speak introduced into public services. Daniel Margrain shows how the political agenda on both sides have shaped the NHS crisis unfolding today.
The privatisation of debt collection in Britain has resulted in a boom for the bailiff industry of such massive proportions it would make Al Capone blush. Over 300 UK local authorities outsourced their debt collection to private bailiffs in 2014-15. More than two million debt collection referrals took place over that 12-month period, which works out to more than six new debt enforcement instructions every minute. This is why the industry is seeing double digit growth year-on-year. But at what social cost?