Next On The List

Next to be “bailed out”, apparently, are to be the utilities and the railways.

In the case of the utilities, the bailout should take the form of buying up the controlling interests at what little they are still worth, and then subjecting them to democratic political control in perpetuity.

As for the railways, they were only ever privatised on the understanding that profits would be guaranteed by enormous public subsidies. They have already been more than bailed out, and their shareholders have already been more than compensated. A simple, cost-free transfer to public ownership should be effected immediately.

Who would do these things?

We would.

And nobody else would.