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Great video explaining exactly this issue.

They took NO RISK - they have been asset stripping for years!

They took the risk precisely *because* they knew they’d get compensated for failure. That’s the big flaw in privatisation of essential public services - the owners know they can’t be allowed to fail.

So many companies failing and going down the tubes apart from the ones with the tubes sucking up all our money..

Socialism for the rich Capitalism for the poor Businesses fail Business fails #WeCantAffordTheRich

Beautiful & engaging animation! Well done to Rowlification 👏

That's the point they didn't take the risk, they took a monopoly and ran it badly fort there own personal profit

This is so true