Oh dear! What are the British people thinking of?

Michael Roberts Blog

The British people are not stupid.  They know that neoliberal, neoclassical ‘free market’ economics does not work, even if they don’t use those terms.  In a survey by YouGov, the leading public opinion pollsters in the UK, more than two-thirds of those asked wanted the railways, the energy companies (gas, electricity) and the postal service (Royal Mail was recently privatised for a peppercorn price and is now controlled by American offshore hedge funds) renationalised.

Support for nationalisation

The questions were: “Do you think the government should have the power to control prices of the following things, or should prices be left to those selling the goods or service to decide?”; and “Do you think the following should be nationalised and run in the public sector, or privatised and run by private companies?”. 84% wanted to continue the taxpayer funded National Health Service and did not want to move to a private insurance system as…

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