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Schlagbohrer 5 hours ago

Privitisation is a huge curse, and a tremendous scam perpetuated by capitalist financiers. Where has it ever produced better results? No private entity can provide a service at cost like the government can.

lava_pidgeon 4 hours ago | parent [-]

SpaceX or rockets Generally, Telecom in Germany, flights in Europe, train transport in Japan and Italy.

moooo99 4 hours ago | parent | next [-]

> Telecom in Germany

Telekom is a profitable enterprise. Yet, telecom infrastructure in Germany is on a remarkably bad level and relatively expensive. Cell coverage is also still bad, especially when travelling via rail or car.

With the exception if the Japanese Rail, all the other examples are different in one crucial detail: they are not natural monopolies.

flrlfmkhmem 4 hours ago | parent | next [-]

I don’t think you’re aware of how bad the national railway has been managed in japan, they even went broke in the 80s with trillions in debt and had to split up sell off all their infrastructure and vehicles. That’s the reason why there’s often many non-interconnected competing stations at the same site today.

zelphirkalt 4 hours ago | parent | prev [-]

Yep, compared to other countries, Germany is almost third-world country, when it comes to reliable Internet service, and prices.

gzread 4 hours ago | parent | prev | next [-]

Allowing private competition is generally good, but converting an existing state monopoly to a private corporation is generally bad.

hulitu 3 hours ago | parent [-]

> Allowing private competition is generally good,

Except when they quickly build cartels. See internet in Germany.

DocTomoe 4 hours ago | parent | prev [-]

I would not call telecommunications privatization in Germany a success story.

Yes, we can use more devices now. Prices have stayed more or less the same (or have risen, corrected by inflation. Service quality has collapsed, though.