Udte Parindey Profile picture

Sep 4, 2020, 10 tweets

10 Reason why privatisation is bad for you

1. Your services get worse
Public services involve caring for people. But private companies make a profit from public services by cutting corners or underinvesting. #StopPrivatisation

2. Privatisation costs you more
You pay more, both as a taxpayer and directly when they privatise public services. #StopPrivatisation

3. You can't hold private companies accountable
If a private company runs a service, they are not democratically accountable to you. You don't have a voice. #StopPrivatisation

4. You don't get a democratic voice
When we go to the shops, we all make our own individual decisions about what we want. Public services are different – they give us a chance to come together to decide what kind of society we want to live in. #StopPrivatisation

5. Privatisation creates a divided society
Public services are important to meet everyone's basic needs, so we can all be part of the community. #StopPrivatisation

6. Public services are natural monopolies
Privatisation was introduced because of a belief in free markets and consumer choice. But public services are often what economists call ‘natural monopolies’. #StopPrivatisation

7. Privatisation means fragmentation
When lots of private companies are involved in delivering a public service, this can create a complicated, fragmented system where it’s not always clear who’s doing what. For example, our railway. #StopPrivatisation

8. Private companies cherry pick services
Private companies cherry pick the profitable bits of a service so they can make as much money as possible. #StopPrivatisation

9. Privatisation means less flexibility
Councils and government departments are responsible for meeting the needs of the public – but privatisation means less flexibility for changing circumstances. #StopPrivatisation

10. Privatisation is risky
Look what happened when Carillion failed. If private companies are running our public services and are too big to fail, the public has to pick up the pieces when things go wrong. #StopPrivatisation

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