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Do you have any comparison of the lessons that should have been learnt through the privatisation of the British railways?

It's disappointing that the benefits of good investment in infrastructure are dismissed for shorter term gains.  Privatising doesn't mean that they will get the mess off their hands, by any means. The impact will spread to other areas that will land on state budgets if privatisation doesn't work effectively.

by In Wales (inwales aaat eurotrib.com) on Sat Sep 22nd, 2007 at 09:48:03 AM EST
Basically, a lesson not learnt :-) Or :-(

A lesson though that came in late, as the German process started already before Britain realised rail privatisation. But rail privatisation true-believers will always say that

  1. the British failure was just one example, let's do it better!

  2. is the British example really a failure, with the jump in passenger numbers?

One difference with the British process is though that even through privatisation, the German federal State spent big sums on the infrastructure. But that spending was not well thought-through,  assymmetric and focused on big projects -- high-speed lines, renewals of major stations, electronic switch centers, those freight terminals; while other parts were left to rot or were disused.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Sep 22nd, 2007 at 10:10:12 AM EST
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The Fates are kind.
by Gaianne on Sat Sep 22nd, 2007 at 05:35:13 PM EST
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